Lamar Advertising Stock Falls On Unusually High Volume (LAMR)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Lamar Advertising (Nasdaq: LAMR) is trading at unusually high volume Wednesday with 1.5 million shares changing hands. It is currently at two times its average daily volume and trading down $1.30 (-2.9%) at $43.10 as of 2:30 p.m. ET.

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Lamar Advertising has a market cap of $3.65 billion and is part of the services sector and media industry. Shares are up 18.3% year to date as of the close of trading on Tuesday.

Lamar Advertising Company operates as an outdoor advertising company in the United States. The company has a P/E ratio of 163.8, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Lamar Advertising as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. You can view the full Lamar Advertising Ratings Report.

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