Running On Fumes? – Luxoft Holding, Inc. (LXFT), BlackRock, Inc. (BLK)

1 analysts out of 9 Wall Street brokerage firms rate Luxoft Holding, Inc. (NYSE:LXFT) as a Buy, while 0 see it as a Sell. The rest 8 describe it as a Hold.

1 analysts out of 9 Wall Street brokerage firms rate Luxoft Holding, Inc. (NYSE:LXFT) as a Buy, while 0 see it as a Sell. The rest 8 describe it as a Hold. LXFT stock traded higher to an intra-day high of $58.69. At one point in session, its potential discontinued and the price was down to lows at $58.66. Analysts have set LXFT’s consensus price at $53.25, effectively giving it a -9.24% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $59 (up 0.56% from current price levels). LXFT has a 8.6% ROE, lower than the 12.87% average for the industry. The average ROE for the sector is 13.92%.

It is expected that in Mar 2019 quarter LXFT will have an EPS of $0.47, suggesting a 2.17% growth. For Jun 2019 is projected at $0.41. It means that there could be a 51.85% growth in the quarter. Yearly earnings are expected to rise by -14.83% to about $1.78. As for the coming year, growth will be about 25.28%, lifting earnings to $2.23. RSI after the last trading period was 56.34. LXFT recorded a change of -0.19% over the past week and returned 90.43% over the last three months while the LXFT stock’s monthly performance revealed a shift in price of 0.26%. The year to date (YTD) performance stands at 92.87%, and the bi-yearly performance specified an activity trend of 26.64% while the shares have moved 44.86% for the past 12 months.

Luxoft Holding, Inc. (LXFT) currently trades at $58.67, which is lower by 0% its previous price. It has a total of 34.02 million outstanding shares, with an ATR of around 0.11. The company’s stock volume dropped to 0.12 million, worse than 734.45 thousands that represents its 50-day average. A 5-day decrease of about -0.19% in its price means LXFT is now 92.87% higher on year-to-date. The shares have surrendered $43409.33 since its $58.99 52-week high price recorded on 26th of March 2019. Overall, it has seen a growth rate of 44.86 over the last 12 months. The current price per share is $28.94 above the 52 week low of $29.73 set on 3rd of January 2019.

Luxoft Holding, Inc. (NYSE:LXFT)’s EPS was $0.61 as reported for the December quarter. In comparison, the same quarter a year ago had an EPS of $0.89. That means that its growth in general now stands at -31%. Therefore, a prediction of $0.65 given by the analysts brought a negative surprise of -6%. LXFT Dec 19 quarter revenue was $230.35 million, compared to $236.61 million recorded in same quarter last year, giving it a -3% growth rate. The company’s $-6.26 million revenue decline that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

BlackRock, Inc. (NYSE:BLK) shares appreciated 0.6% over the last trading period, taking overall 5-day performance up to 4.63%. BLK’s price now at $439.07 is greater than the 50-day average of $426.04. Getting the trading period increased to 200 days, the stock price was seen at $442.48 on average. The general public currently hold control of a total of 152.58 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 157.14 million. The company’s management holds a total of 1.4%, while institutional investors hold about 83.4% of the remaining shares. BLK share price finished last trade 2.5% above its 20 day simple moving average and its downbeat gap from 200 day simple moving average is -0.87%, while closing the session with 3.18% distance from 50 day simple moving average.

BlackRock, Inc. (BLK) shares were last observed trading -21.17% down since June 07, 2018 when the peak of $557 was hit. Last month’s price growth of 1.51% puts BLK performance for the year now at 11.77%. Consequently, the shares price is trending higher by 21.7%, a 52-week worst price since Dec. 24, 2018. However, it is losing value with -7.27% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $434.24 and $436.65. The immediate resistance area is now $442.14 Williams’s %R (14) for BLK moved to 14.27 while the stochastic %K points at 82.07.

BLK’s beta is 1.43; meaning investors could reap higher returns, although it also poses higher risks. The company allocated $26.58 per share from its yearly profit to its outstanding shares. Its last reported revenue is $3.43 billion, which was -1% versus $3.47 billion in the corresponding quarter last year. The EPS for Dec 19 quarter came in at $6.08 compared to $6.24 in the year-ago quarter and had represented -3% year-over-year earnings per share growth. BLK’s ROA is 2.3%, lower than the 3.83% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 2.6%.

Estimated quarterly earnings for BlackRock, Inc. (NYSE:BLK) are around $6.05 per share in three months through March with $6.38 also the estimate for June quarter of the fiscal year. It means the growth is estimated at -9.7% and -4.2%, respectively. Analysts estimate full-year growth to be -1.89%, the target being $26.42 a share. The upcoming year will see an increase in growth by percentage to 10.26%, more likely to see it hit the $29.13 per share. The firm’s current profit margin over the past 12 months is 30.3%. BLK ranks lower in comparison to an average of 44.72% for industry peers; while the average for the sector is 29.12%.

