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As of close of business last night, LPL Financial Holdings Inc’s stock clocked out at $235.84, up 2.06% from its previous closing price of $231.07. In other words, the price has increased by $2.06 from its previous closing price. On the day, 1.17 million shares were traded. LPLA stock price reached its highest trading level at $238.31 during the session, while it also had its lowest trading level at $229.21.
Ratios:
To gain a deeper understanding of LPLA’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 117.37. 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 this company, Wells Fargo on September 12, 2024, initiated with a Equal Weight rating and assigned the stock a target price of $235.
On July 30, 2024, BofA Securities Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $268.
Morgan Stanley Upgraded its Equal-Weight to Overweight on April 09, 2024, whereas the target price for the stock was revised from $254 to $315.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future 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 17632081920 and an Enterprise Value of 20934281216. As of this moment, LPL’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.40, and their Forward P/E ratio for the next fiscal year is 12.24. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.61 while its Price-to-Book (P/B) ratio in mrq is 7.01. Its current Enterprise Value per Revenue stands at 1.915 whereas that against EBITDA is 10.298.
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 8.98%, while the 200-Day Moving Average is calculated to be -4.93%.
Shares Statistics:
It appears that LPLA traded 1.12M shares on average per day over the past three months and 928000 shares per day over the past ten 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 1726185600 were 1289698 with a Short Ratio of 1.15, compared to 1723680000 on 1333432. Therefore, it implies a Short% of Shares Outstanding of 1289698 and a Short% of Float of 1.7399999999999998.
Dividends & Splits
With its trailing 12-month dividend rate of 1.2, LPLA has a forward annual dividend rate of 1.20. Against a Trailing Annual Dividend Yield of 0.0051932316The stock’s 5-year Average Dividend Yield is 0.73.
