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Lamar Advertising Co (NASDAQ: LAMR) closed the day trading at $117.53 down -0.03% from the previous closing price of $117.57. In other words, the price has decreased by -$0.03 from its previous closing price. On the day, 0.55 million shares were traded. LAMR stock price reached its highest trading level at $119.75 during the session, while it also had its lowest trading level at $117.31.
Ratios:
For a better understanding of LAMR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 330.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.38. In the meantime, Its Debt-to-Equity ratio is 3.94 whereas as Long-Term Debt/Eq ratio is at 3.29.
On July 07, 2022, Citigroup Upgraded its rating to Buy which previously was Neutral and also lowered its target price recommendation from $112 to $108.
Morgan Stanley Downgraded its Overweight to Equal-Weight on June 10, 2022, whereas the target price for the stock was revised from $135 to $103.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 10 ’24 when KOERNER JOHN E III sold 17,000 shares for $120.05 per share. The transaction valued at 2,040,866 led to the insider holds 32,178 shares of the business.
Johnson Jay LeCoryelle sold 5,000 shares of LAMR for $594,862 on Mar 07 ’24. The CFO, Treasurer, EVP now owns 10,000 shares after completing the transaction at $118.97 per share. On Sep 05 ’23, another insider, Johnson Jay LeCoryelle, who serves as the CFO, Treasurer, EVP of the company, sold 5,000 shares for $89.50 each. As a result, the insider received 447,496 and left with 15,000 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, LAMR now has a Market Capitalization of 12016385024 and an Enterprise Value of 16639133696. As of this moment, Lamar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.14, and their Forward P/E ratio for the next fiscal year is 20.51. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.62 while its Price-to-Book (P/B) ratio in mrq is 10.16. Its current Enterprise Value per Revenue stands at 7.773 whereas that against EBITDA is 17.07.
Stock Price History:
The Beta on a monthly basis for LAMR is 1.53, which has changed by 0.15713298 over the last 52 weeks, in comparison to a change of 0.23951602 over the same period for the S&P500. Over the past 52 weeks, LAMR has reached a high of $122.22, while it has fallen to a 52-week low of $77.21. The 50-Day Moving Average of the stock is -0.23%, while the 200-Day Moving Average is calculated to be 10.50%.
Shares Statistics:
Over the past 3-months, LAMR traded about 379.24K shares per day on average, while over the past 10 days, LAMR traded about 427870 shares per day. A total of 87.65M shares are outstanding, with a floating share count of 87.08M. Insiders hold about 14.83% of the company’s shares, while institutions hold 80.62% stake in the company. Shares short for LAMR as of 1718323200 were 2316549 with a Short Ratio of 7.03, compared to 1715731200 on 2246827. Therefore, it implies a Short% of Shares Outstanding of 2316549 and a Short% of Float of 3.1199999999999997.
Dividends & Splits
LAMR’s forward annual dividend rate is 5.10, up from 5.05 a year ago. Against a Trailing Annual Dividend Yield of 0.042953137The stock’s 5-year Average Dividend Yield is 4.27. The current Payout Ratio is 103.05% for LAMR, which recently paid a dividend on 2024-06-17 with an ex-dividend date of 1718582400. Stock splits for the company last occurred on 1998-03-02 when the company split stock in a 3:2 ratio.
