LexinFintech Holdings Ltd ADR [NASDAQ: LX] jumped around 0.54 points on Thursday, while shares priced at $8.63 at the close of the session, up 6.67%.
Compared to the average trading volume of 3.47M shares, LX reached a trading volume of 4421652 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about LexinFintech Holdings Ltd ADR [LX]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LX shares is $6.42 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LX stock is a recommendation set at 1.17. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Citigroup have made an estimate for LexinFintech Holdings Ltd ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 26, 2024. The new note on the price target was released on November 24, 2023, representing the official price target for LexinFintech Holdings Ltd ADR stock. Previously, the target price had yet another raise to $3.45, while CLSA analysts kept a Buy rating on LX stock. On March 14, 2023, analysts increased their price target for LX shares from 2.31 to 3.60.
The Average True Range (ATR) for LexinFintech Holdings Ltd ADR is set at 0.48, with the Price to Sales ratio for LX stock in the period of the last 12 months amounting to 0.58. The Price to Book ratio for the last quarter was 0.75, with the Price to Cash per share for the same quarter was set at 4.26.
How has LX stock performed recently?
LexinFintech Holdings Ltd ADR [LX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.24. With this latest performance, LX shares gained by 37.86% in over the last four-week period, additionally plugging by 413.69% over the last 6 months – not to mention a rise of 382.12% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LX stock in for the last two-week period is set at 69.44, with the RSI for the last a single of trading hit 70.22, and the three-weeks RSI is set at 69.08 for LexinFintech Holdings Ltd ADR [LX]. The present Moving Average for the last 50 days of trading for this stock 6.57, while it was recorded at 8.18 for the last single week of trading, and 3.32 for the last 200 days.
Earnings analysis for LexinFintech Holdings Ltd ADR [LX]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for LexinFintech Holdings Ltd ADR go to 58.58%.
Insider trade positions for LexinFintech Holdings Ltd ADR [LX]
The top three institutional holders of LX stocks are: FIL LTD with ownership of 12.29 million shares, which is approximately 7.4413%. TWO SIGMA ADVISERS, LP, holding 1.64 million shares of the stock with an approximate value of $$2.7 million in LX stocks shares; and TWO SIGMA ADVISERS, LP, currently with $$2.56 million in LX stock with ownership which is approximately 0.9397%.
