NASDAQ:LX

LexinFintech Stock Forecast, Price & News

$12.36

+1.00 (+8.80 %)

(As of 03/1/2021 12:00 AM ET)

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Today's Range

$12.06

Now: $12.36▼

$12.68

50-Day Range

$6.27

MA: $9.66▼

$15.27

52-Week Range

$6.04

Now: $12.36▼

$15.42

Volume1.14 million shs

Average Volume3.41 million shs

Market Capitalization$2.22 billion

P/E Ratio30.90

Dividend YieldN/A

Beta0.94

LexinFintech Holdings Ltd., through its subsidiaries, operates as an online consumer finance platform for young professionals in the People's Republic of China. The company operates Fenqile.com, a retail and online consumer finance platform that offers installment purchase loans, personal installment loans, and other loan products, as well as provides online direct sales with installment payment terms; and Le Card, a membership platform, which offers savings, benefits, and membership privileges to food and beverage, apparel, hospitality, and leisure sectors. It also matches customer loans with diversified funding sources, including individual investors on its Juzi Licai online investment platform, third-party commercial banks, consumer finance companies, institutional funding partners in its direct lending programs, investors of its asset-backed securities, and other licensed financial institutions. 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.

Headlines

Validea James P. O'Shaughnessy Strategy Daily Upgrade Report - 2/23/2021 - Nasdaq
February 23, 2021 | nasdaq.com

RSVA leads financial gainers, MGI and JMP among losers - Seeking Alpha
February 22, 2021 | seekingalpha.com

China’s clampdown on Jack Ma’s Ant boosts rivals - Financial Times
February 19, 2021 | ft.com

LexinFintech: Book It - Seeking Alpha
February 14, 2021 | seekingalpha.com

LexinFintech Looks to Enter "Buy Now, Pay Later" Market in China - Motley Fool
February 12, 2021 | fool.com

LexinFintech Holdings Reaches Analyst Target Price
February 12, 2021 | nasdaq.com

LexinFintech Looks to Enter "Buy Now, Pay Later" Market in China
February 12, 2021 | finance.yahoo.com

Form SC 13G/A LexinFintech Holdings Filed by: Xiao Wenjie - StreetInsider.com
February 8, 2021 | streetinsider.com

North America Is Expected To Account For Largest Share Of Global Regtech Growth Through 2025 - StreetInsider.com
February 4, 2021 | streetinsider.com

LexinFintech Holdings Ltd. Appoints Chief Technology Officer - GlobeNewswire
February 2, 2021 | globenewswire.com

LexinFintech Holdings Ltd. Appoints Chief Technology Officer - Yahoo Finance
February 2, 2021 | finance.yahoo.com

LexinFintech Holdings Ltd. Appoints Chief Technology Officer
February 2, 2021 | benzinga.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Nondepository credit institutions

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:LX

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.lexin.com

Phone86-755-3637-8888

Employees3,227

Year FoundedN/A

Debt

Debt-to-Equity Ratio0.65

Current Ratio1.32

Quick Ratio1.32

Price-To-Earnings

Trailing P/E Ratio30.90

Forward P/E Ratio24.24

P/E Growth0.21

Sales & Book Value

Annual Sales$1.52 billion

Price / Sales1.46

Cash Flow$3.77 per share

Price / Cash Flow3.28

Book Value$5.40 per share

Price / Book2.29

Profitability

EPS (Most Recent Fiscal Year)$1.76

Net Income$329.59 million

Net Margins5.25%

Return on Equity12.28%

Return on Assets2.96%

Miscellaneous

Outstanding Shares179,709,000

Market Cap$2.22 billion

Next Earnings Date3/23/2021 (Estimated)

OptionableOptionable

MarketRank^™

Overall MarketRank^™

1.49 out of 5 stars

Finance Sector

664th out of 1,938 stocks

Nondepository Credit Institutions Industry

13th out of 51 stocks

1.5 Analyst's Opinion

Consensus Rating
LexinFintech has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $13.20, LexinFintech has a forecasted upside of 6.8% from its current price of $12.36.
Amount of Analyst Coverage
LexinFintech has received no research coverage in the past 90 days.

2.2 Community Rank

Outperform Votes
LexinFintech has received 230 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
LexinFintech has received 302 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
LexinFintech has received 56.77% “underperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
LexinFintech does not currently pay a dividend.
Dividend Growth
LexinFintech does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, LexinFintech insiders have not sold or bought any company stock.

3.8 Earnings and Valuation

Earnings Growth
Earnings for LexinFintech are expected to grow by 301.96% in the coming year, from $0.51 to $2.05 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of LexinFintech is 30.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 32.99.
Price to Earnings Ratio vs. Sector
The P/E ratio of LexinFintech is 30.90, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 23.23.
Price to Earnings Growth Ratio
LexinFintech has a PEG Ratio of 0.21. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
LexinFintech has a P/B Ratio of 2.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

$12.36

+1.00 (+8.80 %)

(As of 03/1/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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LexinFintech (NASDAQ:LX) Frequently Asked Questions

Is LexinFintech a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for LexinFintech in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" LexinFintech stock.
View analyst ratings for LexinFintech or view top-rated stocks.

