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

$15.42 -1.06 (-6.43 %)
(As of 04/22/2018 04:00 PM ET)
Previous Close$15.42
Today's Range$15.15 - $16.59
52-Week Range$10.15 - $20.00
Volume352,616 shs
Average Volume347,568 shs
Market Capitalization$2.53 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A

About LexinFintech (NASDAQ:LX)

LexinFintech Holdings Ltd., through its subsidiaries, operates as an online consumer finance platform for young adults in China. The company operates Fenqile, an online consumer finance platform that offers personal installment loans, installment purchase loans, and other loan products. 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, China.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.10%
Current Ratio0.99%
Quick Ratio0.98%

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E Growth0.09

Sales & Book Value

Annual Sales$857.97 million
Price / Sales2.94
Cash FlowN/A
Price / CashN/A
Book Value$1.60 per share
Price / Book9.64

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Employees2,566
Outstanding Shares163,860,000

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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 (NASDAQ:LX) announced its quarterly earnings data 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.

What price target have analysts set for LX?

2 equities research analysts have issued 1 year price objectives for LexinFintech's shares. Their forecasts range from $21.00 to $21.80. On average, they anticipate LexinFintech's stock price to reach $21.40 in the next twelve months. View Analyst Ratings for LexinFintech.

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, CEO & Director (Age 35)
  • Mr. Jared Yi Wu, Pres & Director (Age 39)
  • Mr. Craig Yan Zeng, CFO & Director (Age 50)
  • Ms. Luping Le, Chief Operation Officer (Age 38)
  • Mr. Kris Qian Qiao, Chief Financing Cooperation Officer (Age 40)

When did LexinFintech IPO?

(LX) raised $120 million in an 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.

When does the company's lock-up period expire?

LexinFintech's lock-up period expires on Tuesday, June 19th. LexinFintech had issued 12,000,000 shares in its IPO 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 the company's lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Has LexinFintech been receiving favorable news coverage?

News articles about LX stock have been trending somewhat positive this week, according to Accern Sentiment. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. LexinFintech earned a daily sentiment score of 0.11 on Accern's scale. They also assigned news stories about the company an impact score of 46.18 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

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 $15.42.

How big of a company is LexinFintech?

LexinFintech has a market capitalization of $2.53 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.


MarketBeat Community Rating for LexinFintech (LX)

Community Ranking:  1.3 out of 5 (star)
Outperform Votes:  9 (Vote Outperform)
Underperform Votes:  26 (Vote Underperform)
Total Votes:  35
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.

Analyst Ratings

LexinFintech (NASDAQ:LX) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
2 Wall Street analysts have issued ratings and price targets for LexinFintech in the last 12 months. Their average twelve-month price target is $21.40, suggesting that the stock has a possible upside of 38.78%. The high price target for LX is $21.80 and the low price target for LX is $21.00. There are currently 2 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyN/A
Consensus Rating Score: 3.003.003.00N/A
Ratings Breakdown: 0 Sell Rating(s)
0 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $21.40$21.40$21.40N/A
Price Target Upside: 38.78% upside54.07% upside54.07% upsideN/A

LexinFintech (NASDAQ:LX) Consensus Price Target History

Price Target History for LexinFintech (NASDAQ:LX)

LexinFintech (NASDAQ:LX) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/16/2018Deutsche BankInitiated CoverageBuy$21.00HighView Rating Details
1/14/2018Goldman SachsInitiated CoverageBuy -> Buy$21.80HighView Rating Details
(Data available from 4/22/2016 forward)

Earnings

LexinFintech (NASDAQ:LX) Earnings History and Estimates Chart

Earnings by Quarter for LexinFintech (NASDAQ:LX)

LexinFintech (NASDAQ:LX) Earnings Estimates

Current Year EPS Consensus Estimate: $1.36 EPS

LexinFintech (NASDAQ LX) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/20/2018Before Market$0.05$244.95 millionViewListenView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

LexinFintech (NASDAQ:LX) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

LexinFintech (NASDAQ LX) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 6.43%
Insider Trading History for LexinFintech (NASDAQ:LX)
Institutional Ownership by Quarter for LexinFintech (NASDAQ:LX)

LexinFintech (NASDAQ LX) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
(Data available from 1/1/2013 forward)

