A Review of Lufax Holding Ltd ADR (NYSE: LU)’s Performance and Growth Prospects

NOVA

In the latest trading session, 0.44 million Lufax Holding Ltd ADR (NYSE:LU) shares changed hands as the company’s beta touched 0.82. With the company’s most recent per share price at $3.02 changing hands around $0.02 or 0.67% at last look, the market valuation stands at $2.53B. LU’s current price is a discount, trading about -37.42% off its 52-week high of $4.15. The share price had its 52-week low at $1.12, which suggests the last value was 62.91% up since then.

Analysts gave the Lufax Holding Ltd ADR (LU) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.71. If we narrow down to specifics, the data shows that 1 out of 10 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended LU as a Hold, 7 felt it is a Buy and 0 rated the stock as Underweight. Lufax Holding Ltd ADR’s EPS for the current quarter is expected to be 0.

Lufax Holding Ltd ADR (NYSE:LU) trade information

Instantly LU is in green as seen in intraday trades today. With action 3.42%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 26.36%, with the 5-day performance at 3.42% in the green. However, in the 30-day time frame, Lufax Holding Ltd ADR (NYSE:LU) is 4.50% up.

The consensus price target for the stock as assigned by Wall Street analysts is 3.16, meaning bulls need an upside of 4.43% from its recent market value. According to analyst projections, LU’s forecast low is 3.13 with 3.18 as the target high. To hit the forecast high, the stock’s price needs a -5.3% plunge from its current level, while the stock would need to soar -3.64% for it to hit the projected low.

Lufax Holding Ltd ADR (LU) estimates and forecasts

Year-over-year growth is forecast to reach -28.05% down from the last financial year.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -42.05%. The 2025 estimates are for Lufax Holding Ltd ADR earnings to decrease by -384.22%, but the outlook for the next 5-year period is at 30.75% per year.

Lufax Holding Ltd ADR (NYSE:LU)’s Major holders

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

Among Mutual Funds, the top two as of Sep 30, 2024 were KraneShares CSI China Internet ETF and SPDR (R) Ser Tr-SPDR� Kensho New Economies Composite ETF. With 7.63 shares estimated at $22.78 million under it, the former controlled 0.88% of total outstanding shares. On the other hand, SPDR (R) Ser Tr-SPDR� Kensho New Economies Composite ETF held about 0.33% of the shares, roughly 2.88 shares worth around $8.61 million.