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

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

LexinFintech is scheduled to release their next quarterly earnings announcement on Tuesday, March 19th 2019. View Earnings Estimates for LexinFintech.

2 equities research analysts have issued 1 year price targets for LexinFintech's shares. Their predictions range from $18.00 to $18.00. On average, they anticipate LexinFintech's stock price to reach $18.00 in the next twelve months. This suggests a possible upside of 79.3% from the stock's current price. View Analyst Price Targets 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.

Headlines about LX stock have trended neutral this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. LexinFintech earned a coverage optimism score of 0.2 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future.

LexinFintech saw a decrease in short interest in the month of January. As of January 15th, there was short interest totalling 895,999 shares, a decrease of 29.5% from the December 31st total of 1,271,360 shares. Based on an average daily trading volume, of 177,896 shares, the days-to-cover ratio is presently 5.0 days. Approximately 0.9% of the shares of the company are short sold. View LexinFintech's Current Options Chain.

Some companies that are related to LexinFintech include SBI (SBHGF), Green Dot (GDOT), 360 Finance (QFIN), Walker & Dunlop (WD), Qudian (QD), Mr. Cooper Group (COOP), Blucora (BCOR), X Financial (XYF), Yirendai (YRD), Weidai (WEI), Everi (EVRI), Curo Group (CURO), Wins Finance (WINS), On Deck Capital (ONDK) and CNFinance (CNF).

(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.

LexinFintech's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Discovery Value Fund (0.71%), Penserra Capital Management LLC (0.12%), Bank of America Corp DE (0.07%), Northern Trust Corp (0.04%), Raymond James & Associates (0.03%) and Geode Capital Management LLC (0.02%).

LX stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE.

LX stock was acquired by a variety of institutional investors in the last quarter, including Discovery Value Fund, Northern Trust Corp, Geode Capital Management LLC, Penserra Capital Management LLC, Barclays PLC, Raymond James & Associates and Bank of Montreal Can.

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.

One share of LX stock can currently be purchased for approximately $10.04.

LexinFintech has a market capitalization of $1.65 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.

The official website for LexinFintech is http://www.fenqile.com.