NASDAQ:LX - LexinFintech Stock Price, Price Target & More

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

LexinFintech Holdings (NASDAQ:LX) announced its earnings results on Tuesday, March, 20th. The company reported $0.05 EPS for the quarter. The firm had revenue of $244.95 million for the quarter. View LexinFintech's Earnings History.

2 Wall Street analysts have issued 12-month price targets for LexinFintech's shares. Their predictions range from $21.00 to $21.80. On average, they expect LexinFintech's share price to reach $21.40 in the next twelve months. View Analyst Ratings for LexinFintech.

LexinFintech saw a decrease in short interest in April. As of April 13th, there was short interest totalling 758,689 shares, a decrease of 25.7% from the March 30th total of 1,020,559 shares. Based on an average daily volume of 262,628 shares, the short-interest ratio is presently 2.9 days. Currently, 0.8% of the company's shares are short sold.

Some companies that are related to LexinFintech include Ally Financial (ALLY), SBI (SBHGF), Qudian (QD), Green Dot (GDOT), Wins Finance (WINS), Blackhawk Network (HAWK), Yirendai (YRD), BLUCORA INC Common Stock (BCOR), Walker & Dunlop (WD), CURO Group (CURO), Hexindai (HX), Everi (EVRI), OnDeck Capital (ONDK), America First Tax Exempt Investors (ATAX) and Elevate Credit (ELVT).

(LX) raised $120 million in an initial public offering (IPO) 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 served as the underwriters for the IPO and ICBC International was co-manager.

LexinFintech's lock-up period expires on Tuesday, June 19th. LexinFintech had issued 12,000,000 shares in its initial public offering on December 21st. The total size of the offering was $108,000,000 based on an initial share price of $9.00. After the end of LexinFintech's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Headlines about LX stock have trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. LexinFintech earned a coverage optimism score of 0.03 on Accern's scale. They also assigned news stories about the company an impact score of 48.37 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

LexinFintech's stock is owned by a number of of institutional and retail investors. Top institutional investors include All Stars Investment Ltd (0.10%), Champlain Investment Partners LLC (0.05%) and Millennium Management LLC (0.01%). View Institutional Ownership Trends for LexinFintech.

LX stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC. View Insider Buying and Selling for LexinFintech.

LX stock was acquired by a variety of institutional investors in the last quarter, including All Stars Investment Ltd and Champlain Investment Partners LLC. View Insider Buying and Selling for 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.

One share of LX stock can currently be purchased for approximately $16.79.

LexinFintech has a market capitalization of $2.99 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 2,566 workers across the globe.