LexinFintech (LX) Stock Price, News & Analysis

Company Overview

LexinFintech Holdings Ltd., through its subsidiaries, provides 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 online direct sales with installment payment terms; and Le Hua Card, a scenario-based lending. It also provides technology-driven platform services for financial institution customers and partners 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 founded in 2013 and is headquartered in Shenzhen, the People's Republic of China.

Key Stats

• Today's Range: $5.65 to $6.18
• 50-Day Range: $2.85 to $6.09
• 52-Week Range: $1.56 to $6.28
• Volume: 10.19 million shs
• Average Volume: 1.93 million shs
• Market Capitalization: $970.01 million
• P/E Ratio: 9.38
• Dividend Yield: 2.03%
• Price Target: N/A
• Consensus Rating: Buy

LexinFintech Stock Analysis - MarketRank™

LexinFintech scored higher than 59% of companies evaluated by MarketBeat, and ranked 560th out of 937 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for LexinFintech.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of LexinFintech is 9.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.72.

Price to Earnings Ratio vs. Sector

The P/E ratio of LexinFintech is 9.38, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.86.

Price to Book Value per Share Ratio

LexinFintech has a P/B Ratio of 0.71. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.54% of the float of LexinFintech has been sold short.

Short Interest Ratio / Days to Cover

LexinFintech has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in LexinFintech has recently increased by 8.57%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

LexinFintech pays a meaningful dividend of 2.21%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

LexinFintech does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of LexinFintech is 19.05%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.54% of the float of LexinFintech has been sold short.

Short Interest Ratio / Days to Cover

LexinFintech has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in LexinFintech has recently increased by 8.57%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 0.96

News Sentiment

LexinFintech has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.80 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for LexinFintech this week, compared to 1 article on an average week.

Search Interest

15 people have searched for LX on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.

MarketBeat Follows

6 people have added LexinFintech to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

27.80% of the stock of LexinFintech is held by insiders. A high percentage of insider ownership can be a sign of company health.

LX Stock Analysis - Frequently Asked Questions

How have LX shares performed this year?

LexinFintech's stock was trading at $1.84 on January 1st, 2024. Since then, LX shares have increased by 221.2% and is now trading at $5.91.
View the best growth stocks for 2024 here.

How were LexinFintech's earnings last quarter?

LexinFintech Holdings Ltd. (NASDAQ:LX) issued its earnings results on Tuesday, August, 24th. The company reported $4.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.73 by $1.35. The company earned $506.28 million during the quarter. LexinFintech had a net margin of 5.34% and a trailing twelve-month return on equity of 7.47%.

When did LexinFintech IPO?

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

Who are LexinFintech's major shareholders?

LexinFintech's top institutional investors include Connor Clark & Lunn Investment Management Ltd. (0.67%), Walleye Capital LLC (0.44%), GSA Capital Partners LLP (0.27%) and Jane Street Group LLC (0.16%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of LexinFintech own?

Based on aggregate information from My MarketBeat watchlists, some other companies that LexinFintech investors own include Enovix (ENVX), Luminar Technologies (LAZR), Toast (TOST), Globant (GLOB), COMPASS Pathways (CMPS), Ginkgo Bioworks (DNA) and Marvell Technology (MRVL).

Company Calendar

• Last Earnings: 8/24/2021
• Ex-Dividend for 10/18 Dividend: 9/16/2024
• Dividend Payable: 10/18/2024
• Today: 12/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Nondepository credit institutions
• Sub-Industry: Banking
• Current Symbol: NASDAQ:LX
• CUSIP: N/A
• CIK: 1708259
• Web: www.lexin.com
• Phone: 8675536378888
• Fax: N/A
• Employees: 4,268
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.63
• Trailing P/E Ratio: 9.38
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $150.14 million
• Net Margins: 5.34%
• Pretax Margin: 6.65%
• Return on Equity: 7.47%
• Return on Assets: 3.26%

Debt

• Debt-to-Equity Ratio: 0.10
• Current Ratio: 1.66
• Quick Ratio: 1.66

Sales & Book Value

• Annual Sales: $14.05 billion
• Price / Sales: 0.07
• Cash Flow: $0.99 per share
• Price / Cash Flow: 5.94
• Book Value: $8.33 per share
• Price / Book: 0.71

Miscellaneous

• Outstanding Shares: 164,130,000
• Free Float: 118,502,000
• Market Cap: $970.01 million
• Optionable: Optionable
• Beta: 0.68