Media coverage about LexinFintech (NASDAQ:LX) has been trending somewhat positive on Tuesday, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. LexinFintech earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news headlines about the company an impact score of 48.1935995405385 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news headlines that may have impacted Accern’s rankings:
- LexinFintech Holdings Ltd.: Lexin Appoints Two New Directors to Expand Board (finanznachrichten.de)
- LexinFintech (LX) Releases Quarterly Earnings Results (americanbankingnews.com)
- Why LexinFintech Holdings Ltd – ADR (NASDAQ: LX) stock is falling (fxdailyreport.com)
- Lexinfintech posts 4Q profit (finance.yahoo.com)
LX has been the topic of several analyst reports. Goldman Sachs initiated coverage on LexinFintech in a research note on Sunday, January 14th. They issued a “buy” rating and a $21.80 target price on the stock. Deutsche Bank initiated coverage on LexinFintech in a research note on Tuesday, January 16th. They issued a “buy” rating and a $21.00 target price on the stock.
LexinFintech (NASDAQ:LX) last released its earnings results on Tuesday, March 20th. The company reported $0.05 earnings per share for the quarter. The company had revenue of $244.95 million during the quarter. equities analysts anticipate that LexinFintech will post 1.36 EPS for the current year.
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LexinFintech Company Profile
LexinFintech Holdings Ltd. is a holding company. The Company is primarily engaged in providing online direct sales services and online consumer finance services. The Company’s online consumer finance platform, Fenqile, offers customers personal installment loans, installment purchase loans and other loan products.
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