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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
SymbolNYSE:LN
CUSIPN/A
Phone813-4316-2000
Debt
Debt-to-Equity RatioN/A
Current Ratio1.67
Quick Ratio1.64
Price-To-Earnings
Trailing P/E Ratio136.87
Forward P/E Ratio121.09
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.60 billion
Price / Sales6.14
Cash Flow$0.5457 per share
Price / Cash75.45
Book Value$7.09 per share
Price / Book5.81
Profitability
EPS (Most Recent Fiscal Year)$0.30
Net Income$71.89 million
Net Margins0.36%
Return on Equity0.06%
Return on Assets0.04%
Miscellaneous
Employees4,345
Outstanding Shares238,520,000
Market Cap$10.25 billion
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."
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 3 sell ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Line.
Are investors shorting Line?
Line saw a increase in short interest in the month of July. As of July 13th, there was short interest totalling 905,305 shares, an increase of 51.9% from the June 29th total of 596,083 shares. Based on an average daily trading volume, of 150,642 shares, the days-to-cover ratio is presently 6.0 days. View Line's Current Options Chain.
Who are some of Line's key competitors?
Some companies that are related to Line include Red Hat (RHT), Twitter (TWTR), IHS Markit (INFO), Weibo (WB), Snap (SNAP), Match Group (MTCH), Yandex (YNDX), 58.com (WUBA), FactSet Research Systems (FDS), Tripadvisor Inc Common Stock (TRIP), Stars Group (TSG), Sabre (SABR), Trade Desk (TTD), Wix.Com (WIX) and InterXion (INXN).
Who are Line's key executives?
Line's management team includes the folowing people:
- Mr. Takeshi Idezawa, Pres, CEO & Representative Director (Age 45)
- Mr. In-Joon Hwang, CFO & Director (Age 53)
- Mr. Jun Masuda, Chief Strategy & Marketing Officer and Director (Age 40)
- Mr. Jungho Shin, Director & Chief Service Officer (Age 45)
- Kokan Ki, Head of Fin. and Accounting (Age 42)
When did Line IPO?
(LN) raised $928 million in an initial public offering (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.
Has Line been receiving favorable news coverage?
News stories about LN stock have trended somewhat positive on Thursday, according to Accern Sentiment. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Line earned a media and rumor sentiment score of 0.13 on Accern's scale. They also assigned news articles about the technology company an impact score of 46.84 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Line.
Who are Line's major shareholders?
Line's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Hillhouse Capital Management Ltd. (0.51%), ANTIPODES PARTNERS Ltd (0.15%), Jane Street Group LLC (0.05%), Aperio Group LLC (0.04%), CIBC Private Wealth Group LLC (0.04%) and Renaissance Technologies LLC (0.03%).
Which institutional investors are selling Line stock?
LN stock was sold by a variety of institutional investors in the last quarter, including World Asset Management Inc.
Which institutional investors are buying Line stock?
LN stock was acquired by a variety of institutional investors in the last quarter, including Hillhouse Capital Management Ltd., Jane Street Group LLC, OLD Mission Capital LLC, Aperio Group LLC, CIBC Private Wealth Group LLC, ANTIPODES PARTNERS Ltd, Renaissance Technologies LLC and Eqis Capital Management Inc..
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 $41.11.
How big of a company is Line?
Line has a market capitalization of $10.25 billion and generates $1.60 billion in revenue each year. The technology company earns $71.89 million in net income (profit) each year or $0.30 on an earnings per share basis. Line employs 4,345 workers across the globe.
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)
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.
