NASDAQ:LX - LexinFintech Stock Price, News & Analysis

$10.03
0.00 (0.00 %)
(As of 08/25/2019 04:00 PM ET)
Today's Range
$10.05
Now: $10.03
$10.34
50-Day Range
$9.91
MA: $10.90
$12.00
52-Week Range
$6.48
Now: $10.03
$14.66
Volume571,178 shs
Average Volume523,160 shs
Market Capitalization$1.64 billion
P/E Ratio6.27
Dividend YieldN/A
Beta1.99
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. Read More…

Industry, Sector and Symbol

Industry Nondepository credit institutions
Sub-IndustryN/A
SectorFinance
CUSIPN/A
CIKN/A
Phone86-755-3637-8888

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.10 billion
Cash Flow$1.7911 per share
Book Value$3.65 per share

Profitability

Net Income$287.59 million

Miscellaneous

Employees2,365
Market Cap$1.64 billion
Next Earnings DateN/A
OptionableOptionable

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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."

What price target have analysts set for LX?

4 equities research analysts have issued 1-year price targets for LexinFintech's shares. Their forecasts range from $12.60 to $18.00. On average, they anticipate LexinFintech's share price to reach $16.20 in the next twelve months. This suggests a possible upside of 61.5% from the stock's current price. View Analyst Price Targets for LexinFintech.

What is the consensus analysts' recommendation for LexinFintech?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LexinFintech in the last year. There are currently 4 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 stories about LX stock have trended positive this week, according to InfoTrie. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. LexinFintech earned a news sentiment score of 2.5 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the immediate future. View News Stories for LexinFintech.

Are investors shorting LexinFintech?

LexinFintech saw a drop in short interest in the month of July. As of July 31st, there was short interest totalling 704,100 shares, a drop of 8.9% from the June 30th total of 772,600 shares. Based on an average trading volume of 896,100 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.7% 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 NVIDIA (NVDA), Canopy Growth (CGC), Paypal (PYPL), Alibaba Group (BABA), Marijuana Company Of America (MCOA), Hon Hai Precision Industry (HNHPF), Adobe (ADBE), Qudian (QD), GW Pharmaceuticals PLC- (GWPH) and CVS Health (CVS).

Who are LexinFintech's key executives?

LexinFintech's management team includes the folowing 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 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.

Who are LexinFintech's major shareholders?

LexinFintech's stock is owned by many different of institutional and retail investors. Top institutional shareholders include TT International (3.28%), Bamco Inc. NY (1.25%), Renaissance Technologies LLC (0.95%), Bank of America Corp DE (0.68%), GAM Holding AG (0.64%) and Man Group plc (0.47%).

Which major investors are selling LexinFintech stock?

LX stock was sold by a variety of institutional investors in the last quarter, including TT International, Krane Funds Advisors LLC, Trexquant Investment LP, Morgan Stanley, New Silk Road Investment PTE Ltd., Bank of Montreal Can and Northern Trust Corp.

Which major investors are buying LexinFintech stock?

LX stock was acquired by a variety of institutional investors in the last quarter, including Bamco Inc. NY, Renaissance Technologies LLC, GAM Holding AG, Bank of America Corp DE, Tree Line Advisors Hong Kong Ltd., Acadian Asset Management LLC, Man Group plc and Price T Rowe Associates Inc. MD.

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 $10.03.

How big of a company is LexinFintech?

LexinFintech has a market capitalization of $1.64 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 2,365 workers across the globe.View Additional Information About LexinFintech.

What is LexinFintech's official website?

The official website for LexinFintech is http://ir.lexinfintech.com/.

How can I contact LexinFintech?

LexinFintech's mailing address is 27/F CES TOWER 3099 KE YUAN SOUTH ROAD NANSHAN DISTRICT, SHENZHEN F4, 518052. The company can be reached via phone at 86-755-3637-8888 or via email at [email protected]


MarketBeat Community Rating for LexinFintech (NASDAQ LX)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  163 (Vote Outperform)
Underperform Votes:  228 (Vote Underperform)
Total Votes:  391
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 8/25/2019 by MarketBeat.com Staff

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