LexinFintech Holdings Ltd. (NASDAQ: LX) is -1.34% lower on its value in year-to-date trading and has touched a low of $6.04 and a high of $16.93 in the current 52-week trading range. The LX stock was last observed hovering at around $6.61 in the last trading session, with the day’s loss setting it -0.37% off its average median price target of $66.19 for the next 12 months. It is also 93.65% off the consensus price target high of $98.25 offered by 12 analysts, but current levels are 88.35% higher than the price target low of $53.55 for the same period.
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Currently trading at $6.24, the stock is -5.70% and -11.85% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.22 million and changing -5.60% at the moment leaves the stock -23.91% off its SMA200. LX registered -55.25% loss for a year compared to 6-month loss of -41.76%. The firm has a 50-day simple moving average (SMA 50) of $6.76 and a 200-day simple moving average (SMA200) of $7.90.
The stock witnessed a 2.32% gain in the last 1 month and extending the period to 3 months gives it a -7.81%, and is -7.29% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.23% over the week and 5.24% over the month.
LexinFintech Holdings Ltd. (LX) has around 3227 employees, a market worth around $1.14B and $1.82B in sales. Current P/E ratio is 16.95 and Fwd P/E is 3.38. Profit margin for the company is 5.10%. Distance from 52-week low is 3.31% and -63.14% from its 52-week high. The company has generated returns on investments over the last 12 months (14.90%).
LexinFintech Holdings Ltd. (LX) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for LexinFintech Holdings Ltd. (LX) is a “Overweight”. 12 analysts offering their recommendations for the stock have an average rating of 1.90, where 2 rate it as a Hold and 2 think it is a “Overweight”. 8 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
LexinFintech Holdings Ltd. is expected to release its quarterly report on 05/24/2021 and quarterly earnings per share for the current quarter are estimated at $0.43 with sales reaching $646.75M over the same period.The EPS is expected to grow by 12.00% this year, but quarterly earnings will post 19.80% year-over-year.
LexinFintech Holdings Ltd. (LX) Top Institutional Holders
124 institutions hold shares in LexinFintech Holdings Ltd. (LX), with 8.65M shares held by insiders accounting for 4.74% while institutional investors hold 32.23% of the company’s shares. The shares outstanding are 182.50M, and float is at 105.06M with Short Float at 7.07%. Institutions hold 30.70% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 3.4 million shares valued at $23.28 million. The investor’s holdings represent 3.08% of the LX Shares outstanding. As of Sep 29, 2020, the second largest holder is BAMCO Inc. with 2.85 million shares valued at $19.54 million to account for 2.59% of the shares outstanding. The other top investors are Goldman Sachs Group, Inc. which holds 2.67 million shares representing 2.42% and valued at over $18.29 million, while Credit Suisse Ag/ holds 2.32% of the shares totaling 2.56 million with a market value of $17.55 million.
LexinFintech Holdings Ltd. (LX): Who are the competitors?
The company’s main competitors (and peers) include Omnicell Inc. (OMCL) that is 45.03% higher over the past 12 months. PDF Solutions Inc. (PDFS) is 26.66% up on the 1-year trading charts. Short interest in the company’s stock has risen 17.66% from the last report on Nov 29, 2020 to stand at a total of 6.48 million short shares sold with a short interest ratio of 4.15.