LexinFintech Holdings Ltd ADR (NASDAQ: LX) closed the day trading at $1.84 down -2.13% from the previous closing price of $1.88. In other words, the price has decreased by -$0.0400 from its previous closing price. On the day, 1470925 shares were traded.
Ratios:
For a better understanding of LX, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.10.
On March 16, 2023, CLSA Upgraded its rating to Buy which previously was Outperform but kept the price unchanged to $3.45.
Citigroup Upgraded its Neutral to Buy on March 14, 2023, whereas the target price for the stock was revised from $2.31 to $3.60.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LX now has a Market Capitalization of 306.49M and an Enterprise Value of 878.72M. As of this moment, LexinFintech’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.19, and their Forward P/E ratio for the next fiscal year is 1.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.14 while its Price-to-Book (P/B) ratio in mrq is 0.20. Its current Enterprise Value per Revenue stands at 0.07 whereas that against EBITDA is 0.50.
Stock Price History:
Over the past 52 weeks, LX has reached a high of $3.01, while it has fallen to a 52-week low of $1.62. The 50-Day Moving Average of the stock is 1.8425, while the 200-Day Moving Average is calculated to be 2.0927.
Shares Statistics:
Over the past 3-months, LX traded about 1.02M shares per day on average, while over the past 10 days, LX traded about 2.05M shares per day. A total of 138.76M shares are outstanding, with a floating share count of 138.70M. Insiders hold about 0.04% of the company’s shares, while institutions hold 26.06% stake in the company. Shares short for LX as of Feb 29, 2024 were 1.27M with a Short Ratio of 1.24, compared to 1.13M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.77% and a Short% of Float of 0.96%.
Dividends & Splits
LX’s forward annual dividend rate is 0.12, up from 1.29 a year ago. Against a Trailing Annual Dividend Yield of 68.67%, it implies a Forward Annual Dividend Yield of 9.68%.
Earnings Estimates
Current recommendations for the stock of the company come from 0 analysts. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $1.39 and $0.99 for the fiscal current year, implying an average EPS of $1.17. EPS for the following year is $1.32, with 6 analysts recommending between $1.58 and $1.19.
Revenue Estimates
5 analysts predict $1.88B in revenue for the current quarter. It ranges from a high estimate of $1.96B to a low estimate of $1.8B. As of the current estimate, LexinFintech Holdings Ltd ADR’s year-ago sales were $1.81B, an estimated increase of 4.20% from the year-ago figure.
A total of 5 analysts have provided revenue estimates for LX’s current fiscal year. The highest revenue estimate was $1.96B, while the lowest revenue estimate was $1.8B, resulting in an average revenue estimate of $1.88B. In the same quarter a year ago, actual revenue was $1.81B, up 4.20% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $2B in the next fiscal year. The high estimate is $2.07B and the low estimate is $1.87B. The average revenue growth estimate for next year is up 6.10% from the average revenue estimate for this year.
