NYSE:LN - Line Stock Price, News, & Analysis

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$29.90 -1.20 (-3.86 %)
(As of 05/24/2019 08:00 AM ET)
Previous Close$31.10
Today's Range$29.77 - $30.42
52-Week Range$27.66 - $46.48
Volume80,200 shs
Average Volume86,240 shs
Market Capitalization$7.13 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.26
LINE Corporation provides a platform for mobile messaging and communication services, content distribution, and related services primarily in Japan, Taiwan, Thailand, Indonesia, and Hong Kong. The company offers LINE, a cross-platform messenger application that enable users to communicate through free instant messaging, stickers, and voice and video calls, as well as serves as a smart portal to its other applications and services. It also provides communication and content sales, and advertising services through the LINE platform; and advertising services through LINE advertising, and livedoor and NAVER Matome Web portals. The company was formerly known as NHN Japan Corporation and changed its name to LINE Corporation in April 2013. The company was founded in 2000 and is headquartered in Tokyo, Japan. LINE Corporation is a subsidiary of Naver Corporation.

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Industry, Sector and Symbol

Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
Phone813-4316-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.13 billion
Cash Flow$0.2546 per share
Book Value$7.91 per share

Profitability

Net Income$-33,830,000.00

Miscellaneous

Employees4,345
Market Cap$7.13 billion
Next Earnings Date8/14/2019 (Estimated)
OptionableOptionable

Line (NYSE:LN) Frequently Asked Questions

What is Line's stock symbol?

Line trades on the New York Stock Exchange (NYSE) under the ticker symbol "LN."

How were Line's earnings last quarter?

Line Corp (NYSE:LN) released its quarterly earnings data on Wednesday, April, 24th. The technology company reported ($0.05) earnings per share (EPS) for the quarter. The technology company earned $455.95 million during the quarter. Line had a negative return on equity of 2.52% and a negative net margin of 1.58%. View Line's Earnings History.

When is Line's next earnings date?

Line is scheduled to release their next quarterly earnings announcement on Wednesday, August 14th 2019. View Earnings Estimates for Line.

What price target have analysts set for LN?

8 equities research analysts have issued 1 year price objectives for Line's shares. Their predictions range from $3,500.00 to $3,500.00. On average, they anticipate Line's stock price to reach $3,500.00 in the next year. This suggests a possible upside of 11,605.7% from the stock's current price. View Analyst Price Targets for Line.

What is the consensus analysts' recommendation for Line?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Line in the last year. There are currently 2 sell ratings, 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Line.

What are Wall Street analysts saying about Line stock?

Here are some recent quotes from research analysts about Line stock:
  • 1. According to Zacks Investment Research, "LINE Corporation develops and operates the LINE application for smartphones. It offers messenger services which include free messages, voice calls and video calls. The company also provides communication and content sales and advertising services through LINE advertising, livedoor blog, and NAVER Matome Web portals. LINE Corporation is based in Tokyo, Japan. " (5/23/2019)
  • 2. Jefferies Financial Group Inc analysts commented, "We attended BAT’s CMD yesterday. We’d suggested prior to the event that what was needed was much more granularity on future expectations, specifically RRP. After two previous CMD/briefings that were lacking in this regard, encouragingly this is what we got. With its RRP portfolio looking in good shape and a growth model that looks easily in reach, and therefore deserving of a more premium multiple, we hope we now see a period of sustained re-rating." (3/15/2019)

Has Line been receiving favorable news coverage?

Media stories about LN stock have trended positive recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Line earned a media sentiment score of 2.6 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Who are some of Line's key competitors?

What other stocks do shareholders of Line own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Line investors own include Alibaba Group (BABA), First Solar (FSLR), Micron Technology (MU), NVIDIA (NVDA), Cross Timbers Royalty Trust (CRT), Advanced Micro Devices (AMD), Broadcom (AVGO), Netflix (NFLX), Prospect Capital (PSEC) and Western Digital (WDC).

Who are Line's key executives?

Line's management team includes the folowing people:
  • Mr. Takeshi Idezawa, Pres, CEO & Representative Director (Age 46)
  • Mr. In-Joon Hwang, CFO & Director (Age 54)
  • Mr. Jun Masuda, Chief Strategy & Marketing Officer and Director (Age 41)
  • Mr. Jungho Shin, Director & Chief Service Officer (Age 46)
  • Kokan Ki, Head of Fin. and Accounting (Age 43)

When did Line IPO?

(LN) raised $928 million in an IPO on Thursday, July 14th 2016. The company issued 35,000,000 shares at $25.00-$28.00 per share. Morgan Stanley, Nomura, Goldman Sachs Japan and J.P. Morgan acted as the underwriters for the IPO and Morgan Stanley, Goldman Sachs, J.P. Morgan and Nomura were co-managers.

Who are Line's major shareholders?

Line's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Matthews International Capital Management LLC (0.80%), Tremblant Capital Group (0.55%), Macquarie Group Ltd. (0.36%), Parametric Portfolio Associates LLC (0.14%), Baillie Gifford & Co. (0.13%) and Coronation Fund Managers Ltd. (0.06%).

Which institutional investors are selling Line stock?

LN stock was sold by a variety of institutional investors in the last quarter, including Tremblant Capital Group, Baillie Gifford & Co., JPMorgan Chase & Co., Goldman Sachs Group Inc., Comerica Bank and Morgan Stanley.

Which institutional investors are buying Line stock?

LN stock was purchased by a variety of institutional investors in the last quarter, including Matthews International Capital Management LLC, Coronation Fund Managers Ltd., Henry James International Management Inc., CSat Investment Advisory L.P., Parametric Portfolio Associates LLC, Eqis Capital Management Inc., Liberty Mutual Group Asset Management Inc. and Macquarie Group Ltd..

How do I buy shares of Line?

Shares of LN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Line's stock price today?

One share of LN stock can currently be purchased for approximately $29.90.

How big of a company is Line?

Line has a market capitalization of $7.13 billion and generates $2.13 billion in revenue each year. The technology company earns $-33,830,000.00 in net income (profit) each year or ($0.16) on an earnings per share basis. Line employs 4,345 workers across the globe.

What is Line's official website?

The official website for Line is http://www.linecorp.com/.

How can I contact Line?

Line's mailing address is JR Shinjuku Miraina Tower 23rd Floor 4-1-6 Shinjuku, Tokyo M0, 160-0022. The technology company can be reached via phone at 813-4316-2000.


MarketBeat Community Rating for Line (NYSE LN)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  188 (Vote Outperform)
Underperform Votes:  263 (Vote Underperform)
Total Votes:  451
MarketBeat's community ratings are surveys of what our community members think about Line and other stocks. Vote "Outperform" if you believe LN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/24/2019 by MarketBeat.com Staff

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