Lufax Holding Ltd ADR (LU) Shares on the Rise: Short-term Analysis

A share price of Lufax Holding Ltd ADR [LU] is currently trading at $4.68, up 2.18%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The LU shares have gain 7.83% over the last week, with a monthly amount glided 9.09%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Lufax Holding Ltd ADR [NYSE: LU] stock has seen the most recent analyst activity on January 25, 2024, when BofA Securities downgraded its rating to a Neutral. Previously, UBS downgraded its rating to Sell on August 24, 2023, and dropped its price target to $1. On June 08, 2023, Bernstein initiated with a Outperform rating and assigned a price target of $2.50 on the stock. Macquarie upgraded its rating to a Outperform. Macquarie downgraded its rating to a Underperform but $1.50 remained the price target by the analyst firm on March 14, 2023. Citigroup downgraded its rating to Neutral for this stock on March 13, 2023, and downed its price target to $2.04. In a note dated November 25, 2022, JP Morgan downgraded an Underweight rating on this stock and revised its target price from $6.40 to $1.60.

Lufax Holding Ltd ADR experienced fluctuations in its stock price throughout the past year between $2.11 and $7.64. Currently, Wall Street analysts expect the stock to reach $4.85 within the next 12 months. Lufax Holding Ltd ADR [NYSE: LU] shares were valued at $4.68 at the most recent close of the market. An investor can expect a potential return of 3.63% based on the average LU price forecast.

Analyzing the LU fundamentals

Trailing Twelve Months sales for Lufax Holding Ltd ADR [NYSE:LU] were 4.37B which represents -34.65% decline. Gross Profit Margin for this corporation currently stands at 0.88% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.01 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.53.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.58 points at the first support level, and at 4.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.86, and for the 2nd resistance point, it is at 5.04.

Lufax Holding Ltd ADR [LU] reported earnings per share of -$0.21 for its fiscal quarter that ended on 12/31/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.02/share, meaning a difference of -$0.19 and a surprise factor of -950.00%. By comparison, the stated earnings for the previous quarter ended on 9/30/2023 were $0.04 per share as compared to estimates of $0.15 per share, a difference of -$0.11 representing a surprise of -73.30%.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 0.58, the price to book ratio is 0.21.

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