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Analyze Lufax Holding Ltd (NYSE: LU) With This Review Before Investing

Lufax Holding Ltd (NYSE:LU) traded at $3.56 at close of the session on Tuesday, 09/20/22, made an upward move of 0.28% on its previous day’s price.

Looking at the stock we see that its previous close was $3.55 with the day’s price range being $3.49 – $3.60. The company has a trailing 12-month PE ratio of 4.07. In terms of its 52-week price range, LU has a high of $7.80 and a low of $3.45. The company’s stock has lost about -10.10% over that past 30 days.

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Lufax Holding Ltd has a market cap of $8.31 billion and is expected to release its quarterly earnings report on Jan 31, 2022 – Feb 04, 2022. With its Forward Dividend at 0.17 and a yield of 4.78%, the company’s investors could be anxious for the LU stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $0.23, with the EPS growth for the year raised at $1.02 for 2022 and $1.15 for next year. These figures represent -2.90% and 12.70% growth in EPS for the two years respectively.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $2.36 billion, with a low of $2.29 billion and a high of $2.49 billion. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2022 is expected to hit $9.79 billion, or 0.90% up from figures reported last year.

There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the LU stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.

Based on estimates by 16 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 3 have rated the Lufax Holding Ltd (LU) stock as a Hold, while 12 rate it as a Buy. 0 analyst(s) rate it as overweight while 1 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Overweight and investors could take advantage and scoop up stock of the company.

Looking further, we note that the PEG ratio for the LU stock currently stands at 40.69, and the current price level is -10.80% off its SMA20 and -17.88% from its 50-day simple moving average. The RSI (14) is pointing at 32.72 while the volatility over the past week is 3.64% and jumps to 4.89% over the past one month. The average price target for the stock over the next 12 months is $43.70, with the estimates having a low of $30.42 and a high of $59.41. These price ends are -754.49% and -1568.82% off the current price level respectively, although investors could be excited at the prospect of a -1092.13% if the LU share price touches on the median price of $42.44.

Coming back to Lufax Holding Ltd (NYSE:LU), we note that the average 3-month trading volume was 7.20 million, while that of the preceding 10-day period stands at 4.63 million. Current shares outstanding are 2.29 billion.

The insiders hold 0.57% of the company’s shares while institutions hold 16.90%. The data shows that short shares as of Jul 14, 2022, stood at 26.09 million at a short ratio of 2.58. This represents a 1.14% short interest in shares outstanding on Jul 14, 2022. Shares short rose in July from the previous month at 20.12 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -36.77% down in year-to-date price movement.

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