Lamar Advertising Company (REIT) (LAMR): Forget the loss, time to buy LAMR Stock

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Lamar Advertising Company (REIT) (NASDAQ:LAMR) changes shares on Tuesday trading session, with a change of 0.26% or $0.17 shares. The trading starts at $66.51 and closed at $66.38 throughout the day. The trading session low price was $65.6099 and day high was $67.32 on Tuesday, August 04. After the session, the Real Estate sector daily volume shifted to 0.56 million while its average volume is 902.10K. In other hand, the LAMR market cap reached to $6.77B. While, its current target price is $73.00.

On May 2, 2018, BRIEF-Lamar Advertising Reports Q1 Adjusted FFO Per Share Of $0.98. According to the news reported on Reuters, * Q1 REVENUE $361 MILLION VERSUS I/B/E/S VIEW $360.2 MILLION Source text for Eikon: Further company coverage:

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 0.59% and up 1.57% for month. Its quarterly performance was 22.47% above, while its half year performance is down -29.31%. LAMR yearly performance stood at negative -14.61% and fall -25.44% for year-to-date. Current recommendation for Lamar Advertising Company (REIT) is 3.20.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. LAMR EPS (TTM) for 12-month is 3.59. EPS for this year is 20.50%, while for the next year its value is 3.13. Sales growth for the current quarter is 6.18 while its EPS Q/Q reached -21.80%. It has an EPS of 6.90% up for past five years and for the next five years will be up 3.00%.

Let’s take a look on the analyst recommendations on LAMR for the current month and previous month. For the current month, 0 of 5 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 5 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $67.00 – $77.00. Average target price for LAMR was reached at $72.40.

The insider ownership moved to 0.70% and institutional holding shifted to 94.70%.

The company posted an EPS (TTM) of 3.59. According to the most recent quarter report on (Jun 2020), 5 analysts estimated an average EPS of 0.39, while 1.18 EPS posted a year ago period. Analyst Estimated EPS for LAMR published in the report was $0.22 – $0.5 during the same period. Comparing with last year, the average estimated EPS was 1.18 which is higher than 0.4 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for LAMR fall -9.60% for period of 200 days. SMA for 50 days was -2.08% which is showing red signal, while SMA-20 was 2.08%. The moving average value for Lamar Advertising Company (REIT) (LAMR) is 68.15 and 66.87 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in LAMR stock. On May 15, KOERNER JOHN E III, Director, bought 17,000 trading shares at the cost of $58.27, which valued at 0.99 million. On Sep 17, MUMBLOW STEPHEN P, Director, sold 3,500 shares at the cost of $79.81, with total shares of 5,580.