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

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$9.20 +0.24 (+2.68 %)
(As of 01/17/2019 03:29 AM ET)
Previous Close$8.96
Today's Range$8.99 - $9.30
52-Week Range$6.48 - $20.00
Volume161,100 shs
Average Volume176,327 shs
Market Capitalization$1.43 billion
P/E Ratio41.82
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

Industry Nondepository credit institutions
Sub-IndustryN/A
SectorFinance
CUSIPN/A
PhoneN/A

Debt

Current Ratio1.11
Quick Ratio1.10

Price-To-Earnings

Sales & Book Value

Annual Sales$857.97 million
Price / Sales1.76
Cash Flow$0.3274 per share
Price / Cash Flow28.10
Book Value$1.60 per share
Price / Book5.75

Profitability

Net Income$36.94 million
Net Margins15.33%
Return on Assets7.11%

Miscellaneous

Employees2,518
Market Cap$1.43 billion
OptionableOptionable

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) posted its quarterly earnings data on Wednesday, November, 14th. The company reported $1.93 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.24 by $1.69. The company earned $1.69 billion during the quarter, compared to analyst estimates of $1.65 billion. LexinFintech had a return on equity of 47.96% and a net margin of 15.33%. The business's revenue for the quarter was up 16.6% on a year-over-year basis. View LexinFintech's Earnings History.

When is LexinFintech's next earnings date?

LexinFintech is scheduled to release their next quarterly earnings announcement on Tuesday, March 19th 2019. View Earnings Estimates for LexinFintech.

What price target have analysts set for LX?

2 Wall Street analysts have issued 1 year target prices for LexinFintech's stock. Their predictions range from $18.00 to $18.00. On average, they anticipate LexinFintech's stock price to reach $18.00 in the next year. This suggests a possible upside of 95.7% 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LexinFintech.

Has LexinFintech been receiving favorable news coverage?

Media headlines about LX stock have trended positive this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. LexinFintech earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the company's share price in the near future.

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 36)
  • Mr. Jared Yi Wu, Pres & Director (Age 40)
  • Mr. Craig Yan Zeng, CFO & Director (Age 51)
  • Mr. Kris Qian Qiao, Chief Financing Cooperation Officer (Age 41)
  • Mr. Ryan Huanian Liu, Chief Risk Officer (Age 41)

When did LexinFintech IPO?

(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 served as the underwriters for the IPO and ICBC International was co-manager.

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 $9.20.

How big of a company is LexinFintech?

LexinFintech has a market capitalization of $1.43 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 2,518 workers across the globe.

What is LexinFintech's official website?

The official website for LexinFintech is http://www.fenqile.com.


MarketBeat Community Rating for LexinFintech (NASDAQ LX)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  107 (Vote Outperform)
Underperform Votes:  151 (Vote Underperform)
Total Votes:  258
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 1/17/2019 by MarketBeat.com Staff

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