Is LexinFintech Holdings Ltd ADR’s (NASDAQ: LX) Stock Due For A Strong Run?

In the last trading session, 3.17 million LexinFintech Holdings Ltd ADR (NASDAQ:LX) shares changed hands as the company’s beta touched 0.58. With the company’s per share price at $3.60 changed hands at -$0.01 or -0.28% during last session, the market valuation stood at $499.54M. LX’s last price was a discount, traded about -30.56% off its 52-week high of $4.70. The share price had its 52-week low at $1.56, which suggests the last value was 56.67% up since then. When we look at LexinFintech Holdings Ltd ADR’s average trading volume, we note the 10-day average is 3.88 million shares, with the 3-month average coming to 3.44 million.

Analysts gave the LexinFintech Holdings Ltd ADR (LX) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.80. If we narrow down to specifics, the data shows that 0 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended LX as a Hold, 3 felt it is a Buy and 1 rated the stock as Underweight. LexinFintech Holdings Ltd ADR’s EPS for the current quarter is expected to be 0.

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LexinFintech Holdings Ltd ADR (NASDAQ:LX) trade information

Instantly LX was in red as seen at the end of in last trading. With action -1.91%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 95.65%, with the 5-day performance at -1.91% in the red. However, in the 30-day time frame, LexinFintech Holdings Ltd ADR (NASDAQ:LX) is 7.46% up. Looking at the short shares, we see there were 1.06 million shares sold at short interest cover period of 0.16 days.

LexinFintech Holdings Ltd ADR (LX) estimates and forecasts

Year-over-year growth is forecast to reach 3.30% up from the last financial year. Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 1.94B.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -13.91%. The 2024 estimates are for LexinFintech Holdings Ltd ADR earnings to increase by 77.02%, but the outlook for the next 5-year period is at 2.36% per year.

LX Dividends

LexinFintech Holdings Ltd ADR is expected to release its next quarterly earnings report in December. The 3.83% annual yield figure for the share gives it an annual dividend of 0.14. It is important to note, however, that the 3.83% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.

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

TWO SIGMA ADVISERS, LP holds the second largest percentage of outstanding shares, with 0.9903% or 1.64 million shares worth $2.7 million as of 2024-06-30.