Currently, there are 74.81M common shares owned by the public and among those 74.30M shares have been available to trade.
The company’s stock has a 5-day price change of 5.61% and 36.95% over the past three months. LPLA shares are trading 6.87% year to date (YTD), with the 12-month market performance up to 49.06% higher. It has a 12-month low price of $187.19 and touched a high of $347.74 over the same period. LPLA has an average intraday trading volume of 595.71K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 4.86%, 7.29%, and 30.17% respectively.
Institutional ownership of LPL Financial Holdings Inc (NASDAQ: LPLA) shares accounts for 96.65% of the company’s 74.81M shares outstanding.
It has a market capitalization of $26.13B and a beta (3y monthly) value of 0.87. The stock’s trailing 12-month PE ratio is 26.25, while the earnings-per-share (ttm) stands at $13.29. The company has a PEG of 1.56 and the debt-to-equity ratio at 1.69. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.07% over the week and 2.21% over the month.
Earnings per share for the fiscal year are expected to increase by 3.05%, and 22.54% over the next financial year. EPS should shrink at an annualized rate of 16.80% over the next five years, compared to 23.07% over the past 5-year period.
Looking at the support for the LPLA, a number of firms have released research notes about the stock. JP Morgan stated their Overweight rating for the stock in a research note on January 07, 2025, with the firm’s price target at $288-$397. UBS coverage for the LPL Financial Holdings Inc (LPLA) stock in a research note released on January 06, 2025 offered a Buy rating with a price target of $390. TD Cowen was of a view on December 19, 2024 that the stock is Buy, while Wells Fargo gave the stock Overweight rating on October 09, 2024, issuing a price target of $235- $285. Wells Fargo on their part issued Equal Weight rating on September 12, 2024.
