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As of close of business last night, LPL Financial Holdings Inc’s stock clocked out at $243.36, down -1.00% from its previous closing price of $245.83. In other words, the price has decreased by -$1.00 from its previous closing price. On the day, 0.76 million shares were traded. LPLA stock price reached its highest trading level at $249.0 during the session, while it also had its lowest trading level at $243.16.
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 6.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 121.11. 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:
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 18194298880 and an Enterprise Value of 21681098752. As of this moment, LPL’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.99, and their Forward P/E ratio for the next fiscal year is 12.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.66 while its Price-to-Book (P/B) ratio in mrq is 7.23. Its current Enterprise Value per Revenue stands at 1.984 whereas that against EBITDA is 10.665.
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 11.43%, while the 200-Day Moving Average is calculated to be -2.14%.
Shares Statistics:
It appears that LPLA traded 1.15M shares on average per day over the past three months and 860140 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 97.05% stake in the company. Shares short for LPLA as of 1727654400 were 1180736 with a Short Ratio of 1.03, 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
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 0.0048814225The stock’s 5-year Average Dividend Yield is 0.73.