NASDAQ:LX - LexinFintech Stock Price, News, & Analysis

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$11.25 +0.15 (+1.35 %)
(As of 08/20/2018 04:00 PM ET)
Previous Close$11.10
Today's Range$10.70 - $11.63
52-Week Range$9.55 - $20.00
Volume370,286 shs
Average Volume412,310 shs
Market Capitalization$2.04 billion
P/E Ratio51.82
Dividend YieldN/A
BetaN/A
LexinFintech Holdings Ltd., through its subsidiaries, operates as an online consumer finance platform for young adults in the People's Republic of China. The company operates Fenqile, an online consumer finance platform that offers personal installment loans, installment purchase loans, and other loan products, as well as Le Card credit line. It also matches customer loans with diversified funding sources, including individual investors on its Juzi Licai online investment platform, institutional funding partners in its direct lending programs, and investors of its asset-backed securities. 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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Nondepository credit institutions
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:LX
CUSIPN/A
PhoneN/A

Debt

Debt-to-Equity Ratio0.13
Current Ratio0.97
Quick Ratio0.96

Price-To-Earnings

Trailing P/E Ratio51.82
Forward P/E Ratio1.64
P/E GrowthN/A

Sales & Book Value

Annual Sales$857.97 million
Price / Sales2.15
Cash Flow$0.2816 per share
Price / Cash39.95
Book Value$1.60 per share
Price / Book7.03

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Employees2,566
Outstanding Shares163,860,000
Market Cap$2.04 billion

LexinFintech (NASDAQ:LX) Frequently Asked Questions

What is LexinFintech's stock symbol?

LexinFintech trades on the NASDAQ under the ticker symbol "LX."

When is LexinFintech's next earnings date?

LexinFintech is scheduled to release their next quarterly earnings announcement on Thursday, August, 23rd 2018. View Earnings Estimates for LexinFintech.

What price target have analysts set for LX?

2 equities research analysts have issued 1-year price objectives for LexinFintech's stock. Their predictions range from $21.00 to $21.80. On average, they anticipate LexinFintech's stock price to reach $21.40 in the next twelve months. This suggests a possible upside of 90.2% from the stock's current price. View Analyst Price Targets for LexinFintech.

What is the consensus analysts' recommendation for LexinFintech?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LexinFintech in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LexinFintech.

Who are some of LexinFintech's key competitors?

Who are LexinFintech's key executives?

LexinFintech's management team includes the folowing people:
  • Mr. Jay Wenjie Xiao, Chairman & CEO (Age 35)
  • Mr. Jared Yi Wu, Pres & Director (Age 39)
  • Mr. Craig Yan Zeng, CFO & Director (Age 50)
  • Mr. Kris Qian Qiao, Chief Financing Cooperation Officer (Age 40)
  • Mr. Ryan Huanian Liu, Chief Risk Officer (Age 40)

When did LexinFintech IPO?

(LX) raised $120 million in an 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.

Has LexinFintech been receiving favorable news coverage?

Media headlines about LX stock have trended somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. LexinFintech earned a media and rumor sentiment score of 0.11 on Accern's scale. They also gave news stories about the company an impact score of 45.59 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term. View Recent Headlines for LexinFintech.

Who are LexinFintech's major shareholders?

LexinFintech's stock is owned by many different of institutional and retail investors. Top institutional investors include Krane Funds Advisors LLC (0.24%), Bank of America Corp DE (0.06%), Jane Street Group LLC (0.02%) and Raymond James & Associates (0.01%).

Which major investors are buying LexinFintech stock?

LX stock was purchased by a variety of institutional investors in the last quarter, including Krane Funds Advisors LLC, Bank of America Corp DE, Jane Street Group LLC and Raymond James & Associates.

How do I buy shares of LexinFintech?

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

What is LexinFintech's stock price today?

One share of LX stock can currently be purchased for approximately $11.25.

How big of a company is LexinFintech?

LexinFintech has a market capitalization of $2.04 billion and generates $857.97 million in revenue each year. The company earns $36.94 million in net income (profit) each year or $0.22 on an earnings per share basis. LexinFintech employs 2,566 workers across the globe.


MarketBeat Community Rating for LexinFintech (NASDAQ LX)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  39 (Vote Outperform)
Underperform Votes:  56 (Vote Underperform)
Total Votes:  95
MarketBeat's community ratings are surveys of what our community members think about LexinFintech and other stocks. Vote "Outperform" if you believe LX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/20/2018 by MarketBeat.com Staff

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