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Luxoft Holding Inc. (LXFT) and Alteryx Inc. (NYSE:AYX) Comparing side by side

Luxoft Holding Inc. (NYSE:LXFT) and Alteryx Inc. (NYSE:AYX), are influenced by compare since they are both players in the Application Software.

Luxoft Holding Inc. (NYSE:LXFT) and Alteryx Inc. (NYSE:AYX), are influenced by compare since they are both players in the Application Software. These factors are particularly influence the analyst recommendations, profitability, risk, dividends, earnings and valuation, institutional ownership of the two firms.

Earnings and Valuation

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Luxoft Holding Inc. 904.44M 2.20 41.58M 1.23 47.75
Alteryx Inc. 253.57M 19.71 28.02M -0.16 0.00

Table 1 shows top-line revenue, earnings per share (EPS) and valuation of the two companies.

Profitability

Table 2 shows the net margins, return on assets and return on equity of the two firms.

Net Margins Return on Equity Return on Assets
Luxoft Holding Inc. 4.60% 8.6% 6.8%
Alteryx Inc. 11.05% -8.9% -3.8%

Liquidity

The Current Ratio and Quick Ratio of Luxoft Holding Inc. are 3.8 and 3.7 respectively. Its competitor Alteryx Inc.’s Current Ratio is 2.6 and its Quick Ratio is 2.6. Luxoft Holding Inc. can pay off short and long-term obligations better than Alteryx Inc.

Analyst Recommendations

In next table is shown Luxoft Holding Inc. and Alteryx Inc.’s ratings and recommendations.

Sell Ratings Hold Ratings Buy Ratings Rating Score
Luxoft Holding Inc. 0 2 2 2.50
Alteryx Inc. 0 1 2 2.67

The downside potential is -8.66% for Luxoft Holding Inc. with consensus target price of $53.67. On the other hand, Alteryx Inc.’s potential upside is 4.69% and its consensus target price is $84.67. The results provided earlier shows that Alteryx Inc. appears more favorable than Luxoft Holding Inc., based on analyst opinion.

Institutional & Insider Ownership

Roughly 99.9% of Luxoft Holding Inc. shares are owned by institutional investors while 99.13% of Alteryx Inc. are owned by institutional investors. About 5.33% of Luxoft Holding Inc.’s share are owned by insiders. Competitively, insiders own roughly 0.5% of Alteryx Inc.’s shares.

Performance

In this table we provide the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
Luxoft Holding Inc. 0.29% 0.79% 78.7% 25.92% 37.14% 92.27%
Alteryx Inc. -7.91% -4.06% 20.49% 20.52% 96.15% 14.78%

For the past year Luxoft Holding Inc. has stronger performance than Alteryx Inc.

Summary

On 8 of the 13 factors Luxoft Holding Inc. beats Alteryx Inc.

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 companyÂ’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.

Alteryx, Inc. provides self-service data analytics software platform that enables organizations to enhance business outcomes and the productivity of their business analysts. It offers Alteryx Designer for data preparation, blending, and analytics that could be deployable in the cloud and on premise; Alteryx Server, a secure and scalable product for sharing and running analytic applications in a Web-based environment; and Alteryx Analytics Gallery, a cloud-based collaboration offering that allows users to share workflows in a centralized repository. The company serves clients in business and financial services, consumer goods, healthcare, retail, technology, and travel and hospitality industries in approximately 50 countries. Alteryx, Inc. was founded in 1997 and is headquartered in Irvine, California.

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Reviewing Luxoft Holding Inc. (LXFT)’s and 2U Inc. (NASDAQ:TWOU)’s results

Both Luxoft Holding Inc. (NYSE:LXFT) and 2U Inc. (NASDAQ:TWOU) are Application Software companies, competing one another. We will contrast …

Both Luxoft Holding Inc. (NYSE:LXFT) and 2U Inc. (NASDAQ:TWOU) are Application Software companies, competing one another. We will contrast their dividends, analyst recommendations, profitability, institutional ownership, risk, earnings and valuation.

Earnings & Valuation

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Luxoft Holding Inc. 904.44M 2.20 41.58M 1.23 47.75
2U Inc. 411.77M 9.75 38.33M -0.71 0.00

Table 1 highlights Luxoft Holding Inc. and 2U Inc.’s gross revenue, earnings per share (EPS) and valuation.

