Luxoft Holding, Inc. (LXFT) At $57.40 Forms Bottom; Pledger & Co Has 1.16 Sentiment

Luxoft Holding, