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NYSE:LU

Lufax (LU) Stock Price, News & Analysis

$2.26
+0.03 (+1.35%)
(As of 09/6/2024 ET)
Today's Range
$2.23
$2.27
50-Day Range
$2.24
$2.97
52-Week Range
$2.00
$4.94
Volume
1.41 million shs
Average Volume
4.23 million shs
Market Capitalization
$1.30 billion
P/E Ratio
N/A
Dividend Yield
5.31%
Price Target
$3.78

Lufax MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
67.0% Upside
$3.78 Price Target
Short Interest
Healthy
1.12% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.96mentions of Lufax in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.09) to $0.34 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.15 out of 5 stars

Finance Sector

196th out of 871 stocks

Nondepository Credit Institutions Industry

3rd out of 48 stocks

LU stock logo

About Lufax Stock (NYSE:LU)

Lufax Holding Ltd operates as a financial service empowering institution for small and micro businesses in China. The company offers loan products, including general unsecured loans and secured loans, as well as consumer finance loans. It also provides wealth management products, such as asset management plans, mutual fund products, private investment fund products, and trust products. The company was founded in 2005 and is headquartered in Shanghai, China.

LU Stock Price History

LU Stock News Headlines

Lufax (NYSE:LU) Price Target Cut to $2.75
Ex-CIA Advisor: “This is How Kamala will Rig the Election”
A former CIA advisor with close ties to the White House… Has just released this shocking expose on Kamala’s plan to stop Trump. Every American needs to prepare now…
Q2 2024 Lufax Holding Ltd Earnings Call
Ex-CIA Advisor: “This is How Kamala will Rig the Election”
A former CIA advisor with close ties to the White House… Has just released this shocking expose on Kamala’s plan to stop Trump. Every American needs to prepare now…
LU Jan 2025 3.000 put
Lufax Holding Ltd (0VU0.BE)
See More Headlines
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Company Calendar

Ex-Dividend for 8/6 Dividend
6/04/2024
Dividend Payable
8/06/2024
Last Earnings
8/21/2024
Today
9/07/2024
Next Earnings (Estimated)
11/11/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Nondepository credit institutions
Sub-Industry
Banking
Fax
N/A
Employees
36,215
Year Founded
2005

Price Target and Rating

Average Stock Price Target
$3.78
High Stock Price Target
$4.80
Low Stock Price Target
$2.75
Potential Upside/Downside
+67.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$125.31 million
Pretax Margin
-2.57%

Debt

Sales & Book Value

Annual Sales
$22.74 billion
Cash Flow
$0.37 per share
Book Value
$19.84 per share

Miscellaneous

Free Float
N/A
Market Cap
$1.30 billion
Optionable
Optionable
Beta
0.82
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Key Executives

  • Mr. Yong Suk Cho (Age 52)
    Co-CEO & Chairman of the Board
    Comp: $1.32M
  • Mr. Gregory Dean Gibb (Age 57)
    Co-CEO & Executive Director
    Comp: $1.03M
  • Mr. Jinliang Mao (Age 58)
    Chief Technology Officer
  • Ms. Zhuang Yan
    Chief Human Resources Officer
  • Ms. Younjeong Lim (Age 52)
    Chief Risk Officer
  • Ms. Xinyan Liu
    Head of Board Office and Capital Markets

LU Stock Analysis - Frequently Asked Questions

How have LU shares performed this year?

Lufax's stock was trading at $3.07 at the start of the year. Since then, LU stock has decreased by 26.4% and is now trading at $2.26.
View the best growth stocks for 2024 here
.

How were Lufax's earnings last quarter?

Lufax Holding Ltd (NYSE:LU) released its quarterly earnings data on Wednesday, August, 21st. The company reported ($0.19) earnings per share for the quarter, missing analysts' consensus estimates of $0.07 by $0.26. The firm had revenue of $822.36 million for the quarter. Lufax had a negative net margin of 8.70% and a negative trailing twelve-month return on equity of 2.66%.

When did Lufax's stock split?

Lufax's stock reverse split on Monday, December 18th 2023. The 1-4 reverse split was announced on Monday, November 20th 2023. The number of shares owned by shareholders was adjusted after the market closes on Friday, December 15th 2023. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.

Does Lufax have any subsidiaries?

Lufax subsidiaries include Chongqing Jin An Microloan Limited, Gem Alliance Limited, Gem Blazing Limited, Harmonious Splendor Limited, Hunan Ping An Puhui Microloan Co. Ltd., Jinjiong (Shenzhen) Technology Service Limited, Lufax Holding (Shenzhen) Technology Service Co. Ltd., and others.

When did Lufax IPO?

Lufax (LU) raised $2.2 billion in an IPO on Friday, October 30th 2020. The company issued 175,000,000 shares at $11.50-$13.50 per share. Goldman Sachs (Asia), BofA Securities, UBS Investment Bank, HSBC, China PA Securities (Hong Kong) Co., Morgan Stanley, CLSA and Jefferies served as the underwriters for the IPO and J.P. Morgan, BOCI, Haitong International, Stifel, China Renaissance and KeyBanc Capital Markets were co-managers.

Who are Lufax's major shareholders?

Lufax's top institutional investors include Baillie Gifford & Co. (2.44%), Renaissance Technologies LLC (0.47%), Acadian Asset Management LLC (0.35%) and E Fund Management Co. Ltd. (0.19%).

How do I buy shares of Lufax?

Shares of LU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:LU) was last updated on 9/7/2024 by MarketBeat.com Staff

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