As of close of business last night, LexinFintech Holdings Ltd ADR’s stock clocked out at $1.80, up 4.65% from its previous closing price of $1.72. In other words, the price has increased by $+0.0800 from its previous closing price. On the day, 1246705 shares were traded.
Ratios:
To gain a deeper understanding of LX’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.12.
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 293.45M and an Enterprise Value of 865.85M. As of this moment, LexinFintech’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.69, and their Forward P/E ratio for the next fiscal year is 1.42. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.72. 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 0.19. 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 $3.08, while it has fallen to a 52-week low of $1.62. The 50-Day Moving Average of the stock is 1.8363, while the 200-Day Moving Average is calculated to be 2.1228.
Shares Statistics:
It appears that LX traded 788.43K shares on average per day over the past three months and 1.35M shares per day 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 25.15% stake in the company. Shares short for LX as of Feb 15, 2024 were 1.18M with a Short Ratio of 1.49, compared to 1.14M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.71% and a Short% of Float of 0.89%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.85, LX has a forward annual dividend rate of 0.12. Against a Trailing Annual Dividend Yield of 49.19%, it implies a Forward Annual Dividend Yield of 12.89%.
Earnings Estimates
As of right now, 0 analysts gave their recommendation on the stock of the company. 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 $0.64. 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 $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $1.07, with 6 analysts recommending between $1.29 and $0.85.
Revenue Estimates
For the next quarter, 1 analysts are estimating revenue of $1.69B, an increase of 309.10% over than the figure of -$26.20% in the same quarter last year. There is a high estimate of $1.69B for the next quarter, whereas the lowest estimate is $1.69B.
A total of 4 analysts have provided revenue estimates for LX’s current fiscal year. The highest revenue estimate was $1.41B, while the lowest revenue estimate was $1.32B, resulting in an average revenue estimate of $1.42B. In the same quarter a year ago, actual revenue was $1.58B, down -10.30% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $1.77B in the next fiscal year. The high estimate is $1.79B and the low estimate is $1.74B. The average revenue growth estimate for next year is up 24.60% from the average revenue estimate for this year.
