NASDAQ:LX - LexinFintech Stock Price, Forecast & News

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

LexinFintech Holdings Ltd - (NASDAQ:LX) posted its quarterly earnings data on Monday, November, 18th. The company reported $0.55 EPS for the quarter, beating the Zacks' consensus estimate of $0.54 by $0.01. The business earned $446.02 million during the quarter. LexinFintech had a return on equity of 52.47% and a net margin of 26.99%. View LexinFintech's Earnings History.

LexinFintech is scheduled to release their next quarterly earnings announcement on Thursday, March 12th 2020. View Earnings Estimates for LexinFintech.

5 brokers have issued 1 year price targets for LexinFintech's shares. Their forecasts range from $12.34 to $22.00. On average, they anticipate LexinFintech's stock price to reach $16.39 in the next twelve months. This suggests a possible upside of 14.2% from the stock's current price. View Analyst Price Targets for LexinFintech.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LexinFintech in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LexinFintech.

Media coverage about LX stock has been trending positive on Monday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by analyzing 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 media sentiment score of 3.0 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, meaning that recent media 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), Walker & Dunlop (WD), Green Dot (GDOT), 360 Finance (QFIN), Mr. Cooper Group (COOP), Blucora (BCOR), Qudian (QD), Oportun Financial (OPRT), Yirendai (YRD), America First Multifamily Investors (ATAX), Curo Group (CURO), CNFinance (CNF), On Deck Capital (ONDK), Jiayin Group (JFIN) and Wins Finance (WINS).

Based on aggregate information from My MarketBeat watchlists, some companies that other LexinFintech investors own include Marvell Technology Group (MRVL), Canopy Growth (CGC), Alibaba Group (BABA), Hon Hai Precision Industry (HNHPF), NVIDIA (NVDA), Charlotte's Web (CWBHF), NeoGenomics (NEO), Baidu (BIDU), Nokia Oyj (NOK) and JD.Com (JD).

(LX) raised $120 million in an initial public offering (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 served 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 $14.35.

LexinFintech has a market capitalization of $2.52 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]