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.
Many analysts weighed in on price targets for LXFT. The most optimistic price target was 86, which equates to a potential upside of 37.93 percent. The lowest price target was 58, which equates to a potential downside of -6.98 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
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. 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 have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
The growth rate of LXFT's earnings is estimated by analysts to be 27.85 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. LXFT has a PEG ratio of 1.21.
In the trailing 52-weeks, LXFT hit 67.85 at the highest peak, while it's lowest trading point was 48.20. The current market price is above the trailing year's low by 29.36 percent, and below the high by 8.11 percent. 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 market cap of LXFT is $2.15 billion. LXFT is estimated to release their earnings results for the quarter on 0000-00-00, days from today.