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

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

LexinFintech is scheduled to release their next quarterly earnings announcement on Tuesday, March 19th 2019. View Earnings Estimates for LexinFintech.

2 brokers have issued 12-month price objectives for LexinFintech's stock. Their predictions range from $18.00 to $18.00. On average, they anticipate LexinFintech's share price to reach $18.00 in the next year. This suggests a possible upside of 79.3% from the stock's current price. View Analyst Price Targets 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.

News stories about LX stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog 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 daily sentiment score of 1.4 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future.

LexinFintech saw a drop in short interest in January. As of January 15th, there was short interest totalling 895,999 shares, a drop of 29.5% from the December 31st total of 1,271,360 shares. Based on an average trading volume of 177,896 shares, the short-interest ratio is presently 5.0 days. Currently, 0.9% of the company's shares are sold short. View LexinFintech's Current Options Chain.

Some companies that are related to LexinFintech include SBI (SBHGF), Green Dot (GDOT), 360 Finance (QFIN), Walker & Dunlop (WD), Qudian (QD), Mr. Cooper Group (COOP), Blucora (BCOR), X Financial (XYF), Yirendai (YRD), Weidai (WEI), Everi (EVRI), Curo Group (CURO), Wins Finance (WINS), On Deck Capital (ONDK) and CNFinance (CNF).

(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.

LexinFintech's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Discovery Value Fund (0.71%), Penserra Capital Management LLC (0.12%), Bank of America Corp DE (0.07%), Northern Trust Corp (0.04%), Raymond James & Associates (0.03%) and Geode Capital Management LLC (0.02%).

LX stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE.

LX stock was purchased by a variety of institutional investors in the last quarter, including Discovery Value Fund, Northern Trust Corp, Geode Capital Management LLC, Penserra Capital Management LLC, Barclays PLC, Raymond James & Associates and Bank of Montreal Can.

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 $10.04.

LexinFintech has a market capitalization of $1.65 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 2,518 workers across the globe.

The official website for LexinFintech is http://www.fenqile.com.