Now Is The Time To Build A Position In LexinFintech Holdings Ltd ADR (NASDAQ:LX)

LexinFintech Holdings Ltd ADR (NASDAQ:LX)’s traded shares stood at 5.1 million during the latest session, with the company’s beta value hitting 0.54. At the last check today, the stock’s price was $3.76, to imply an increase of 10.59% or $0.36 in intraday trading. The LX share’s 52-week high remains $4.70, putting it -25.0% down since that peak but still an impressive 58.51% since price per share fell to its 52-week low of $1.56. The company has a valuation of $521.74M, with an average of 8.2 million shares in intraday trading volume over the past 10 days and average of 1.74 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for LexinFintech Holdings Ltd ADR (LX), translating to a mean rating of 1.67. Of 5 analyst(s) looking at the stock, 0 analyst(s) give LX a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 3 recommend it as a Buy. 1 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.

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LexinFintech Holdings Ltd ADR (NASDAQ:LX) trade information

After registering a 10.59% upside in the latest session, LexinFintech Holdings Ltd ADR (LX) has traded red over the past five days. The 5-day price performance for the stock is 57.32%, and 117.34% over 30 days. With these gigs, the year-to-date price performance is 104.35%. Short interest in LexinFintech Holdings Ltd ADR (NASDAQ:LX) saw shorts transact 0.42 million shares and set a 0.8 days time to cover.

LexinFintech Holdings Ltd ADR (LX) estimates and forecasts

The rating firms project that company’s revenue will grow 5.30% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is 1.94B.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -13.91% for the past 5-year period. While 2024 is set for a 74.29% return in earnings, projections for the next 5 years are at 2.36% annually.

LX Dividends

LexinFintech Holdings Ltd ADR has its next earnings report out in November. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. LexinFintech Holdings Ltd ADR has a forward dividend ratio of 0.14, with the share yield ticking at 3.67% to continue the rising pattern observed over the past year.

LexinFintech Holdings Ltd ADR (NASDAQ:LX)’s Major holders

The next major institution holding the largest number of shares is TWO SIGMA ADVISERS, LP with 1.64 million shares, or about 0.9903% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $2.7 million.