LexinFintech Is An Undervalued Hidden Gem [Seeking Alpha]
LexinFintech Holdings Ltd. - American Depositary Shares (LX)
Last lexinfintech holdings ltd. - american depositary shares earnings: 5/17 04:47 am
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US:NASDAQ Investor Relations:
ir.lexinfintech.com
Company Research
Source: Seeking Alpha
The company makes money as a matchmaker between young Chinese professionals and financial institutions. The business has strong fundamentals and high retention rates, but the market has not recognized its improving fundamentals. Price target of $5. Investment Thesis: LexinFintech ( NASDAQ: LX ) is one of the cheapest stocks in the Chinese fintech industry, offering investors a P/E multiple of under 2 at current prices. It is inexplicably cheap, yet no one has noticed the extreme discount it trades at. Despite being a Chinese stock, I believe the rewards dramatically outweigh risks and can offer potential multi-bagger returns as the business continues to profit. Given the large and growing market it operates in, its improving fundamentals, and its conservative leaning to higher quality loans, I think the business can continue to earn steady profits of around $1 EPS. LexinFintech Is A Matchmaker For Loans LX makes money as a matchmaker between young Chinese working profession
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News
- LexinFintech Holdings Ltd. (NASDAQ:LX) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- LexinFintech Holdings Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- LexinFintech (LX) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- LexinFintech Holdings Ltd. Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results [Yahoo! Finance]Yahoo! Finance
- LexinFintech Holdings Ltd. Reports Fourth Quarter and Full Year 2023 Unaudited Financial ResultsGlobeNewswire
LX
Sec Filings
- 4/29/24 - Form 20-F
- 4/22/24 - Form SC
- 3/21/24 - Form 6-K
- LX's page on the SEC website