A share price of LPL Financial Holdings Inc [LPLA] is currently trading at $243.02, up 3.04%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The LPLA shares have gain 5.27% over the last week, with a monthly amount glided 12.58%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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 experienced fluctuations in its stock price throughout the past year between $187.19 and $289.88. Currently, Wall Street analysts expect the stock to reach $265.56 within the next 12 months. LPL Financial Holdings Inc [NASDAQ: LPLA] shares were valued at $243.02 at the most recent close of the market. An investor can expect a potential return of 9.27% based on the average LPLA price forecast.
Analyzing the LPLA fundamentals
Trailing Twelve Months sales for LPL Financial Holdings Inc [NASDAQ:LPLA] were 10.93B which represents 18.75% growth. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.85.
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 239.50 points at the first support level, and at 235.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 245.37, and for the 2nd resistance point, it is at 247.72.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 1.66, the price to book ratio is 7.22 and price to earnings (TTM) ratio is 18.96.
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.
