The trading price of LexinFintech Holdings Ltd ADR (NASDAQ:LX) closed higher on Tuesday, May 06, and closing at $8.58, 3.87% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 9.55. In examining the 52-week price action we see that the stock hit a 52-week high of $11.64 and a 52-week low of $1.57. Over the past month, the stock has gained 4.51% in value.
LexinFintech Holdings Ltd ADR, whose market valuation is $1.14 billion at the time of this writing, is expected to release its quarterly earnings report in June. The dividend yield on the company stock is 2.12%, while its Forward Dividend ratio is 0.18. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 12.68 for current year and 15.72 for next year.
From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 15.13B.
On the technical side, indicators suggest LX has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned LX a recommendation rating is 5. Out of them, 1 rate it a Hold, while 3 recommend Buy, whereas 0 assign an Overweight rating. 1 analyst(s) have tagged LexinFintech Holdings Ltd ADR (LX) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 0.12, which symbolizes a positive outlook. A quick review shows that LX’s price is currently 13.74% off the SMA20 and -2.83% off the SMA50. The RSI metric on the 14-day chart is currently showing 54.43, and weekly volatility stands at 5.03%. When measured over the past 30 days, the indicator reaches 7.82%. LexinFintech Holdings Ltd ADR (NASDAQ:LX)’s beta value is currently sitting at 0.51, while the Average True Range indicator is currently displaying 0.62. With analysts defining $13.6-$13.6 as the low and high price targets, we arrive at a consensus price target of $13.6 for the trailing 12-month period. The current price is about -58.51% off the estimated low and -58.51% off the forecast high, based on this estimate. Investors will be thrilled if LX’s share price rises to $13.6, which is the median consensus price. At that level, LX’s share price would be -58.51% below current price.
To see how LexinFintech Holdings Ltd ADR stock has been performing in comparison to its peers in the industry, here are the numbers: LX stock’s performance was 3.87% in the latest trading, and 382.02% in the past year. LexinFintech Holdings Ltd ADR has a P/E ratio of 9.55.
An evaluation of the daily trading volume of LexinFintech Holdings Ltd ADR (NASDAQ:LX) indicates that the 3-month average is 4.33 million.
Currently, records show that 132.59 million of the company’s shares remain outstanding. The insiders hold 0.00% of outstanding shares, whereasinstitutions hold 47.32%. However, since the stock’s price has seen 47.93% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
