With 0.84 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.59 million shares. The 52-week range on LPLA shows that it touched its highest point at $384.04 and its lowest point at $187.19 during that stretch. It currently has a 1-year price target of $417.40. With its current market cap of 27.01 billion, LPLA has annualized dividend of $1.20 while the current yield stands at 0.33%. Beta for the stock currently stands at 0.83.
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 down-trending over the past week, with a drop of -5.51%, but this was up by 2.68% over a month. Three-month performance surged to 12.05% while six-month performance rose 61.83%. The stock gained 37.53% in the past year, while it has gained 10.93% so far this year. A look at the trailing 12-month EPS for LPLA yields 14.03 with Next year EPS estimates of 23.96. For the next quarter, that number is 4.79. This implies an EPS growth rate of 20.96% for this year and 19.97% for next year. EPS is expected to grow by 20.63% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 16.23%.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $16.33004 being high and $16.07958 being low. For LPLA, this leads to a yearly average estimate of $16.1998. Based on analyst estimates, the high estimate for the next quarter is $5.3 and the low estimate is $4.43. The average estimate for the next quarter is thus $4.85.
