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

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$9.35 +0.15 (+1.63 %)
(As of 01/18/2019 06:39 AM ET)
Previous Close$9.20
Today's Range$9.10 - $9.39
52-Week Range$6.48 - $20.00
Volume80,213 shs
Average Volume168,921 shs
Market Capitalization$1.51 billion
P/E Ratio42.50
Dividend YieldN/A
BetaN/A
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
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$857.97 million
Cash Flow$0.3164 per share
Book Value$1.60 per share

Profitability

Net Income$36.94 million

Miscellaneous

Employees2,518
Market Cap$1.51 billion
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) announced its quarterly earnings results on Wednesday, November, 14th. The company reported $1.93 earnings per share for the quarter, topping analysts' consensus estimates of $0.24 by $1.69. The firm had revenue of $1.69 billion for the quarter, compared to the consensus estimate of $1.65 billion. LexinFintech had a return on equity of 47.96% and a net margin of 15.33%. The business's revenue for the quarter was up 16.6% 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 Tuesday, March 19th 2019. View Earnings Estimates for LexinFintech.

What price target have analysts set for LX?

2 brokers have issued 1 year price targets for LexinFintech's shares. Their predictions range from $18.00 to $18.00. On average, they expect LexinFintech's stock price to reach $18.00 in the next year. This suggests a possible upside of 92.5% 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 articles about LX stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by monitoring 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 news sentiment score of 0.7 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term.

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, Chairman & CEO (Age 36)
  • Mr. Jared Yi Wu, Pres & Director (Age 40)
  • Mr. Craig Yan Zeng, CFO & Director (Age 51)
  • Mr. Kris Qian Qiao, Chief Financing Cooperation Officer (Age 41)
  • Mr. Ryan Huanian Liu, Chief Risk 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.

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 $9.35.

How big of a company is LexinFintech?

LexinFintech has a market capitalization of $1.51 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.

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:  2.1 out of 5 (star star)
Outperform Votes:  108 (Vote Outperform)
Underperform Votes:  154 (Vote Underperform)
Total Votes:  262
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 1/18/2019 by MarketBeat.com Staff

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