Weak Fundamental Momentum Drags LexinFintech Holdings Ltd ADR (LX) Upper

LexinFintech Holdings Ltd ADR (NASDAQ:LX) has a beta value of 0.56 and has seen 2.3 million shares traded in the last trading session. The company, currently valued at $444.03M, closed the last trade at $3.20 per share which meant it gained $0.03 on the day or 0.79% during that session. The LX stock price is -46.88% off its 52-week high price of $4.70 and 51.25% above the 52-week low of $1.56. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.24 million shares traded. The 3-month trading volume is 3.11 million shares.

The consensus among analysts is that LexinFintech Holdings Ltd ADR (LX) is Buy stock at the moment, with a recommendation rating of 1.80. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 5 have rated it as a Hold, with 3 advising it as a Buy. 1 have rated the stock as Underweight. The expected earnings per share for the stock is 0.

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

Sporting 0.79% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the LX stock price touched $3.20 or saw a rise of 9.6%. Year-to-date, LexinFintech Holdings Ltd ADR shares have moved 73.91%, while the 5-day performance has seen it change 2.56%. Over the past 30 days, the shares of LexinFintech Holdings Ltd ADR (NASDAQ:LX) have changed -5.88%. Short interest in the company has seen 1.06 million shares shorted with days to cover at 0.16.

LexinFintech Holdings Ltd ADR (LX) estimates and forecasts

The company’s shares have gained 75.82% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 4.10%.

1 analysts offering their estimates for the company have set an average revenue estimate of 1.94B for the current quarter.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -13.91% over the past 5 years. Earnings growth for 2024 is a modest 76.18% while over the next 5 years, the company’s earnings are expected to increase by 2.36%.

LX Dividends

LexinFintech Holdings Ltd ADR is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.14 at a share yield of 4.31%. The company’s dividend yield has gone up over the past 12 months.

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

The top two institutional holders are FIL LTD with over 12.29 million shares worth more than $20.28 million. As of 2024-06-30, FIL LTD held 7.4413% of shares outstanding.

The other major institutional holder is TWO SIGMA ADVISERS, LP, with the holding of over 1.64 million shares as of 2024-06-30. The firm’s total holdings are worth over $2.7 million and represent 0.9903% of shares outstanding.