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

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$13.06 -0.39 (-2.90 %)
(As of 04/24/2019 10:06 AM ET)
Previous Close$13.45
Today's Range$12.99 - $13.47
52-Week Range$6.48 - $18.34
Volume7,743 shs
Average Volume765,148 shs
Market Capitalization$2.14 billion
P/E Ratio8.41
Dividend YieldN/A
Beta2.15
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
CIKN/A
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.10 billion
Cash Flow$0.2818 per share
Book Value$3.65 per share

Profitability

Net Income$287.59 million

Miscellaneous

Employees2,518
Market Cap$2.14 billion
Next Earnings Date5/20/2019 (Estimated)
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) released its quarterly earnings results on Thursday, March, 14th. The company reported $4.02 EPS for the quarter, topping the consensus estimate of $0.23 by $3.79. The business earned $2.09 billion during the quarter, compared to analyst estimates of $2.11 billion. LexinFintech had a return on equity of 58.62% and a net margin of 22.39%. The firm's quarterly revenue was up 31.4% 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 Monday, May 20th 2019. View Earnings Estimates for LexinFintech.

What price target have analysts set for LX?

2 brokerages have issued 12 month price objectives for LexinFintech's stock. Their forecasts range from $18.00 to $18.00. On average, they expect LexinFintech's share price to reach $18.00 in the next year. This suggests a possible upside of 37.8% 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?

News headlines about LX stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. LexinFintech earned a news impact score of -1.4 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the stock's share price in the next few days.

Are investors shorting LexinFintech?

LexinFintech saw a drop in short interest during the month of March. As of March 15th, there was short interest totalling 447,769 shares, a drop of 41.1% from the February 28th total of 759,903 shares. Based on an average trading volume of 795,725 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.4% of the company's shares are short sold. View LexinFintech's Current Options Chain.

Who are some of LexinFintech's key 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 Marijuana Company Of America (MCOA), Canopy Growth (CGC), NVIDIA (NVDA), Paypal (PYPL), Adobe (ADBE), Hon Hai Precision Industry (HNHPF), Micron Technology (MU), Qudian (QD), Yirendai (YRD) and Intel (INTC).

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)
  • Ms. Shirley Yang, Chief HR Officer
  • Mr. Kris 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 $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.

Who are LexinFintech's major shareholders?

LexinFintech's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include New Silk Road Investment PTE Ltd. (0.17%) and Segantii Capital Management Ltd (0.01%).

Which major investors are buying LexinFintech stock?

LX stock was purchased by a variety of institutional investors in the last quarter, including New Silk Road Investment PTE Ltd. and Segantii Capital Management Ltd.

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 $13.06.

How big of a company is LexinFintech?

LexinFintech has a market capitalization of $2.14 billion and generates $1.10 billion in revenue each year. The company earns $287.59 million in net income (profit) each year or $1.60 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:  2.0 out of 5 (star star)
Outperform Votes:  136 (Vote Outperform)
Underperform Votes:  198 (Vote Underperform)
Total Votes:  334
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 4/24/2019 by MarketBeat.com Staff

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