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“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
The Safest Option in Trades! (Ad)pixel
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
The Safest Option in Trades! (Ad)pixel
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
The Safest Option in Trades! (Ad)pixel
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
NASDAQ:LX

LexinFintech - LX Stock Forecast, Price & News

$2.03
-0.05 (-2.40%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$2.02
$2.07
50-Day Range
$1.81
$2.29
52-Week Range
$1.67
$8.14
Volume
256,429 shs
Average Volume
702,305 shs
Market Capitalization
$373.26 million
P/E Ratio
1.56
Dividend Yield
N/A
Price Target
$5.87

LexinFintech MarketRank™ Forecast

Analyst Rating
Hold
1.75 Rating Score
Upside/​Downside
189.3% Upside
$5.87 Price Target
Short Interest
Healthy
0.67% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.02mentions of LexinFintech in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
55.84%
From $0.77 to $1.20 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.50 out of 5 stars

Finance Sector

346th out of 926 stocks

Nondepository Credit Institutions Industry

11th out of 33 stocks

LX stock logo

About LexinFintech (NASDAQ:LX) Stock

LexinFintech Holdings Ltd., through its subsidiaries, offers online consumer finance services in the People's Republic of China. The company operates Fenqile.com, an online consumption and consumer finance platform that offers installment purchase and personal installment loans, as well as provides online direct sales with installment payment terms; and Le Hua Card, a scenario-based lending. It also provides technology-driven platform services to increase revenues, manage financial risks, enhance operating efficiency and service quality, enhance collections, and reduce overall costs; Maiya application, a location-based services shopping experience with buy-now and pay-later options; and Juzi Licai, an online investment platform. In addition, the company offers technical support and consulting, software development, financing guarantee, and financial technology services. 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 incorporated in 2013 and is headquartered in Shenzhen, the People's Republic of China.

Analyst Upgrades and Downgrades

A number of research firms recently commented on LX. CLSA cut shares of LexinFintech from an "outperform" rating to a "sell" rating and set a $2.10 price target on the stock. in a report on Wednesday, June 1st. Citigroup cut shares of LexinFintech from a "buy" rating to a "neutral" rating in a report on Tuesday, May 31st.

LexinFintech Stock Performance

LX Stock traded down $0.05 during midday trading on Friday, reaching $2.03. 256,429 shares of the company's stock traded hands, compared to its average volume of 702,305. The company has a 50-day moving average price of $2.09 and a two-hundred day moving average price of $2.57. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.82 and a current ratio of 1.82. LexinFintech has a 52 week low of $1.67 and a 52 week high of $8.14. The firm has a market capitalization of $373.26 million, a PE ratio of 1.56 and a beta of 0.50.

LexinFintech (NASDAQ:LX - Get Rating) last released its quarterly earnings results on Monday, May 30th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.36). The firm had revenue of $270.12 million during the quarter, compared to the consensus estimate of $492.26 million. LexinFintech had a return on equity of 23.17% and a net margin of 16.71%. During the same period in the previous year, the company posted $0.53 EPS. As a group, equities analysts anticipate that LexinFintech will post 0.77 EPS for the current year.

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LX Stock News Headlines

Issuance of Securities - Yahoo Finance
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LX Company Calendar

Last Earnings
5/30/2022
Today
8/14/2022
Next Earnings (Confirmed)
8/16/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Nondepository credit institutions
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
3,896
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$5.87
High Stock Price Forecast
$9.89
Low Stock Price Forecast
$2.10
Forecasted Upside/Downside
+189.3%
Consensus Rating
Hold
Rating Score (0-4)
1.75
Research Coverage
4 Analysts

