Luxoft Holding, Inc. engages in the provision of software development and information technology solutions. It operates through the following geographical segments: North America, Europe (excl. UK), United Kingdom, Russia, Asia-Pacific (APAC), and Other. The company was founded in March 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
Current SymbolNYSE:LXFT
Previous Symbol
CUSIPN/A
Phone41-41-726-2060
Debt
Debt-to-Equity RatioN/A
Current Ratio3.07
Quick Ratio3.01
Price-To-Earnings
Trailing P/E Ratio14.89
Forward P/E Ratio17.39
P/E GrowthN/A
Sales & Book Value
Annual Sales$906.77 million
Price / Sales1.16
Cash Flow$3.2977 per share
Price / Cash Flow9.44
Book Value$13.80 per share
Price / Book2.26
Profitability
EPS (Most Recent Fiscal Year)$2.09
Net Income$57.01 million
Net Margins5.64%
Return on Equity14.00%
Return on Assets10.97%
Miscellaneous
Employees12,898
Outstanding Shares33,730,000
Market Cap$1.07 billion
OptionableOptionable
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) issued its earnings results on Thursday, November, 15th. The software maker reported $0.54 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.47 by $0.07. The software maker earned $228.41 million during the quarter, compared to analysts' expectations of $229.42 million. Luxoft had a return on equity of 14.00% and a net margin of 5.64%. View Luxoft's Earnings History.
When is Luxoft's next earnings date?
What guidance has Luxoft issued on next quarter's earnings?
Luxoft updated its third quarter earnings guidance on Thursday, November, 15th. The company provided earnings per share guidance of $0.62-0.69 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.73. The company issued revenue guidance of $230-235 million, compared to the consensus revenue estimate of $250.62 million.Luxoft also updated its Q3 2019 guidance to $0.62-0.69 EPS.
What price target have analysts set for LXFT?
9 brokers have issued 1 year target prices for Luxoft's stock. Their forecasts range from $35.00 to $65.00. On average, they expect Luxoft's stock price to reach $49.6250 in the next year. This suggests a possible upside of 58.5% from the stock's current price. View Analyst Price Targets for Luxoft.
What is the consensus analysts' recommendation for Luxoft?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Luxoft in the last year. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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. " (11/16/2018)
- 2. Cantor Fitzgerald analysts commented, "We maintain our Overweight rating on LXFT and our 12-month PT of $52*. Luxoft reported 2QFY19 top-line results above Street expectations, but issued 3QFY19 guidance was below consensus. Adjusted EPS came in above consensus. The largest two accounts still face uncertainty, but Financial Services revenues outside of these accounts grew 16% and Auto grew by about 23%. We look to the earnings call to provide color/update on the outlook and performance for the largest clients, utilization and margin expectations, and full-year FY19 updates." (11/15/2018)
Has Luxoft been receiving favorable news coverage?
Press coverage about LXFT stock has trended somewhat positive on Friday, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Luxoft earned a media sentiment score of 1.8 on InfoTrie's scale. They also gave news articles about the software maker a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an effect on the stock's share price in the next several days.
Who are some of Luxoft's key competitors?
Some companies that are related to Luxoft include Sogou (SOGO), Endava (DAVA), Virtusa (VRTU), Glu Mobile (GLUU), PROS (PRO), Perficient (PRFT), AGM Group (AGMH), Monotype Imaging (TYPE), Formula Systems (1985) (FORTY), Computer Programs & Systems (CPSI), PDF Solutions (PDFS), Synchronoss Technologies (SNCR), Bright Mountain Media (BMTM), RealNetworks (RNWK) and Perion Network (PERI).
Who are Luxoft's key executives?
Luxoft's management team includes the folowing people:
- Dmitry A. Loschinin, President, Chief Executive Officer & Director
- Michael Friedland, Global Chief Operating Officer
- Evgeny Evgenievich Fetisov, Chief Financial Officer
- Vasiliy Suvorov, Vice President-Technology Strategy
- Yuri Elkin, Managing Director-Financial Services
Who are Luxoft's major shareholders?
Luxoft's stock is owned by a number of of retail and institutional investors. Top institutional investors include FMR LLC (6.65%), Massachusetts Financial Services Co. MA (5.80%), Franklin Resources Inc. (4.13%), FIL Ltd (3.35%), Nan Shan Life Insurance Co. Ltd. (2.48%) and Alliancebernstein L.P. (1.96%).
Which institutional investors are selling Luxoft stock?
LXFT stock was sold by a variety of institutional investors in the last quarter, including NWQ Investment Management Company LLC, FIL Ltd, Sloane Robinson LLP, JPMorgan Chase & Co., Standard Life Aberdeen plc, Standard Life Aberdeen plc, Tower Research Capital LLC TRC and Russell Investments Group Ltd..
Which institutional investors are buying Luxoft stock?
LXFT stock was bought by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Nan Shan Life Insurance Co. Ltd., Franklin Resources Inc., Vaughan Nelson Investment Management L.P., Barings LLC, Acadian Asset Management LLC, Dimensional Fund Advisors LP and Alliancebernstein L.P..
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 $31.30.
How big of a company is Luxoft?
Luxoft has a market capitalization of $1.07 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 12,898 workers across the globe.
What is Luxoft's official website?
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.
