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The price of LPL Financial Holdings Inc (NASDAQ: LPLA) closed at $262.22 in the last session, up 2.92% from day before closing price of $254.78. In other words, the price has increased by $2.92 from its previous closing price. On the day, 0.97 million shares were traded. LPLA stock price reached its highest trading level at $262.69 during the session, while it also had its lowest trading level at $255.1.
Ratios:
We take a closer look at LPLA’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 130.50. In the meantime, Its Debt-to-Equity ratio is 1.94 whereas as Long-Term Debt/Eq ratio is at 1.86.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on October 09, 2024, Upgraded its rating to Overweight and sets its target price to $285 from $235 previously.
On September 12, 2024, Wells Fargo started tracking the stock assigning a Equal Weight rating and target price of $235.
BofA Securities Upgraded its Neutral to Buy on July 30, 2024, while the target price for the stock was maintained at $268.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 14 ’24 when Arnold Dan H. sold 5,677 shares for $277.31 per share. The transaction valued at 1,574,289 led to the insider holds 142,608 shares of the business.
Sethi Kabir sold 1,300 shares of LPLA for $346,451 on Feb 26 ’24. The Managing Director now owns 10,245 shares after completing the transaction at $266.50 per share. On Feb 26 ’24, another insider, Gates Greg, who serves as the Managing Director of the company, sold 11,401 shares for $266.27 each. As a result, the insider received 3,035,697 and left with 19,080 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LPLA now has a Market Capitalization of 19604326400 and an Enterprise Value of 22906359808. As of this moment, LPL’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.46, and their Forward P/E ratio for the next fiscal year is 14.02. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.65. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.79 while its Price-to-Book (P/B) ratio in mrq is 7.79. Its current Enterprise Value per Revenue stands at 2.096 whereas that against EBITDA is 11.268.
Stock Price History:
Over the past 52 weeks, LPLA has reached a high of $289.88, while it has fallen to a 52-week low of $187.19. The 50-Day Moving Average of the stock is 17.13%, while the 200-Day Moving Average is calculated to be 5.18%.
Shares Statistics:
According to the various share statistics, LPLA traded on average about 1.11M shares per day over the past 3-months and 799600 shares per day over the past 10 days. A total of 74.66M shares are outstanding, with a floating share count of 74.19M. Insiders hold about 0.77% of the company’s shares, while institutions hold 97.01% stake in the company. Shares short for LPLA as of 1727654400 were 1180736 with a Short Ratio of 1.06, compared to 1724976000 on 1375960. Therefore, it implies a Short% of Shares Outstanding of 1180736 and a Short% of Float of 1.6.
Dividends & Splits
The forward annual dividend rate for LPLA is 1.20, which was 1.2 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.004709946The stock’s 5-year Average Dividend Yield is 0.73.
