With 0.53 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.8 million shares. During the session, the Capital Markets company that operates in wider Financial sector, reached to the highest price of $327.515 whereas the lowest price it dropped to was $322.75. The 52-week range on LPLA shows that it touched its highest point at $326.76 and its lowest point at $187.19 during that stretch. It currently has a 1-year price target of $306.87. With its current market cap of 24.75 billion, LPLA has annualized dividend of $1.20 while the current yield stands at 0.37%. LPLA paid its most recent dividend on 1731542400, while the ex-dividend date for that was 1731542400. Beta for the stock currently stands at 0.86.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LPLA was up-trending over the past week, with a rise of 4.09%, but this was up by 24.73% over a month. Three-month performance surged to 45.05% while six-month performance rose 14.93%. The stock gained 44.41% in the past year, while it has gained 43.59% so far this year. A look at the trailing 12-month EPS for LPLA yields 13.29 with Next year EPS estimates of 18.99. For the next quarter, that number is 3.97. This implies an EPS growth rate of 2.82% for this year and 17.50% for next year. EPS is expected to grow by 12.36% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 23.07%.
Float and Shares Shorts:
At present, 74.66 million LPLA shares are outstanding with a float of 74.30 million shares on hand for trading. On 2024-10-31, short shares totaled 0.91 million, which was 121.0 higher than short shares on 1727654400. In addition to Mr. Richard Steinmeier as the firm’s CEO, MD, Chief Growth Officer & Director, Mr. Matthew Jon Audette B.S. serves as its President, CFO & Head of Business Operations.
Institutional Ownership:
Through their ownership of 0.97412 of LPLA’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, LPLA reported revenue of $3108394000.0 and operating income of $415127000.0. The EBITDA in the recently reported quarter was $525926000.0 and diluted EPS was $3.39.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LPLA since 10 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With LPLA analysts setting a high price target of 400.0 and a low target of 245.0, the average target price over the next 12 months is 309.13333. Based on these targets, LPLA could surge 22.38% to reach the target high and fall by -25.04% to reach the target low. Reaching the average price target will result in a decline of -5.42% from current levels.
Analysts have provided yearly estimates in a range of $16.5048 being high and $15.8422 being low. For LPLA, this leads to a yearly average estimate of $16.16346. The surprise factor in the prior quarter was $3.73. Based on analyst estimates, the high estimate for the next quarter is $5.3 and the low estimate is $4.3. The average estimate for the next quarter is thus $4.61.
