LPL Financial Holdings Inc. (NASDAQ:LPLA) went up by 1.15% during the previous trading session, and it is maintaining the win ahead of Tuesday’s trading session. The share price of the Capital Markets giant went up by $81.91 to trade ended Tuesday trading at $80.98. This is up from the $80.98 price recorded on Monday’s trading session. Thanks to this latest performance, LPLA is closer to the higher price 52-week target of $100.00 and further from the lowest price target of $66.00. Its performance from the start of the year has also been negative, with LPLA down by -11.21% year-to-date.
LPL Financial Holdings Inc. (LPLA) started the day trading at $84.03 and recorded an intraday high of $84.34. It also recorded an intraday low of $80.25 during Tuesday’s trading session. LPL Financial Holdings Inc. is a very active stock that recorded a trading volume that is less than -90.32% of the average daily trading volume on Tuesday. The stock’s trading volume on Tuesday was 546443, which is less than -90.32 of the total average daily trading volume of 1.04 million.
LPL Financial Holdings Inc. (NASDAQ:LPLA) 2020 Performance Impressive
The increase in LPLA’s stock price on Tuesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of LPLA currently stands at $99.60, which is higher than the current trading price of the stock by 17.76%. However, LPLA’s current trading price is -155.89% lower than the 52-week low price of $32.01. In terms of trading volume, LPL Financial Holdings Inc. currently experienced healthy participation during the last trading session. 546443 shares of LPL Financial Holdings Inc. were traded on the stock exchange on Tuesday, which is less than -90.32% of the 1.04 million average trading volume of the stock.
The performance of the stock has been positive over the past year. LPLA’s performance over the past one year has seen it plunge by -0.84%, while the stock has gone down by -11.83% in the last six months. The quarterly performance of LPLA currently stands at 64.31%, and it is up by 30.53% in the last month. The only negative figure was from the weekly performance, which currently reads -4.24%. At the time of writing LPLA’s report, the company has a total market cap of $6.18B, making it one of the largest publicly-traded companies in the world.LPL Financial Holdings Inc. also has over 4350 employees all over the world.
LPLA Insider Activities
For LPL Financial Holdings Inc., insiders hold 96.20% of all company shares. The insider transactions over the past six months are up by 31.30%. During that period, insiders bought 278,373 shares in 43 transactions. In that same period, insiders sold 185,109 of their shares in 36 transactions. After these transactions, insiders at LPL Financial Holdings Inc. now hold 661.6k shares, which is over 97.05% of the total company stocks. Institutional investors currently hold a large chunk of the LPLA shares, as they control 0.84% of the company’s total stock.
LPLA Fundamental Analysis
For LPL Financial Holdings Inc., the stock’s diluted earnings per share (EPS) stands at 6.74. In the coming year, analysts expect the EPS to be 5.92. The stock’s EPS growth this year is 36.40%, with analysts expecting almost a 1 growth in the earnings per share next week. In terms of revenue, LPL Financial Holdings Inc.’s quarterly sales (YOY) is growing at 1.39, which is lower than the average annual revenue of 30.40% over the past half a decade.
The Return on Investment (ROI) on LPL Financial Holdings Inc.’s stock currently stands at 18.40%, and it has a net profit margin of 9.80%. The operating margin of the company is 15.30%, and its gross margin is 98.90%.
LPLA Analysts Prediction
In June 15, 2020, several analysts reiterated their positions on the LPL Financial Holdings Inc. stock and predicted its performance to their investors. The analysts at Citigroup believe LPLA is still a Buy and set the price target between $95 and $100. Citigroup reiterate their Buy position on the stock ($79 and $65)
Analysts at Citigroup believe that LPLA is Neutral, and they have a price target of between $110 and $79. Jefferies and Citigroup also believe that LPL Financial Holdings Inc.’s stock is outperforming at the moment.
At the moment, LPL Financial Holdings Inc.’s Total Debt to Equity ratio stands at 2.69, and they have a long-term Debt to Equity ratio of 2.55.
LPLA Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of LPLA currently stands at 8.41%, while the SMA50 is 26.48%. The biggest one is the SMA200, which is currently reading 4.96% ahead of Tuesday’s trading session. The Relative Strength Index of this stock is 64.54, while its price to earnings ratio (P/E) is 12.15.