Lexin Fintech (NASDAQ:LXGet a rating) is expected to release its quarterly earnings data after the market closes on Wednesday, November 16.

Lexin Fintech (NASDAQ:LXGet a rating) last reported quarterly earnings data on Tuesday, August 16. The company reported earnings per share (EPS) of $0.13 for the quarter, missing analyst consensus estimates of $0.23 per ($0.10). The company had revenue of $360.23 million in the quarter. LexinFintech had a net margin of 11.64% and a return on equity of 14.82%.

LexinFintech stock up 7.7%

Shares of NASDAQ:LX opened at $1.40 on Friday. The company has a market capitalization of $257.42 million, a PE ratio of 1.67 and a beta of 0.43. The company has a debt ratio of 0.51, a current ratio of 1.80 and a quick ratio of 1.79. The company has a fifty-day moving average price of $1.66 and a two-hundred-day moving average price of $1.99. LexinFintech has a 1-year minimum of $1.26 and a 1-year maximum of $6.48.

Institutional entries and exits

Institutional investors have recently changed their positions in the company. Sei Investments Co. acquired a new stake in LexinFintech during Q1 worth approximately $31,000. Northern Trust Corp bought a new stake in LexinFintech during Q1 worth around $35,000. UBS Group AG increased its stake in LexinFintech by 11.8% in the second quarter. UBS Group AG now owns 50,269 shares in the company worth $112,000 after buying an additional 5,313 shares last quarter. Atria Wealth Solutions Inc. acquired a new stake in LexinFintech during Q1 worth approximately $129,000. Finally, Envestnet Asset Management Inc. increased its stake in LexinFintech by 112.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 65,687 shares of the company worth $172,000 after purchasing an additional 34,814 shares in the last quarter. Hedge funds and other institutional investors own 16.19% of the company’s shares.

About Lexin Fintech

(Get a rating)

LexinFintech Holdings Ltd., through its subsidiaries, provides online consumer credit services in the People’s Republic of China. The Company operates Fenqile.com, an online consumer credit and consumer finance platform that offers installment purchases and personal installment loans, as well as online direct sales with installment payment terms; and Le Hua Card, a scenario-based loan.

See also

Earnings history for LexinFintech (NASDAQ:LX)

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