Luxoft Holding, Inc., together with its subsidiaries, provides software development services and IT solutions to multinational corporations. The company 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. Its products and platforms include Populus, a tool chain for human machine interface (HMI) design and development, and the deployment of automotive user interfaces for distributed embedded systems; Qt Automotive Suite, which enables developers to create stunning user experience and ease the integration toward the system backend; AllView, an user-experience demonstrator; software tools and consulting services focused on scheduling analysis, architecture optimization, and timing verification; Pelux, a base development platform; and ARP, an automotive hardware reference platform. It serves financial services, automotive and transport, healthcare and life sciences, travel and aviation, technology, telecom, energy, and other industries. The company operates in North America, Europe, Russia, the Asia-Pacific, and internationally. Luxoft Holding, Inc. 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 Ratio2.87
Quick Ratio2.81
Price-To-Earnings
Trailing P/E Ratio23.76
Forward P/E Ratio31.23
P/E GrowthN/A
Sales & Book Value
Annual Sales$906.77 million
Price / Sales1.85
Cash Flow$3.4503 per share
Price / Cash14.39
Book Value$13.80 per share
Price / Book3.60
Profitability
EPS (Most Recent Fiscal Year)$2.09
Net Income$57.01 million
Net Margins6.09%
Return on Equity15.44%
Return on Assets11.90%
Miscellaneous
Employees12,898
Outstanding Shares33,730,000
Market Cap$1.63 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) posted its earnings results on Wednesday, August, 15th. The software maker reported $0.43 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.15 by $0.28. The software maker earned $212.79 million during the quarter, compared to the consensus estimate of $212.44 million. Luxoft had a return on equity of 15.44% and a net margin of 6.09%. Luxoft's revenue was up 1.7% on a year-over-year basis. During the same quarter last year, the company 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 updated 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 Wall Street analysts have issued 1 year price targets for Luxoft's stock. Their forecasts range from $35.00 to $65.00. On average, they expect Luxoft's share price to reach $52.1250 in the next year. This suggests a possible upside of 5.0% 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 6 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. " (9/22/2018)
- 2. Cantor Fitzgerald analysts commented, "Our Overweight rating is based on an attractive risk/reward at current valuation levels when evaluating Luxoft’s growth rate relative to other Digital businesses. We believe the current multiple provides a positive risk/reward, with opportunities for multiple expansion likely to come from reduced client concentration, healthy growth outside core clients, margin expansion, and the auto business. We value LXFT in line with the group P/E, as we believe revenue growth will return to an above-industry average." (9/3/2018)
Who are some of Luxoft's key competitors?
Some companies that are related to Luxoft include GEMALTO NV/S (GTOMY), Zscaler (ZS), Syntel (SYNT), Sogou (SOGO), Callidus Software (CALD), Virtusa (VRTU), Endava (DAVA), PROS (PRO), Glu Mobile (GLUU), Perficient (PRFT), Monotype Imaging (TYPE), Formula Systems (1985) (FORTY), AGM Group (AGMH), Computer Programs & Systems (CPSI) and Synchronoss Technologies (SNCR).
Who are Luxoft's key executives?
Luxoft's management team includes the folowing people:
- Mr. Dmitry A. Loschinin, Pres, CEO & 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
Who are Luxoft's major shareholders?
Luxoft's stock is owned by a variety of of institutional and retail 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 major 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 major 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, 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 $49.65.
How big of a company is Luxoft?
Luxoft has a market capitalization of $1.63 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.