What stocks does MarketBeat like better than LexinFintech?

Wall Street analysts have given LexinFintech a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but LexinFintech wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting LexinFintech?

LexinFintech saw a decrease in short interest in the month of February. As of February 12th, there was short interest totaling 2,930,000 shares, a decrease of 49.2% from the January 28th total of 5,770,000 shares. Based on an average daily volume of 2,830,000 shares, the short-interest ratio is presently 1.0 days.
View LexinFintech's Short Interest.

When is LexinFintech's next earnings date?

LexinFintech is scheduled to release its next quarterly earnings announcement on Tuesday, March 23rd 2021.
View our earnings forecast for LexinFintech.

How were LexinFintech's earnings last quarter?

LexinFintech Holdings Ltd. (NASDAQ:LX) issued its quarterly earnings results on Monday, November, 23rd. The company reported $2.15 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.79 by $0.36. The company earned $464.54 million during the quarter. LexinFintech had a net margin of 5.25% and a trailing twelve-month return on equity of 12.28%.
View LexinFintech's earnings history.

How has LexinFintech's stock been impacted by Coronavirus?

LexinFintech's stock was trading at $9.70 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, LX shares have increased by 27.4% and is now trading at $12.36.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for LX?

6 equities research analysts have issued 12 month price targets for LexinFintech's shares. Their forecasts range from $11.50 to $16.58. On average, they anticipate LexinFintech's share price to reach $13.20 in the next year. This suggests a possible upside of 6.8% from the stock's current price.
View analysts' price targets for LexinFintech or view top-rated stocks among Wall Street analysts.

Who are LexinFintech's key executives?

LexinFintech's management team includes the following people:

Mr. Wenjie Xiao, Chairman & CEO (Age 38)
Mr. Yi Wu, Pres & Director (Age 42)
Mr. Yan Zeng, CFO & Director (Age 53)
Mr. Yong Lu, Chief Technology Officer (Age 47)
Mr. Ming Zhao, Chief Marketing Officer (Age 46)
Ms. Yunwen Yang, Chief HR Officer (Age 50)
Mr. Qian Qiao, Chief Financing Cooperation Officer & Director (Age 43)
Mr. Huanian Liu, Chief Risk Officer (Age 43)
Mr. Tony Hung, Investor Contact

Who are some of LexinFintech's key competitors?

Some companies that are related to LexinFintech include SBI (SBHGF), 360 DigiTech (QFIN), Walker & Dunlop (WD), Mr. Cooper Group (COOP), Green Dot (GDOT), AMTD International (HKIB), Sprott (SII), Blucora (BCOR), Qudian (QD), CURO Group (CURO), Yiren Digital (YRD), Oportun Financial (OPRT), 9F (JFU), Mogo (MOGO) and China YiBai United Guarantee International (CBGH).
View all of LX's competitors.

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 Group (MRVL), NVIDIA (NVDA), Square (SQ), Alibaba Group (BABA), JD.com (JD), NeoGenomics (NEO), Inseego (INSG), Baidu (BIDU), Cisco Systems (CSCO) and (CGC).

When did LexinFintech IPO?

(LX) raised $120 million in an initial public offering (IPO) on Thursday, December 21st 2017. The company issued 12,000,000 shares at $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 retail and institutional investors. Top institutional investors include Oceanlink Management LTD. (5.83%), Credit Suisse AG (1.26%), Morgan Stanley (1.17%), BlackRock Inc. (1.09%), FIL Ltd (0.99%) and Dimensional Fund Advisors LP (0.77%).

Which major investors are selling LexinFintech stock?

LX stock was sold by a variety of institutional investors in the last quarter, including FIL Ltd, Credit Suisse AG, JPMorgan Chase & Co., Trexquant Investment LP, Penserra Capital Management LLC, US Bancorp DE, and Wells Fargo & Company MN.

Which major investors are buying LexinFintech stock?

LX stock was purchased by a variety of institutional investors in the last quarter, including Oceanlink Management LTD., BlackRock Inc., Barclays PLC, Voloridge Investment Management LLC, Canada Pension Plan Investment Board, Prelude Capital Management LLC, Dimensional Fund Advisors LP, and Northern Trust Corp.

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 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 $12.36.

How much money does LexinFintech make?

LexinFintech has a market capitalization of $2.22 billion and generates $1.52 billion in revenue each year. The company earns $329.59 million in net income (profit) each year or $1.76 on an earnings per share basis.

How many employees does LexinFintech have?

LexinFintech employs 3,227 workers across the globe.

What is LexinFintech's official website?

The official website for LexinFintech is www.lexin.com.

Where are LexinFintech's headquarters?

LexinFintech is headquartered at 27/F CES TOWER 3099 KE YUAN SOUTH ROAD NANSHAN DISTRICT, SHENZHEN F4, 518057.

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 company can be reached via phone at 86-755-3637-8888 or via email at [email protected]

This page was last updated on 3/2/2021 by MarketBeat.com Staff

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