Lufax Holding Ltd [NYSE: LU] closed the trading session at $15.88 on 01/21/21. The day’s price range saw the stock hit a low of $14.23, while the highest price level was $16.25. The company report on December 2, 2020 that Lufax Reports Third Quarter 2020 Unaudited Financial Results.
Lufax Holding Ltd (“Lufax” or the “Company”) (NYSE: LU), a leading technology-empowered personal financial services platform in China, announced its unaudited financial results for the third quarter and nine months ended September 30, 2020.
Third Quarter 2020 Financial Highlights.
If compared to the average trading volume of 8.12M shares, LU reached to a volume of 11329751 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Lufax Holding Ltd [LU]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LU shares is $17.86 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LU stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
China Renaissance have made an estimate for Lufax Holding Ltd shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 11, 2020. While these analysts kept the previous recommendation, Stifel raised their target price to Hold. The new note on the price target was released on November 24, 2020, representing the official price target for Lufax Holding Ltd stock. Previously, the target price had yet another raise to $15, while KeyBanc Capital Markets analysts kept a Sector Weight rating on LU stock.
The Average True Range (ATR) for Lufax Holding Ltd is set at 0.81
LU stock trade performance evaluation
Lufax Holding Ltd [LU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.89.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LU stock in for the last two-week period is set at 59.93, with the RSI for the last a single of trading hit 64.78, and the three-weeks RSI is set at 57.21 for Lufax Holding Ltd [LU]. The present Moving Average for the last 50 days of trading for this stock 14.97, while it was recorded at 14.61 for the last single week of trading.
Lufax Holding Ltd [LU]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Lufax Holding Ltd [LU] shares currently have an operating margin of +44.02 and a Gross Margin at +85.24. Lufax Holding Ltd’s Net Margin is presently recorded at +26.94.
Return on Total Capital for LU is now 33.23, given the latest momentum, and Return on Invested Capital for the company is 21.91. Return on Equity for this stock inclined to 37.62, with Return on Assets sitting at 9.99. When it comes to the capital structure of this company, Lufax Holding Ltd [LU] has a Total Debt to Total Equity ratio set at 71.74. Additionally, LU Total Debt to Total Capital is recorded at 41.77, with Total Debt to Total Assets ending up at 20.18. Long-Term Debt to Equity for the company is recorded at 63.23, with the Long-Term Debt to Total Capital now at 36.82.
Reflecting on the efficiency of the workforce at the company, Lufax Holding Ltd [LU] managed to generate an average of $22,794 per employee. Receivables Turnover for the company is 3.41 with a Total Asset Turnover recorded at a value of 0.37.
Earnings per share (EPS) analysis for Lufax Holding Ltd [LU] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LU. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Lufax Holding Ltd go to 5.90%.
Lufax Holding Ltd [LU]: Insider Ownership positions
Positions in Lufax Holding Ltd stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 2 institutional holders increased their position in Lufax Holding Ltd [NYSE:LU] by around 4,246,760 shares. Additionally, 0 investors decreased positions by around 0 shares, while 0 investors held positions by with 0 shares. The mentioned changes placed institutional holdings at 4,246,760 shares, according to the latest SEC report filing. LU stock had 2 new institutional investments in for a total of 4,246,760 shares, while 0 institutional investors sold positions of 0 shares during the same period.