Luxoft Shares Oversold, Provide Good Return Potential [Seeking Alpha]
LUXOFT HOLDING INC (LXFT)
Last luxoft holding inc earnings: 2/13 07:50 am
Check Earnings Report
US:NYSE Investor Relations:
investor.luxoft.com
Company Research
Source: Seeking Alpha
Software development services and IT solutions firm Luxoft ( LXFT ) recently released its 2Q19 results . They beat consensus on profitability but disappointed on guidance for 3Q19. LXFT's business model of outsourcing is a good fit in today’s market place. However, risks are increasing in sourcing talent from the Central & Eastern European regions where the company is operating. The weakness in its Financial services segment is set to be offset by its growth in Auto, and Digital services. In our opinion, the shares are favorably priced as the company navigates these potential growth opportunities. Disappointing Guidance 2Q19 results were mostly positive overall. Revenue came in at $228mn, which was flat YoY, but slightly above expectations. (Source: Luxoft Earnings Slides ) Adjusted EBITDA margin of 16% was down 5% YoY, but above management guidance of 13.5 to 14.5%. Managements guidance for the third quarter was below expectations at the top line of
Show less
Read more
Impact Snapshot
Event Time:
LXFT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LXFT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LXFT alerts
High impacting LUXOFT HOLDING INC news events
Weekly update
A roundup of the hottest topics