With 6.11 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.74 million shares. The 52-week range on LX shows that it touched its highest point at $9.47 and its lowest point at $1.56 during that stretch. It currently has a 1-year price target of $6.42. With its current market cap of 1.21 billion, LX has annualized dividend of $0.14 while the current yield stands at 1.47%. Beta for the stock currently stands at 0.64.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LX was up-trending over the past week, with a rise of 8.46%, but this was up by 40.12% over a month. Three-month performance surged to 192.50% while six-month performance rose 434.86%. The stock gained 441.04% in the past year, while it has gained 61.38% so far this year. A look at the trailing 12-month EPS for LX yields 0.62 with Next year EPS estimates of 1.36. EPS is expected to grow by 58.33% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -13.91%.
Float and Shares Shorts:
At present, 128.74 million LX shares are outstanding with a float of 128.74 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LX since 5 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 1 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $6.8552 being high and $5.51523 being low. For LX, this leads to a yearly average estimate of $6.31758. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
