Lloyds Banking Group plc [LYG] is 33.67% higher this YTD. Is it still time to buy?

Lloyds Banking Group plc [NYSE: LYG] gained 1.16% on the last trading session, reaching $2.62 price per share at the time.

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Lloyds Banking Group plc represents 18.81 billion in outstanding shares, while the company has a total market value of $49.29 billion with the latest information. LYG stock price has been found in the range of $2.57 to $2.62.

If compared to the average trading volume of 5.42M shares, LYG reached a trading volume of 4428749 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Lloyds Banking Group plc [LYG]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LYG shares is $2.23 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LYG stock is a recommendation set at 4.00. 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.

Redburn have made an estimate for Lloyds Banking Group plc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on May 17, 2021. The new note on the price target was released on April 12, 2021, representing the official price target for Lloyds Banking Group plc stock.

The Average True Range (ATR) for Lloyds Banking Group plc is set at 0.06, with the Price to Sales ratio for LYG stock in the period of the last 12 months amounting to 2.48. The Price to Book ratio for the last quarter was 3769.78.

Trading performance analysis for LYG stock

Lloyds Banking Group plc [LYG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.38. With this latest performance, LYG shares dropped by -4.03% in over the last four-week period, additionally plugging by 44.75% over the last 6 months – not to mention a rise of 73.51% in the past year of trading.

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 LYG stock in for the last two-week period is set at 47.26, with the RSI for the last a single of trading hit 45.70, and the three-weeks RSI is set at 49.98 for Lloyds Banking Group plc [LYG]. The present Moving Average for the last 50 days of trading for this stock 2.60, while it was recorded at 2.58 for the last single week of trading, and 2.03 for the last 200 days.

Lloyds Banking Group plc [LYG]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Lloyds Banking Group plc [LYG] shares currently have an operating margin of +6.10. Lloyds Banking Group plc’s Net Margin is presently recorded at +2.54.

Return on Total Capital for LYG is now 1.03, given the latest momentum, and Return on Invested Capital for the company is 0.57. Return on Equity for this stock inclined to 2.04, with Return on Assets sitting at 0.10. When it comes to the capital structure of this company, Lloyds Banking Group plc [LYG] has a Total Debt to Total Equity ratio set at 365.66. Additionally, LYG Total Debt to Total Capital is recorded at 78.53, with Total Debt to Total Assets ending up at 18.16. Long-Term Debt to Equity for the company is recorded at 247.48, with the Long-Term Debt to Total Capital now at 53.15.

Reflecting on the efficiency of the workforce at the company, Lloyds Banking Group plc [LYG] managed to generate an average of $14,048 per employee.

Lloyds Banking Group plc [LYG]: An earnings per share (EPS) analysis

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 LYG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Lloyds Banking Group plc go to -10.30%.

An analysis of insider ownership at Lloyds Banking Group plc [LYG]

There are presently around $654 million, or 1.40% of LYG stock, in the hands of institutional investors. The top three institutional holders of LYG stocks are: JPMORGAN CHASE & CO with ownership of 41,291,377, which is approximately -2.94% of the company’s market cap and around 81.30% of the total institutional ownership; MACQUARIE GROUP LTD, holding 32,780,245 shares of the stock with an approximate value of $85.88 million in LYG stocks shares; and MONDRIAN INVESTMENT PARTNERS LTD, currently with $68.03 million in LYG stock with ownership of nearly 5.212% of the company’s market capitalization.

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Positions in Lloyds Banking Group plc stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 128 institutional holders increased their position in Lloyds Banking Group plc [NYSE:LYG] by around 35,822,668 shares. Additionally, 87 investors decreased positions by around 10,265,947 shares, while 54 investors held positions by with 203,351,542 shares. The mentioned changes placed institutional holdings at 249,440,157 shares, according to the latest SEC report filing. LYG stock had 41 new institutional investments in for a total of 13,491,993 shares, while 37 institutional investors sold positions of 2,890,679 shares during the same period.

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