Should I buy or sell Lufax stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lufax in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LU shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LU, but not buy additional shares or sell existing shares. View LU analyst ratings or view top-rated stocks .

What is Lufax's stock price target for 2024?

6 Wall Street research analysts have issued 1-year price objectives for Lufax's stock. Their LU share price targets range from $4.00 to $10.00. On average, they anticipate the company's stock price to reach $6.91 in the next year. This suggests a possible upside of 61.7% from the stock's current price. View analysts price targets for LU or view top-rated stocks among Wall Street analysts .

How have LU shares performed in 2024?

Lufax's stock was trading at $3.07 at the beginning of the year. Since then, LU shares have increased by 39.3% and is now trading at $4.2750. View the best growth stocks for 2024 here .

When is Lufax's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024. View our LU earnings forecast .

How can I listen to Lufax's earnings call?

Lufax will be holding an earnings conference call on Monday, April 22nd at 9:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "8644039".

How were Lufax's earnings last quarter?

Lufax Holding Ltd (NYSE:LU) released its earnings results on Thursday, March, 21st. The company reported ($0.21) earnings per share for the quarter, missing analysts' consensus estimates of ($0.03) by $0.18. The business had revenue of $965.76 million for the quarter, compared to analyst estimates of $1.06 billion. Lufax had a net margin of 2.59% and a trailing twelve-month return on equity of 0.94%.

How often does Lufax pay dividends? What is the dividend yield for Lufax?

Lufax announced a -- dividend on Tuesday, March 26th. Investors of record on Tuesday, June 4th will be paid a dividend of $0.156 per share on Tuesday, August 6th. This represents a dividend yield of 5.8%. The ex-dividend date of this dividend is Tuesday, June 4th. Read our dividend analysis for LU .

Is Lufax a good dividend stock?

Lufax (NYSE:LU) pays an annual dividend of $0.25 per share and currently has a dividend yield of 6.10%. LU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 108.70%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, LU will have a dividend payout ratio of 40.98% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for LU .

What ETFs hold Lufax's stock?

ETFs with the largest weight of Lufax (NYSE:LU) stock in their portfolio include Global X SuperDividend ETF (SDIV) , Amplify Emerging Markets FinTech ETF (EMFQ) , Global X FinTech Thematic ETF (FINX) , Invesco Golden Dragon China ETF (PGJ) , KraneShares CSI China Internet ETF (KWEB) and Global X MSCI China Financials ETF (CHIX) . Emerging Markets Internet & Ecommerce ETF (EMQQ) .

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 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.

Lufax (LU) raised $2.2 billion in an initial public offering 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 stock is owned by a number of institutional and retail investors. Top institutional shareholders include DGS Capital Management LLC (0.00%) and Diversified Trust Co (0.00%).

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 .

Does Lufax have any subsidiaries?

The following companies are subsidiares of Lufax: 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., Ping An Financing Guarantee (Tianjin) Co. Ltd., Ping An Puhui Enterprises Management Co. Ltd., Ping An Puhui Financing Guarantee Co. Ltd., Ping An Puhui Information Service Co. Ltd., Ping An Puhui Investment & Consulting Co. Ltd., Shenzhen Ping An Puhui Microloan Co. Ltd., Weikun (Shanghai) Technology Service Co. Ltd., and Wincon Hong Kong Investment Company Limited. Read More

NYSE:LU

Lufax (LU) Stock Price, News & Analysis

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$4.28

+0.12 (+2.89%)

(As of 04/18/2024 ET)

Compare

Today's Range: $4.19
▼
$4.32
50-Day Range: $2.29
▼
$4.92
52-Week Range: $2.11
▼
$8.04

Volume: 1.89 million shs
Average Volume: 5.09 million shs
Market Capitalization: $2.45 billion

P/E Ratio: 18.59
Dividend Yield: 5.85%
Price Target: $6.91

Get Lufax alerts:

Lufax MarketRank™ Stock Analysis

Analyst Rating: Hold
2.17 Rating Score
Upside/Downside: 61.7% Upside
$6.91 Price Target
Short Interest: Healthy
2.28% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.19
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 103.33%
From $0.30 to $0.61 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.

4.43 out of 5 stars

Finance Sector

197th out of 822 stocks

Nondepository Credit Institutions Industry

3rd out of 43 stocks

3.1

Analyst's Opinion

Consensus Rating
Lufax has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 2 buy ratings, 3 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Lufax has only been the subject of 1 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
2.28% 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 1.12%, indicating that investor sentiment is improving.

2.5

Dividend Strength

Dividend Leadership
Lufax is a leading dividend payer. It pays a dividend yield of 6.10%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Lufax has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Lufax is 108.70%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Lufax will have a dividend payout ratio of 40.98% next year. This indicates that Lufax will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LU.

2.9

News and Social Media Coverage

News Sentiment
Lufax has a news sentiment score of 0.19. 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 0.57 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Lufax this week, compared to 2 articles on an average week.
Search Interest
18 people have searched for LU on MarketBeat in the last 30 days. This is an increase of 125% 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 300% compared to the previous 30 days.

