LX - LexinFintech Holdings Ltd.

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
8.87
+0.30 (+3.50%)
At close: 4:00PM EDT

8.75 -0.12 (-1.35%)
Pre-Market: 7:28AM EDT

Stock chart is not supported by your current browser
Previous Close8.57
Open8.71
Bid8.70 x 1000
Ask8.80 x 1100
Day's Range8.66 - 9.06
52 Week Range7.92 - 16.93
Volume813,014
Avg. Volume1,956,100
Market Cap1.571B
Beta (5Y Monthly)1.96
PE Ratio (TTM)9.56
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Do Hedge Funds Love LexinFintech Holdings Ltd. (LX)?
    Insider Monkey

    Do Hedge Funds Love LexinFintech Holdings Ltd. (LX)?

    Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]

  • Benzinga

    LexinFintech Holdings: Q4 Earnings Insights

    Shares of LexinFintech Holdings (NASDAQ:LX) surged more than 10% in pre-market trading after the company reported Q4 results.Quarterly Results Adjusted net income per ADS came in at RMB2.87 for the quarter.Revenue of $452,191,000 higher by 48.50% from the same period last year, which beat the estimate of $363,220,000.Guidance Earnings guidance hasn't been issued by the company for now.LexinFintech Holdings hasn't issued any revenue guidance for the time being.Conference Call Details Date: Mar 24, 2020View more earnings on LXTime: 01:05 PM ETWebcast URL: https://edge.media-server.com/mmc/p/mu4uai74Recent Stock Performance 52-week high: $16.9352-week low: $7.92Price action over last quarter: down 37.15%Company Description LexinFintech Holdings Ltd is an online consumer finance platform. The company focuses on serving the credit needs of educated young adults in China by offering convenient and innovative loan products to meet their credit needs at different stages of life. It offers online direct sales with installment payment terms and offers installment purchase loans and personal installment loans mainly through its retail and online consumer finance platform www.fenqile.com, and its mobile application to young adults between the age of 18 and 36 in the People's Republic of China. The company also finances the loans with proceeds from partnering peer-to-peer lending platforms, commercial banks and other financial institutions.See more from Benzinga * IHS Markit: Q1 Earnings Insights * Recap: Cheetah Mobile Q4 Earnings * 18 Healthcare Stocks Moving In Monday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • What Is LexinFintech Holdings's (NASDAQ:LX) P/E Ratio After Its Share Price Tanked?
    Simply Wall St.

    What Is LexinFintech Holdings's (NASDAQ:LX) P/E Ratio After Its Share Price Tanked?

    To the annoyance of some shareholders, LexinFintech Holdings (NASDAQ:LX) shares are down a considerable 35% in the...

  • LexinFintech Holdings Ltd. (NASDAQ:LX): What Does Its Beta Value Mean For Your Portfolio?
    Simply Wall St.

    LexinFintech Holdings Ltd. (NASDAQ:LX): What Does Its Beta Value Mean For Your Portfolio?

    If you own shares in LexinFintech Holdings Ltd. (NASDAQ:LX) then it's worth thinking about how it contributes to the...

