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

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$16.79 -0.02 (-0.12 %)
(As of 05/22/2018 04:00 PM ET)
Previous Close$16.79
Today's Range$16.75 - $17.25
52-Week Range$10.15 - $20.00
Volume287,508 shs
Average Volume429,233 shs
Market Capitalization$2.99 billion
P/E Ratio76.32
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 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
SymbolNASDAQ:LX
CUSIPN/A
PhoneN/A

Debt

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

Price-To-Earnings

Trailing P/E Ratio76.32
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$857.97 million
Price / Sales3.21
Cash Flow$0.2868 per share
Price / Cash58.55
Book Value$1.60 per share
Price / Book10.49

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

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 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.

What price target have analysts set for LX?

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.

Are investors shorting 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.

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 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.

When does LexinFintech's lock-up period expire?

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.

Has LexinFintech been receiving favorable news coverage?

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.

Who are LexinFintech's major shareholders?

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.

Which major investors are selling LexinFintech stock?

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.

Which major investors are buying LexinFintech stock?

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.

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 $16.79.

How big of a company is LexinFintech?

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.


MarketBeat Community Rating for LexinFintech (LX)

Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  14 (Vote Outperform)
Underperform Votes:  29 (Vote Underperform)
Total Votes:  43
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 27.46%. 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: 27.46% 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 5/22/2016 forward)

Earnings

LexinFintech (NASDAQ:LX) Earnings History and Estimates Chart

Earnings by Quarter for LexinFintech (NASDAQ:LX)

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: 6.30%
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
LexinFintechs (LX) CEO Jay Xiao on Q1 2018 Results - Earnings Call TranscriptLexinFintech's (LX) CEO Jay Xiao on Q1 2018 Results - Earnings Call Transcript
seekingalpha.com - May 21 at 4:26 PM
LexinFintech (LX) Posts  Earnings Results, Misses Estimates By $0.03 EPSLexinFintech (LX) Posts Earnings Results, Misses Estimates By $0.03 EPS
www.americanbankingnews.com - May 21 at 12:16 PM
Lexinfintech: 1Q Earnings SnapshotLexinfintech: 1Q Earnings Snapshot
www.cnbc.com - May 21 at 9:16 AM
LexinFintech (LX) Misses Q1 EPS by 5c, Beats on RevenuesLexinFintech (LX) Misses Q1 EPS by 5c, Beats on Revenues
www.streetinsider.com - May 21 at 9:16 AM
LexinFintech Holdings Ltd (NASDAQ:LX): What Are The Future Prospects?LexinFintech Holdings Ltd (NASDAQ:LX): What Are The Future Prospects?
finance.yahoo.com - May 21 at 9:16 AM
LexinFintech Holdings Ltd. Reports First Quarter 2018 Unaudited Financial ResultsLexinFintech Holdings Ltd. Reports First Quarter 2018 Unaudited Financial Results
www.prnewswire.com - May 21 at 6:10 AM
LexinFintech (LX) to Release Earnings on MondayLexinFintech (LX) to Release Earnings on Monday
www.americanbankingnews.com - May 15 at 11:38 AM
LexinFintech Holdings Ltd. to Report First Quarter 2018 Financial Results on May 21, 2018LexinFintech Holdings Ltd. to Report First Quarter 2018 Financial Results on May 21, 2018
www.prnewswire.com - May 14 at 6:55 AM
LexinFintech Holdings (LX) Short Interest UpdateLexinFintech Holdings (LX) Short Interest Update
www.americanbankingnews.com - April 29 at 2:44 AM
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 Tuesday, May, 22, 2018

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This page was last updated on 5/22/2018 by MarketBeat.com Staff

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