NASDAQ:LX - LexinFintech Stock Price, Price Target & More

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$15.06 -0.62 (-3.95 %)
(As of 06/21/2018 04:44 AM ET)
Previous Close$15.68
Today's Range$15.05 - $16.09
52-Week Range$10.15 - $20.00
Volume329,100 shs
Average Volume422,905 shs
Market Capitalization$2.80 billion
P/E Ratio68.45
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

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 Ratio68.45
Forward P/E Ratio2.20
P/E GrowthN/A

Sales & Book Value

Annual Sales$857.97 million
Price / Sales2.88
Cash Flow$0.2744 per share
Price / Cash54.88
Book Value$1.60 per share
Price / Book9.41

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

LexinFintech (NASDAQ:LX) Frequently Asked Questions

What is LexinFintech's stock symbol?

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

How were LexinFintech's earnings last quarter?

LexinFintech Holdings Ltd - (NASDAQ:LX) released its earnings results on Monday, May, 21st. The company reported $0.13 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.16 by $0.03. The firm earned $250.40 million during the quarter. View LexinFintech's Earnings History.

What price target have analysts set for LX?

2 brokers have issued 12 month price targets for LexinFintech's stock. Their forecasts range from $21.00 to $21.80. On average, they expect LexinFintech's stock price to reach $21.40 in the next year. 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, CEO & Director (Age 35)
  • Mr. Jared Yi Wu, Pres & Director (Age 39)
  • Mr. Craig Yan Zeng, CFO & Director (Age 50)
  • Ms. Luping Le, Chief Operation Officer (Age 38)
  • Mr. Kris Qian Qiao, Chief Financing Cooperation Officer (Age 40)

When did LexinFintech IPO?

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

When did the company's lock-up period expire?

LexinFintech's lock-up period expired on Tuesday, June 19th. LexinFintech had issued 12,000,000 shares in its public offering on December 21st. The total size of the offering was $108,000,000 based on an initial share price of $9.00. Since the end of the company's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company have been lifted.

Has LexinFintech been receiving favorable news coverage?

News stories about LX stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. LexinFintech earned a media sentiment score of 0.07 on Accern's scale. They also assigned news coverage about the company an impact score of 45.67 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Who are LexinFintech's major shareholders?

LexinFintech's stock is owned by many different of retail and institutional investors. Top institutional investors include All Stars Investment Ltd (0.10%), Champlain Investment Partners LLC (0.05%) and Millennium Management LLC (0.01%). View Institutional Ownership Trends for LexinFintech.

Which major investors are selling LexinFintech stock?

LX stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC. View Insider Buying and Selling for LexinFintech.

Which major investors are buying LexinFintech stock?

LX stock was bought by a variety of institutional investors in the last quarter, including All Stars Investment Ltd and Champlain Investment Partners LLC. View Insider Buying and Selling for LexinFintech.

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 $15.06.

How big of a company is LexinFintech?

LexinFintech has a market capitalization of $2.80 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 (LX)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  19 (Vote Outperform)
Underperform Votes:  31 (Vote Underperform)
Total Votes:  50
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 6/21/2018 by MarketBeat.com Staff

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