LexinFintech Stock Price, News & Analysis (NASDAQ:LX)

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

LexinFintech Holdings Ltd - (NASDAQ:LX) posted its earnings results on Friday, August, 30th. The company reported $0.50 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.42 by $2.92. The business had revenue of $969.60 million for the quarter. LexinFintech had a net margin of 26.86% and a return on equity of 52.70%. LexinFintech's revenue for the quarter was up 53.8% compared to the same quarter last year. During the same period in the previous year, the company earned $1.39 EPS. View LexinFintech's Earnings History.

LexinFintech is scheduled to release their next quarterly earnings announcement on Wednesday, November 13th 2019. View Earnings Estimates for LexinFintech.

6 brokers have issued 12-month price targets for LexinFintech's stock. Their predictions range from $12.34 to $22.00. On average, they anticipate LexinFintech's share price to reach $16.39 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.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LexinFintech in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LexinFintech.

Media headlines about LX stock have been trending very negative this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press 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 negative five to five, with scores closest to five being the most favorable. LexinFintech earned a daily sentiment score of -3.2 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for LexinFintech.

Some companies that are related to LexinFintech include SBI (SBHGF), Qudian (QD), Walker & Dunlop (WD), 360 Finance (QFIN), Green Dot (GDOT), Blucora (BCOR), Mr. Cooper Group (COOP), Jiayin Group (JFIN), Curo Group (CURO), Fincera (YUANF), America First Multifamily Investors (ATAX), Weidai (WEI), Yirendai (YRD), Oportun Financial (OPRT) and CNFinance (CNF).

Based on aggregate information from My MarketBeat watchlists, some companies that other LexinFintech investors own include Hon Hai Precision Industry (HNHPF), NVIDIA (NVDA), Canopy Growth (CGC), Alibaba Group (BABA), Paypal (PYPL), Nokia Oyj (NOK), Marijuana Company Of America (MCOA), Adobe (ADBE), GW Pharmaceuticals PLC- (GWPH) and CVS Health (CVS).

(LX) raised $120 million in an initial public offering 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.

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, Robinhood, Fidelity and Charles Schwab.

One share of LX stock can currently be purchased for approximately $10.15.

LexinFintech has a market capitalization of $1.78 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.

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

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]