LPL Financial Holdings Inc [LPLA] stock is trading at $220.83, up 4.12%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LPLA shares have gain 6.69% over the last week, with a monthly amount glided 0.69%, 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 September 12, 2024, when Wells Fargo initiated its Equal Weight rating and assigned the stock a price target of $235. Previously, BofA Securities upgraded its rating to Buy on July 30, 2024, and kept the price target unchanged to $268. On April 09, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $315 on the stock. Raymond James started tracking the stock assigning a Underperform rating. TD Cowen initiated its recommendation with a Market Perform and recommended $224 as its price target on January 04, 2024. Redburn Atlantic started tracking with a Neutral rating for this stock on December 01, 2023, and assigned it a price target of $240. In a note dated September 07, 2023, Barclays initiated an Overweight rating and provided a target price of $275 on this stock.
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 $220.83 at the most recent close of the market. An investor can expect a potential return of 19.95% 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 0.23. 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 215.61 points at the first support level, and at 210.39 for the second support level. However, for the 1st resistance point, the stock is sitting at 224.09, and for the 2nd resistance point, it is at 227.35.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 1.51, the price to book ratio is 6.56 and price to earnings (TTM) ratio is 17.23.
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.
