In last trading session, LexinFintech Holdings Ltd. (NASDAQ:LX) saw 4,395,579 shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $7.01 trading at -$0.77 or -9.9% at ring of the bell on the day assigns it a market valuation of $1.27 Billion. That closing price of LX’s stock is at a discount of -141.51% from its 52-week high price of $16.93 and is indicating a premium of 7.99% from its 52-week low price of $6.45. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.79 Million shares which gives us an average trading volume of 2.08 Million if we extend that period to 3-months.
For LexinFintech Holdings Ltd. (LX), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.8. Splitting up the data highlights that, out of 11 analysts covering the stock, none rated the stock as a Sell while 2 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 8 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.4 in the current quarter.
LexinFintech Holdings Ltd. (NASDAQ:LX) trade information
In the face of being in the red today for losing -9.9%, in the last five days LX remained trading in the green while hitting it’s week-highest on Tuesday, Sep 15 when the stock touched $8.09-1 price level, adding 13.35% to its value on the day. LexinFintech Holdings Ltd.’s shares saw a change of -49.53% in year-to-date performance and have moved 0.72% in past 5-day. LexinFintech Holdings Ltd. (NASDAQ:LX) showed a performance of -16.84% in past 30-days. Number of shares sold short was 6.49 Million shares which calculate 3.12 days to cover the short interests.
LexinFintech Holdings Ltd. (LX) estimates and forecasts
Statistics highlight that LexinFintech Holdings Ltd. is scoring comparatively lower than the scores of other players of the relevant industry. The company lessened -19.98% of value to its shares in past 6 months, showing an annual growth rate of -63.64% while that of industry is -17.8. Apart from that, the company came lowering its revenue forecast for fiscal year 2020. The company is estimating its revenue growth to decline by -25.9% in the current quarter and calculating 46.3% increase in the next quarter. This year revenue growth is estimated to rise 25.9% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $533.91 Million for the same. And 1 analysts are in estimates of company making revenue of $641.38 Million in the next quarter that will end in December 01, 2020. Company posted $455.53 Million of sales in current quarter a year earlier. Analysts are expecting this quarter sales to grow by 17.2%.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 0% during past 5 years. In 2020, company’s earnings growth rate is likely to be around 12% while estimates for its earnings growth in next 5 years are of 2.36%
LexinFintech Holdings Ltd. (NASDAQ:LX)’s Major holders
Insiders are in possession of 4.88% of company’s total shares while institution are holding 39.97% percent of that, with stock having share float percentage of 42.03%. Investors also watch the number of corporate investors in a company very closely, which is 159 institutions for LexinFintech Holdings Ltd. that are currently holding shares of the company. Goldman Sachs Group, Inc. is the top institutional holder at LX for having 5.08 Million shares of worth $54.07 Million. And as of June 29, 2020, it was holding 4.61% of the company’s outstanding shares.
The second largest institutional holder is Vanguard Group, Inc. (The), which was holding about 3.37 Million shares on June 29, 2020. The number of shares represents firm’s hold over 3.06% of outstanding shares, having a total worth of $35.9 Million.
On the other hand, Baron Emerging Markets Fund and Vanguard International Stock Index-Total Intl Stock Indx are the top two Mutual Funds which own company’s shares. As of June 29, 2020, the former fund manager was holding 2337183 shares of worth $24.87 Million or 2.12% of the total outstanding shares. The later fund manager was in possession of 1.16 Million shares on April 29, 2020, making its stake of worth around $9.76 Million in the company or a holder of 1.05% of company’s stock.