With 2.42 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.41 million shares. The 52-week range on LX shows that it touched its highest point at $9.82 and its lowest point at $1.56 during that stretch. It currently has a 1-year price target of $7.31. With its current market cap of 1.17 billion, LX has annualized dividend of $0.14 while the current yield stands at 1.52%. Beta for the stock currently stands at 0.42.
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 5.47%, but this was up by 13.96% over a month. Three-month performance surged to 64.43% while six-month performance rose 429.82%. The stock gained 426.74% in the past year, while it has gained 56.21% so far this year. A look at the trailing 12-month EPS for LX yields 0.62 with Next year EPS estimates of 1.40. EPS is expected to grow by 58.17% 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.
