About Luxoft Holding
Luxoft Holding, Inc. is a provider of software development services and information technology solutions to a client base consisting of multinational corporations. The Company's software development services consist of custom software development and support, product engineering and testing, and technology consulting. Its products and platforms include Horizon, SuperCloud, Twister, iStockTrack, TEORA, Populus, AllView, CVNAR and Retail Engagement Suite (RES) in Internet of Things (IoT) space. Its advisory, platform architecture selection and packaged software services include consulting and implementation of Murex and Open Link, technology consulting, and in-house products and platforms. It is focused on over six industry verticals, including financial services; automotive and transport; telecommunications; travel and aviation; technology, and energy. It operates in the United States, Romania, the United Kingdom, Switzerland, Russia, Poland, Ukraine, Luxembourg, Germany and Cyprus.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Application Software
- Sub-Industry: N/A
- Exchange: NYSE
- Symbol: LXFT
- Previous Close: $55.55
- 50 Day Moving Average: $59.10
- 200 Day Moving Average: $54.60
- 52-Week Range: $46.58 - $66.18
- Trailing P/E Ratio: 29.56
- Foreward P/E Ratio: 15.92
- P/E Growth: 1.22
- Market Cap: $1.84B
- Outstanding Shares: 33,196,000
- Beta: 1.52
- Net Margins: 8.80%
- Return on Equity: 22.83%
- Return on Assets: 17.31%
Companies Related to Luxoft Holding:
- Current Ratio: 2.51%
- Quick Ratio: 2.48%
What is Luxoft Holding's stock symbol?
Luxoft Holding trades on the New York Stock Exchange (NYSE) under the ticker symbol "LXFT."
Where is Luxoft Holding's stock going? Where will Luxoft Holding's stock price be in 2017?
9 brokerages have issued twelve-month price targets for Luxoft Holding's shares. Their forecasts range from $55.00 to $85.00. On average, they expect Luxoft Holding's stock price to reach $68.13 in the next twelve months.
When will Luxoft Holding announce their earnings?
Luxoft Holding is scheduled to release their next quarterly earnings announcement on Wednesday, May, 10th 2017.
What are analysts saying about Luxoft Holding stock?
Here are some recent quotes from research analysts about Luxoft Holding stock:
According to Zacks Investment Research, "Luxoft Holding, Inc. offers software development services and information technology solutions. Its software development services consist of software development and support, product engineering and testing and technology consulting. The Company focuses on six industry verticals: financial services, travel and aviation, technology, telecom, automotive and transport and energy. It operates primarily in Western Europe and North America. Luxoft Holding, Inc. is based in Tortola, Virgin Islands. " (2/21/2017)
- Cantor Fitzgerald analysts commented, "We maintain our Neutral rating on LXFT and maintain our PT of $55. Our Neutral rating is based on a slowdown in growth among large clients (two clients make up 50% of revenue) and operational risk. LXFT reported quarterly results just below expectations, with continental Europe showing strong growth again, but growth in the Financial Services vertical continued to slow. We like Luxoft's positioning in software development in the Digital movement, but we believe better visibility regarding the growth prospects of key large clients, stabilization in the financial service vertical, and continued reduction in operational risk will be necessary for multiple expansion." (2/16/2017)
Who owns Luxoft Holding stock?
Luxoft Holding's stock is owned by a number of of retail and institutional investors. Top institutional investors include FMR LLC (4.59%), Prudential PLC (2.05%), Allianz Asset Management AG (2.03%), William Blair Investment Management LLC (1.54%), Franklin Resources Inc. (1.20%) and Handelsbanken Fonder AB (1.15%).
Who sold Luxoft Holding stock? Who is selling Luxoft Holding stock?
Luxoft Holding's stock was sold by a variety of institutional investors in the last quarter, including Credit Agricole S A, William Blair Investment Management LLC, Marshall Wace LLP and Allianz Asset Management AG.
Who bought Luxoft Holding stock? Who is buying Luxoft Holding stock?
Luxoft Holding's stock was bought by a variety of institutional investors in the last quarter, including Prudential PLC, Russell Investments Group Ltd., DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, NWQ Investment Management Company LLC, State Street Corp, FMR LLC, Bayesian Capital Management LP and Handelsbanken Fonder AB.
How do I buy Luxoft Holding stock?
Shares of Luxoft Holding can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Luxoft Holding stock cost?
One share of Luxoft Holding stock can currently be purchased for approximately $55.55.