Saturday, April 10, 2021

Bernstein lifts Lufax Holding Ltd [LU] price estimate. Who else is bullish?

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Lufax Holding Ltd [NYSE: LU] plunged by -$0.12 during the normal trading session on Friday and reaching a high of $13.96 during the day while it closed the day at $13.74. The company report on March 12, 2021 that Lufax Files Its Annual Report on Form 20-F.

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Lufax Holding Ltd (“Lufax” or the “Company”) (NYSE: LU), a leading technology-empowered personal financial services platform in China, today announced that it filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2020 with the Securities and Exchange Commission on March 11, 2021.


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The Annual Report can be accessed on the Company’s investor relations website at https://ir.lufaxholding.com. The Company will also provide a hard copy of its Annual Report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request.

The market cap for LU stock reached $34.13 billion, with 2.44 billion shares outstanding and 855.38 million shares in the current float. Compared to the average trading volume of 4.08M shares, LU reached a trading volume of 3096044 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 $18.96 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.

Bernstein have made an estimate for Lufax Holding Ltd shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on March 26, 2021. While these analysts kept the previous recommendation, Citigroup raised their target price to Buy. The new note on the price target was released on March 08, 2021, representing the official price target for Lufax Holding Ltd stock. Previously, the target price had yet another raise to $17, while China Renaissance analysts kept a Buy rating on LU stock.

The Average True Range (ATR) for Lufax Holding Ltd is set at 0.74, with the Price to Sales ratio for LU stock in the period of the last 12 months amounting to 3.96. The Price to Book ratio for the last quarter was 2.69, with the Price to Cash per share for the same quarter was set at 1.49.

LU stock trade performance evaluation

Lufax Holding Ltd [LU] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.22.

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 37.33, with the RSI for the last a single of trading hit 32.81, and the three-weeks RSI is set at 41.31 for Lufax Holding Ltd [LU]. The present Moving Average for the last 50 days of trading for this stock 15.61, while it was recorded at 13.97 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 +36.29 and a Gross Margin at +80.47. Lufax Holding Ltd’s Net Margin is presently recorded at +21.58.

Return on Total Capital for LU is now 21.87, given the latest momentum, and Return on Invested Capital for the company is 13.64. Return on Equity for this stock inclined to 19.34, with Return on Assets sitting at 6.01. When it comes to the capital structure of this company, Lufax Holding Ltd [LU] has a Total Debt to Total Equity ratio set at 35.49. Additionally, LU Total Debt to Total Capital is recorded at 26.19, with Total Debt to Total Assets ending up at 11.63. Long-Term Debt to Equity for the company is recorded at 31.37, with the Long-Term Debt to Total Capital now at 23.15.

Reflecting on the efficiency of the workforce at the company, Lufax Holding Ltd [LU] managed to generate an average of $20,517 per employee. Receivables Turnover for the company is 3.74 with a Total Asset Turnover recorded at a value of 0.28.

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 13.50%.

Lufax Holding Ltd [LU]: Insider Ownership positions

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Positions in Lufax Holding Ltd stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 98 institutional holders increased their position in Lufax Holding Ltd [NYSE:LU] by around 154,018,518 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 154,018,518 shares, according to the latest SEC report filing. LU stock had 98 new institutional investments in for a total of 154,018,518 shares, while 0 institutional investors sold positions of 0 shares during the same period.

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