Uncovering Key Facts About LPL Financial

By Harris Dyer • Wednesday, August 13 15:23 • Permanent Link

LPL Financial sank -5.8% today, compared to the S&P 500's day change of 0.0%. Today's losers may turn out to be tomorrow's winners, so be sure to check the stock's fundamentals before making an investment decision:

LPL Financial has moved 72.4% over the last year, and the S&P 500 logged a change of 18.2%
LPLA has an average analyst rating of buy and is -20.31% away from its mean target price of $441.5 per share
Its trailing earnings per share (EPS) is $14.6
LPL Financial has a trailing 12 month Price to Earnings (P/E) ratio of 24.1 while the S&P 500 average is 29.3
Its forward earnings per share (EPS) is $18.58 and its forward P/E ratio is 18.9
The company has a Price to Book (P/B) ratio of 5.55 in contrast to the S&P 500's average ratio of 4.74
LPL Financial is part of the Finance sector, which has an average P/E ratio of 15.92 and an average P/B of 1.78
LPLA has reported YOY quarterly earnings growth of 5.3% and gross profit margins of 0.3%
LPL Financial Holdings Inc., together with its subsidiaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at institutions in the United States. The company's brokerage offerings include variable and fixed annuities, mutual funds, equities, fixed income, alternative investments, retirement and 529 education savings plans, and insurance; and client cash programs consist of Federal Deposit Insurance Corporation (FDIC) insured bank sweep vehicles, and a client cash and money market account. It also provides fee-based platforms that provide access to mutual funds, exchange traded funds, stocks, bonds, certain options strategies, unit investment trusts, institutional money managers, and no-load multi-manager variable annuities. In addition, the company offers retirement solutions for commission and fee-based services that allow advisors to provide brokerage services, consultation, and advice to retirement plan sponsors. Further, it provides other services comprising tools and services that enable advisors to maintain and grow their practices; trust, investment management oversight, and custodial services for estates and families; an advisor-facing trading and portfolio rebalancing platform; insurance brokerage general agency services; and technology products, such as proposal generation, investment analytics, and portfolio modeling. The company was formerly known as LPL Investment Holdings Inc. and changed its name to LPL Financial Holdings Inc. in June 2012. LPL Financial Holdings Inc. was founded in 1989 and is based in San Diego, California.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.