American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Investing

Lloyds share price outlook ahead of earnings: buy, sell, hold?

by admin April 24, 2025
April 24, 2025
Lloyds share price outlook ahead of earnings: buy, sell, hold?

Lloyds share price has continued rising this year, and is now hovering at its highest level since 2008. It jumped to a high of 72.65p, up by over 85% from its lowest level this year, giving it a market cap of over $54 billion, making it one of the biggest banks globally. This article provides a Lloyds stock forecast ahead of earnings. 

Lloyds share price analysis

The monthly chart shows that the LLOY stock price has staged a strong comeback, rising from a low of 9.9 in 2009 to the current 72.65p. 

It has moved above the important resistance level at 59.20p, the highest swing in 2015 and December 2019. This price is the upper side of the ascending triangle pattern, a highly popular bullish sign.

The Lloyds share price is hovering near the 38.2% Fibonacci Retracement level at 77.2p. Also, the two lines of the MACD indicator have moved above the zero line, while the Relative Strength Index (RSI) has moved above the overbought level. 

The Average Directional Index (ADX) has risen to 36, indicating that it is gaining momentum. 

Therefore, the stock will likely continue soaring as bulls target the next key resistance level to watch being at 76p, the 50% Fibonacci Retracement level. A move above that level will signal more gains, up to the 61.8% retracement point at 98.9p, up by 35% above the current level. A drop below the key support at 59.20p will invalidate the bullish outlook. 

LLOY stock chart | Source: TradingView

Lloyds Bank earnings ahead

The next important catalyst for the stock is its upcoming earnings, which will provide more insight into its business. 

The most recent financial results showed that its statutory profit after tax dropped to £4.5 billion in 2024. This decline happened after the company added more provisions to its motor insurance liability. It added £700 million in the fourth quarter, bringing the total provisions to £1.2 billion. 

The consensus estimate by analysts is that Lloyds net interest income rose to £3.25 billion in the last quarter. Its other income rose to £1.45 billion, bringing its net income for the quarter to £4.38 billion. 

Analysts also anticipate that the company will increase its impairment charge to £239 million. Also, they expect that the profit for the period are £1.12 billion. 

Lloyds share price has also done well because of its dividends and buybacks. It has boosted these payouts as it seeks to lower its risk-weighted provisions. Its CET1 ratio is expected to drop to 3.0% in the next financial year. 

The other potential catalyst for the Lloyds share price will be the upcoming Bank of England (BoE) interest rate decision. Economists expect the central bank to cut interest rates in its upcoming meetings. Lower interest rates affect banks’ earnings by slashing their net interest income. 

Lloyds stock price has also jumped in line with other European banks. For example, Barclays shares jumped to 300p, up from 120p last year. Other banks like HSBC, NatWest, Deutsche Bank, and Unicredit have all surged.

Read more: Move on Unicredit: Societe Generale stock is firing on all cylinders

The post Lloyds share price outlook ahead of earnings: buy, sell, hold? appeared first on Invezz

0
FacebookTwitterGoogle +Pinterest
previous post
Brief breather? Asian markets trade mixed despite US relief rally
next post
Nio stock analysis: is this Tesla rival a buy today?

Related Posts

USD/JPY forms a death cross: is the Japanese...

March 24, 2025

Here’s why the Hermes share price is soaring...

December 18, 2024

Top 3 Nasdaq 100 stocks rising as it...

April 4, 2025

Appia Rare Earths and Uranium Corp. to Present...

May 19, 2024

Tin Prices Surge to 21 Month High

April 16, 2024

Expensive Asana stock price could surge by 195%...

December 22, 2024

Silver North Announces Closing of Second Tranche of...

June 30, 2024

GBP/USD forecast: forms a giant cup and handle...

May 2, 2025

IonQ stock price forecast ahead of earnings: will...

February 25, 2025

Zimbabwe Shifts to Gold-backed Currency, Replacing Devalued Dollar

April 10, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • FBI raid on John Bolton’s home in Washington linked to classified documents

      August 25, 2025
    • Argentine senate deals blow to Milei’s austerity agenda with university budget boost

      August 25, 2025
    • Jackson Hole Symposium: what Powell said about economic effects of Trump’s tariffs

      August 25, 2025
    • At Jackson Hole, Fed Chair Powell signals possible cuts while warning of uncertainty

      August 25, 2025
    • Trump threatens to fire Fed Governor Lisa Cook amid mortgage fraud allegations

      August 25, 2025

    Categories

    • Business (3,763)
    • Investing (2,783)
    • Latest News (2,048)
    • Politics (1,530)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved