China Life Insurance Company Limited (LFC) Shares: Cheap or Risky?

China Life Insurance Company Limited (NYSE:LFC) saw a downside of -0.23% to close Monday at $8.70 after subtracting -$0.02 on the day. The 5-day average trading volume is 845,320 shares of the company’s common stock. It has gained $8.86 in the past week. An average of 870,865 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 879,460.

LFC’s 1-month performance is 1.99% or $0.17 on its low of $7.85 reached on 09/20/21. The company’s shares have touched a 52-week low of $7.85 and high of $12.39, with the stock’s rally to the 52-week high happening on 01/21/21. YTD, LFC has lost -21.34% or -$2.36. However, the current price is down -29.78%% from the 52-week high price.


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Valuation Metrics

The company’s PE ratio for the last five years has touched a high of 45.54 and a low of 4.788. LFC stock has a beta of 1.02. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.82 while the price-to-book (PB) in the most recent quarter is 0.67, with the price to cash flow ratio at 2.34.

China Life Insurance Company Limited pays an annual dividend of $0.42 per share. Its dividend yield is 4.83%. LFC’s most recent quarterly dividend payment was made on Sep. 2, when it paid $0.4951 a share compared with prior rate of $0.5134, down -3.7% from last year’s. The company latest dividend decrease of $0.0183 reported on Wednesday June 30 2021. Measured over the last 3 years, the Dividend has been growing by 196.38% yearly.

It is projected that China Life Insurance Company Limited’s next ex-dividend date will be on 7-Jul. LFC is expected to distribute $0.330 as its next dividend.

Technical Picture

Let’s look briefly at China Life Insurance Company Limited (LFC) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 69.93% to suggest the stock is trending Neutral, with historical volatility in this time period at 24.34%.

The stock’s 5-day moving average is $8.43, reflecting a +8.07% or $0.65 change from its current price. LFC is currently trading unch above its 20-day SMA, -16.10% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +4.32% and -18.77% respectively.

Stochastic %K and %D was 88.47% and 82.04% and the average true range (ATR) pointed at 0.17. The RSI (14) points at 61.94%, while the 14-day stochastic is at 80.78% with the period’s ATR at 0.16. The stock’s 9-day MACD Oscillator is pointing at 0.29 and 0.34 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for China Life Insurance Company Limited (NYSE: LFC), CLSA upgraded it to an Outperform rating. They previously had an Underperform rating on the stock. Analysts offering their rating for LFC stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate LFC as a “sell,”, while 1 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 2 have offered a “buy” rating.

What is LFC’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $26.00 and a high of $26.00, with their median price target at $26.00. Looking at these predictions, the average price target given by analysts is for China Life Insurance Company Limited (LFC) stock is $26.00.

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