In the latest trading session, 25.14 million Lloyds Banking Group plc ADR (NYSE:LYG) shares changed hands as the company’s beta touched 1.25. With the company’s most recent per share price at $3.67 changing hands around $0.12 or 3.52% at last look, the market valuation stands at $55.70B. LYG’s last price was a premium, traded about 3.0% off its 52-week high of $3.56. The share price had its 52-week low at $2.25, which suggests the last value was 38.69% up since then.
Analysts gave the Lloyds Banking Group plc ADR (LYG) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.47. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended LYG as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. Lloyds Banking Group plc ADR’s EPS for the current quarter is expected to be 0.09.
Lloyds Banking Group plc ADR (NYSE:LYG) trade information
Instantly LYG is in green as seen in intraday trades today. With action 17.04%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 35.11%, with the 5-day performance at 17.04% in the green. However, in the 30-day time frame, Lloyds Banking Group plc ADR (NYSE:LYG) is 20.49% up.
The consensus price target for the stock as assigned by Wall Street analysts is 2.75, meaning bulls need a downside of -33.45% from its recent market value. According to analyst projections, LYG’s forecast low is 2.75 with 2.75 as the target high. To hit the forecast high, the stock’s price needs a 25.07% surge from its current level, while the stock would need to tank 25.07% for it to hit the projected low.
Lloyds Banking Group plc ADR (LYG) estimates and forecasts
Year-over-year growth is forecast to reach 2.26% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 4.78B. 1 analysts are of the opinion that Lloyds Banking Group plc ADR’s revenue for the current quarter will be 4.86B. The company’s revenue for the corresponding quarters a year ago was 4.52B and 4.55B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 5.64%. The estimates for the next quarter sales put growth at 6.93%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 12.58%. The 2025 estimates are for Lloyds Banking Group plc ADR earnings to increase by 12.64%, but the outlook for the next 5-year period is at 19.88% per year.
LYG Dividends
Lloyds Banking Group plc ADR is expected to release its next quarterly earnings report in March. The 4.04% annual yield figure for the share gives it an annual dividend of 0.15. It is important to note, however, that the 4.04% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
Lloyds Banking Group plc ADR (NYSE:LYG)’s Major holders
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP holds the second largest percentage of outstanding shares, with 0.0382% or 24.07 million shares worth $65.7 million as of 2024-06-30.
Among Mutual Funds, the top two as of Oct 31, 2024 were Dimensional ETF Tr-Dimensional International Value ETF and Dimensional ETF Tr-Dimensional International Core Equity 2 ETF. With 4.24 shares estimated at $15.65 million under it, the former controlled 0.03% of total outstanding shares. On the other hand, Dimensional ETF Tr-Dimensional International Core Equity 2 ETF held about 0.03% of the shares, roughly 4.03 shares worth around $14.88 million.
