NASDAQ:LX

LexinFintech Stock Forecast, Price & News

$12.07
-0.71 (-5.56 %)
(As of 06/21/2021 02:16 PM ET)
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Today's Range
$11.67
$12.64
50-Day Range
$7.80
$12.86
52-Week Range
$6.04
$15.42
Volume166,348 shs
Average Volume2.25 million shs
Market Capitalization$2.20 billion
P/E Ratio8.16
Dividend YieldN/A
Beta0.87
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LexinFintech logo

About LexinFintech

LexinFintech Holdings Ltd., through its subsidiaries, operates as an online consumption and consumer finance platform for young professionals in the People's Republic of China. The company operates Fenqile.com, a consumption and consumer finance platform that offers installment purchase loans, personal installment loans, and other loan products, as well as provides online direct sales with installment payment terms; and Le Card, a membership platform, which offers savings, benefits, and membership privileges to food and beverage, apparel, hospitality, and leisure sectors. It also matches user loans with diversified funding sources, including individual investors on its Juzi Licai online investment platform, third-party commercial banks, consumer finance companies, institutional funding partners, investors of its asset-backed securities, and other licensed financial institutions. In addition, the company offers technical support and consulting services; Software development services; 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 incorporated in 2013 and is headquartered in Shenzhen, the People's Republic of China.

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MarketRank

Overall MarketRank

1.82 out of 5 stars

Finance Sector

584th out of 1,970 stocks

Nondepository Credit Institutions Industry

9th out of 58 stocks

Analyst Opinion: 2.5Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 4.4 5 -4 -3 -2 -1 -
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LexinFintech (NASDAQ:LX) Frequently Asked Questions

Is LexinFintech a buy right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LexinFintech in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LexinFintech stock.
View analyst ratings for LexinFintech
or view top-rated stocks.

What stocks does MarketBeat like better than LexinFintech?

Wall Street analysts have given LexinFintech a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but LexinFintech wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting LexinFintech?

LexinFintech saw a increase in short interest in May. As of May 28th, there was short interest totaling 1,950,000 shares, an increase of 32.7% from the May 13th total of 1,470,000 shares. Based on an average daily volume of 1,590,000 shares, the days-to-cover ratio is currently 1.2 days.
View LexinFintech's Short Interest
.

When is LexinFintech's next earnings date?

LexinFintech is scheduled to release its next quarterly earnings announcement on Tuesday, August 17th 2021.
View our earnings forecast for LexinFintech
.

How were LexinFintech's earnings last quarter?

LexinFintech Holdings Ltd. (NASDAQ:LX) released its quarterly earnings data on Monday, May, 31st. The company reported $3.72 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.76 by $1.96. LexinFintech had a trailing twelve-month return on equity of 37.40% and a net margin of 16.51%.
View LexinFintech's earnings history
.

How has LexinFintech's stock been impacted by Coronavirus?

LexinFintech's stock was trading at $9.70 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LX stock has increased by 23.7% and is now trading at $12.00.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for LX?

5 analysts have issued 12-month target prices for LexinFintech's shares. Their forecasts range from $11.50 to $18.00. On average, they anticipate LexinFintech's share price to reach $13.42 in the next year. This suggests a possible upside of 11.8% from the stock's current price.
View analysts' price targets for LexinFintech
or view top-rated stocks among Wall Street analysts.

Who are LexinFintech's key executives?

LexinFintech's management team includes the following people:
  • Mr. Wenjie Xiao, Chairman & CEO (Age 38)
  • Mr. Yi Wu, Pres & Director (Age 42)
  • Mr. Qian Qiao, Chief Financing Cooperation Officer, Director & Acting CFO (Age 43)
  • Mr. Yong Lu, Chief Technology Officer (Age 47)
  • Mr. Ming Zhao, Chief Marketing Officer (Age 46)
  • Ms. Yunwen Yang, Chief HR Officer (Age 50)
  • Mr. Yan Zeng, Sr. Consultant & Director (Age 53)
  • Mr. Huanian Liu, Sr. VP (Age 43)
  • Mr. Yang Qiao, VP
  • Mr. Tony Hung, Investor Contact

Who are some of LexinFintech's key competitors?

What other stocks do shareholders of LexinFintech own?

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

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 $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.

What is LexinFintech's stock symbol?

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

Who are LexinFintech's major shareholders?

LexinFintech's stock is owned by a number of retail and institutional investors. Top institutional investors include Oceanlink Management LTD. (8.63%), Cederberg Capital Ltd (4.39%), FIL Ltd (1.72%), BlackRock Inc. (1.14%), Dimensional Fund Advisors LP (0.84%) and Prince Street Capital Management LLC (0.57%).

Which major investors are selling LexinFintech stock?

LX stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Goldman Sachs Group Inc., Morgan Stanley, JPMorgan Chase & Co., Discovery Value Fund, Citigroup Inc., Canada Pension Plan Investment Board, and Nomura Holdings Inc..

Which major investors are buying LexinFintech stock?

LX stock was acquired by a variety of institutional investors in the last quarter, including Cederberg Capital Ltd, Oceanlink Management LTD., FIL Ltd, Prince Street Capital Management LLC, Tiger Pacific Capital LP, GAM Holding AG, Pinpoint Asset Management Ltd, and Millennium Management LLC.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is LexinFintech's stock price today?

One share of LX stock can currently be purchased for approximately $12.00.

How much money does LexinFintech make?

LexinFintech has a market capitalization of $2.18 billion and generates $1.78 billion in revenue each year. The company earns $91.18 million in net income (profit) each year or $0.48 on an earnings per share basis.

How many employees does LexinFintech have?

LexinFintech employs 3,313 workers across the globe.

What is LexinFintech's official website?

The official website for LexinFintech is www.lexin.com.

Where are LexinFintech's headquarters?

LexinFintech is headquartered at 27/F CES TOWER 3099 KE YUAN SOUTH ROAD NANSHAN DISTRICT, SHENZHEN F4, 518057.

How can I contact LexinFintech?

LexinFintech's mailing address is 27/F CES TOWER 3099 KE YUAN SOUTH ROAD NANSHAN DISTRICT, SHENZHEN F4, 518057. The company can be reached via phone at 86-755-3637-8888 or via email at [email protected]


This page was last updated on 6/21/2021 by MarketBeat.com Staff
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