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NASDAQ:LX

LexinFintech (LX) Stock Price, News & Analysis

LexinFintech logo
$3.18
-0.02 (-0.63%)
(As of 10/31/2024 ET)

About LexinFintech Stock (NASDAQ:LX)

Key Stats

Today's Range
$3.05
$3.20
50-Day Range
$1.65
$3.69
52-Week Range
$1.56
$4.70
Volume
2.05 million shs
Average Volume
1.50 million shs
Market Capitalization
$521.11 million
P/E Ratio
4.74
Dividend Yield
3.78%
Price Target
$2.12
Consensus Rating
Hold

Company Overview

LexinFintech Holdings Ltd., through its subsidiaries, provides online consumer finance services in the People's Republic of China. The company operates Fenqile.com, an online consumption and consumer finance platform that offers installment purchase and personal installment loans, as well as online direct sales with installment payment terms; and Le Hua Card, a scenario-based lending. It also provides technology-driven platform services for financial institution customers and partners to increase revenues, manage financial risks, enhance operating efficiency and service quality, enhance collections, and reduce overall costs; Maiya application, a location-based services shopping experience with buy-now and pay-later options; and Juzi Licai, an online investment platform. In addition, the company offers technical support and consulting, software development, financing guarantee, and financial technology services. The company was formerly known as Staging Finance Holding Ltd. and changed its name to LexinFintech Holdings Ltd. in March 2017. LexinFintech Holdings Ltd. was founded in 2013 and is headquartered in Shenzhen, the People's Republic of China.

LexinFintech Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
48th Percentile Overall Score

LX MarketRank™: 

LexinFintech scored higher than 48% of companies evaluated by MarketBeat, and ranked 663rd out of 942 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    LexinFintech has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    LexinFintech has received no research coverage in the past 90 days.

  • Read more about LexinFintech's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of LexinFintech is 4.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.70.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of LexinFintech is 4.74, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.75.

  • Price to Book Value per Share Ratio

    LexinFintech has a P/B Ratio of 0.38. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about LexinFintech's valuation and earnings.
  • Percentage of Shares Shorted

    0.65% of the outstanding shares of LexinFintech have been sold short.
  • Short Interest Ratio / Days to Cover

    LexinFintech has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in LexinFintech has recently increased by 251.46%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    LexinFintech is a leading dividend payer. It pays a dividend yield of 4.06%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    LexinFintech does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of LexinFintech is 15.79%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about LexinFintech's dividend.
  • Percentage of Shares Shorted

    0.65% of the outstanding shares of LexinFintech have been sold short.
  • Short Interest Ratio / Days to Cover

    LexinFintech has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in LexinFintech has recently increased by 251.46%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    LexinFintech has a news sentiment score of 0.78. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for LexinFintech this week, compared to 1 article on an average week.
  • Search Interest

    11 people have searched for LX on MarketBeat in the last 30 days. This is an increase of 83% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added LexinFintech to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, LexinFintech insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    27.80% of the stock of LexinFintech is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Read more about LexinFintech's insider trading history.
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LX Stock Analysis - Frequently Asked Questions

LexinFintech's stock was trading at $1.84 at the beginning of 2024. Since then, LX stock has increased by 72.6% and is now trading at $3.1750.
View the best growth stocks for 2024 here
.

LexinFintech Holdings Ltd. (NASDAQ:LX) announced its earnings results on Tuesday, August, 27th. The company reported $0.19 EPS for the quarter. The company earned $500.98 million during the quarter. LexinFintech had a net margin of 5.80% and a trailing twelve-month return on equity of 8.16%.

LexinFintech (LX) raised $120 million in an initial public offering (IPO) on Thursday, December 21st 2017. The company issued 12,000,000 shares at $9.00-$11.00 per share. Goldman Sachs (Asia), BofA Merrill Lynch, Deutsche Bank Securities and China Renaissance served as the underwriters for the IPO and ICBC International was co-manager.

Top institutional shareholders of LexinFintech include SG Americas Securities LLC (0.03%).

Shares of LX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that LexinFintech investors own include Enovix (ENVX), Luminar Technologies (LAZR), Toast (TOST), Globant (GLOB), COMPASS Pathways (CMPS), Ginkgo Bioworks (DNA) and Marvell Technology (MRVL).

Company Calendar

Last Earnings
8/27/2024
Ex-Dividend for 10/18 Dividend
9/16/2024
Dividend Payable
10/18/2024
Today
10/31/2024
Next Earnings (Estimated)
11/27/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Nondepository credit institutions
Sub-Industry
Banking
Fax
N/A
Employees
4,268
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.12
High Stock Price Target
$2.12
Low Stock Price Target
$2.12
Potential Upside/Downside
-32.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$150.14 million
Pretax Margin
7.42%

Debt

Sales & Book Value

Annual Sales
$13.90 billion
Cash Flow
$0.95 per share
Book Value
$8.33 per share

Miscellaneous

Free Float
118,502,000
Market Cap
$515.37 million
Optionable
Optionable
Beta
0.56
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This page (NASDAQ:LX) was last updated on 10/31/2024 by MarketBeat.com Staff
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