Allworth Financial LP Purchases 285 Shares of Lamar Advertising
January 9, 2023
Trending News ☀️
The company offers a wide range of advertising services, including billboards, bus shelters, transit displays, airport displays, digital displays, and more. Recently, it was announced that Allworth Financial LP had purchased 285 shares of Lamar Advertising ($NASDAQ:LAMR). Allworth Financial LP is a private equity firm that invests in a variety of companies, including Lamar Advertising. This purchase marks an important investment for Allworth Financial LP in the outdoor advertising industry. By investing in Lamar Advertising, they are betting on continued success and growth of the company.
This purchase also signals Allworth Financial LP’s commitment to the longevity of the outdoor advertising industry and its ability to remain a competitive segment of the advertising market. As more businesses continue to invest in outdoor advertising, Lamar Advertising stands to gain from increased demand for its services. With this investment, Allworth Financial LP has demonstrated their commitment to the long-term success of the company and the outdoor advertising industry as a whole.
Price History
The news coverage of the purchase has been mostly positive, with investors expecting the stock to benefit from the new investor. On Tuesday, Lamar Advertising opened at $95.6 and closed at $91.8, down by 2.7% from the last closing price of $94.4. Analysts are watching the stock closely to see how it will react to the news of the purchase by Allworth Financial LP. This could be beneficial in terms of public perception and brand recognition, as well as trustworthiness in the market.
Furthermore, it could also result in increased investment into the company, which could lead to increased revenue and profits for Lamar Advertising. The stock may have decreased in value on Tuesday, but investors are optimistic that it will rebound and benefit from the new investor. Analysts will be keeping a close eye on the stock to see how it performs in the long run. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Lamar Advertising. More…
| Total Revenues | Net Income | Net Margin |
| 1.99k | 495.49 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Lamar Advertising. More…
| Operations | Investing | Financing |
| 783.29 | -660.99 | -130.22 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Lamar Advertising. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.28k | 5k | 12.53 |
Key Ratios Snapshot
Some of the financial key ratios for Lamar Advertising are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 30.9% |
| FCF Margin | ROE | ROA |
| – | – | – |
VI Analysis
Investors looking for a safe and reliable investment option should consider investing in LAMAR ADVERTISING. The company’s fundamentals have been made simple to understand using the VI app, which shows that the company has strong dividends, medium asset, growth and profitability. Additionally, the company has a high health score of 7/10, which is evidence of its ability to weather market downturns without bankruptcy risk. LAMAR ADVERTISING is classified as a ‘cow’ due to its track record of paying dividends consistently and sustainably. As such, it may be attractive to investors seeking steady, low-risk income opportunities. Those who are looking for a company with a long-term potential may also be interested in LAMAR ADVERTISING. It has a history of growing assets and profitability, which can provide investors with potential capital appreciation. Overall, LAMAR ADVERTISING is an ideal choice for investors who are looking for a safe and reliable investment option. Its fundamentals and health score suggest that it is well-positioned to withstand any economic downturns, while its dividend payments offer investors steady income. Furthermore, its potential for capital appreciation makes it a solid long-term investment option. More…
VI Peers
In the world of advertising, Lamar Advertising Co and its competitors are constantly vying for the top spot. Outfront Media Inc, Derwent London PLC, Great Portland Estates PLC are all major players in the industry, and each company has its own unique strengths and weaknesses. Lamar Advertising Co has been able to stay ahead of the competition by constantly innovating and adapting to the ever-changing landscape of the advertising world.
– Outfront Media Inc ($NYSE:OUT)
Outfront Media Inc is a publicly traded company that owns and operates billboard advertising space in the United States and Canada. The company was founded in 2006 and is headquartered in New York City. As of December 31, 2020, Outfront Media owned and operated approximately 148,000 billboard advertising displays.
– Derwent London PLC ($LSE:DLN)
As of 2022, Derwent London PLC has a market cap of 2.2B. The company focuses on the regeneration of areas within Central London.
– Great Portland Estates PLC ($LSE:GPE)
As of 2022, Great Portland Estates PLC has a market cap of 1.16B. The company is a real estate investment trust that focuses on properties in and around London.
Summary
Allworth Financial LP recently purchased 285 shares of Lamar Advertising, a market leader in the out-of-home advertising industry. Investors may be attracted to Lamar Advertising due to its strong presence in the industry, its long-term contracts with customers, and its diversified revenue streams. Analysts consider Lamar Advertising a safe bet for long-term investors, as its stock has shown consistent performance over time. With a strong balance sheet and a market-leading position, Lamar Advertising is poised to continue delivering value to shareholders for many years to come.
Related Posts
Recent Posts
