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NASDAQ:LX

LexinFintech (LX) Stock Price, News & Analysis

$1.77
+0.02 (+1.14%)
(As of 07/26/2024 ET)
Today's Range
$1.73
$1.80
50-Day Range
$1.62
$1.90
52-Week Range
$1.56
$3.01
Volume
956,214 shs
Average Volume
413,613 shs
Market Capitalization
$290.51 million
P/E Ratio
2.33
Dividend Yield
6.78%
Price Target
$2.66

LexinFintech MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
50.3% Upside
$2.66 Price Target
Short Interest
Healthy
0.36% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.96mentions of LexinFintech in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.01 out of 5 stars

Finance Sector

248th out of 898 stocks

Nondepository Credit Institutions Industry

9th out of 53 stocks

LX stock logo

About LexinFintech Stock (NASDAQ:LX)

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.

LX Stock Price History

LX Stock News Headlines

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“Generational Bull Run” Incoming
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Lexinfintech (LX) Earnings Dates & Reports
Lexinfintech: Q4 Earnings Snapshot
See More Headlines
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Company Calendar

Ex-Dividend for 5/24 Dividend
4/17/2024
Last Earnings
5/23/2024
Dividend Payable
5/24/2024
Today
7/26/2024
Next Earnings (Estimated)
9/03/2024
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
$2.66
High Stock Price Target
$3.20
Low Stock Price Target
$2.12
Potential Upside/Downside
+50.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$150.14 million
Pretax Margin
8.87%

Debt

Sales & Book Value

Annual Sales
$1.84 billion
Cash Flow
$1.03 per share
Book Value
$8.33 per share

Miscellaneous

Free Float
118,502,000
Market Cap
$290.51 million
Optionable
Optionable
Beta
0.53
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Key Executives

  • Mr. Wenjie Xiao (Age 41)
    Chairman & CEO
  • Mr. Yi Wu (Age 45)
    President & Director
  • Mr. Xigui Zheng (Age 58)
    CFO & Director
  • Mr. Yong Lu (Age 50)
    Chief Technology Officer
  • Mandy Dong
    IR Director
  • Mr. Ming Zhao (Age 49)
    Chief Marketing Officer
  • Ms. Yunwen Yang (Age 53)
    Chief Human Resources Officer
  • Mr. Yan Zeng (Age 56)
    Senior Consultant
  • Mr. Jianbin Huang
    VP, CEO Assistant & Chairman of Lexin Philanthropy
  • Mr. Tony Hung
    Investor Contact

LX Stock Analysis - Frequently Asked Questions

How have LX shares performed this year?

LexinFintech's stock was trading at $1.84 on January 1st, 2024. Since then, LX shares have decreased by 3.8% and is now trading at $1.77.
View the best growth stocks for 2024 here
.

How were LexinFintech's earnings last quarter?

LexinFintech Holdings Ltd. (NASDAQ:LX) posted its quarterly earnings data on Thursday, May, 23rd. The company reported $0.17 earnings per share (EPS) for the quarter. The company had revenue of $449 million for the quarter. LexinFintech had a net margin of 7.02% and a trailing twelve-month return on equity of 9.63%.

When did LexinFintech IPO?

LexinFintech (LX) raised $120 million in an IPO 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.

Who are LexinFintech's major shareholders?

LexinFintech's top institutional shareholders include QRG Capital Management Inc. (0.02%) and Kathmere Capital Management LLC (0.01%).

How do I buy shares of LexinFintech?

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.

What other stocks do shareholders of LexinFintech own?

Based on aggregate information from My MarketBeat watchlists, some other companies that LexinFintech investors own include Marvell Technology (MRVL), NVIDIA (NVDA), Block (SQ), Alibaba Group (BABA), JD.com (JD), NeoGenomics (NEO) and Inseego (INSG).

This page (NASDAQ:LX) was last updated on 7/27/2024 by MarketBeat.com Staff

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