NYSE:LXFT - Luxoft Stock Price, News, & Analysis

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

Luxoft Holding Inc (NYSE:LXFT) announced its quarterly earnings data on Wednesday, February, 13th. The software maker reported $0.61 EPS for the quarter, topping the Zacks' consensus estimate of $0.46 by $0.15. The software maker earned $230.36 million during the quarter, compared to the consensus estimate of $233.85 million. Luxoft had a net margin of 4.60% and a return on equity of 12.33%. Luxoft's quarterly revenue was down 2.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.89 EPS. View Luxoft's Earnings History.

Luxoft is scheduled to release their next quarterly earnings announcement on Thursday, May 23rd 2019. View Earnings Estimates for Luxoft.

8 brokers have issued 1-year price objectives for Luxoft's shares. Their predictions range from $35.00 to $59.00. On average, they anticipate Luxoft's stock price to reach $48.7143 in the next twelve months. This suggests that the stock has a possible downside of 17.1%. View Analyst Price Targets for Luxoft.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Luxoft in the last year. There are currently 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Luxoft.

Press coverage about LXFT stock has trended very negative this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Luxoft earned a media sentiment score of -3.6 on InfoTrie's scale. They also assigned news headlines about the software maker a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term.

Luxoft saw a increase in short interest in the month of February. As of February 15th, there was short interest totalling 1,078,301 shares, an increase of 97.2% from the January 31st total of 546,878 shares. Based on an average daily trading volume, of 407,120 shares, the days-to-cover ratio is presently 2.6 days. Approximately 5.1% of the shares of the stock are sold short. View Luxoft's Current Options Chain.

Some companies that are related to Luxoft include Amdocs (DOX), Aspen Technology (AZPN), GEMALTO NV/S (GTOMY), Sogou (SOGO), Glu Mobile (GLUU), Virtusa (VRTU), PROS (PRO), Endava (DAVA), Perficient (PRFT), Monotype Imaging (TYPE), Formula Systems (1985) (FORTY), Computer Programs & Systems (CPSI), AGM Group (AGMH), PDF Solutions (PDFS) and Synchronoss Technologies (SNCR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Luxoft investors own include Micron Technology (MU), NVIDIA (NVDA), Palo Alto Networks (PANW), Cisco Systems (CSCO), EPAM Systems (EPAM), Visa (V), Alibaba Group (BABA), QUALCOMM (QCOM), Pfizer (PFE) and Blackstone Group (BX).

Luxoft's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (7.51%), FMR LLC (6.64%), Vaughan Nelson Investment Management L.P. (2.67%), Prudential PLC (2.59%), Dimensional Fund Advisors LP (1.56%) and Dimensional Fund Advisors LP (1.56%).

LXFT stock was sold by a variety of institutional investors in the last quarter, including Prudential PLC, D. E. Shaw & Co. Inc., Two Sigma Investments LP, Edmond DE Rothschild Holding S.A., Kirr Marbach & Co. LLC IN, RMB Capital Management LLC, FMR LLC and Janney Capital Management LLC.

LXFT stock was bought by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Norges Bank, Vaughan Nelson Investment Management L.P., Horrell Capital Management Inc., Acadian Asset Management LLC, Millennium Management LLC, Canada Pension Plan Investment Board and Dimensional Fund Advisors LP.

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.

One share of LXFT stock can currently be purchased for approximately $58.76.

Luxoft has a market capitalization of $1.98 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.

The official website for Luxoft is http://www.luxoft.com.

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]