NASDAQ:LXLexinFintech Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding LexinFintech Holdings Ltd - Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $8.53 +0.03 (+0.35 %) (As of 04/7/2020 03:39 AM ET) Add Compare Share Today's Range$8.36Now: $8.53▼$8.8750-Day Range$8.12MA: $10.45▼$13.4252-Week Range$7.92Now: $8.53▼$16.93Volume1.93 million shsAverage Volume1.93 million shsMarket Capitalization$1.50 billionP/E Ratio4.49Dividend YieldN/ABeta1.93 ProfileAnalyst RatingsAdvanced ChartEarningsInstitutional OwnershipHeadlinesOptions ChainSocial Media 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.com, a retail and online 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. It also matches customer 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 in its direct lending programs, investors of its asset-backed securities, and other licensed financial institutions. 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.Read More Beat the Market (BTM) Rank™ 3.4 Analyst's Opinion Consensus RatingLexinFintech has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.42, LexinFintech has a potential upside of 80.8% from its current price of $8.53.Amount of Analyst CoverageLexinFintech has only been the subject of 2 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesLexinFintech has received 221 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLexinFintech has received 271 “underperform” votes. (Add your “underperform” vote.)Community SentimentLexinFintech has received 55.08% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldLexinFintech does not currently pay a dividend.Dividend GrowthLexinFintech does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, LexinFintech insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 25.02% of the stock of LexinFintech is held by institutions. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for LexinFintech are expected to grow by 20.61% in the coming year, from $2.28 to $2.75 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LexinFintech is 4.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.86.Price to Earnings Ratio vs. SectorThe P/E ratio of LexinFintech is 4.49, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 12.12.Price to Earnings Growth RatioLexinFintech has a PEG Ratio of 0.21. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioLexinFintech has a P/B Ratio of 1.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.4Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 3.8 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.87 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Nondepository credit institutions Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:LX Previous Symbol CUSIPN/A CIKN/A Webhttp://ir.lexinfintech.com/ Phone86-755-3637-8888Debt Debt-to-Equity Ratio0.38 Current Ratio1.68 Quick Ratio1.67Price-To-Earnings Trailing P/E Ratio4.49 Forward P/E Ratio3.74 P/E Growth0.21 Sales & Book Value Annual Sales$1.52 billion Price / Sales0.98 Cash Flow$1.68 per share Price / Cash Flow5.08 Book Value$5.40 per share Price / Book1.58Profitability EPS (Most Recent Fiscal Year)$1.76 Net Income$329.59 million Net Margins22.77% Return on Equity43.48% Return on Assets16.15%Miscellaneous Employees2,365 Outstanding Shares175,620,000Market Cap$1.50 billion Next Earnings Date5/15/2020 (Estimated) OptionableOptionable Receive LX News and Ratings via Email Sign-up to receive the latest news and ratings for LX and its competitors with MarketBeat's FREE daily newsletter. NASDAQ:LX Rates by TradingView LexinFintech (NASDAQ:LX) Frequently Asked Questions How has LexinFintech's stock been impacted by COVID-19 (Coronavirus)? LexinFintech's stock was trading at $9.70 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, LX stock has decreased by 12.1% and is now trading at $8.53. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of LexinFintech? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LexinFintech in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for LexinFintech. When is LexinFintech's next earnings date? LexinFintech is scheduled to release its next quarterly earnings announcement on Friday, May 15th 2020. View our earnings forecast for LexinFintech. How were LexinFintech's earnings last quarter? LexinFintech Holdings Ltd - (NASDAQ:LX) posted its quarterly earnings results on Tuesday, March, 24th. The company reported $2.87 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.56 by $2.31. The company had revenue of $3.15 billion for the quarter, compared to analysts' expectations of $3.06 billion. LexinFintech had a net margin of 22.77% and a return on equity of 43.48%. LexinFintech's revenue was up 50.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.02 earnings per share. View LexinFintech's earnings history. What price target have analysts set for LX? 6 brokerages have issued 1-year price targets for LexinFintech's shares. Their forecasts range from $12.00 to $22.00. On average, they expect LexinFintech's stock price to reach $15.42 in the next twelve months. This suggests a possible upside of 80.8% from the stock's current price. View analysts' price targets for LexinFintech. Has LexinFintech been receiving favorable news coverage? News headlines about LX stock have been trending very negative on Tuesday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. LexinFintech earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutLexinFintech. Are investors shorting LexinFintech? LexinFintech saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 3,628,900 shares, an increase of 17.4% from the February 27th total of 3,090,000 shares. Based on an average daily volume of 1,779,300 shares, the days-to-cover ratio is currently 2.0 days. Currently, 3.5% of the company's stock are short sold. View LexinFintech's Current Options Chain. Who are some of LexinFintech's key competitors? Some companies that are related to LexinFintech include SBI (SBHGF), Green Dot (GDOT), 360 Finance (QFIN), Walker & Dunlop (WD), Blucora (BCOR), Mr. Cooper Group (COOP), Qudian (QD), Yirendai (YRD), America First Multifamily Investors (ATAX), CNFinance (CNF), Wins Finance (WINS), Oportun Financial (OPRT), Curo Group (CURO), X Financial (XYF) and Jiayin Group (JFIN). 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 Group (MRVL), Alibaba Group (BABA), Canopy Growth (CGC), NVIDIA (NVDA), NeoGenomics (NEO), Charlotte's Web (CWBHF), Hon Hai Precision Industry (HNHPF), Baidu (BIDU), Paypal (PYPL) and Nokia Oyj (NOK). Who are LexinFintech's key executives? LexinFintech's management team includes the following people: Mr. Wenjie Xiao, Chairman & CEO (Age 36)Mr. Yi Wu, Pres & Director (Age 40)Mr. Yan Zeng, CFO & Director (Age 51)Ms. Yunwen Yang, Chief HR Officer (Age 48)Mr. Qian Qiao, Chief Financing Cooperation 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 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." 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, Robinhood, Fidelity, and Charles Schwab. What is LexinFintech's stock price today? One share of LX stock can currently be purchased for approximately $8.53. How big of a company is LexinFintech? LexinFintech has a market capitalization of $1.50 billion and generates $1.52 billion in revenue each year. The company earns $329.59 million in net income (profit) each year or $1.76 on an earnings per share basis. LexinFintech employs 2,365 workers across the globe. View additional information about LexinFintech. What is LexinFintech's official website? The official website for LexinFintech is http://ir.lexinfintech.com/. How can I contact LexinFintech? LexinFintech's mailing address is 27/F CES TOWER 3099 KE YUAN SOUTH ROAD NANSHAN DISTRICT, SHENZHEN F4, 518052. The company can be reached via phone at 86-755-3637-8888 or via email at [email protected] This page was last updated on 4/7/2020 by MarketBeat.com StaffFeatured Article: Day Trading - Risk Worth the Reward?
