LPL Financial Holdings Inc (NASDAQ: LPLA) kicked off on Friday, down -1.37% from the previous trading day, before settling in for the closing price of $262.22. Over the past 52 weeks, LPLA has traded in a range of $187.19-$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%. While this was happening, its average annual earnings per share was recorded 0.95%. With a float of $74.19 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
Our next focus will be how large-scale investors are participating in this stock of the Capital Markets Industry. The insider ownership of LPL Financial Holdings Inc is 0.77%, while institutional ownership is 96.62%. 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
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 3.74 earnings per share (EPS), higher than consensus estimate (set at 3.57) by 0.17. Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 0.95% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.39% 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
Take a look at LPL Financial Holdings Inc’s (LPLA) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.77. Likewise, its price to free cash flow for the trailing twelve months is 128.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 12.81, a number that is poised to hit 3.71 in the next quarter and is forecasted to reach 18.70 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 0.97 million was superior to 0.74 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 86.20%. Additionally, its Average True Range was 6.45.
During the past 100 days, LPL Financial Holdings Inc’s (LPLA) raw stochastic average was set at 69.56%, which indicates a significant decrease from 88.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.81% in the past 14 days, which was lower than the 38.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $225.07, while its 200-day Moving Average is $249.44. Now, the first resistance to watch is $261.93. This is followed by the second major resistance level at $265.24. The third major resistance level sits at $267.03. If the price goes on to break the first support level at $256.83, it is likely to go to the next support level at $255.04. The third support level lies at $251.73 if the price breaches the second support level.
LPL Financial Holdings Inc (NASDAQ: LPLA) Key Stats
The company with the Market Capitalisation of 19.33 billion has total of 74,709K Shares Outstanding. Its annual sales at the moment are 10,053 M in contrast with the sum of 1,066 M annual income. Company’s last quarter sales were recorded 2,932 M and last quarter income was 243,800 K.
