LPL Financial Holdings Inc [LPLA] stock is trading at $227.21, up 0.83%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The LPLA shares have gain 3.60% over the last week, with a monthly amount glided 5.43%, and 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 July 30, 2024, when BofA Securities upgraded its rating to a Buy but kept the price target unchanged to $268 for it. Previously, Morgan Stanley upgraded its rating to Overweight on April 09, 2024, and elevated its price target to $315. On April 04, 2024, Raymond James initiated with a Underperform rating. TD Cowen started tracking the stock assigning a Market Perform rating and suggested a price target of $224 on January 04, 2024. Redburn Atlantic initiated its recommendation with a Neutral and recommended $240 as its price target on December 01, 2023. Barclays started tracking with a Overweight rating for this stock on September 07, 2023, and assigned it a price target of $275. In a note dated April 03, 2023, Credit Suisse downgraded an Neutral rating on this stock and revised its target price from $245 to $205.
LPL Financial Holdings Inc [LPLA] stock has fluctuated between $187.19 and $289.88 over the past year. Currently, Wall Street analysts expect the stock to reach $264.88 within the next 12 months. LPL Financial Holdings Inc [NASDAQ: LPLA] shares were valued at $227.21 at the most recent close of the market. An investor can expect a potential return of 16.58% based on the average LPLA price forecast.
Analyzing the LPLA fundamentals
LPL Financial Holdings Inc [NASDAQ:LPLA] reported sales of 10.93B for the trailing twelve months, which represents a growth of 18.75%. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.44 and Total Capital is 0.18. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.85.
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 224.88 points at the first support level, and at 222.54 for the second support level. However, for the 1st resistance point, the stock is sitting at 228.80, and for the 2nd resistance point, it is at 230.39.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 1.55, the price to book ratio is 6.75 and price to earnings (TTM) ratio is 17.73.
Transactions by insiders
Recent insider trading involved Arnold Dan H., President & CEO, that happened on Jun 14 ’24 when 5677.0 shares were sold. Managing Director, Sethi Kabir completed a deal on Feb 26 ’24 to sell 1300.0 shares. Meanwhile, Managing Director Gates Greg sold 11401.0 shares on Feb 26 ’24.
