Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate LPL Financial Holdings Inc before investing.

In this article, we go over a few key elements for understanding LPL Financial Holdings Inc’s stock price such as:

• LPL Financial Holdings Inc’s current stock price and volume
• Why LPL Financial Holdings Inc’s stock price changed recently
• Upgrades and downgrades for LPLA from analysts
• LPLA’s stock price momentum as measured by its relative strength

About LPL Financial Holdings Inc (LPLA)

Before we jump into LPL Financial Holdings Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

LPL Financial Holdings Inc. is an independent broker-dealer and an investment advisory firm company. The Company offers an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at enterprises (collectively, advisors) in the United States. Through its comprehensive platform, it offers integrated technology solutions; brokerage and advisory platforms; clearing, compliance, business and planning and advice services; consultative practice management programs and training, and in-house research. Through its custody and clearing platform, using both proprietary and third-party technology, the Company offers access to diversified financial products and services, enabling its advisors to offer personalized financial advice and brokerage services to retail investors. Its products include alternative investments, annuities, exchange-traded products, insurance-based products, mutual funds, and retirement plan products.

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LPL Financial Holdings Inc’s Stock Price as of Market Close

As of July 17, 2024, 4:00 PM, CST, LPL Financial Holdings Inc’s stock price was $226.10.

LPL Financial Holdings Inc is down 5.65% from its previous closing price of $239.63.

During the last market session, LPL Financial Holdings Inc’s stock traded between $239.34 and $263.57. Currently, there are 74.56 million shares of LPL Financial Holdings Inc stock available for purchase.

LPL Financial Holdings Inc’s price-earnings (P/E) ratio is currently at 18.1, which is low compared to the Investment Banking & Brokerage Services industry median of 18.5. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

LPL Financial Holdings Inc Stock Price History

LPL Financial Holdings Inc’s (LPLA) price is currently down 19.05% so far this month.

During the month of July, LPL Financial Holdings Inc’s stock price has reached a high of $284.59 and a low of $219.09.

Over the last year, LPL Financial Holdings Inc has hit prices as high as $289.88 and as low as $200.18. Year to date, LPL Financial Holdings Inc’s stock is up 4.59%.

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What Caused LPL Financial Holdings Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 16, 2024, there were 7 analysts who downgraded LPL Financial Holdings Inc’s stock and 5 analysts who upgraded over the last month.

Additionally, you'll want to evaluate LPL Financial Holdings Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on LPL Financial Holdings Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

LPL Financial Holdings Inc’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about LPL Financial Holdings Inc (LPLA) by visiting AAII Stock Evaluator.

Relative Price Strength of LPL Financial Holdings Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 16, 2024, LPL Financial Holdings Inc has a weighted four-quarter relative price strength of -6.43%, which translates to a Momentum Score of 42 and is considered to be Average.

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LPL Financial Holdings Inc Stock Price: Bottom Line

As of July 17, 2024, LPL Financial Holdings Inc’s stock price is $226.10, which is down 5.65% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like LPL Financial Holdings Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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