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
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 Ratio17.70
Forward P/E Ratio19.73
P/E GrowthN/A
Sales & Book Value
Annual Sales$906.77 million
Price / Sales1.37
Cash Flow$3.3516 per share
Price / Cash10.95
Book Value$13.89 per share
Price / Book2.64
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
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) announced its quarterly earnings data on Thursday, May, 24th. The software maker reported $0.59 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.60 by $0.01. The software maker earned $232.90 million during the quarter, compared to the consensus estimate of $228.74 million. Luxoft had a return on equity of 16.33% and a net margin of 6.29%. The company's revenue was up 14.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.63 earnings per share. View Luxoft's Earnings History.
When is Luxoft's next earnings date?
What price target have analysts set for LXFT?
11 Wall Street analysts have issued 12 month price targets for Luxoft's shares. Their predictions range from $35.00 to $67.00. On average, they expect Luxoft's share price to reach $54.50 in the next year. 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 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. " (6/1/2018)
- 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)
Are investors shorting Luxoft?
Luxoft saw a decrease in short interest in May. As of May 31st, there was short interest totalling 393,023 shares, a decrease of 52.8% from the May 15th total of 833,190 shares. Based on an average trading volume of 681,183 shares, the days-to-cover ratio is presently 0.6 days. Currently, 1.8% of the company's shares are sold short.
Who are some of Luxoft's key competitors?
Some companies that are related to Luxoft include Zscaler (ZS), Syntel (SYNT), Callidus Software (CALD), Virtusa (VRTU), PROS (PRO), Perficient (PRFT), Monotype Imaging (TYPE), Glu Mobile (GLUU), AGM Group (AGMH), Formula Systems (1985) (FORTY), Computer Programs & Systems (CPSI), PDF Solutions (PDFS), Synchronoss Technologies (SNCR), RealNetworks (RNWK) and Computer Task Group (CTG).
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?
Headlines about LXFT stock have been trending somewhat positive recently, according to Accern. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Luxoft earned a daily sentiment score of 0.12 on Accern's scale. They also assigned press coverage about the software maker an impact score of 45.99 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
Who are Luxoft's major shareholders?
Luxoft's stock is owned by many different of institutional and retail investors. Top institutional shareholders include FIL Ltd (2.61%), Manning & Napier Group LLC (1.18%), Barings LLC (1.03%), Hawk Ridge Capital Management LP (0.99%), Dimensional Fund Advisors LP (0.97%) and BlackRock Inc. (0.70%). View Institutional Ownership Trends for Luxoft.
Which major investors are selling Luxoft stock?
LXFT stock was sold by a variety of institutional investors in the last quarter, including Bloom Tree Partners LLC, JPMorgan Chase & Co., BlackRock Inc., Barclays PLC, Russell Investments Group Ltd., Northern Trust Corp, Jacobson & Schmitt Advisors LLC and California Public Employees Retirement System. View Insider Buying and Selling for Luxoft.
Which major investors are buying Luxoft stock?
LXFT stock was acquired by a variety of institutional investors in the last quarter, including FIL Ltd, Manning & Napier Group LLC, Barings LLC, Hawk Ridge Capital Management LP, Athanor Capital LP, RMB Capital Management LLC, Lee Capital Management LP and Dimensional Fund Advisors LP. View Insider Buying and Selling for Luxoft.
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 $36.70.
How big of a company is Luxoft?
Luxoft has a market capitalization of $1.23 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 (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.
