Lufax (LU) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $3.97 to $4.15
• 50-Day Range: $2.17 to $4.15
• 52-Week Range: $2.00 to $4.94
• Volume: 4.13 million shs
• Average Volume: 4.24 million shs
• Market Capitalization: $2.31 billion
• P/E Ratio: N/A
• Dividend Yield: 2.98%
• Price Target: $3.78
• Consensus Rating: Hold

Lufax Stock Analysis - MarketRank™

Lufax scored higher than 45% of companies evaluated by MarketBeat, and ranked 648th out of 948 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Lufax has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Lufax has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Lufax are expected to grow in the coming year, from ($0.09) to $0.34 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Lufax is -28.78, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Lufax is -28.78, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Lufax has a P/B Ratio of 0.17. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.83% of the float of Lufax has been sold short.

Short Interest Ratio / Days to Cover

Lufax has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Lufax has recently decreased by 37.52%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Lufax pays a meaningful dividend of 3.01%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Lufax does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, Lufax will have a dividend payout ratio of 35.29% next year. This indicates that Lufax will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.83% of the float of Lufax has been sold short.

Short Interest Ratio / Days to Cover

Lufax has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Lufax has recently decreased by 37.52%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.49

News Sentiment

Lufax has a news sentiment score of 0.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.70 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Lufax this week, compared to 3 articles on an average week.

Search Interest

9 people have searched for LU on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

MarketBeat Follows

4 people have added Lufax to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Lufax insiders have not sold or bought any company stock.

Percentage Held by Institutions

69.14% of the stock of Lufax is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

LU Stock Analysis - Frequently Asked Questions

How have LU shares performed this year?

Lufax's stock was trading at $3.07 on January 1st, 2024. Since then, LU shares have increased by 31.3% and is now trading at $4.03.
View the best growth stocks for 2024 here.

How were Lufax's earnings last quarter?

Lufax Holding Ltd (NYSE:LU) announced its earnings results on Wednesday, August, 21st. The company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of $0.07 by $0.26. The business earned $822.36 million during 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 shares reverse split before market open 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 closing bell 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 these companies: 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 initial public offering on Friday, October 30th 2020. The company issued 175,000,000 shares at a price of $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 acted 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?

Top institutional investors of Lufax include SG Americas Securities LLC.

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.

Company Calendar

• Ex-Dividend for 8/6 Dividend: 6/04/2024
• Dividend Payable: 8/06/2024
• Last Earnings: 8/21/2024
• Today: 10/06/2024
• Next Earnings (Estimated): 11/11/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Nondepository credit institutions
• Sub-Industry: Banking
• Current Symbol: NYSE:LU
• CUSIP: N/A
• CIK: 1816007
• Web: www.lu.com
• Phone: 86-21-3863-6278
• 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: -6.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.14)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $125.31 million
• Net Margins: -8.70%
• Pretax Margin: -2.57%
• Return on Equity: -2.66%
• Return on Assets: -1.03%

Debt

• Debt-to-Equity Ratio: 0.08
• Current Ratio: 1.63
• Quick Ratio: 1.63

Sales & Book Value

• Annual Sales: $22.74 billion
• Price / Sales: 0.10
• Cash Flow: $0.64 per share
• Price / Cash Flow: 6.26
• Book Value: $23.10 per share
• Price / Book: 0.17

Miscellaneous

• Outstanding Shares: 573,540,000
• Free Float: N/A
• Market Cap: $2.31 billion
• Optionable: Optionable
• Beta: 0.85