Currently, there are 79.98M common shares owned by the public and among those 79.34M shares have been available to trade.
The company’s stock has a 5-day price change of -3.15% and -0.46% over the past three months. LPLA shares are trading 14.09% year to date (YTD), with the 12-month market performance up to 38.14% higher. It has a 12-month low price of $187.19 and touched a high of $390.23 over the same period. LPLA has an average intraday trading volume of 959.43K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 4.64%, 11.79%, and 22.73% respectively.
Institutional ownership of LPL Financial Holdings Inc (NASDAQ: LPLA) shares accounts for 97.95% of the company’s 79.98M shares outstanding.
It has a market capitalization of $29.79B and a beta (3y monthly) value of 0.64. The stock’s trailing 12-month PE ratio is 25.78, while the earnings-per-share (ttm) stands at $14.45. The company has a PEG of 1.35 and the debt-to-equity ratio at 2.00. Price movements for the stock have been influenced by the stock’s volatility, which stands at 0.74% over the week and 1.88% over the month.
Earnings per share for the fiscal year are expected to increase by 16.01%, and 17.32% over the next financial year. EPS should grow at an annualized rate of 19.09% over the next five years, compared to 16.23% 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.
