LPL Financial shares have fallen to $303.41 over the last six months, a 14.7% decline that contrasts with the S&P 500's 12.4% gain. The company, the nation's largest independent broker-dealer, posted a five-year compounded annual revenue growth rate of 24.5% and EPS growth of 27.2%, with an average return on equity of 37.3% over the same period. The stock now trades at 12 times forward P/E, prompting investors to reassess whether to buy, sell, or hold following its first-quarter earnings.
LPL Financial Holdings IncArticle discusses stock's price decline and valuation after Q1 earnings, but provides no clear positive or negative catalyst; it's a neutral analysis.