LexinFintech Holdings Ltd ADR (NASDAQ: LX)’s stock price has plunge by -2.20relation to previous closing price of 5.89. Nevertheless, the company has seen a -2.20% plunge in its stock price over the last five trading sessions. seekingalpha.com reported 2025-01-06 that LexinFintech reported a 19.5% y/y decrease in total loan origination and an 11% decline in active users in Q3 2024. Despite a 9.3% increase in registered users and improved dividend policy, risks from U.S. regulations and macroeconomic factors remain. Adjusted net income dropped by 20%, and the new financial model indicates a lower margin of safety, leading me to close my position.
Is It Worth Investing in LexinFintech Holdings Ltd ADR (NASDAQ: LX) Right Now?
The price-to-earnings ratio for LexinFintech Holdings Ltd ADR (NASDAQ: LX) is above average at 9.27x, Company’s 36-month beta value is 0.66.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for LX is 128.68M, and currently, short sellers hold a 3.98% ratio of that floaft. The average trading volume of LX on January 07, 2025 was 4.27M shares.
LX’s Market Performance
LX stock saw an increase of -2.20% in the past week, with a monthly gain of 6.28% and a quarterly increase of 56.11%. The volatility ratio for the week is 5.58%, and the volatility levels for the last 30 days are 5.93% for LexinFintech Holdings Ltd ADR (LX). The simple moving average for the past 20 days is -2.95% for LX’s stock, with a 119.59% simple moving average for the past 200 days.
Analysts’ Opinion of LX
CLSA gave a rating of “Buy” to LX, setting the target price at $3.45 in the report published on March 16th of the previous year.
LX Trading at 23.18% from the 50-Day Moving Average
After a stumble in the market that brought LX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.50% of loss for the given period.
Volatility was left at 5.93%, however, over the last 30 days, the volatility rate increased by 5.58%, as shares surge +4.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +83.65% upper at present.
During the last 5 trading sessions, LX fell by -1.78%, which changed the moving average for the period of 200-days by +202.88% in comparison to the 20-day moving average, which settled at $5.94. In addition, LexinFintech Holdings Ltd ADR saw -0.68% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LX starting from Wang Neng, who proposed sale 40,000 shares at the price of $5.92 back on Dec 10 ’24. After this action, Wang Neng now owns shares of LexinFintech Holdings Ltd ADR, valued at $236,800 using the latest closing price.
WU Wei, the Director of LexinFintech Holdings Ltd ADR, proposed sale 29,000 shares at $5.55 during a trade that took place back on Dec 09 ’24, which means that WU Wei is holding shares at $160,950 based on the most recent closing price.
Stock Fundamentals for LX
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.36 for the gross margin
The net margin for LexinFintech Holdings Ltd ADR stands at 0.05. The total capital return value is set at 0.21. Equity return is now at value 7.38, with 3.23 for asset returns.
The debt to equity ratio resting at 0.44. The interest coverage ratio of the stock is 131.8.
Currently, EBITDA for the company is 1.52 billion with net debt to EBITDA at 1.08. When we switch over and look at the enterprise to sales, we see a ratio of 0.67. The receivables turnover for the company is 1.33for trailing twelve months and the total asset turnover is 0.62.
Conclusion
In a nutshell, LexinFintech Holdings Ltd ADR (LX) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
