LPL Financial Holdings Inc (NASDAQ: LPLA) on Tuesday, plunged -0.34% from the previous trading day, before settling in for the closing price of $210.19. Within the past 52 weeks, LPLA’s price has moved between $187.19 and $289.88.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 14.51%. The company achieved an average annual earnings per share of 1.85%. With a float of $74.16 million, this company’s outstanding shares have now reached $74.66 million.
The extent of productivity of a business whose workforce counts for 8400 workers is very important to gauge. In terms of profitability, gross margin is 33.2%, operating margin of 17.56%, and the pretax margin is 12.04%.
LPL Financial Holdings Inc (LPLA) Insider and Institutional Ownership
Observing investor behavior towards Capital Markets industry stocks is more important than anything else. The insider ownership of LPL Financial Holdings Inc is 0.81%, while institutional ownership is 97.00%. The most recent insider transaction that took place on Jun 14 ’24, was worth 1,574,289. In this transaction President & CEO of this company sold 5,677 shares at a rate of $277.31, taking the stock ownership to the 142,608 shares. Before that another transaction happened on Feb 26 ’24, when Company’s Managing Director sold 1,300 for $266.50, making the entire transaction worth $346,451. This insider now owns 10,245 shares in total.
LPL Financial Holdings Inc (LPLA) Latest Financial update
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 3.74 earnings per share (EPS) for the period topping the consensus outlook (set at 3.57) by 0.17. Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.85% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.40% during the next five years compared to 23.07% growth over the previous five years of trading.
LPL Financial Holdings Inc (NASDAQ: LPLA) Trading Performance Indicators
LPL Financial Holdings Inc (LPLA) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.43. Likewise, its price to free cash flow for the trailing twelve months is 104.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 12.81, a number that is poised to hit 3.79 in the next quarter and is forecasted to reach 19.56 in one year’s time.
Technical Analysis of LPL Financial Holdings Inc (LPLA)
The latest stats from [LPL Financial Holdings Inc, LPLA] show that its last 5-days average volume of 0.86 million was superior to 0.71 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 13.79%. Additionally, its Average True Range was 6.65.
During the past 100 days, LPL Financial Holdings Inc’s (LPLA) raw stochastic average was set at 21.71%, which indicates a significant increase from 14.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.28% in the past 14 days, which was lower than the 37.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $227.32, while its 200-day Moving Average is $248.22. Now, the first resistance to watch is $212.13. This is followed by the second major resistance level at $214.79. The third major resistance level sits at $217.08. If the price goes on to break the first support level at $207.19, it is likely to go to the next support level at $204.90. The third support level lies at $202.24 if the price breaches the second support level.
LPL Financial Holdings Inc (NASDAQ: LPLA) Key Stats
Market capitalization of the company is 15.66 billion based on 74,709K outstanding shares. Right now, sales total 10,053 M and income totals 1,066 M. The company made 2,932 M in profit during its latest quarter, and 243,800 K in sales during its previous quarter.
