Lloyds Banking Group plc ADR (LYG) Stock Could Soon Reward Patient Investors

Lloyds Banking Group plc ADR (NYSE: LYG) is -13.81% lower on its value in year-to-date trading and has touched a low of $1.88 and a high of $2.63 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LYG stock was last observed hovering at around $2.05 in the last trading session, with the day’s gains setting it 0.01%.

Currently trading at $2.06, the stock is -3.60% and -8.62% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.42 million and changing 0.49% at the moment leaves the stock -5.76% off its SMA200. LYG registered -20.46% loss for a year compared to 6-month gain of -3.74%.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.

The stock witnessed a -13.08% loss in the last 1 month and extending the period to 3 months gives it a 1.98%, and is -2.37% 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 1.76% over the week and 1.98% over the month.

Lloyds Banking Group plc ADR (LYG) has around Aug 04 2023 employees, a market worth around $32.83B and $29.88B in sales. Fwd P/E is 6.09. Profit margin for the company is 22.57%. Distance from 52-week low is 9.57% and -21.67% from its 52-week high. The company has generated returns on investments over the last 12 months (12.28%).

Lloyds Banking Group plc ADR quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to grow by 10.30% this year.

Lloyds Banking Group plc ADR (LYG) Top Institutional Holders

417 institutions hold shares in Lloyds Banking Group plc ADR (LYG), with institutional investors hold 2.02% of the company’s shares. The shares outstanding are 16.74B, and float is at 15.93B with Short Float at 0.05%. Institutions hold 2.02% of the Float.

The top institutional shareholder in the company is Macquarie Group Limited with over 26.57 million shares valued at $58.46 million. The investor’s holdings represent 0.17% of the LYG Shares outstanding. As of Jun 29, 2023, the second largest holder is Mondrian Investment Partners Ltd with 26.8 million shares valued at $58.95 million to account for 0.17% of the shares outstanding. The other top investors are JP Morgan Chase & Company which holds 23.07 million shares representing 0.15% and valued at over $50.76 million, while Goldman Sachs Group Inc holds 0.13% of the shares totaling 20.31 million with a market value of $44.67 million.

Lloyds Banking Group plc ADR (LYG): Who are the competitors?

The company’s main competitors (and peers) include Banco Santander S.A. ADR (SAN) that is trading 7.03% up over the past 12 months. Royal Bank of Canada (RY) that is -6.53% lower over the same period.