With 1.1 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.8 million shares. The 52-week range on LX shows that it touched its highest point at $11.64 and its lowest point at $1.57 during that stretch. It currently has a 1-year price target of $11.56. With its current market cap of 940.06 million, LX has annualized dividend of $0.18 while the current yield stands at 2.57%. Beta for the stock currently stands at 0.47.
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 down-trending over the past week, with a drop of -9.34%, but this was down by -8.16% over a month. Three-month performance dropped to -16.29% while six-month performance rose 66.04%. The stock gained 287.43% in the past year, while it has gained 22.24% so far this year. A look at the trailing 12-month EPS for LX yields 1.06 with Next year EPS estimates of 2.24. EPS is expected to grow by 83.11% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -13.56%.
Float and Shares Shorts:
At present, 132.59 million LX shares are outstanding with a float of 132.59 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 $6.73836 being high and $6.12675 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.
