Lamar Advertising Company (LAMR, $105.08) analyzing technical analysis and patterns and earnings
Technical analysis and patterns have shown that Lamar Advertising Company, a well-known outdoor advertising firm, has been on a bullish streak for the last three days. Investors and traders alike see this pattern as a bullish indication and are now actively monitoring the stock for potential future growth.
Lamar Advertising Company's prospects for further growth should be evaluated by considering both technical analysis and the company's earnings. Technical analysis entails looking at price patterns and charts in order to spot trends and forecast future price movements. The three-day bullish run for Lamar Advertising Company is encouraging and shows that the stock may continue to rise.
Looking at historical data, it's clear that when LAMR advanced for three days, in 229 of 336 cases, the price rose further within the following month. This translates to a 68% chance of a continued upward trend.
Lamar Advertising Company recently reported its fourth-quarter 2022 financial results, which showed an increase in revenue compared to the same period in the previous year. Additionally, the business recorded good results in its digital advertising division, which generated 39% of its overall revenue in the fourth quarter.
Investors may view the company's strong financial performance as a sign of its long-term potential and may be more willing to invest in the stock as a result.
The recent upward trend for Lamar Advertising Company, along with favorable historical data and solid earnings results, indicate that the stock may gain further in the ensuing weeks and months.
LAMR in upward trend: price expected to rise as it breaks its lower Bollinger Band on December 18, 2024
LAMR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 35 cases where LAMR's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where LAMR advanced for three days, in of 333 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where LAMR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for LAMR entered a downward trend on January 08, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock better than average.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. LAMR’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: LAMR's P/B Ratio (9.737) is slightly higher than the industry average of (1.982). P/E Ratio (23.936) is within average values for comparable stocks, (62.378). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (7.058). Dividend Yield (0.043) settles around the average of (0.068) among similar stocks. P/S Ratio (5.615) is also within normal values, averaging (7.099).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
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