Daily Market Movement: Lufax Holding Ltd ADR (LU) Sees a -3.21 Decrease, Closing at 4.53

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

The closing price of Lufax Holding Ltd ADR (NYSE: LU) was $4.53 for the day, down -3.21% from the previous closing price of $4.68. In other words, the price has decreased by -$3.21 from its previous closing price. On the day, 4.95 million shares were traded. LU stock price reached its highest trading level at $4.82 during the session, while it also had its lowest trading level at $4.48.

Ratios:

Our analysis of LU’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.53 whereas as Long-Term Debt/Eq ratio is at 0.53.

On August 24, 2023, UBS Downgraded its rating to Sell which previously was Neutral and also lowered its target price recommendation from $1.60 to $1.

On June 08, 2023, Bernstein started tracking the stock assigning a Outperform rating and target price of $2.50.Bernstein initiated its Outperform rating on June 08, 2023, with a $2.50 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LU now has a Market Capitalization of 5517268480 and an Enterprise Value of -17292128256. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 0.21. Its current Enterprise Value per Revenue stands at -0.448 whereas that against EBITDA is -1.214.

Stock Price History:

The Beta on a monthly basis for LU is 0.83, which has changed by -0.3052147 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, LU has reached a high of $7.64, while it has fallen to a 52-week low of $2.11. The 50-Day Moving Average of the stock is 24.91%, while the 200-Day Moving Average is calculated to be 13.35%.

Shares Statistics:

LU traded an average of 5.26M shares per day over the past three months and 3261150 shares per day over the past ten days. A total of 573.16M shares are outstanding, with a floating share count of 544.33M. Insiders hold about 0.04% of the company’s shares, while institutions hold 16.90% stake in the company. Shares short for LU as of 1713139200 were 18790212 with a Short Ratio of 3.57, compared to 1710460800 on 12552634.

Dividends & Splits

With its trailing 12-month dividend rate of 1.106, LU has a forward annual dividend rate of 0.04. Against a Trailing Annual Dividend Yield of 0.23632479

Earnings Estimates

The dynamic stock of Lufax Holding Ltd ADR (LU) is currently being evaluated by a team of 2.0 analysts, each contributing to its current rating.On average, analysts expect EPS of $0.13 for the current quarter, with a high estimate of $0.24 and a low estimate of $0.03, while EPS last year was $0.16. The consensus estimate for the next quarter is $0.02, with high estimates of $0.02 and low estimates of $0.02.

Analysts are recommending an EPS of between $0.85 and -$0.12 for the fiscal current year, implying an average EPS of $0.53. EPS for the following year is $0.79, with 8.0 analysts recommending between $1.11 and $0.35.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $961.48M to a low estimate of $961.48M. As of the current estimate, Lufax Holding Ltd ADR’s year-ago sales were $1.47BFor the next quarter, 1 analysts are estimating revenue of $897.14M. There is a high estimate of $897.14M for the next quarter, whereas the lowest estimate is $897.14M.

A total of 9 analysts have provided revenue estimates for LU’s current fiscal year. The highest revenue estimate was $4.82B, while the lowest revenue estimate was $3.38B, resulting in an average revenue estimate of $4.06B. In the same quarter a year ago, actual revenue was $4.82BBased on 9 analysts’ estimates, the company’s revenue will be $4.39B in the next fiscal year. The high estimate is $5.37B and the low estimate is $3.45B.

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