Lloyds: Reiterate Buy After 18% Correction And Before 2020 Stabilization [Seeking Alpha]
Lloyds Banking Group Plc American Depositary Shares (LYG)
US:NYSE Investor Relations:
lloydsbankinggroup.com/investors
Company Research
Source: Seeking Alpha
Summary Lloyds' share price has continued to be volatile, having risen approx. 40% from August to December in 2019, then falling by 18% since. 2019 results released on Thursday were disappointing, with declines in revenues, profits as well as the underlying Return on Tangible Equity. However, 2020 guidance implies a stabilisation of the Net Interest Margin from the 19Q4 exit rate, and the U.K. mortgage market has improved. We expect future earnings to be flat or slightly-falling, with small Net Interest Margin declines offset by cost savings, implying a April 2019 BCS RBS HSBC Buy Case Recap Our Buy case has been based on what we see as a good risk/reward balance, with a double-digit average annual return in the upside case, and a secure mid-single-digit Dividend Yield in the downside case. In the original Reality has so far proved somewhere in between, with NIM declining faster than expected and ROTE deteriorating slightly, but earnings still implying a less than 10x P/E in 2020 and
Show less
Read more
Impact Snapshot
Event Time:
LYG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LYG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LYG alerts
High impacting Lloyds Banking Group Plc American Depositary Shares news events
Weekly update
A roundup of the hottest topics
LYG
News
- BTR project of Basildon's town centre in UK receives $93m development loan [Yahoo! Finance]Yahoo! Finance
- Pullman Danang Beach Resort Unveils Newly Renovated Grand Ballroom [Yahoo! Finance Canada]Yahoo! Finance Canada
- Barclays loses car finance mis-selling cases in blow for banks [Yahoo! Finance]Yahoo! Finance
- International MICE Summit (IMS) opening day delivers transformation, 19 announcements to drive event industry growth in the Kingdom [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- International MICE Summit (IMS) opening day delivers transformation, 19 announcements to drive event industry growth in the Kingdom [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
LYG
Sec Filings
- 12/20/24 - Form 6-K
- 12/19/24 - Form 6-K
- 12/19/24 - Form 6-K
- LYG's page on the SEC website