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: $3.24 to $3.41
• 50-Day Range: $1.65 to $3.91
• 52-Week Range: $1.56 to $4.70
• Volume: 1.54 million shs
• Average Volume: 1.59 million shs
• Market Capitalization: $541.63 million
• P/E Ratio: 4.93
• Dividend Yield: 3.94%
• Price Target: $2.12
• Consensus Rating: Hold

LexinFintech Stock Analysis - MarketRank™

LexinFintech scored higher than 27% of companies evaluated by MarketBeat, and ranked 818th out of 916 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: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

LexinFintech has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

LexinFintech has received no research coverage in the past 90 days.

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 4.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.63.

Price to Earnings Ratio vs. Sector

The P/E ratio of LexinFintech is 4.93, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.72.

Price to Book Value per Share Ratio

LexinFintech has a P/B Ratio of 0.40. 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

0.76% of the outstanding shares of LexinFintech have been sold short.

Short Interest Ratio / Days to Cover

LexinFintech has a short interest ratio ("days to cover") of 0.4, 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 17.92%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

LexinFintech is a leading dividend payer. It pays a dividend yield of 3.94%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of LexinFintech is 19.40%. 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

0.76% of the outstanding shares of LexinFintech have been sold short.

Short Interest Ratio / Days to Cover

LexinFintech has a short interest ratio ("days to cover") of 0.4, 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 17.92%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: 0.00

News Coverage This Week

MarketBeat has tracked 2 news articles for LexinFintech this week, compared to 1 article on an average week.

Search Interest

Only 3 people have searched for LX on MarketBeat in the last 30 days. This is a decrease of -79% compared to the previous 30 days.

MarketBeat Follows

Only 4 people have added LexinFintech to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 at the beginning of 2024. Since then, LX shares have increased by 79.3% and is now trading at $3.30.
View the best growth stocks for 2024 here.

How were LexinFintech's earnings last quarter?

LexinFintech Holdings Ltd. (NASDAQ:LX) released its earnings results on Tuesday, August, 27th. The company reported $0.19 earnings per share (EPS) for the quarter. The business had revenue of $500.98 million for the quarter. LexinFintech had a net margin of 5.80% and a trailing twelve-month return on equity of 8.16%.

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: 8/27/2024
• Ex-Dividend for 10/18 Dividend: 9/16/2024
• Dividend Payable: 10/18/2024
• Today: 11/21/2024
• Next Earnings (Estimated): 11/27/2024
• 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

Price Target and Rating

• Average Stock Price Target: $2.12
• High Stock Price Target: $2.12
• Low Stock Price Target: $2.12
• Potential Upside/Downside: -35.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.67
• Trailing P/E Ratio: 4.88
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $150.14 million
• Net Margins: 5.80%
• Pretax Margin: 7.42%
• Return on Equity: 8.16%
• Return on Assets: 3.46%

Debt

• Debt-to-Equity Ratio: 0.22
• Current Ratio: 1.77
• Quick Ratio: 1.77

Sales & Book Value

• Annual Sales: $1.84 billion
• Price / Sales: 0.29
• Cash Flow: $1.02 per share
• Price / Cash Flow: 3.20
• Book Value: $8.33 per share
• Price / Book: 0.39

Miscellaneous

• Outstanding Shares: 164,130,000
• Free Float: 118,502,000
• Market Cap: $536.71 million
• Optionable: Optionable
• Beta: 0.53