Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of LexinFintech Holdings Ltd ADR (NASDAQ: LX) closed at $7.91 in the last session, down -15.49% from day before closing price of $9.36. In other words, the price has decreased by -$15.49 from its previous closing price. On the day, 9.6 million shares were traded.
Ratios:
We take a closer look at LX’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.10.
CLSA Upgraded its Outperform to Buy on March 16, 2023, while the target price for the stock was maintained at $3.45.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 10 ’24 when Wang Neng bought 40,000 shares for $5.92 per share.
WU Wei bought 29,000 shares of LX for $160,950 on Dec 09 ’24. On Sep 13 ’24, another insider, Long Annabelle Yu, who serves as the Director of the company, bought 22,394 shares for $1.74 each.
Valuation Measures:
As of this moment, LexinFintech’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.73, and their Forward P/E ratio for the next fiscal year is 5.66. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53 while its Price-to-Book (P/B) ratio in mrq is 0.69.
Stock Price History:
Over the past 52 weeks, LX has reached a high of $9.61, while it has fallen to a 52-week low of $1.56. The 50-Day Moving Average of the stock is 13.88%, while the 200-Day Moving Average is calculated to be 124.44%.
Shares Statistics:
A total of 128.74M shares are outstanding, with a floating share count of 128.74M. Insiders hold about 0.00% of the company’s shares, while institutions hold 45.57% stake in the company.
Earnings Estimates
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 $7.04 and $5.66 for the fiscal current year, implying an average EPS of $6.49. EPS for the following year is $9.76, with 4.0 analysts recommending between $12.2 and $6.65.
Revenue Estimates
A total of 4 analysts have provided revenue estimates for LX’s current fiscal year. The highest revenue estimate was $14.23B, while the lowest revenue estimate was $13.77B, resulting in an average revenue estimate of $13.99B. In the same quarter a year ago, actual revenue was $13.06BBased on 4 analysts’ estimates, the company’s revenue will be $14.62B in the next fiscal year. The high estimate is $14.74B and the low estimate is $14.45B.
