With 5.63 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.38 million shares. The 52-week range on LU shows that it touched its highest point at $4.15 and its lowest point at $1.12 during that stretch. It currently has a 1-year price target of $3.09. Beta for the stock currently stands at 0.89.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LU was up-trending over the past week, with a rise of 13.14%, but this was up by 11.51% over a month. Three-month performance surged to 35.96% while six-month performance rose 16.54%. The stock gained 170.61% in the past year, while it has gained 29.71% so far this year. A look at the trailing 12-month EPS for LU yields -0.76 with Next year EPS estimates of 0.24. For the next quarter, that number is -0.03. This implies an EPS growth rate of -384.53% for this year and 139.17% for next year. EPS is expected to grow by 30.80% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -42.05%.
Float and Shares Shorts:
At present, 838.06 million LU shares are outstanding with a float of 838.02 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LU since 10 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$3.89258 being high and -$5.50926 being low. For LU, this leads to a yearly average estimate of -$4.3773. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
