LexinFintech Holdings Ltd ADR (NASDAQ: LX) is -7.07% lower on its value in year-to-date trading and has touched a low of $1.56 and a high of $2.72 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LX stock was last observed hovering at around $1.68 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $1.71, the stock is 0.09% and 0.19% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.53 million and changing 1.79% at the moment leaves the stock -5.41% off its SMA200. LX registered -26.29% loss for a year compared to 6-month loss of -6.56%.
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The stock witnessed a -3.39% gain in the last 1 month and extending the period to 3 months gives it a -10.47%, and is 3.64% up 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 2.93% over the week and 3.40% over the month.
LexinFintech Holdings Ltd ADR (LX) has around 4268 employees, a market worth around $220.15M and $1.82B in sales. Current P/E ratio is 2.32 and Fwd P/E is 1.54. Profit margin for the company is 7.24%. Distance from 52-week low is 9.62% and -37.13% from its 52-week high. The company has generated returns on investments over the last 12 months (7.84%).
LexinFintech Holdings Ltd ADR quarterly earnings per share for the current quarter are estimated at 0.0.The EPS is expected to grow by 110.15% this year, but quarterly earnings will post -3.60% year-over-year.
The shares outstanding are 128.74M, and float is at 128.69M with Short Float at 0.25%.
The top institutional shareholder in the company is FIL LTD with over 12.29 million shares valued at $$22.12 million. The investor’s holdings represent 7.4635 of the LX Shares outstanding. As of 2024-03-31, the second largest holder is MILLENNIUM MANAGEMENT LLC with 1.73 million shares valued at $$3.12 million to account for 1.0517 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 1.61 million shares representing 0.9787 and valued at over $$2.9 million, while ACADIAN ASSET MANAGEMENT LLC holds 0.8649 of the shares totaling 1.42 million with a market value of $$2.56 million.
