How to Buy Lexinfintech Holdings Stock
Lexinfintech Holdings Ltd
LexinFintech Holdings Ltd. , through its subsidiaries, offers online consumer finance services in the People's Republic of China. The company operates Fenqile.
Lexinfintech Holdings stock last closed at $7.29, down 2.21% from the previous day, and has increased 341.82% in one year. It has overperformed other stocks in the Credit Services industry by 3.09 percentage points. Lexinfintech Holdings stock is currently +364.33% from its 52-week low of $1.57, and -37.34% from its 52-week high of $11.64.
At the moment, there are 338.07M LX shares outstanding. The market cap of LX is $1.23B. In the past 24 hours, 905,000 LX shares were traded.
How to Buy Lexinfintech Holdings Stock
Wondering how to invest in Lexinfintech Holdings stock? Here's how.
- Figure out where to buy Lexinfintech Holdings stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide where to buy Lexinfintech Holdings stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Choose your method of payment and add your information.
- Research Lexinfintech Holdings stock: The Lexinfintech Holdings ticker symbol is LX. Is Lexinfintech Holdings stock a good investment? Should you buy shares of LX? How do LX's underlying business fundamentals look? Do top analysts think Lexinfintech Holdings is a good buy? Why has LX's stock price moved recently? (Hint: Our stock research website can help you evaluate if LX is a good stock to buy).
- Execute your LX purchase: Decide if you will purchase LX shares at the current market price or use a limit order to purchase LX stock at a particular price.
- Get the latest news on your investment in LX: Create a watchlist to key updates about your investment in Lexinfintech Holdings shares.
Step 1: Figure out where to buy Lexinfintech Holdings stock
You will need an online brokerage account in order to access the NASDAQ market and buy LX shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal information so you can buy LX today.
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Step 3: Deposit money your investment account
Now that you've filled out your info on the highest rated app to buy and sell stocks, you need to deposit funds:
Watch this video walkthrough if you need help transferring funds into your investment account.
Step 4: Research Lexinfintech Holdings stock
After you have identified the best place to buy Lexinfintech Holdings stock, it's very important to evaluate their stock before you buy, so you actually understand the risk as well as the opportunity.
Overview of key LX info
Fundamentals of Lexinfintech Holdings
WallStreetZen was created to help average investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on LX's stock page.
Is LX stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge LX's intrinsic value.
Using relative valuations measures:
- LX could be undervalued based on its P/E ratio of 6.61x, relative to Credit Services industry P/E ratio of 30.86x
- LX could be undervalued based on its P/B ratio of 0.79x, relative to Credit Services industry P/B ratio of 5.88x
- LX could be overvalued based on its PEG ratio of 3.51x
You can do more valuation research on LX's stock here.
A quick look at LX Financials
Passed Health Checks:
- There are more short-term assets than long-term liabilities on the LX balance sheet.
- Total LX debt is lower than 5 years ago, relative to shareholder equity.
- LX profit margin has gone up from 7.1% to 9.4% in the past year.
- There are more short-term assets than short-term liabilities on the LX balance sheet.
Failed Health Checks:
- LX has a relatively high debt to equity ratio of 1.02.
LX Momentum
LX Earnings
Last year, LX earnings were $184.61M. Over the past five year, LX's earnings have grown by 2.58% per year. This was slower than the Credit Services industry average of 15.4%.
Last year, LX revenue was $1.95B. In the past five year, LX's revenue has grown by 3.66% per year. This was slower than the Credit Services industry average of 10.25%.
You can research LX's earnings and revenue performance here.
Who is buying/selling LX?
Over the last year, executives and large shareholders at LX have not bought or sold any shares.
Dig into more about who owns LX shares here.
Does LX stock generate passive income?
Lexinfintech Holdings pays a dividend of 2.5%, compared to the Credit Services industry's average dividend yield of 3.65%. If you owned $1,000 of LX stock, you would have been paid $24.97 last year.
Get more data about Lexinfintech Holdings dividend yield and history here.
What do other investors have to say about LX?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Execute your LX purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine for most investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at an exact price, use a limit order.
Hit the Open Trade button and eToro will execute the order.
If you need more help with buying stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your investment in LX
Now that you own some LX stock, you'll want to keep up with your new investment.
Make a watchlist to monitor your LX stock.
LX Feed
How to Buy Stock in Lexinfintech Holdings
To reiterate, here are the 6 steps to buy Lexinfintech Holdings stock:
- Figure out where to buy Lexinfintech Holdings stock
- Sign up for your brokerage account
- Deposit money your investment account
- Research Lexinfintech Holdings stock
- Execute your LX purchase
- Get the latest news on your investment in LX
If you are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to get updates on your investment in Lexinfintech Holdings, click the button below.
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