Profitability

Net Income
$366.24 million
Pretax Margin
20.35%

Debt

Sales & Book Value

Annual Sales
$1.79 billion
Cash Flow
$2.28 per share
Book Value
$6.89 per share

Miscellaneous

Free Float
N/A
Market Cap
$373.26 million
Optionable
Optionable
Beta
0.50

Key Executives

  • Mr. Wenjie Xiao (Age 39)
    Chairman & CEO
  • Mr. Yi Wu (Age 43)
    Pres & Director
  • Ms. Rui Sun (Age 50)
    CFO & Director
  • Mr. Yong Lu (Age 48)
    Chief Technology Officer
  • Ms. Jamie Wang
    Investor Relations Mang.
  • Mr. Ming Zhao (Age 47)
    Chief Marketing Officer
  • Ms. Yunwen Yang (Age 51)
    Chief HR Officer
  • Mr. Yan Zeng (Age 54)
    Sr. Consultant
  • Mr. Yang Qiao (Age 43)
    Chief Risk Officer
  • Mr. Jianbin Huang
    VP, CEO Assistant & Chairman of Lexin Philanthropy













LX Stock - Frequently Asked Questions

Should I buy or sell LexinFintech stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for LexinFintech in the last year. There are currently 1 sell rating and 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" LX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LX, but not buy additional shares or sell existing shares.
View LX analyst ratings
or view top-rated stocks.

What is LexinFintech's stock price forecast for 2022?

4 Wall Street analysts have issued 12 month price objectives for LexinFintech's shares. Their LX share price forecasts range from $2.10 to $9.89. On average, they predict the company's stock price to reach $5.87 in the next twelve months. This suggests a possible upside of 189.3% from the stock's current price.
View analysts price targets for LX
or view top-rated stocks among Wall Street analysts.

How have LX shares performed in 2022?

LexinFintech's stock was trading at $3.86 at the beginning of the year. Since then, LX shares have decreased by 47.4% and is now trading at $2.03.
View the best growth stocks for 2022 here
.

When is LexinFintech's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 16th 2022.
View our LX earnings forecast
.

How can I listen to LexinFintech's earnings call?

LexinFintech will be holding an earnings conference call on Tuesday, August 16th at 9:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were LexinFintech's earnings last quarter?

LexinFintech Holdings Ltd. (NASDAQ:LX) released its quarterly earnings results on Monday, May, 30th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.46 by $0.36. The firm had revenue of $270.12 million for the quarter, compared to the consensus estimate of $492.26 million. LexinFintech had a net margin of 16.71% and a trailing twelve-month return on equity of 23.17%. During the same quarter last year, the firm earned $0.53 earnings per share.

What other stocks do shareholders of LexinFintech own?

Based on aggregate information from My MarketBeat watchlists, some companies that other LexinFintech investors own include Marvell Technology (MRVL), NVIDIA (NVDA), Block (SQ), Alibaba Group (BABA), JD.com (JD), NeoGenomics (NEO), Inseego (INSG), Baidu (BIDU), Cisco Systems (CSCO) and

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 served as the underwriters for the IPO and ICBC International was co-manager.

What is LexinFintech's stock symbol?

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

Who are LexinFintech's major shareholders?

LexinFintech's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (0.19%), California Public Employees Retirement System (0.13%), Renaissance Technologies LLC (0.12%), Principal Financial Group Inc. (0.08%), Mirae Asset Global Investments Co. Ltd. (0.07%) and Envestnet Asset Management Inc. (0.06%).

How do I buy shares of LexinFintech?

Shares of LX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is LexinFintech's stock price today?

One share of LX stock can currently be purchased for approximately $2.03.

How much money does LexinFintech make?

LexinFintech (NASDAQ:LX) has a market capitalization of $373.26 million and generates $1.79 billion in revenue each year. The company earns $366.24 million in net income (profit) each year or $1.30 on an earnings per share basis.

How many employees does LexinFintech have?

The company employs 3,896 workers across the globe.

How can I contact LexinFintech?

LexinFintech's mailing address is 27/F CES TOWER 3099 KE YUAN SOUTH ROAD NANSHAN DISTRICT, SHENZHEN F4, 518057. The official website for the company is www.lexin.com. The company can be reached via phone at 8675536378888 or via email at ir@lexinfintech.com.

This page (NASDAQ:LX) was last updated on 8/14/2022 by MarketBeat.com Staff

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