Analyst Ratings for Luxoft Holding Inc. (LXFT)Updated: 2017-07-27
Luxoft Holding Inc. (NYSE:LXFT) was awarded an average rating of Overweight from investment analysts following the stock. LXFT had previously received a consensus rating of Overweight a month ago.
13 analysts issued ratings on the stock, where 8 gave LXFT a buy rating, 0 issued an overweight rating, 5 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Investment analysts gave a few price targets for LXFT. The most optimistic analyst gave a price target of 86, which equates to a potential upside of 37.93 percent. The minimum price target given was 58, implying a possible loss of -6.98 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -3.28 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 2.98 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -3.47 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
Analysts estimate earnings of LXFT to grow at a rate of 27.85 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. LXFT has a PEG ratio of 1.21.
LXFT has traded between a high of 67.85 and a low of 48.20 over the past year. The current market price is above the trailing year's low by 29.36 percent, and 8.11 percent lower than its 52-week high. LXFT has a P/E ratio of 33.7. Investors typically compare the P/E ratio to a company's peers in the industry. The LXFT value stock report compares LXFT to some of its peers using value stock charts. The stock has a market capitalization of $2.15 billion. LXFT's next earnings release will be on 0000-00-00, which is days away.