In the Green: LexinFintech Holdings Ltd ADR (LX) Closes at 1.56, Up/Down -5.45 from Previous Day

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In the latest session, LexinFintech Holdings Ltd ADR (NASDAQ: LX) closed at $1.56 down -5.45% from its previous closing price of $1.65. In other words, the price has decreased by -$5.45 from its previous closing price. On the day, 0.8 million shares were traded. LX stock price reached its highest trading level at $1.64 during the session, while it also had its lowest trading level at $1.56.

Ratios:

For a deeper understanding of LexinFintech Holdings Ltd ADR’s stock, let’s take a closer look at its various 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 256615296 and an Enterprise Value of 3410416384. As of this moment, LexinFintech’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.86, and their Forward P/E ratio for the next fiscal year is 1.24. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.79. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12 while its Price-to-Book (P/B) ratio in mrq is 0.17. Its current Enterprise Value per Revenue stands at 0.261 whereas that against EBITDA is 1.728.

Stock Price History:

The Beta on a monthly basis for LX is 0.58, which has changed by -0.34177214 over the last 52 weeks, in comparison to a change of 0.2160933 over the same period for the S&P500. 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 -14.16%, while the 200-Day Moving Average is calculated to be -23.81%.

Shares Statistics:

For the past three months, LX has traded an average of 1.07M shares per day and 783900 over the past ten days. 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 26.00% stake in the company. Shares short for LX as of 1711584000 were 731874 with a Short Ratio of 0.68, compared to 1709164800 on 1269318. Therefore, it implies a Short% of Shares Outstanding of 731874 and a Short% of Float of 0.5499999999999999.

Dividends & Splits

According to the company, the forward annual dividend rate for LX is 0.18, from 1.291 in the trailing year.

Earnings Estimates

Currently, — analysts are dedicated to thoroughly evaluating and rating the performance of LexinFintech Holdings Ltd ADR (LX) in the stock market.On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was –$. 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 $1.09 for the fiscal current year, implying an average EPS of $1.2. EPS for the following year is $1.34, with 5 analysts recommending between $1.58 and $1.23.

Revenue Estimates

A total of 5 analysts believe the company’s revenue will be $1.88B this 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 $1.8B, 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 $1.8B, up 4.20% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $1.99B 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.

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