  • These 3 Financial Stocks Can Pay Out Returns Long-Term
    TipRanks

    These 3 Financial Stocks Can Pay Out Returns Long-Term

    Returns, of course, are the name of the game. Investors get into stocks as a way to grow wealth, and are quick to exit any instrument that doesn’t deliver. The key is learning how to recognize the stocks that are going to gain, and then staying in for the long haul.Of the two, long-term investing is probably the more difficult. It’s tempting to dump a stock at a downturn, or sell off underperforming assets. But every stock market winner has seen periods of loss; those blips are common. Winning investors will remember Warren Buffett’s advice, “If you aren’t thinking about owning a stock for ten years, don’t even think about owning it for ten minutes.” Long-term investing is based on time horizons measured in years. As Buffett has also said, the best holding period is forever.Recognizing potentially strong stocks requires information – and lots of it. Fortunately, TipRanks has built up just the database you need – and provides a series of tools to make it easy to search and use the raw data. We’ve used the Stock Screener tool to find some interesting financial stocks that show signs of a potential breakout, and are set to outperform in the years to come. Let’s look at the details.OneConnect Financial Technology Company, Ltd. (OCFT)Up first is OneConnect, a software company whose products offer digital transformation, revenue increase, and risk management applications for financial institutions. The company’s customer base is in China, an important point, as China has a rapidly emerging technology sector. And, with a growing urban population that already exceeds 800 million, China’s pool of potential tech-sector customers is already larger than the entire US and EU populations combined.The sheer size of China’s potential market already gives OneConnect a huge potential for growth, a potential that the company has begun to realize. Founded as one of the Ping An Insurance Group’s businesses, OCFT shares went public in mid-December. The IPO was priced at $9 to $10 per share, and the initial offering of 31.2 million shares met that target range.That was seven weeks ago. Since then, OCFT shares have gained 27%, and the market cap has risen to $4.7 billion. It’s an impressive out-of-the-gate performance for OneConnect.The company’s early and rapid gains have caught the attention of Morgan Stanley analyst Yang Liu, who writes of the stock, “We believe OCFT will be a long-term winner in China's financial technology market given its early-mover advantage, unique value proposition, recurring revenue model, clear growth strategy, and strong parent company support.”Liu puts a $16 price target on OCFT, implying an upside potential of 26% in support of his Buy rating. (To watch Liu’s track record, click here)Even though it hasn’t been around long, OCFT stock has garnered 5 Buy reviews, giving it a unanimous Strong Buy analyst consensus. Shares sell for $12.72, and the average price target of $17.18 suggests room for a 35% upside potential. (See OneConnect Financial Technology stock analysis on TipRanks) LexinFintech Holdings, Ltd. (LX)The other Chinese fintech on our list, LexinFintech, is a holding company. LexinFintech offers a range of services, including wealth management and money loans, to very much of the same customer base as OCFT above.Also like OCFT, LX stock had a successful IPO. LX started trading in December 2017, with a list price of $9 that quickly settled at $11.80. The initial offering sold 12 million shares, and raised over $130 million. The company’s current market cap is $2.3 billion, and shares trade at $13.30, a gain of 48% from the opening price.Lexin’s earnings are strong, with the last quarter report showing $245 million in gross profit, from total revenues of $461 million. The company consistently beats the earnings forecasts, having exceeded expectations in the last five quarterly reports. LX will report next on March 12, and the consensus is for EPS of 56 cents.Wall Street likes what it sees in LX. Writing on the stock after attending the company’s first Investor Day, Credit Suisse analyst Yiran Zhong said, “The positive outlook on loan volume growth is underpinned by record customer acquisition in 3Q19… [We like the] longer-term strategy to build an ecosystem that serves the consumption needs of its young customers, including through consumer finance, membership benefits and a point redemption system. We believe this helps Lexin tap into an expanded range of consumption scenarios, which in turn enhances its capacity to provide consumer finance services.”Zhong’s price target, of $18.05, implies an upside of 36% from current price levels, and supports his Outperform rating.Shares in LX are selling for $13.30, a low cost for a stock with a 50% upside potential. An analysis of the stock shows a set of strong data points, all pointing to overperformance in coming months. Financial bloggers are optimistic about the stock, with 100% of recent reviews taking a bullish stance against the sector average of 72%. (See LexinFintech stock analysis on TipRanks) Citigroup, Inc. (C)Third on our list is a staple of the markets, and a component of the S&P 500 index. Citigroup, with a market cap of $157 billion, is the third largest American bank, and is counted as one of the Big 4 along with JPMorgan Chase, Bank of America, and Wells Fargo. Citi has over 200 million customer accounts, does business in over 160 countries around the world, and saw total revenues of $72.9 billion in fiscal 2018. In short, it’s a banking giant.Citigroup shares gained 53% in 2019, outpacing the broader markets by a wide margin. The stock also paid out a strong dividend, of 51 cents per share quarterly. The annualized payment, $2.04 per share, gives a yield of 2.74%, significantly higher than the S&P average. This is a stock that has a proven record of returns for investors, through multiple streams.That proven record, combined with an easy cost of entry, generates lots of love among the Wall Street analyst corps. 5-star analyst Chris Kotowski, from Oppenheimer, writes of this company, “Citi remains one of the cheapest banks in our universe of coverage, at 1.16x tangible book value and ~9.4x our 2020 EPS estimate. Our $124 price target assumes a 70% relative P/E multiple based on consensus estimates for the S&P 500 and our estimates for Citi. This is at the lower end of the 70–80% that we generally consider to be fair value for banks.”To this end, Kotowski gave the price target a boost. The new $124 price target implies an upside potential of 67% in the next 12 months, and fully justifies his Buy rating. (To watch Kotowski’s track record, click here)Citigroup is a stock that is primed for outperformance in 2020, too. The analyst consensus is a Strong Buy, based on 13 reviews, including 11 Buys and 2 Holds. Shares are priced low for a blue-chip steadfast, at $74.41, but the $93.71 average price target indicates room for a 26% upside potential. (See Citigroup stock analysis on TipRanks)

  • Has LexinFintech Holdings Ltd. Sponsored (LX) Outpaced Other Finance Stocks This Year?
    Zacks

    Has LexinFintech Holdings Ltd. Sponsored (LX) Outpaced Other Finance Stocks This Year?

