In last trading session, LexinFintech Holdings Ltd ADR (NASDAQ:LX) saw 3.0 million shares changing hands with its beta currently measuring 0.58. Company’s recent per share price level of $2.88 trading at -$0.14 or -4.64% at ring of the bell on the day assigns it a market valuation of $399.63M. That closing price of LX’s stock is at a discount of -63.19% from its 52-week high price of $4.70 and is indicating a premium of 45.83% from its 52-week low price of $1.56. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 9.63 million shares which gives us an average trading volume of 2.58 million if we extend that period to 3-months.
For LexinFintech Holdings Ltd ADR (LX), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.67. Splitting up the data highlights that, out of 5 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 3 see the stock as a Buy. 1 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
LexinFintech Holdings Ltd ADR (NASDAQ:LX) trade information
Upright in the red during last session for losing -4.64%, in the last five days LX remained trading in the red while hitting it’s week-highest on Monday, 10/14/24 when the stock touched $2.88 price level, adding 24.8% to its value on the day. LexinFintech Holdings Ltd ADR’s shares saw a change of 56.52% in year-to-date performance and have moved -9.15% in past 5-day. LexinFintech Holdings Ltd ADR (NASDAQ:LX) showed a performance of 72.46% in past 30-days. Number of shares sold short was 0.3 million shares which calculate 0.16 days to cover the short interests.
LexinFintech Holdings Ltd ADR (LX) estimates and forecasts
This year revenue growth is estimated to rise 4.20% 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 1.94B for the same.
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 -13.91% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 76.10% while estimates for its earnings growth in next 5 years are of 2.36%.
LexinFintech Holdings Ltd ADR (NASDAQ:LX)’s Major holders
FIL LTD is the top institutional holder at LX for having 12.29 million shares of worth $20.28 million. And as of 2024-06-30, it was holding 7.4413 of the company’s outstanding shares.
The second largest institutional holder is TWO SIGMA ADVISERS, LP, which was holding about 1.64 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.9903 of outstanding shares, having a total worth of $2.7 million.
On the other hand, DFA Emerging Markets Core Equity Portfolio and Avantis Emerging Markets Equity Fund are the top two Mutual Funds which own company’s shares. As of Jul 31, 2024 , the former fund manager was holding 611.77 shares of worth $1.76 million or 0.48% of the total outstanding shares. The later fund manager was in possession of 242.35 shares on Aug 31, 2024 , making its stake of worth around $0.7 million in the company or a holder of 0.19% of company’s stock.