1.7

Company Ownership

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.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Lufax are expected to grow by 103.33% in the coming year, from $0.30 to $0.61 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Lufax is 18.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.54.
Price to Earnings Ratio vs. Sector
The P/E ratio of Lufax is 18.59, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 60.17.
Price to Book Value per Share Ratio
Lufax has a P/B Ratio of 0.19. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Lufax Stock (NYSE:LU)

Lufax Holding Ltd operates a technology-empowered personal financial services platform in China. The company offers loan products, including unsecured loans and secured loans, as well as consumer finance loans. It also provides wealth management platforms, such as Lufax (Lu.com), Lu International (Singapore), and Lu International (Hong Kong) to the middle class and affluent investors to invest in products and portfolios; retail credit facilitation services platform that offers small business owners with lending solutions; and technology empowerment solutions for financial institutions. The company was founded in 2005 and is headquartered in Shanghai, China.

LU Stock Price History

30 days | 90 days | 365 days | Advanced Chart

LU Stock News Headlines

April 16, 2024 | finance.yahoo.com

Lufax to Announce First Quarter 2024 Financial Results on April 22, 2024

April 13, 2024 | americanbankingnews.com

Lufax (NYSE:LU) Trading Up 3.3%

April 18, 2024 | Priority Gold (Ad)

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April 11, 2024 | americanbankingnews.com

Lufax Holding Ltd (NYSE:LU) Receives Consensus Recommendation of "Hold" from Analysts

March 25, 2024 | markets.businessinsider.com

Investors Unimpressed By Massive Dividend From Shrinking Lufax

March 24, 2024 | barrons.com

Lufax Holding Ltd. ADR

March 24, 2024 | finance.yahoo.com

Lufax Holding Ltd (NYSE:LU) Analysts Are Reducing Their Forecasts For This Year

March 24, 2024 | morningstar.com

Lufax Holding Ltd ADR LU

April 18, 2024 | Darwin (Ad)

Your Next Portfolio Star: Revealing 2024's Top Stock Pick

March 23, 2024 | finance.yahoo.com

Lufax Holding Ltd (NYSE:LU) Q4 2023 Earnings Call Transcript

March 22, 2024 | seekingalpha.com

Lufax: Massive Special Dividend Overshadows Below-Expectations Results (Rating Upgrade)

March 22, 2024 | marketwatch.com

Lufax Holdings Shares Surge on Surprise Special Dividend

March 21, 2024 | markets.businessinsider.com

Here's what to expect from Lufax A's earnings report

March 21, 2024 | markets.businessinsider.com

Lufax is about to announce earnings — here's what Wall Street expects

March 21, 2024 | marketwatch.com

ADRs Edge Higher; Lufax Climbs Almost 46%

March 21, 2024 | msn.com

What's Going On With Lufax Stock?

March 21, 2024 | investorplace.com

LU Stock Earnings: Lufax Holding Misses EPS, Misses Revenue for Q4 2023

March 21, 2024 | benzinga.com

Lufax Holding: Q4 Earnings Insights

March 21, 2024 | msn.com

Lufax Holding misses top-line and bottom-line estimates; initiates FY24 outlook

March 21, 2024 | markets.businessinsider.com

Lufax Holding Posts Wider Loss In Q4 - Quick Facts

March 21, 2024 | finance.yahoo.com

Lufax Reports Fourth Quarter and Full Year 2023 Financial Results

March 21, 2024 | investorplace.com

Why Is Lufax (LU) Stock Up 46% Today?

March 18, 2024 | tmcnet.com

OneConnect Announces Fourth Quarter and Full Year Unaudited Financial Results

March 12, 2024 | finance.yahoo.com

Lufax to Announce Fourth Quarter and Fiscal Year 2023 Financial Results on March 21, 2024

March 1, 2024 | investorplace.com

Hidden Penny Gems: 7 Stocks With Triple-Digit Growth Prospects

February 29, 2024 | markets.businessinsider.com

Top 3 Financial Stocks That May Implode In February

February 24, 2024 | msn.com

The Week’s Investing News Roundup: Passive Income, Chinese Stocks, Dividends

See More Headlines

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Company Calendar

Last Earnings: 3/21/2024
Today: 4/18/2024
Next Earnings (Confirmed): 4/22/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Nondepository credit institutions
Sub-Industry: N/A
Current Symbol: NYSE:LU
CUSIP: N/A
CIK: 1816007
Web: www.lu.com
Phone: 86-21-3863-6278
Fax: N/A
Employees: 71,034
Year Founded: 2005

Price Target and Rating

Average Stock Price Target: $6.91
High Stock Price Target: $10.00
Low Stock Price Target: $4.00
Potential Upside/Downside: +61.2%
Consensus Rating: Hold
Rating Score (0-4): 2.17
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.23
Trailing P/E Ratio: 18.65
Forward P/E Ratio: 14.30
P/E Growth: N/A
Net Income: $125.31 million
Net Margins: 2.59%
Pretax Margin: 4.80%
Return on Equity: 0.94%
Return on Assets: 0.32%

