LPL Financial Holdings Inc (LPLA) stock expected to loss -10.39% in the coming months

LPL Financial Holdings Inc [LPLA] stock is trading at $263.00, up 0.72%. An important factor to consider is whether the stock is rising or falling in short-term value. The LPLA shares have gain 0.65% over the last week, with a monthly amount drifted -0.47%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

LPL Financial Holdings Inc [NASDAQ: LPLA] stock has seen the most recent analyst activity on April 09, 2024, when Morgan Stanley upgraded its rating to a Overweight and also boosted its price target to $315 from $254. On January 04, 2024, TD Cowen initiated with a Market Perform rating and assigned a price target of $224 on the stock. Redburn Atlantic started tracking the stock assigning a Neutral rating and suggested a price target of $240 on December 01, 2023. Barclays initiated its recommendation with a Overweight and recommended $275 as its price target on September 07, 2023. Credit Suisse downgraded its rating to Neutral for this stock on April 03, 2023, and downed its price target to $205. In a note dated November 30, 2022, Morgan Stanley downgraded an Equal-Weight rating on this stock and revised its target price from $281 to $239.

LPL Financial Holdings Inc [LPLA] stock has fluctuated between $179.00 and $274.35 over the past year. Currently, Wall Street analysts expect the stock to reach $235.67 within the next 12 months. LPL Financial Holdings Inc [NASDAQ: LPLA] shares were valued at $263.00 at the most recent close of the market. An investor can expect a potential drop of -10.39% based on the average LPLA price forecast.

Analyzing the LPLA fundamentals

LPL Financial Holdings Inc [NASDAQ:LPLA] reported sales of 10.05B for the trailing twelve months, which represents a growth of 13.31%. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.5 and Total Capital is 0.23. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.82.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 260.60 points at the first support level, and at 258.20 for the second support level. However, for the 1st resistance point, the stock is sitting at 266.66, and for the 2nd resistance point, it is at 270.32.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 1.95, the price to book ratio is 9.44 and price to earnings (TTM) ratio is 19.27.

Transactions by insiders

Recent insider trading involved Arnold Dan H., President & CEO, that happened on Feb 26 ’24 when 34807.0 shares were sold. Managing Director, Gates Greg completed a deal on Feb 26 ’24 to sell 11401.0 shares. Meanwhile, CFO and Head of Business Ops Audette Matthew J sold 5574.0 shares on Feb 26 ’24.

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