With over 300,000 displays across the U.S., including digital billboards, it is a leading outdoor advertising company. Its focus on digital formats positions it for growth, as they offer higher margins and flexibility. The company benefits from long-term contracts, ensuring stable revenue and enabling infrastructure investment while maintaining healthy dividends.
The growth of digital billboards offers Lamar opportunities to attract more advertisers. Its mix of static and digital formats gives it a competitive edge, and outdoor advertising's resilience to economic downturns makes it a cost-effective option for businesses.
Investing in Lamar offers an attractive dividend yield, exposure to digital growth, and stable revenue from long-term contracts. With its strong market position and financials, Lamar is a solid choice for investors seeking reliable income and growth potential.
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As a financial analyst, I have conducted a comprehensive analysis of Lamar Advertising (LAMR) for you. Here are the key findings:
Business Overview:Lamar Advertising is a leading outdoor advertising company in the US, with over 300,000 displays including digital billboards. Its focus on digital formats positions it for growth, as they offer higher margins and flexibility. The company benefits from long-term contracts, ensuring stable revenue and enabling infrastructure investment while maintaining healthy dividends. Outdoor advertising has proven to be resilient during economic downturns, making it a cost-effective option for businesses. Lamar Advertising's mix of static and digital formats gives it a competitive edge.
Earnings and Forecast:For the fiscal year 2024, Lamar Advertising is expected to report an EPS of $5.00, with a forecasted gross income of $2.21 billion and an estimated EBIT of $697.86 million. Looking ahead, the company's earnings forecast indicates growth, with the EPS projected to reach $5.66 in 2025 and $6.19 in 2026.
Target Price and Analyst Recommendations:Based on the analysis of five analysts, the mean target price for Lamar Advertising is $134.0, with a low estimate of $122.0 and a high estimate of $160.0. The current stock price of Lamar Advertising is $129.0. It is important to note that analyst recommendations for the stock are mixed, with 1 buy and 6 hold ratings.
Capital Flow and Support/Resistance Levels:In terms of capital flow, Lamar Advertising has experienced both inflows and outflows over the past five days. On December 6, there was a significant inflow of 594.42K units, while on December 9, there was a smaller inflow of 399.62K units. However, on December 10 and 11, there were outflows of -459.6K units and -2541.46K units, respectively. On December 12, there was a rebound with an inflow of 744.44K units. The support and resistance levels for Lamar Advertising are $127.75 and $132.15, respectively.
Profiteer Ratio:As of December 13, 2024, the profiteer ratio for Lamar Advertising is 0.6288.
Stock Price:The most recent stock price for Lamar Advertising is $129.0 as of December 16, 2024.
Please note that the above analysis is for informational purposes only and should not be considered as investment advice. Investing in stocks involves inherent risks, and the analysis provided should not be the sole basis for making investment decisions. It is important to conduct further research and consult with a financial advisor before making any investment decisions.
What about the technical side ?