With 0.96 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.64 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 25.77 billion, LPLA has annualized dividend of $1.20 while the current yield stands at 0.35%. Beta for the stock currently stands at 0.61.
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 -4.73%, but this was down by -5.24% over a month. Three-month performance surged to 6.13% while six-month performance rose 53.82%. The stock gained 29.61% in the past year, while it has gained 5.69% 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%.
Float and Shares Shorts:
At present, 74.66 million LPLA shares are outstanding with a float of 74.09 million shares on hand for trading.
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.
Summary of Insider Activity:
Insiders traded LPLA stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
