On May, 24 Luxoft Holding, Inc. (LXFT) Analysts See $0.39 EPS

May 16, 2018 - By Jason Dias

Luxoft Holding, Inc. (NYSE:LXFT) Corporate Logo

Luxoft Holding, Inc. (NYSE:LXFT) is expected to reveal earnings on May, 24 before the open., as reported by Faxor. This year’s earnings per share analyst estimate is expected to be $0.39. That is 15.22 % down compareed to $0.46 earnings per share for last year. This could hit $13.06 million profit for LXFT assuming the current $0.39 earnings per share will become reality. After $0.67 earnings per share was announced previous quarter, analysts now see negative EPS growth of -41.79 % for Luxoft Holding, Inc.. LXFT hit $42.05 during the last trading session after $0.05 change.Currently Luxoft Holding, Inc. is downtrending after 31.27% change in last May 16, 2017. LXFT has also 105,234 shares volume. LXFT underperformed the S&P 500 by 42.82%.

Luxoft Holding, Inc. (NYSE:LXFT) Ratings Coverage

Total analysts of 7 have positions in Luxoft Holding Inc (NYSE:LXFT) as follows: 4 rated it a “Buy”, 0 with “Sell” and 3 with “Hold”. The positive are 57%. Since November 20, 2017 according to StockzIntelligence Inc Luxoft Holding Inc has 8 analyst reports. On Monday, November 20 the rating was maintained by UBS with “Neutral”. On Wednesday, February 14 the stock of Luxoft Holding, Inc. (NYSE:LXFT) has “Overweight” rating given by JP Morgan. On Wednesday, February 14 the firm earned “Hold” rating by Cowen & Co. In Tuesday, December 5 report KeyBanc Capital Markets upgraded the stock to “Overweight” rating. In Thursday, February 15 report KeyBanc Capital Markets maintained the stock with “Buy” rating. On Thursday, February 15 the company was maintained by Credit Suisse. In Wednesday, January 17 report Cantor Fitzgerald upgraded it to “Buy” rating and $65.0 target.

Luxoft Holding, Inc., together with its subsidiaries, provides software development services and IT solutions to multinational firms primarily in Europe and the United States.The firm is valued at $1.41 billion. It offers application software development, software architecture design, performance engineering, optimization and testing, process consulting, and software quality assurance services; functional specification and mock-up, product design, engineering, automated testing, maintenance, support, and performance engineering services; and IT strategy, software engineering process, and data security consulting services.The P/E ratio is 24.43. The company??s products and platforms include Teora, a suite of developer tools designed to enable automotive human machine interface developers build the logic of their user interface; Populus, a tool chain for HMI design and development, and the deployment of automotive user interfaces for distributed embedded systems; and AllView, a user-experience demonstrator that links instrument cluster, head unit, head-up display, and mobile devices.

More recent Luxoft Holding, Inc. (NYSE:LXFT) news were announced by Businesswire.com, Digitaljournal.com and Businesswire.com. The first one has “Glancy Prongay & Murray LLP Announces Investigation on Behalf of Luxoft Holding, Inc. Investors (LXFT)” as a title and was announced on April 19, 2018. The next is “NYSE:LXFT Shareholder Notice: Investigation over Possible Securities Laws Violations by Luxoft Holding, Inc” on April 26, 2018. And last was announced on April 18, 2018, called “Luxoft Holding, Inc Announces Fourth Quarter Fiscal Year 2018 Earnings Release and Conference Call”.

Luxoft Holding, Inc. (NYSE:LXFT) Analyst Ratings Chart

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