    Is (LX) Outperforming Other Finance Stocks This Year?

  • Is Lexinfintech Holdings (LX) Stock Undervalued Right Now?
    Zacks

    Is Lexinfintech Holdings (LX) Stock Undervalued Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • What Is LexinFintech Holdings's (NASDAQ:LX) P/E Ratio After Its Share Price Rocketed?
    Simply Wall St.

    What Is LexinFintech Holdings's (NASDAQ:LX) P/E Ratio After Its Share Price Rocketed?

    LexinFintech Holdings (NASDAQ:LX) shares have continued recent momentum with a 31% gain in the last month alone...

  • Zacks.com featured highlights include: Enphase Energy, Essent Group, Celsius Holdings, Talos Energy and LexinFintech
    Zacks

    Zacks.com featured highlights include: Enphase Energy, Essent Group, Celsius Holdings, Talos Energy and LexinFintech

    Zacks.com featured highlights include: Enphase Energy, Essent Group, Celsius Holdings, Talos Energy and LexinFintech

  • 5 Stocks With High Net Income Ratio to Scoop Up
    Zacks

    5 Stocks With High Net Income Ratio to Scoop Up

    Profitability analysis is considered one of the best possible ways to assess the prospects of a company.

  • LX or CACC: Which Is the Better Value Stock Right Now?
    Zacks

    LX or CACC: Which Is the Better Value Stock Right Now?

    LX vs. CACC: Which Stock Is the Better Value Option?

  • LexinFintech (LX) in Focus: Stock Moves 6.6% Higher
    Zacks

    LexinFintech (LX) in Focus: Stock Moves 6.6% Higher

    LexinFintech (LX) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.

  • 5 Chinese Stocks to Keep Rallying, Trade War Wraps Up or Not
    Zacks

    5 Chinese Stocks to Keep Rallying, Trade War Wraps Up or Not

    Trade war, induced by the imposition of tariffs on imports by the United States, has hurt growth prospects of China. Despite that, some stocks performed well and have healthy prospects ahead.

  • Moving Average Crossover Alert: LexinFintech
    Zacks

    Moving Average Crossover Alert: LexinFintech

    LexinFintech Holdings Ltd. (LX) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

  • Zacks.com featured highlights include: Universal Forest Products, ACM Research, Celsius Holdings, Sony and LexinFintech
    Zacks

    Zacks.com featured highlights include: Universal Forest Products, ACM Research, Celsius Holdings, Sony and LexinFintech

    Zacks.com featured highlights include: Universal Forest Products, ACM Research, Celsius Holdings, Sony and LexinFintech

  • 5 Profitable Stocks Boasting Amazingly High Net Income Ratio
    Zacks

    5 Profitable Stocks Boasting Amazingly High Net Income Ratio

    Net income ratio gives us the exact profitability level of a company. It reflects the percentage of net income to total sales revenues.

  • Hedge Funds Have Never Been More Bullish On LexinFintech Holdings Ltd. (LX)
    Insider Monkey

    Hedge Funds Have Never Been More Bullish On LexinFintech Holdings Ltd. (LX)

    We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]

  • LX vs. FCFS: Which Stock Should Value Investors Buy Now?
    Zacks

    LX vs. FCFS: Which Stock Should Value Investors Buy Now?

    LX vs. FCFS: Which Stock Is the Better Value Option?

  • Here's Why I Think LexinFintech Holdings (NASDAQ:LX) Is An Interesting Stock
    Simply Wall St.

    Here's Why I Think LexinFintech Holdings (NASDAQ:LX) Is An Interesting Stock

    Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...

  • LX or FCFS: Which Is the Better Value Stock Right Now?
    Zacks

    LX or FCFS: Which Is the Better Value Stock Right Now?

    LX vs. FCFS: Which Stock Is the Better Value Option?

  • What Makes Lexinfintech Holdings (LX) a Strong Momentum Stock: Buy Now?
    Zacks

    What Makes Lexinfintech Holdings (LX) a Strong Momentum Stock: Buy Now?

    Does Lexinfintech Holdings (LX) have what it takes to be a top stock pick for momentum investors? Let's find out.

  • Should Value Investors Buy Lexinfintech Holdings (LX) Stock?
    Zacks

    Should Value Investors Buy Lexinfintech Holdings (LX) Stock?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • New Strong Buy Stocks for November 21st
    Zacks

    New Strong Buy Stocks for November 21st

    New Strong Buy Stocks for November 21st

  • Hedge Funds Have Never Been This Bullish On LexinFintech Holdings Ltd. (LX)
    Insider Monkey

    Hedge Funds Have Never Been This Bullish On LexinFintech Holdings Ltd. (LX)

    Is LexinFintech Holdings Ltd. (NASDAQ:LX) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise to […]