Debt

Debt-to-Equity Ratio: 0.06
Current Ratio: 1.68
Quick Ratio: 1.59

Sales & Book Value

Annual Sales: $4.82 billion
Price / Sales: 0.51
Cash Flow: $3.90 per share
Price / Cash Flow: 1.10
Book Value: $23.10 per share
Price / Book: 0.19

Miscellaneous

Outstanding Shares: 573,160,000
Free Float: N/A
Market Cap: $2.46 billion
Optionable: Optionable
Beta: 0.88

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Key Executives

Mr. Yong Suk Cho (Age 52)
Co-CEO & Chairman of the Board
Comp: $1.39M
Mr. Gregory Dean Gibb (Age 57)
Co-CEO & Director
Comp: $979.28k
Mr. Siu Kam Choy (Age 49)
Chief Financial Officer
Mr. Jinliang Mao (Age 58)
Chief Technology Officer
Ms. Zhuang Yan
Chief Human Resources Officer
Mr. Yu Chen
Head of Board Office & Capital Markets
Ms. Younjeong Lim (Age 52)
Chief Risk Officer
Ms. Xinyan Liu
Head of Board Office and Capital Markets

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

LU Stock Analysis - Frequently Asked Questions

Should I buy or sell Lufax stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lufax in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LU shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LU, but not buy additional shares or sell existing shares.
View LU analyst ratings or view top-rated stocks.
What is Lufax's stock price target for 2024?: 6 Wall Street research analysts have issued 1-year price objectives for Lufax's stock. Their LU share price targets range from $4.00 to $10.00. On average, they anticipate the company's stock price to reach $6.91 in the next year. This suggests a possible upside of 61.7% from the stock's current price.
View analysts price targets for LU or view top-rated stocks among Wall Street analysts.
How have LU shares performed in 2024?: Lufax's stock was trading at $3.07 at the beginning of the year. Since then, LU shares have increased by 39.3% and is now trading at $4.2750.
View the best growth stocks for 2024 here.
When is Lufax's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024.
View our LU earnings forecast.
How can I listen to Lufax's earnings call?: Lufax will be holding an earnings conference call on Monday, April 22nd at 9:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "8644039".
How were Lufax's earnings last quarter?: Lufax Holding Ltd (NYSE:LU) released its earnings results on Thursday, March, 21st. The company reported ($0.21) earnings per share for the quarter, missing analysts' consensus estimates of ($0.03) by $0.18. The business had revenue of $965.76 million for the quarter, compared to analyst estimates of $1.06 billion. Lufax had a net margin of 2.59% and a trailing twelve-month return on equity of 0.94%.
How often does Lufax pay dividends? What is the dividend yield for Lufax?: Lufax announced a -- dividend on Tuesday, March 26th. Investors of record on Tuesday, June 4th will be paid a dividend of $0.156 per share on Tuesday, August 6th. This represents a dividend yield of 5.8%. The ex-dividend date of this dividend is Tuesday, June 4th.
Read our dividend analysis for LU.
Is Lufax a good dividend stock?: Lufax (NYSE:LU) pays an annual dividend of $0.25 per share and currently has a dividend yield of 6.10%. LU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 108.70%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, LU will have a dividend payout ratio of 40.98% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LU.

What ETFs hold Lufax's stock?: ETFs with the largest weight of Lufax (NYSE:LU) stock in their portfolio include Global X SuperDividend ETF (SDIV), Amplify Emerging Markets FinTech ETF (EMFQ), Global X FinTech Thematic ETF (FINX), Invesco Golden Dragon China ETF (PGJ), KraneShares CSI China Internet ETF (KWEB) and Global X MSCI China Financials ETF (CHIX).Emerging Markets Internet & Ecommerce ETF (EMQQ).
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 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.
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 $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 stock is owned by a number of institutional and retail investors. Top institutional shareholders include DGS Capital Management LLC (0.00%) and Diversified Trust Co (0.00%).
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.
Does Lufax have any subsidiaries?: The following companies are subsidiares of Lufax: 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., Ping An Financing Guarantee (Tianjin) Co. Ltd., Ping An Puhui Enterprises Management Co. Ltd., Ping An Puhui Financing Guarantee Co. Ltd., Ping An Puhui Information Service Co. Ltd., Ping An Puhui Investment & Consulting Co. Ltd., Shenzhen Ping An Puhui Microloan Co. Ltd., Weikun (Shanghai) Technology Service Co. Ltd., and Wincon Hong Kong Investment Company Limited.
Read More

This page (NYSE:LU) was last updated on 4/18/2024 by MarketBeat.com Staff

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Lufax (LU) Stock Price, News & Analysis

Lufax MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Lufax Stock (NYSE:LU)

LU Stock Price History

LU Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

LU Stock Analysis - Frequently Asked Questions

Overall MarketRank^™