Lamar Advertising Stock Probability of Future Stock Price Finishing Over 64.84
LAMR Stock | USD 114.64 0.93 0.82% |
Closest to current price Lamar long CALL Option Payoff at Expiration
Lamar |
Lamar Advertising Target Price Odds to finish over 64.84
The tendency of Lamar Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current Price | Horizon | Target Price | Odds to stay above $ 64.84 in 90 days |
114.64 | 90 days | 64.84 | close to 99 |
Based on a normal probability distribution, the odds of Lamar Advertising to stay above $ 64.84 in 90 days from now is close to 99 (This Lamar Advertising probability density function shows the probability of Lamar Stock to fall within a particular range of prices over 90 days) . Probability of Lamar Advertising price to stay between $ 64.84 and its current price of $114.64 at the end of the 90-day period is about 76.84 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.67 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Lamar Advertising will likely underperform. Additionally Lamar Advertising has an alpha of 0.0279, implying that it can generate a 0.0279 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Lamar Advertising Price Density |
Price |
Predictive Modules for Lamar Advertising
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lamar Advertising. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lamar Advertising's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Lamar Advertising Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Lamar Advertising is not an exception. The market had few large corrections towards the Lamar Advertising's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Lamar Advertising, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lamar Advertising within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.03 | |
β | Beta against NYSE Composite | 1.67 | |
σ | Overall volatility | 5.28 | |
Ir | Information ratio | 0.05 |
Lamar Advertising Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Lamar Advertising for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Lamar Advertising can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.The company currently holds 4.64 B in liabilities with Debt to Equity (D/E) ratio of 3.59, implying the company greatly relies on financing operations through barrowing. Lamar Advertising has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Lamar Advertising until it has trouble settling it off, either with new capital or with free cash flow. So, Lamar Advertising's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Lamar Advertising sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Lamar to invest in growth at high rates of return. When we think about Lamar Advertising's use of debt, we should always consider it together with cash and equity. | |
Lamar Advertising has a strong financial position based on the latest SEC filings | |
Over 96.0% of Lamar Advertising shares are owned by institutional investors | |
On 28th of March 2024 Lamar Advertising paid $ 1.3 per share dividend to its current shareholders | |
Latest headline from zacks.com: Is it Wise to Retain Ventas Stock in Your Portfolio |
Lamar Advertising Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Lamar Stock often depends not only on the future outlook of the current and potential Lamar Advertising's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Lamar Advertising's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 102.1 M | |
Cash And Short Term Investments | 44.6 M |
Lamar Advertising Technical Analysis
Lamar Advertising's future price can be derived by breaking down and analyzing its technical indicators over time. Lamar Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lamar Advertising. In general, you should focus on analyzing Lamar Stock price patterns and their correlations with different microeconomic environments and drivers.
Lamar Advertising Predictive Forecast Models
Lamar Advertising's time-series forecasting models is one of many Lamar Advertising's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Lamar Advertising's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Lamar Advertising
Checking the ongoing alerts about Lamar Advertising for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lamar Advertising help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The company currently holds 4.64 B in liabilities with Debt to Equity (D/E) ratio of 3.59, implying the company greatly relies on financing operations through barrowing. Lamar Advertising has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Lamar Advertising until it has trouble settling it off, either with new capital or with free cash flow. So, Lamar Advertising's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Lamar Advertising sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Lamar to invest in growth at high rates of return. When we think about Lamar Advertising's use of debt, we should always consider it together with cash and equity. | |
Lamar Advertising has a strong financial position based on the latest SEC filings | |
Over 96.0% of Lamar Advertising shares are owned by institutional investors | |
On 28th of March 2024 Lamar Advertising paid $ 1.3 per share dividend to its current shareholders | |
Latest headline from zacks.com: Is it Wise to Retain Ventas Stock in Your Portfolio |
Check out Lamar Advertising Backtesting, Lamar Advertising Valuation, Lamar Advertising Correlation, Lamar Advertising Hype Analysis, Lamar Advertising Volatility, Lamar Advertising History as well as Lamar Advertising Performance. To learn how to invest in Lamar Stock, please use our How to Invest in Lamar Advertising guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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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.
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Is Lamar Advertising's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lamar Advertising. If investors know Lamar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lamar Advertising listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.249 | Dividend Share 5 | Earnings Share 4.85 | Revenue Per Share 20.748 | Quarterly Revenue Growth 0.039 |
The market value of Lamar Advertising is measured differently than its book value, which is the value of Lamar that is recorded on the company's balance sheet. Investors also form their own opinion of Lamar Advertising's value that differs from its market value or its book value, called intrinsic value, which is Lamar Advertising's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lamar Advertising's market value can be influenced by many factors that don't directly affect Lamar Advertising's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lamar Advertising's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lamar Advertising is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lamar Advertising's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.