A share price of Lamar Advertising Co [LAMR] is currently trading at $115.94, up 2.28%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LAMR shares have gain 1.72% over the last week, with a monthly amount drifted -4.94%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Lamar Advertising Co [NASDAQ: LAMR] stock has seen the most recent analyst activity on September 19, 2024, when Wells Fargo initiated its Equal Weight rating and assigned the stock a price target of $132. Previously, TD Cowen started tracking the stock with Buy rating on July 16, 2024, and set its price target to $135. On July 11, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $122 on the stock. Citigroup upgraded its rating to a Buy and decreased its price target to $108 on July 07, 2022. Morgan Stanley downgraded its rating to a Equal-Weight and reduced its price target to $103 on June 10, 2022. Wolfe Research started tracking with a Peer Perform rating for this stock on March 29, 2022, and assigned it a price target of $131. In a note dated November 02, 2020, Morgan Stanley upgraded an Overweight rating on this stock but restated the target price of $81.
Lamar Advertising Co experienced fluctuations in its stock price throughout the past year between $108.59 and $139.60. Currently, Wall Street analysts expect the stock to reach $103 within the next 12 months. Lamar Advertising Co [NASDAQ: LAMR] shares were valued at $115.94 at the most recent close of the market. An investor can expect a potential drop of -11.16% based on the average LAMR price forecast.
Analyzing the LAMR fundamentals
Trailing Twelve Months sales for Lamar Advertising Co [NASDAQ:LAMR] were 2.21B which represents 4.26% growth. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.31 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of4.35.
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 113.39 points at the first support level, and at 110.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 117.58, and for the 2nd resistance point, it is at 119.23.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 5.38, the price to book ratio is 11.34 and price to earnings (TTM) ratio is 32.90.
Transactions by insiders
Recent insider trading involved Fletcher Nancy, Director, that happened on Feb 24 ’25 when 235.0 shares were purchased. Director, KOERNER JOHN E III completed a deal on May 10 ’24 to sell 17000.0 shares.
