Luxoft Holding Company Profile (NYSE:LXFT)

Luxoft Holding trades on the New York Stock Exchange (NYSE) under the ticker symbol "LXFT."

Luxoft Holding, Inc. (NYSE:LXFT) released its quarterly earnings data on Monday, May, 22nd. The company reported $0.46 EPS for the quarter, missing the Zacks' consensus estimate of $0.51 by $0.05. The company had revenue of $204.10 million for the quarter, compared to the consensus estimate of $202.30 million. Luxoft Holding had a return on equity of 21.06% and a net margin of 7.97%. The company's revenue for the quarter was up 20.6% compared to the same quarter last year. During the same period last year, the firm earned $0.56 earnings per share. View Luxoft Holding's Earnings History.

Luxoft Holding updated its FY18 earnings guidance on Monday, May, 22nd. The company provided EPS guidance of at least $3.26 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.45. The company issued revenue guidance of at least $943 million, compared to the consensus revenue estimate of $950.89 million.

6 analysts have issued twelve-month price targets for Luxoft Holding's stock. Their predictions range from $55.00 to $80.00. On average, they expect Luxoft Holding's stock price to reach $67.50 in the next twelve months. View Analyst Ratings for Luxoft Holding.

Here are some recent quotes from research analysts about Luxoft Holding stock:

• 1. 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. " (5/26/2017)
• 2. Cantor Fitzgerald analysts commented, "4QFY17 above consensus Revenue for 4QFY17 was $204.1 mn, down 1.3% q/q, but up 20.6% y/y (22.0% in constant currency), vs. the $202.3 mn FactSet consensus. Revenue growth benefited from recent acquisitions, but the organic growth number was not broken out in the release. The adjusted operating profit of $21.3 mn (10.4% adjusted operating margin) was up 13% y/y, but was below our estimate of $24.2 mn. Non-GAAP EPS was $0.63 vs. the consensus of $0.62." (5/23/2017)
• 3. UBS AG analysts commented, "Luxoft continues to reduce its dependence on the top three accounts. This has been painful for the stock as organic growth slowed to 7.5% and operating margin slipped over 100bps YoY for three quarters. Outside the top three accounts, Luxoft has set itself up for longer-term organic growth above 20%, but it will likely take time for investors to gain confidence in the new growth profile. We expect the first half of F18 to be viewed as a transition period as organic growth remains low and margin pressured. We think lapping the INSYS acquisition in F2H/18 along with top account stability could mark the beginning of the "post-big three" era." (2/16/2017)

Some companies that are related to Luxoft Holding include Ringcentral (RNG), HubSpot (HUBS), MicroStrategy Incorporated (MSTR), The Descartes Systems Group (DSGX), Ebix (EBIX), Envestnet (ENV), Q2 Holdings (QTWO), AppFolio (APPF), Benefitfocus (BNFT), Talend S.A. (TLND), Varonis Systems (VRNS), Mitel Networks Corporation (MITL), PROS Holdings (PRO), Instructure (INST), Fidessa Group plc (FDSA), Hortonworks (HDP), Apptio (APTI) and Workiva (WK).

Luxoft Holding's management team includes the folowing people:

• Dmitry Loschinin, President, Chief Executive Officer
• Roman Yakushkin, Chief Financial Officer
• Michael Friedland, Executive Vice President
• Przemyslaw Berendt, Vice President - Global Marketing
• Serkan Arslan, Managing Director, Luxoft Germany GmbH and Global Director - Business Development
• Vadim Iasenik, Managing Director, Western Europe
• Konstantin Konov, Managing Director, Sofia, Bulgaria
• Maik Lankau, Managing Director and Global Head - Business Development
• Peter Mossack, Managing Director, Stuttgart, Germany
• Enrique Cortes Rello, Managing Director, Guadalajara, Mexico

Luxoft Holding's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Hartwell J M Limited Partnership (1.77%), Handelsbanken Fonder AB (1.04%), Russell Investments Group Ltd. (0.64%), Genesis Asset Managers LLP (0.36%), Acadian Asset Management LLC (0.05%) and Handelsinvest Investeringsforvaltning (0.03%). View Institutional Ownership Trends for Luxoft Holding.

Luxoft Holding's stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Handelsinvest Investeringsforvaltning and Hartwell J M Limited Partnership. View Insider Buying and Selling for Luxoft Holding.

Luxoft Holding's stock was bought by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, State of New Jersey Common Pension Fund D and Janney Capital Management LLC. View Insider Buying and Selling for Luxoft Holding.

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.

One share of Luxoft Holding stock can currently be purchased for approximately $62.20.