Lufax Holding Ltd ADR (NYSE: LU) Could Have Exceptional Returns?

In the last trading session, 1.54 million shares of the Lufax Holding Ltd ADR (NYSE:LU) were traded, and its beta was 0.90. Most recently the company’s share price was $2.56, and it changed around $0.07 or 2.81% from the last close, which brings the market valuation of the company to $2.15B. LU currently trades at a discount to its 52-week high of $4.15, offering almost -62.11% off that amount. The share price’s 52-week low was $0.94, which indicates that the current value has risen by an impressive 63.28% since then. We note from Lufax Holding Ltd ADR’s average daily trading volume that its 10-day average is 2.68 million shares, with the 3-month average coming to 3.19 million.

Lufax Holding Ltd ADR stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 10 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 6 recommended LU as a Hold, whereas 3 deemed it a Buy, and 1 rated it as Underweight. Lufax Holding Ltd ADR is expected to report earnings per share of 0 for the current quarter.

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Lufax Holding Ltd ADR (NYSE:LU) trade information

Instantly LU has showed a green trend with a performance of 2.81% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.69 on recent trading dayincreased the stock’s daily price by 4.83%. The company’s shares are currently up 86.35% year-to-date, but still up 4.49% over the last five days. On the other hand, Lufax Holding Ltd ADR (NYSE:LU) is -3.76% down in the 30-day period. We can see from the shorts that 5.97 million shares have been sold at a short interest cover period of 2.34 day(s).

The consensus price target as assigned by Wall Street analysts is $3.16, which translates to bulls needing to increase their stock price by 18.99% from its current value. Analyst projections state that LU is forecast to be at a low of $3.13 and a high of $3.18.

Lufax Holding Ltd ADR (LU) estimates and forecasts

Lufax Holding Ltd ADR share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 11.79 percent over the past six months and at a -318.18% annual growth rate that is well below the industry average of 7.60%. The year-over-year growth rate is expected to be -27.76%, down from the previous year.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -42.05%. Lufax Holding Ltd ADR earnings are expected to increase by -385.79% in 2024, but the outlook is positive 32.08% per year for the next five years.

LU Dividends

Lufax Holding Ltd ADR’s next quarterly earnings report is expected to be released in January.

PINNACLE WEALTH PLANNING SERVICES, INC., with 0.008% or 45991.0 shares worth $0.11 million as of 2024-06-30, holds the second largest percentage of outstanding shares.