Market Analysts see Lufax Holding Ltd [LU] falling to $15. Time to buy?

Lufax Holding Ltd [NYSE: LU] plunged by -$0.15 during the normal trading session on Wednesday and reaching a high of $9.605 during the day while it closed the day at $9.27. The company report on June 28, 2021 that Lufax Subsidiary Lu International and Schroders Singapore Partner to Co-Innovate Digital Wealth Solutions for Investors in Southeast Asia.

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Collaboration aims to revolutionise the digital investment landscape in the region, drawing on robust capabilities of both powerhouses.

Lu International (Singapore) (“LUI”), a subsidiary of Lufax Holding Ltd (“Lufax”, NYSE: LU), a leading technology-empowered personal financial services platform in China, announced that it has established a strategic partnership with Schroders Singapore, a wholly owned subsidiary of Schroders, an asset management company, to co-innovate digital wealth solutions in Southeast Asia with the aim of addressing the fast-growing needs of retail investors in the region.

Lufax Holding Ltd stock has also loss -12.30% of its value over the past 7 days. However, LU stock has declined by -32.34% in the 3 months of the year. Over the past six months meanwhile, it has lost -38.20% and lost -34.72% year-on date.

The market cap for LU stock reached $21.51 billion, with 2.44 billion shares outstanding and 885.37 million shares in the current float. Compared to the average trading volume of 6.73M shares, LU reached a trading volume of 3728658 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]:

JP Morgan have made an estimate for Lufax Holding Ltd shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on May 14, 2021. While these analysts kept the previous recommendation, Macquarie raised their target price to Outperform. The new note on the price target was released on May 13, 2021, representing the official price target for Lufax Holding Ltd stock.

The Average True Range (ATR) for Lufax Holding Ltd is set at 0.51, with the Price to Sales ratio for LU stock in the period of the last 12 months amounting to 0.37. The Price to Book ratio for the last quarter was 1.80, with the Price to Cash per share for the same quarter was set at 1.60.

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 -12.30. With this latest performance, LU shares dropped by -24.51% in over the last four-week period, additionally sinking by -38.20% over the last 6 months.

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 28.77, with the RSI for the last a single of trading hit 27.68, and the three-weeks RSI is set at 31.11 for Lufax Holding Ltd [LU]. The present Moving Average for the last 50 days of trading for this stock 11.64, while it was recorded at 9.25 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 14.60%.

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 September and at the time of the September reporting period, where 72 institutional holders increased their position in Lufax Holding Ltd [NYSE:LU] by around 28,414,307 shares. Additionally, 40 investors decreased positions by around 12,059,903 shares, while 12 investors held positions by with 130,118,163 shares. The mentioned changes placed institutional holdings at 170,592,373 shares, according to the latest SEC report filing. LU stock had 27 new institutional investments in for a total of 10,744,078 shares, while 11 institutional investors sold positions of 4,456,793 shares during the same period.

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