Analysts Say Lufax Holding Ltd ADR Can Reach $3.18 In 12 Months

Lufax Holding Ltd ADR (NYSE:LU)’s traded shares stood at 1.84 million during the last session, with the company’s beta value hitting 0.90. At the close of trading, the stock’s price was $2.43, to imply an increase of 1.67% or $0.04 in intraday trading. The LU share’s 52-week high remains $4.15, putting it -70.78% down since that peak but still an impressive 61.32% since price per share fell to its 52-week low of $0.94. The company has a valuation of $2.04B, with an average of 4.41 million shares in intraday trading volume over the past 10 days and average of 3.58 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Lufax Holding Ltd ADR (LU), translating to a mean rating of 2.75. Of 10 analyst(s) looking at the stock, 1 analyst(s) give LU a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 7 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.

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Lufax Holding Ltd ADR (NYSE:LU) trade information

After registering a 1.67% upside in the last session, Lufax Holding Ltd ADR (LU) has traded red over the past five days. The 5-day price performance for the stock is 0.41%, and 4.29% over 30 days. With these gigs, the year-to-date price performance is 76.88%. Short interest in Lufax Holding Ltd ADR (NYSE:LU) saw shorts transact 5.64 million shares and set a 2.35 days time to cover.

The extremes give us $3.13 and $3.18 for target low and target high price respectively. As such, LU has been trading -30.86% off suggested target high and -28.81% from its likely low.

Lufax Holding Ltd ADR (LU) estimates and forecasts

Looking at statistics comparing Lufax Holding Ltd ADR share performance against respective industry, we note that the company has underperformed competitors. Lufax Holding Ltd ADR (LU) shares are 5.19% up over the last 6 months, with its year-to-date growth rate lower than industry average at -318.18% against 7.80%. The rating firms project that company’s revenue will shrink -28.05% compared to the previous financial year.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -42.05% for the past 5-year period. While 2024 is set for a -386.89% return in earnings, projections for the next 5 years are at 32.08% annually.

LU Dividends

Lufax Holding Ltd ADR has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

The next major institution holding the largest number of shares is PINNACLE WEALTH PLANNING SERVICES, INC. with 45991.0 shares, or about 0.008% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.11 million.