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 maximum price target given was 86, implying potential capital gains of 37.93 percent. The most pessimistic price target 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -3.28 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 2.98 percent. If we look at the last 90 days instead, we find a net average change of -3.47 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
The growth rate of LXFT's earnings is estimated by analysts to be 27.85 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of LXFT is 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 price/earnings 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.