Lamar Advertising Stock Price on May 2, 2024

LAMR Stock  USD 129.42  2.18  1.66%   
Below is the normalized historical share price chart for Lamar Advertising extending back to August 02, 1996. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Lamar Advertising stands at 129.42, as last reported on the 11th of December 2024, with the highest price reaching 129.42 and the lowest price hitting 129.42 during the day.
IPO Date
2nd of August 1996
200 Day MA
122.0595
50 Day MA
132.418
Beta
1.543
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Lamar Stock, it is important to understand the factors that can impact its price. Currently, Lamar Advertising is very steady. Lamar Advertising has Sharpe Ratio of 0.0418, which conveys that the firm had a 0.0418% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Lamar Advertising, which you can use to evaluate the volatility of the firm. Please verify Lamar Advertising's Mean Deviation of 0.8309, downside deviation of 1.15, and Risk Adjusted Performance of 0.0683 to check out if the risk estimate we provide is consistent with the expected return of 0.0476%.
  
At this time, Lamar Advertising's Other Stockholder Equity is relatively stable compared to the past year. As of 12/11/2024, Issuance Of Capital Stock is likely to grow to about 22.7 M, while Common Stock Shares Outstanding is likely to drop slightly above 98.7 M. . At this time, Lamar Advertising's Price To Sales Ratio is relatively stable compared to the past year. As of 12/11/2024, Price Book Value Ratio is likely to grow to 9.35, while Price Earnings To Growth Ratio is likely to drop 1.63. Lamar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0418

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Estimated Market Risk

 1.14
  actual daily
10
90% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average Lamar Advertising is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Lamar Advertising by adding it to a well-diversified portfolio.
Price Book
11.1113
Enterprise Value Ebitda
18.1373
Price Sales
6.0547
Shares Float
87.1 M
Dividend Share
5.25

Lamar Advertising Valuation on May 2, 2024

It is possible to determine the worth of Lamar Advertising on a given historical date. On May 2, 2024 Lamar was worth 115.34 at the beginning of the trading date compared to the closed value of 116.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lamar Advertising stock. Still, in general, we apply an absolute valuation method to find Lamar Advertising's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Lamar Advertising where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lamar Advertising's related companies.
 Open High Low Close Volume
  113.38    117.45    112.74    114.91    876,397  
05/02/2024
  115.34    117.24    112.24    116.07    1,192,825  
  116.81    117.36    111.94    112.55    641,317  
Backtest Lamar Advertising  |  Lamar Advertising History  |  Lamar Advertising Valuation   PreviousNext  
Open Value
115.34
111.93
Downside
116.07
Closing Value
118.75
Upside

Lamar Advertising Trading Date Momentum on May 2, 2024

On May 03 2024 Lamar Advertising was traded for  112.55  at the closing time. The top price for the day was 117.36  and the lowest listed price was  111.94 . The trading volume for the day was 641.3 K. The trading history from May 3, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 3.03% . The trading delta at closing time against the current closing price is 1.52% .

Lamar Advertising Fundamentals Correlations and Trends

By evaluating Lamar Advertising's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Lamar Advertising's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lamar financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Lamar Advertising Stock history

Lamar Advertising investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Lamar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lamar Advertising will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Lamar Advertising stock prices may prove useful in developing a viable investing in Lamar Advertising
Last ReportedProjected for Next Year
Common Stock Shares Outstanding102.1 M98.7 M
Net Income Applicable To Common Shares504 M529.2 M

Lamar Advertising Stock Technical Analysis

Lamar Advertising technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Lamar Advertising technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Lamar Advertising trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Lamar Advertising Period Price Range

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Lamar Advertising cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Lamar Advertising December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Lamar Advertising stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lamar Advertising shares will generate the highest return on investment. By undertsting and applying Lamar Advertising stock market strength indicators, traders can identify Lamar Advertising entry and exit signals to maximize returns

Lamar Advertising Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Lamar Advertising's price direction in advance. Along with the technical and fundamental analysis of Lamar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lamar to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Lamar Stock Analysis

When running Lamar Advertising's price analysis, check to measure Lamar Advertising's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lamar Advertising is operating at the current time. Most of Lamar Advertising's value examination focuses on studying past and present price action to predict the probability of Lamar Advertising's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lamar Advertising's price. Additionally, you may evaluate how the addition of Lamar Advertising to your portfolios can decrease your overall portfolio volatility.