Analysts predict LPL Financial Holdings Inc (LPLA) stock to reach $290.17 in the next 12 months

LPL Financial Holdings Inc [LPLA] stock is trading at $322.06, down -2.23%. 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 lost -2.56% over the last week, with a monthly amount glided 2.32%, 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 October 09, 2024, when Wells Fargo upgraded its rating to a Overweight and also boosted its price target to $285 from $235. Previously, Wells Fargo started tracking the stock with Equal Weight rating on September 12, 2024, and set its price target to $235. On July 30, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $268 on the stock. Morgan Stanley upgraded its rating to a Overweight and increased its price target to $315 on April 09, 2024. Raymond James initiated its recommendation with a Underperform. TD Cowen started tracking with a Market Perform rating for this stock on January 04, 2024, and assigned it a price target of $224. In a note dated December 01, 2023, Redburn Atlantic initiated an Neutral rating and provided a target price of $240 on this stock.

LPL Financial Holdings Inc [LPLA] stock has fluctuated between $187.19 and $334.38 over the past year. Currently, Wall Street analysts expect the stock to reach $290.17 within the next 12 months. LPL Financial Holdings Inc [NASDAQ: LPLA] shares were valued at $322.06 at the most recent close of the market. An investor can expect a potential drop of -9.9% based on the average LPLA price forecast.

Analyzing the LPLA fundamentals

LPL Financial Holdings Inc [NASDAQ:LPLA] reported sales of 11.52B for the trailing twelve months, which represents a growth of 23.23%. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.17%, 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 0.42 and Total Capital is 0.23. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.6.

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 317.44 points at the first support level, and at 312.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 329.97, and for the 2nd resistance point, it is at 337.88.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 2.09, the price to book ratio is 8.69 and price to earnings (TTM) ratio is 24.23.

Transactions by insiders

Recent insider trading involved Arnold Dan H., Former Officer, that happened on Dec 18 ’24 when 100.0 shares were purchased. Managing Director, Jambusaria Aneri completed a deal on Dec 05 ’24 to sell 305.0 shares. Meanwhile, Officer Jambusaria Aneri bought 305.0 shares on Dec 05 ’24.

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