1.94% volatility in Lamar Advertising Co (LAMR) last month: This is a red flag warning

On Friday, Lamar Advertising Co (NASDAQ: LAMR) opened higher 1.21% from the last session, before settling in for the closing price of $128.49. Price fluctuations for LAMR have ranged from $103.91 to $139.60 over the past 52 weeks.

Annual sales at Real Estate sector company grew by 5.24% over the past five years. Company’s average yearly earnings per share was noted 2.71% at the time writing. With a float of $87.21 million, this company’s outstanding shares have now reached $87.94 million.

Let’s look at the performance matrix of the company that is accounted for 3550 employees. In terms of profitability, gross margin is 56.68%, operating margin of 31.32%, and the pretax margin is 23.7%.

Lamar Advertising Co (LAMR) Insider Updates

A key investor’s attitude towards the stock of the REIT – Specialty industry is another important factor to consider. The insider ownership of Lamar Advertising Co is 14.80%, while institutional ownership is 83.36%. The most recent insider transaction that took place on May 10 ’24, was worth 2,040,866. In this transaction Director of this company sold 17,000 shares at a rate of $120.05, taking the stock ownership to the 32,178 shares. Before that another transaction happened on Mar 07 ’24, when Company’s CFO, Treasurer, EVP sold 5,000 for $118.97, making the entire transaction worth $594,862. This insider now owns 10,000 shares in total.

Lamar Advertising Co (LAMR) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.06 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 2.71% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.69% during the next five years compared to 9.54% growth over the previous five years of trading.

Lamar Advertising Co (NASDAQ: LAMR) Trading Performance Indicators

Check out the current performance indicators for Lamar Advertising Co (LAMR). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.10. Likewise, its price to free cash flow for the trailing twelve months is 18.48.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.00, a number that is poised to hit 1.45 in the next quarter and is forecasted to reach 5.76 in one year’s time.

Technical Analysis of Lamar Advertising Co (LAMR)

Lamar Advertising Co (NASDAQ: LAMR) saw its 5-day average volume 0.42 million, a negative change from its year-to-date volume of 0.42 million. As of the previous 9 days, the stock’s Stochastic %D was 73.81%. Additionally, its Average True Range was 2.45.

During the past 100 days, Lamar Advertising Co’s (LAMR) raw stochastic average was set at 55.87%, which indicates a significant decrease from 88.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.66% in the past 14 days, which was lower than the 19.14% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $125.52, while its 200-day Moving Average is $124.33. Nevertheless, the first resistance level for the watch stands at $131.04 in the near term. At $132.05, the stock is likely to face the second major resistance level. The third major resistance level sits at $133.10. If the price goes on to break the first support level at $128.98, it is likely to go to the next support level at $127.93. Assuming the price breaks the second support level, the third support level stands at $126.92.

Lamar Advertising Co (NASDAQ: LAMR) Key Stats

There are currently 102,358K shares outstanding in the company with a market cap of 13.31 billion. Presently, the company’s annual sales total 2,111 M according to its annual income of 495,760 K. Last quarter, the company’s sales amounted to 564,140 K and its income totaled 147,480 K.