Lufax Holding Ltd ADR (LU) Stocks Reach New Highs at $3.09 During Trading Session

In the latest session, Lufax Holding Ltd ADR (NYSE: LU) closed at $3.09 up 2.66% from its previous closing price of $3.01. In other words, the price has increased by $+0.0800 from its previous closing price. On the day, 4685289 shares were traded. LU stock price reached its highest trading level at $3.1000 during the session, while it also had its lowest trading level at $2.9300.

Ratios:

For a deeper understanding of Lufax Holding Ltd ADR’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.46 whereas as Long-Term Debt/Eq ratio is at 0.46.

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 3.36B. As of this moment, Lufax’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.23, and their Forward P/E ratio for the next fiscal year is 4.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 0.14.

Stock Price History:

Over the past 52 weeks, LU has reached a high of $8.72, while it has fallen to a 52-week low of $2.11. The 50-Day Moving Average of the stock is 2.5886, while the 200-Day Moving Average is calculated to be 4.2266.

Shares Statistics:

For the past three months, LU has traded an average of 4.59M shares per day and 4.27M over the past ten days. A total of 573.00M shares are outstanding, with a floating share count of 572.78M. Insiders hold about 0.04% of the company’s shares, while institutions hold 16.48% stake in the company. Shares short for LU as of Feb 29, 2024 were 13.96M with a Short Ratio of 3.04, compared to 11.41M on Jan 31, 2024.

Dividends & Splits

According to the company, the forward annual dividend rate for LU is 0.09, from 2.37 in the trailing year. Against a Trailing Annual Dividend Yield of 78.74%, it implies a Forward Annual Dividend Yield of 11.52%.

Earnings Estimates

There are 3 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.02 for the current quarter, with a high estimate of -$0.01 and a low estimate of -$0.03, while EPS last year was -$0.2. The consensus estimate for the next quarter is $0.12, with high estimates of $0.24 and low estimates of $0.03.

Analysts are recommending an EPS of between $0.56 and $0.3 for the fiscal current year, implying an average EPS of $0.42. EPS for the following year is $0.76, with 11 analysts recommending between $1.42 and $0.32.

Revenue Estimates

A total of 4 analysts believe the company’s revenue will be $1.05B this quarter.It ranges from a high estimate of $1.08B to a low estimate of $1.03B. As of the current estimate, Lufax Holding Ltd ADR’s year-ago sales were $1.79B, an estimated decrease of -41.00% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $1.02B, a decrease of -30.40% over than the figure of -$41.00% in the same quarter last year. There is a high estimate of $1.04B for the next quarter, whereas the lowest estimate is $1.01B.

A total of 12 analysts have provided revenue estimates for LU’s current fiscal year. The highest revenue estimate was $5.31B, while the lowest revenue estimate was $4.66B, resulting in an average revenue estimate of $4.87B. In the same quarter a year ago, actual revenue was $8.43B, down -42.20% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $4.68B in the next fiscal year. The high estimate is $5.49B and the low estimate is $3.96B. The average revenue growth estimate for next year is down -3.80% from the average revenue estimate for this year.

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