Profitability

Table 2 shows Luxoft Holding Inc. and 2U Inc.’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Luxoft Holding Inc. 4.60% 8.6% 6.8%
2U Inc. -9.31% -6.2% -5.2%

Volatility & Risk

Luxoft Holding Inc.’s 2.44 beta indicates that its volatility is 144.00% more volatile than that of Standard and Poor’s 500. 2U Inc.’s 24.00% less volatile than Standard and Poor’s 500 which is a result of the 0.76 beta.

Liquidity

The Current Ratio and a Quick Ratio of Luxoft Holding Inc. are 3.8 and 3.7. Competitively, 2U Inc. has 7.6 and 7.6 for Current and Quick Ratio. 2U Inc.’s better ability to pay short and long-term obligations than Luxoft Holding Inc.

Analyst Ratings

Luxoft Holding Inc. and 2U Inc. Recommendations and Ratings are available on the next table.

Sell Ratings Hold Ratings Buy Ratings Rating Score
Luxoft Holding Inc. 0 3 2 2.40
2U Inc. 0 0 8 3.00

The consensus price target of Luxoft Holding Inc. is $52.25, with potential downside of -10.87%. Competitively 2U Inc. has a consensus price target of $87.25, with potential upside of 26.32%. Based on the analysts opinion we can conclude, 2U Inc. is looking more favorable than Luxoft Holding Inc.

Insider & Institutional Ownership

Roughly 99.9% of Luxoft Holding Inc. shares are owned by institutional investors while 0% of 2U Inc. are owned by institutional investors. 5.33% are Luxoft Holding Inc.’s share owned by insiders. On the other hand, insiders owned about 1.3% of 2U Inc.’s shares.

Performance

Here are the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
Luxoft Holding Inc. 0.29% 0.79% 78.7% 25.92% 37.14% 92.27%
2U Inc. -1.95% 22.8% 22.47% -20.03% -17.62% 40.41%

For the past year Luxoft Holding Inc. was more bullish than 2U Inc.

Summary

Luxoft Holding Inc. beats on 9 of the 13 factors 2U Inc.

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 companyÂ’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.

2U, Inc. provides cloud-based software-as-a-service (SaaS) solutions for nonprofit colleges and universities to deliver education to students. Its cloud-based SaaS platform solutions include online campus, an online learning platform that enables its clients to offer educational content together with instructor-led classes in a live, intimate, and engaging setting through proprietary Web-based and mobile applications. The companyÂ’s integrated back-end applications launch, operate, and support clients’ programs, as well as provide clients with real-time data and analytical insight related to student performance and engagement, student satisfaction, and enrollment. It also offers a suite of technology-enabled services, including content development and student acquisition, admissions application advisory, student and faculty support, student field placement, accessibility, immersion support, faculty recruitment, and state authorization services. The company was formerly known as 2Tor Inc. and changed its name to 2U, Inc. in October 2012. 2U, Inc. was founded in 2008 and is headquartered in Lanham, Maryland.

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Brokerages Set Luxoft Holding Inc (LXFT) Price Target at $50.14

Man Group plc boosted its position in shares of Luxoft by 2.2% during the 3rd quarter. Man Group plc now owns 350,564 shares of the software …

Luxoft logoShares of Luxoft Holding Inc (NYSE:LXFT) have received an average rating of “Hold” from the eleven analysts that are presently covering the stock, Marketbeat.com reports. Seven equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $50.14.

A number of brokerages have recently commented on LXFT. Zacks Investment Research upgraded Luxoft from a “sell” rating to a “hold” rating in a research note on Saturday, October 13th. Credit Suisse Group set a $48.00 price target on Luxoft and gave the company a “hold” rating in a research note on Monday, October 15th. KeyCorp dropped their price target on Luxoft from $57.00 to $52.00 and set an “overweight” rating for the company in a research note on Tuesday, November 13th. Cantor Fitzgerald restated a “buy” rating and issued a $52.00 price objective on shares of Luxoft in a report on Thursday, November 15th. Finally, JPMorgan Chase & Co. downgraded Luxoft from a “neutral” rating to an “underweight” rating in a report on Thursday, November 15th.

