58.35 0.00 (0.00%)
After hours: 4:17PM EST
|Bid||56.90 x 4000|
|Ask||0.00 x 800|
|Day's Range||58.20 - 58.38|
|52 Week Range||29.73 - 58.44|
|Beta (3Y Monthly)||3.29|
|PE Ratio (TTM)||47.83|
|Earnings Date||Nov 15, 2018 - Nov 19, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||53.25|
Luxoft (LXFT) delivered earnings and revenue surprises of -6.15% and -2.34%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Zug, Switzerland-based company said it had net income of 32 cents. Earnings, adjusted for one-time gains and costs, were 61 cents per share. The results missed Wall Street expectations. ...
LONDON, UK / ACCESSWIRE / February 13, 2019 / Luxoft Holding, Inc (NYSE: LXFT), a global IT service provider, today announced results for the three months ended December 31, 2018. Highlights - Three months ...
NEW YORK, NY / ACCESSWIRE / February 11, 2019 / Luxoft Holding, Inc (LXFT), a global technology services and consulting company, today announces it will showcase its Provider Lifecycle Management tool for healthcare payers at HIMSS 2019 from February 11-15 in Booth #7751 at Orlando's Orange County Convention Center. Built on Appian's platform, the tool automates how healthcare payers track their in-network providers, creating a real-time directory and credential validation service that reduces the risks of an out-of-date provider directory for payers. "Updating provider directories is a slow, manual process that is ripe for disruption.
Luxoft Holding Inc NYSE:LXFTView full report here! Summary * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for LXFT with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting LXFT. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $32 million over the last one-month into ETFs that hold LXFT are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Luxoft (LXFT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
We saw an ugly correction in Q4 of 2018, but the Enterprise Software sector showed great relative strength during that time.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return Read More...
In today’s round-up of the previous week’s top five shakers and fakers (i.e. winners and losers,), we see some major jumps or drops depending on how well company announcements were received. For some, ...
DXC Technology (DXC) aims to expedite the digital transformation journey across its clients and strengthen Digital Solutions business with the acquisition of Luxoft.
, a global software developer, was soaring Monday after announcing it will be bought by information technology company DXC Technology Co. DXC will pay $59 a share, all cash, to Luxoft shareholders. Shares of DXC rose 0.07% to $57.36.
The company's shares were up 83 percent at $58.02 in premarket trading, while DXC shares were flat. Guggenheim Securities and BofA Merrill Lynch acted as financial advisers to DXC while Credit Suisse acted as financial adviser to Luxoft.
Shares of Luxoft Holding Inc. rocketed 83% in premarket trade Monday, after the technology services and consulting company agreed to be acquired by DXC Technology Co. in a deal valued at $2 billion. DXC's stock rallied 4.7% ahead of the open. Under terms of the deal, DXC will pay $59.00 in cash for each Luxoft shares outstanding, representing an 86% premium to Friday's closing price of $31.70. DXC expects the deal to close by June 2019, with revenue synergies expected to come from cross-selling Luxoft's offerings. "Luxoft and DXC are highly complementary, and our shared vision of digital transformation makes this strategic combination a great fit for both organizations -- as well as enormously beneficial for our clients," said DXC Chief Executive Mike Lawrie. Luxoft's stock has tumbled 29.2% over the past three months through Friday and DXC shares have plunged 37.0%, while the S&P 500 has lost 12.3%.
DXC Technology (DXC) and Luxoft Holding, Inc (LXFT) today announced a definitive agreement for DXC to acquire Luxoft, a global-scale digital innovator with differentiated offerings, deep vertical industry expertise and world-class digital talent. Pursuant to the agreement between DXC and Luxoft, all of the issued and outstanding Luxoft Class A and Class B ordinary shares will receive $59.00 per share in cash, representing a total equity value of approximately $2 billion.
Back in 2009, Sahm Adrangi decided it was time to launch his own hedge fund, and so he founded Kerrisdale Capital Management, a New York-based investment management firm with the main focus on long-term value investments and event-driven special situations. The fund had successful investments throughout the years and in July 2017 it managed around […]