NASDAQ:LX LexinFintech Stock Forecast, Price & 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 $6.84 -0.06 (-0.87 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$6.68Now: $6.84▼$6.9950-Day Range$6.54MA: $7.97▼$8.9852-Week Range$6.45Now: $6.84▼$16.93Volume1.76 million shsAverage Volume1.91 million shsMarket Capitalization$1.20 billionP/E Ratio9.91Dividend YieldN/ABeta1.24 ProfileAnalyst RatingsChartCompetitorsEarningsInstitutional OwnershipHeadlinesOptions ChainShort InterestSocial 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™ 3.5 Analyst's Opinion Consensus RatingLexinFintech has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.07, LexinFintech has a forecasted upside of 91.1% from its current price of $6.84.Amount of Analyst CoverageLexinFintech has only been the subject of 3 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesLexinFintech has received 227 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLexinFintech has received 292 “underperform” votes. (Add your “underperform” vote.)Community SentimentLexinFintech has received 56.26% “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 22.80% of the stock of LexinFintech is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for LexinFintech are expected to grow by 290.63% in the coming year, from $0.64 to $2.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LexinFintech is 9.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.90.Price to Earnings Ratio vs. SectorThe P/E ratio of LexinFintech is 9.91, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.43.Price to Book Value per Share RatioLexinFintech has a P/B Ratio of 1.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 3.1 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.77 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 Webwww.lexin.com Phone86-755-3637-8888Debt Debt-to-Equity Ratio0.66 Current Ratio1.27 Quick Ratio1.26Price-To-Earnings Trailing P/E Ratio9.91 Forward P/E Ratio10.69 P/E GrowthN/A Sales & Book Value Annual Sales$1.52 billion Price / Sales0.79 Cash Flow$1.92 per share Price / Cash Flow3.57 Book Value$5.40 per share Price / Book1.27Profitability EPS (Most Recent Fiscal Year)$1.76 Net Income$329.59 million Net Margins8.34% Return on Equity18.53% Return on Assets5.03%Miscellaneous Employees3,227 Outstanding Shares175,620,000Market Cap$1.20 billion Next Earnings Date11/16/2020 (Estimated) OptionableOptionable $6.84 -0.06 (-0.87 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart 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. LexinFintech (NASDAQ:LX) Frequently Asked Questions How has LexinFintech's stock price 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 decreased by 29.5% and is now trading at $6.84. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of LexinFintech? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LexinFintech in the last year. There are currently 7 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 Monday, November 16th 2020. View our earnings forecast for LexinFintech. How were LexinFintech's earnings last quarter? LexinFintech Holdings Ltd - (NASDAQ:LX) released its quarterly earnings results on Tuesday, August, 18th. The company reported $2.21 EPS for the quarter, missing the consensus estimate of $2.25 by $0.04. The business had revenue of $2.96 billion for the quarter, compared to analysts' expectations of $2.53 billion. LexinFintech had a return on equity of 18.53% and a net margin of 8.34%. The business's revenue was up 18.7% compared to the same quarter last year. During the same period last year, the firm earned $3.69 earnings per share. View LexinFintech's earnings history. What price target have analysts set for LX? 7 analysts have issued 1 year price targets for LexinFintech's stock. Their forecasts range from $11.50 to $16.58. On average, they anticipate LexinFintech's stock price to reach $13.07 in the next year. This suggests a possible upside of 91.1% from the stock's current price. View analysts' price targets for LexinFintech. Are investors shorting LexinFintech? LexinFintech saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 4,700,000 shares, an increase of 13.8% from the May 31st total of 4,130,000 shares. Based on an average trading volume of 1,770,000 shares, the days-to-cover ratio is currently 2.7 days. View LexinFintech's Short Interest. Who are some of LexinFintech's key competitors? Some companies that are related to LexinFintech include Green Dot (GDOT), Mr. Cooper Group (COOP), 360 Finance (QFIN), Walker & Dunlop (WD), Tidewater (SII), Blucora (BCOR), Qudian (QD), Wins Finance (WINS), Oportun Financial (OPRT), Curo Group (CURO), Yirendai (YRD), America First Multifamily Investors (ATAX), CNFinance (CNF), Jiayin Group (JFIN) and Security National Financial (SNFCA). View all 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 Group (MRVL), NVIDIA (NVDA), Alibaba Group (BABA), Square (SQ), NeoGenomics (NEO), Inseego (INSG), JD.Com (JD), Canopy Growth (CGC), Baidu (BIDU) and Hon Hai Precision Industry (HNHPF). 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 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 many different retail and institutional investors. Top institutional shareholders include Goldman Sachs Group Inc. (2.89%), Vanguard Group Inc. (1.92%), Bank of America Corp DE (1.75%), Bamco Inc. NY (1.60%), UBS Group AG (1.38%) and FIL Ltd (1.36%). Which major investors are selling LexinFintech stock? LX stock was sold by a variety of institutional investors in the last quarter, including Krane Funds Advisors LLC, Discovery Value Fund, Goldman Sachs Group Inc., Two Sigma Advisers LP, Engineers Gate Manager LP, Schonfeld Strategic Advisors LLC, and US Bancorp DE. Which major investors are buying LexinFintech stock? LX stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., UBS Group AG, Barclays PLC, Canada Pension Plan Investment Board, Bamco Inc. NY, FMR LLC, FIL Ltd, and California Public Employees Retirement System. 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 $6.84. How big of a company is LexinFintech? LexinFintech has a market capitalization of $1.20 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 3,227 workers across the globe. What is LexinFintech's official website? The official website for LexinFintech is www.lexin.com. 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 9/19/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
