Lloyds Banking Group plc [LYG] is -20.78% lower this YTD. Is it still time to buy?

Lloyds Banking Group plc [NYSE: LYG] loss -3.35% or -0.07 points to close at $2.02 with a heavy trading volume of 9049562 shares.


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It opened the trading session at $2.09, the shares rose to $2.10 and dropped to $2.01, the range by which the price of stock traded the whole day. The daily chart for LYG points out that the company has recorded -22.90% loss over the past six months. However, it is still -6.32% lower than its most recent low trading price.

If we look at the average trading volume of 10.90M shares, LYG reached to a volume of 9049562 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 $2.89 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 1.00. 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.

BofA Securities have made an estimate for Lloyds Banking Group plc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 27, 2022. The new note on the price target was released on April 05, 2022, representing the official price target for Lloyds Banking Group plc stock.

The Average True Range (ATR) for Lloyds Banking Group plc is set at 0.05, with the Price to Sales ratio for LYG stock in the period of the last 12 months amounting to 2.14. The Price to Book ratio for the last quarter was 0.60, with the Price to Cash per share for the same quarter was set at 12.10.

Trading performance analysis for LYG stock

Lloyds Banking Group plc [LYG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.81. With this latest performance, LYG shares dropped by -7.34% in over the last four-week period, additionally sinking by -22.90% over the last 6 months – not to mention a drop of -14.77% 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 37.47, with the RSI for the last a single of trading hit 30.51, and the three-weeks RSI is set at 41.47 for Lloyds Banking Group plc [LYG]. The present Moving Average for the last 50 days of trading for this stock 2.10, while it was recorded at 2.06 for the last single week of trading, and 2.38 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 +15.05. Lloyds Banking Group plc’s Net Margin is presently recorded at +12.74.

Return on Total Capital for LYG is now 3.26, given the latest momentum, and Return on Invested Capital for the company is 3.86. Return on Equity for this stock inclined to 11.86, with Return on Assets sitting at 0.61. 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 294.98. Additionally, LYG Total Debt to Total Capital is recorded at 74.68, with Total Debt to Total Assets ending up at 15.64. Long-Term Debt to Equity for the company is recorded at 170.97, with the Long-Term Debt to Total Capital now at 43.29.

Reflecting on the efficiency of the workforce at the company, Lloyds Banking Group plc [LYG] managed to generate an average of $92,399 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 $687 million, or 1.90% of LYG stock, in the hands of institutional investors. The top three institutional holders of LYG stocks are: JPMORGAN CHASE & CO with ownership of 29,647,034, which is approximately -9.951% of the company’s market cap and around 81.30% of the total institutional ownership; MACQUARIE GROUP LTD, holding 28,282,843 shares of the stock with an approximate value of $57.13 million in LYG stocks shares; and MONDRIAN INVESTMENT PARTNERS LTD, currently with $52.45 million in LYG stock with ownership of nearly 0% of the company’s market capitalization.

Positions in Lloyds Banking Group plc stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 151 institutional holders increased their position in Lloyds Banking Group plc [NYSE:LYG] by around 61,475,862 shares. Additionally, 134 investors decreased positions by around 28,969,881 shares, while 50 investors held positions by with 249,453,168 shares. The mentioned changes placed institutional holdings at 339,898,911 shares, according to the latest SEC report filing. LYG stock had 43 new institutional investments in for a total of 14,412,581 shares, while 43 institutional investors sold positions of 16,963,802 shares during the same period.

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