LexinFintech Holdings Ltd ADR (NASDAQ: LX) Is Getting Increasingly Hard To Ignore

Currently, there are 128.74M common shares owned by the public and among those 128.74M shares have been available to trade.

The company’s stock has a 5-day price change of -3.54% and 145.65% over the past three months. LX shares are trading 36.38% year to date (YTD), with the 12-month market performance up to 349.43% higher. It has a 12-month low price of $1.56 and touched a high of $9.61 over the same period. LX has an average intraday trading volume of 3.81 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.51%, 13.88%, and 124.44% respectively.

Institutional ownership of LexinFintech Holdings Ltd ADR (NASDAQ: LX) shares accounts for 45.57% of the company’s 128.74M shares outstanding.

It has a market capitalization of $1.02B and a beta (3y monthly) value of 0.62. The stock’s trailing 12-month PE ratio is 12.73, while the earnings-per-share (ttm) stands at $0.62. The company has a PEG of 0.22 and the debt-to-equity ratio at 0.44. Price movements for the stock have been influenced by the stock’s volatility, which stands at 9.91% over the week and 7.80% over the month.

Analysts forecast that LexinFintech Holdings Ltd ADR (LX) will achieve an EPS of 0 for the current quarter, 0 for the next quarter and 9.76 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0 while analysts give the company a high EPS estimate of 0. Earnings per share for the fiscal year are expected to increase by 98.25%, and 61.18% over the next financial year. EPS should grow at an annualized rate of 58.27% over the next five years, compared to -13.91% over the past 5-year period.

CLSA was of a view on March 16, 2023 that the stock is Buy, while Citigroup gave the stock Buy rating on March 14, 2023, issuing a price target of $2.31- $3.60. UBS on their part issued Buy rating on February 01, 2023.

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