Headlines

LexinFintech (NASDAQ LX) News Headlines

Source:
DateHeadline
LexinFintech to Invest RMB1 Billion in Partner Cooperation over Next Three YearsLexinFintech to Invest RMB1 Billion in Partner Cooperation over Next Three Years
finance.yahoo.com - April 19 at 9:28 AM
Technology is Transforming Chinas Consumer Finance Market, Lexin Tells LendIt Fintech USATechnology is Transforming China's Consumer Finance Market, Lexin Tells LendIt Fintech USA
www.prnewswire.com - April 9 at 9:57 PM
LexinFintech Holdings (LX) CEO Jay Wenjie Xiao on Q4 2017 Results - Earnings Call TranscriptLexinFintech Holdings' (LX) CEO Jay Wenjie Xiao on Q4 2017 Results - Earnings Call Transcript
seekingalpha.com - April 9 at 9:42 AM
LexinFintech to Attend LendIt Fintech USA 2018LexinFintech to Attend LendIt Fintech USA 2018
finance.yahoo.com - April 3 at 9:47 AM
LexinFintech (LX) Earns Buy Rating from Analysts at Deutsche BankLexinFintech (LX) Earns Buy Rating from Analysts at Deutsche Bank
www.americanbankingnews.com - March 28 at 3:14 PM
LexinFintech Holdings Ltd.: Lexin Appoints Two New Directors to Expand BoardLexinFintech Holdings Ltd.: Lexin Appoints Two New Directors to Expand Board
www.finanznachrichten.de - March 22 at 9:44 AM
Lexin Appoints Two New Directors to Expand BoardLexin Appoints Two New Directors to Expand Board
feeds.benzinga.com - March 21 at 11:33 PM
LexinFintech (LX) Releases Quarterly  Earnings ResultsLexinFintech (LX) Releases Quarterly Earnings Results
www.americanbankingnews.com - March 21 at 10:06 PM
Lexinfintech posts 4Q profitLexinfintech posts 4Q profit
finance.yahoo.com - March 20 at 9:40 AM
LexinFintech Holdings Ltd. Reports Fourth Quarter and Full Year 2017 Unaudited Financial ResultsLexinFintech Holdings Ltd. Reports Fourth Quarter and Full Year 2017 Unaudited Financial Results
globenewswire.com - March 20 at 9:40 AM
LexinFintech (LX) Set to Announce Quarterly Earnings on TuesdayLexinFintech (LX) Set to Announce Quarterly Earnings on Tuesday
www.americanbankingnews.com - March 14 at 12:20 PM
LexinFintech Holdings Ltd. to Report Fourth Quarter and Full Year 2017 Financial Results on March 20, 2018LexinFintech Holdings Ltd. to Report Fourth Quarter and Full Year 2017 Financial Results on March 20, 2018
finance.yahoo.com - March 13 at 9:48 AM
JD.com-Backed LexinFintech IPO Booms As 'Buy Now, Pay Later' Sweeps ChinaJD.com-Backed LexinFintech IPO Booms As 'Buy Now, Pay Later' Sweeps China
finance.yahoo.com - March 9 at 10:01 AM
LexinFintech Holdings Ltd - (LX) Short Interest UpdateLexinFintech Holdings Ltd - (LX) Short Interest Update
www.americanbankingnews.com - February 11 at 1:32 AM
Rising Use of Installment Payments in China is a New Engine for Consumption, LexinFintech Study FindsRising Use of Installment Payments in China is a New Engine for Consumption, LexinFintech Study Finds
finance.yahoo.com - January 25 at 9:09 AM
Stock Market Momentum Continues, Beat Goes OnStock Market Momentum Continues, Beat Goes On
finance.yahoo.com - January 23 at 4:05 PM
LexinFintech Holdings Ltd -s Quiet Period Will Expire  on January 30th (NASDAQ:LX)LexinFintech Holdings Ltd -'s Quiet Period Will Expire on January 30th (NASDAQ:LX)
www.americanbankingnews.com - January 23 at 1:28 AM
LexinFintech (LX) Earns Buy Rating from Analysts at Goldman Sachs GroupLexinFintech (LX) Earns Buy Rating from Analysts at Goldman Sachs Group
www.americanbankingnews.com - January 14 at 8:50 PM

SEC Filings

LexinFintech (NASDAQ:LX) SEC Filings

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Social Media

Financials

Financials are not available for this stock.

Chart

LexinFintech (NASDAQ LX) Stock Chart for Sunday, April, 22, 2018

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This page was last updated on 4/22/2018 by MarketBeat.com Staff

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