Luxoft Holding, Inc., together with its subsidiaries, provides software development services and IT solutions to multinational corporations primarily in Europe and the United States. 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 company's products and platforms include Teora, a suite of developer tools designed to enable automotive human machine interface (HMI) 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. It serves financial services, automotive and transport, travel and aviation, technology, telecom, healthcare and pharmaceutical, energy, and other industries. The company was founded in 2000 and is headquartered in Zug, Switzerland.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Custom computer programming services
Sub-IndustryN/A
SectorComputer and Technology
SymbolNYSE:LXFT
CUSIPN/A
Phone41-41-726-2060
Debt
Debt-to-Equity RatioN/A
Current Ratio3.04
Quick Ratio3.01
Price-To-Earnings
Trailing P/E Ratio20.12
Forward P/E Ratio25.96
P/E GrowthN/A
Sales & Book Value
Annual Sales$906.77 million
Price / Sales1.57
Cash Flow$3.5696 per share
Price / Cash11.78
Book Value$13.89 per share
Price / Book3.03
Profitability
EPS (Most Recent Fiscal Year)$2.09
Net Income$57.01 million
Net Margins6.29%
Return on Equity16.33%
Return on Assets12.39%
Miscellaneous
Employees12,766
Outstanding Shares33,840,000
Market Cap$1.35 billion
Luxoft (NYSE:LXFT) Frequently Asked Questions
What is Luxoft's stock symbol?
Luxoft trades on the New York Stock Exchange (NYSE) under the ticker symbol "LXFT."
How were Luxoft's earnings last quarter?
Luxoft Holding Inc (NYSE:LXFT) released its earnings results on Wednesday, August, 15th. The software maker reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.28. The software maker had revenue of $212.79 million for the quarter, compared to the consensus estimate of $212.44 million. Luxoft had a return on equity of 16.33% and a net margin of 6.29%. The firm's revenue was up 1.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.50 EPS. View Luxoft's Earnings History.
When is Luxoft's next earnings date?
What guidance has Luxoft issued on next quarter's earnings?
Luxoft issued an update on its second quarter earnings guidance on Wednesday, August, 15th. The company provided earnings per share (EPS) guidance of $0.28-0.36 for the period, compared to the Thomson Reuters consensus estimate of $0.34. The company issued revenue guidance of $225-230 million, compared to the consensus revenue estimate of $236.69 million.
What price target have analysts set for LXFT?
10 brokers have issued 1 year price targets for Luxoft's shares. Their predictions range from $35.00 to $65.00. On average, they expect Luxoft's stock price to reach $50.8750 in the next twelve months. This suggests a possible upside of 21.0% from the stock's current price. View Analyst Price Targets for Luxoft.
What is the consensus analysts' recommendation for Luxoft?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Luxoft in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Luxoft.
What are Wall Street analysts saying about Luxoft stock?
Here are some recent quotes from research analysts about Luxoft stock:
- 1. According to Zacks Investment Research, "Luxoft is a global IT service provider of innovative technology solutions that delivers measurable business outcomes to multinational companies. Its offerings encompass strategic consulting, custom software development services, and digital solution engineering. Luxoft enables companies to compete by leveraging its multi-industry expertise in the financial services, automotive, communications, and healthcare & life sciences sectors. Its managed delivery model is underpinned by a highly-educated workforce, allowing the Company to continuously innovate upwards on the technology stack to meet evolving digital challenges. Luxoft has more than 12,900 employees across 42 offices in 21 countries within five continents, with its operating headquarters office in Zug, Switzerland. " (8/16/2018)
- 2. Cantor Fitzgerald analysts commented, "2QFY18 revenues in line with consensus. Revenue for 2QFY18 was $228.0 mn, up 9.0% q/q and 16.1% y/y, vs. our estimate of $226.9 mn and the $227.9 mn FactSet consensus. The adjusted operating profit of $32.2 mn (14.1% adjusted operating margin) was up 2% y/y and was well above our estimate of $28.5 mn. Non-GAAP EPS was $0.82 vs. our estimate of $0.70 and the consensus of $0.77. Our Performance Table is on pg. 2." (11/17/2017)
Who are some of Luxoft's key competitors?
Some companies that are related to Luxoft include GEMALTO NV/S (GTOMY), Zscaler (ZS), Sogou (SOGO), Syntel (SYNT), Callidus Software (CALD), Virtusa (VRTU), Endava (DAVA), PROS (PRO), Perficient (PRFT), Glu Mobile (GLUU), Monotype Imaging (TYPE), Formula Systems (1985) (FORTY), Computer Programs & Systems (CPSI), Synchronoss Technologies (SNCR) and PDF Solutions (PDFS).
Who are Luxoft's key executives?
Luxoft's management team includes the folowing people:
- Mr. Dmitry A. Loshchinin, CEO, Pres & Director (Age 51)
- Mr. Evgeny Evgenyevich Fetisov, Chief Financial Officer (Age 43)
- Mr. Michael Friedland, Exec. VP & Global COO (Age 51)
- Ms. Tracy H. Krumme, VP of Investor Relations (Age 50)
- Ms. Natasha Ziabkina, Gen. Counsel
Has Luxoft been receiving favorable news coverage?
Media coverage about LXFT stock has trended positive recently, Accern reports. Accern rates the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Luxoft earned a daily sentiment score of 0.26 on Accern's scale. They also gave media headlines about the software maker an impact score of 47.62 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future. View Recent Headlines for Luxoft.
Who are Luxoft's major shareholders?
Luxoft's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (3.16%), Standard Life Aberdeen plc (1.46%), Dimensional Fund Advisors LP (1.20%), Barings LLC (1.04%), Grandeur Peak Global Advisors LLC (0.82%) and Janus Henderson Group PLC (0.74%).
Which institutional investors are selling Luxoft stock?
LXFT stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, BlackRock Inc., Millennium Management LLC, Russell Investments Group Ltd., Grandeur Peak Global Advisors LLC, Jacobson & Schmitt Advisors LLC and Hartwell J M Limited Partnership.
Which institutional investors are buying Luxoft stock?
LXFT stock was acquired by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Sloane Robinson LLP, Dimensional Fund Advisors LP, Horrell Capital Management Inc., Formula Growth Ltd., Kirr Marbach & Co. LLC IN, Standard Life Aberdeen plc and Engineers Gate Manager LP.
How do I buy shares of Luxoft?
Shares of LXFT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Luxoft's stock price today?
One share of LXFT stock can currently be purchased for approximately $42.05.
How big of a company is Luxoft?
Luxoft has a market capitalization of $1.35 billion and generates $906.77 million in revenue each year. The software maker earns $57.01 million in net income (profit) each year or $2.09 on an earnings per share basis. Luxoft employs 12,766 workers across the globe.
How can I contact Luxoft?
Luxoft's mailing address is GUBELSTRASSE 24, ZUG V8, 6300. The software maker can be reached via phone at 41-41-726-2060 or via email at [email protected]
MarketBeat Community Rating for Luxoft (NYSE LXFT)
MarketBeat's community ratings are surveys of what our community members think about Luxoft and other stocks. Vote "Outperform" if you believe LXFT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LXFT will underperform the S&P 500 over the long term. You may vote once every thirty days.