A number of institutional investors have recently modified their holdings of the business. NJ State Employees Deferred Compensation Plan boosted its position in shares of Luxoft by 50.0% during the 4th quarter. NJ State Employees Deferred Compensation Plan now owns 12,000 shares of the software maker’s stock worth $365,000 after purchasing an additional 4,000 shares in the last quarter. Moon Capital Management LLC boosted its position in shares of Luxoft by 1.3% during the 4th quarter. Moon Capital Management LLC now owns 78,000 shares of the software maker’s stock worth $2,373,000 after purchasing an additional 980 shares in the last quarter. Confluence Investment Management LLC boosted its position in shares of Luxoft by 1.4% during the 4th quarter. Confluence Investment Management LLC now owns 108,185 shares of the software maker’s stock worth $3,291,000 after purchasing an additional 1,445 shares in the last quarter. Man Group plc boosted its position in shares of Luxoft by 2.2% during the 3rd quarter. Man Group plc now owns 350,564 shares of the software maker’s stock worth $16,599,000 after purchasing an additional 7,533 shares in the last quarter. Finally, Grandeur Peak Global Advisors LLC boosted its position in shares of Luxoft by 7.3% during the 3rd quarter. Grandeur Peak Global Advisors LLC now owns 298,200 shares of the software maker’s stock worth $14,120,000 after purchasing an additional 20,175 shares in the last quarter. Hedge funds and other institutional investors own 56.04% of the company’s stock.

NYSE LXFT opened at $57.68 on Friday. Luxoft has a fifty-two week low of $29.73 and a fifty-two week high of $58.80. The firm has a market cap of $1.95 billion, a price-to-earnings ratio of 27.60 and a beta of 1.46.

Luxoft (NYSE:LXFT) last released its earnings results on Thursday, November 15th. The software maker reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.07. Luxoft had a return on equity of 14.00% and a net margin of 5.64%. The firm had revenue of $228.41 million during the quarter, compared to analysts’ expectations of $229.42 million. On average, equities analysts anticipate that Luxoft will post 1.76 EPS for the current fiscal year.

Luxoft Company Profile

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.

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Analyst Recommendations for Luxoft (NYSE:LXFT)

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Man Group plc Buys 7533 Shares of Luxoft Holding Inc (NYSE:LXFT)

Man Group plc grew its position in Luxoft Holding Inc (NYSE:LXFT) by 2.2% in the 3rd quarter, according to its most recent 13F filing with the Securities …

Luxoft logoMan Group plc grew its position in Luxoft Holding Inc (NYSE:LXFT) by 2.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 350,564 shares of the software maker’s stock after buying an additional 7,533 shares during the quarter. Man Group plc owned 1.04% of Luxoft worth $16,599,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. FMR LLC lifted its position in shares of Luxoft by 1.3% in the third quarter. FMR LLC now owns 2,242,332 shares of the software maker’s stock valued at $106,174,000 after acquiring an additional 28,998 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Luxoft by 82.6% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,955,048 shares of the software maker’s stock valued at $92,571,000 after purchasing an additional 884,095 shares during the last quarter. Franklin Resources Inc. increased its holdings in shares of Luxoft by 140.6% in the third quarter. Franklin Resources Inc. now owns 1,392,572 shares of the software maker’s stock valued at $65,938,000 after purchasing an additional 813,800 shares during the last quarter. Nan Shan Life Insurance Co. Ltd. acquired a new stake in shares of Luxoft in the third quarter valued at approximately $39,610,000. Finally, Alliancebernstein L.P. increased its holdings in shares of Luxoft by 12.5% in the third quarter. Alliancebernstein L.P. now owns 659,550 shares of the software maker’s stock valued at $31,230,000 after purchasing an additional 73,120 shares during the last quarter. Institutional investors and hedge funds own 53.97% of the company’s stock.

NYSE:LXFT traded up $0.04 during midday trading on Friday, reaching $57.24. The company had a trading volume of 923,900 shares, compared to its average volume of 2,940,750. The firm has a market cap of $1.93 billion, a PE ratio of 27.39 and a beta of 1.46. Luxoft Holding Inc has a 12-month low of $29.73 and a 12-month high of $58.80.

Luxoft (NYSE:LXFT) last announced its quarterly earnings results on Thursday, November 15th. The software maker reported $0.54 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.07. The company had revenue of $228.41 million during the quarter, compared to the consensus estimate of $229.42 million. Luxoft had a return on equity of 14.00% and a net margin of 5.64%. Equities analysts anticipate that Luxoft Holding Inc will post 1.76 earnings per share for the current fiscal year.

Several research firms recently commented on LXFT. ValuEngine raised Luxoft from a “hold” rating to a “buy” rating in a report on Monday. VTB Capital cut Luxoft from a “buy” rating to a “hold” rating in a research note on Wednesday. Zacks Investment Research raised Luxoft from a “sell” rating to a “hold” rating in a research note on Saturday, September 22nd. Credit Suisse Group raised their target price on Luxoft from $35.00 to $48.00 and gave the stock a “hold” rating in a research note on Thursday, September 20th. Finally, KeyCorp lowered their price target on Luxoft from $57.00 to $52.00 and set an “overweight” rating for the company in a research report on Tuesday, November 13th. Two analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $48.89.

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Luxoft Profile

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.

Featured Article: Systematic Risk

Institutional Ownership by Quarter for Luxoft (NYSE:LXFT)

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