Lloyds Banking Group plc (NYSE: LYG) is -0.51% lower on its value in year-to-date trading and has touched a low of $1.17 and a high of $3.32 in the current 52-week trading range. The LYG stock was last observed hovering at around $1.98 in the last trading session, with the day’s loss setting it -0.03% off its average median price target of $2.04 for the next 12 months. It is also 20.08% off the consensus price target high of $2.44 offered by 23 analysts, but current levels are -18.18% lower than the price target low of $1.65 for the same period.
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Currently trading at $1.95, the stock is 2.09% and 8.24% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.15 million and changing -1.52% at the moment leaves the stock 26.81% off its SMA200. LYG registered -40.73% loss for a year compared to 6-month gain of 34.48%. The firm has a 50-day simple moving average (SMA 50) of $1.9300 and a 200-day simple moving average (SMA200) of $1.5504.
The stock witnessed a 0.00% loss in the last 1 month and extending the period to 3 months gives it a 40.29%, and is -0.51% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.81% over the week and 3.11% over the month.
Lloyds Banking Group plc (LYG) has around 63069 employees, a market worth around $35.02B and $21.84B in sales. Current P/E ratio is 88.64 and Fwd P/E is 7.12. Distance from 52-week low is 66.67% and -41.18% from its 52-week high. The company has generated returns on investments over the last 12 months (4.60%).
Lloyds Banking Group plc (LYG) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Lloyds Banking Group plc (LYG) is a “Overweight”. 23 analysts offering their recommendations for the stock have an average rating of 4.00, where 7 rate it as a Hold and 3 think it is a “Overweight”. 10 of the analysts rate the stock as a “Buy”. 2 analysts have rated the stock as a Sell or Underperform.
Lloyds Banking Group plc is expected to release its quarterly report on 04/28/2021 and quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to shrink by -37.30% this year.
Lloyds Banking Group plc (LYG) Top Institutional Holders
233 institutions hold shares in Lloyds Banking Group plc (LYG), with institutional investors hold 1.43% of the company’s shares. The shares outstanding are 17.96B, and float is at 17.35B with Short Float at 0.02%. Institutions hold 1.43% of the Float.
The top institutional shareholder in the company is JP Morgan Chase & Company with over 37.64 million shares valued at $48.93 million. The investor’s holdings represent 0.21% of the LYG Shares outstanding. As of Sep 29, 2020, the second largest holder is Macquarie Group Limited with 32.03 million shares valued at $41.63 million to account for 0.18% of the shares outstanding. The other top investors are Mondrian Investment Partners Ltd which holds 25.01 million shares representing 0.14% and valued at over $32.51 million, while Bank of Montreal/Can/ holds 0.08% of the shares totaling 15.02 million with a market value of $19.53 million.
Lloyds Banking Group plc (LYG): Who are the competitors?
The company’s main competitors (and peers) include Banco Santander S.A. (SAN) that is -13.65% lower over the past 12 months. Royal Bank of Canada (RY) is 6.70% up on the 1-year trading charts. Short interest in the company’s stock has risen 7.16% from the last report on Nov 12, 2020 to stand at a total of 3.37 million short shares sold with a short interest ratio of 0.53.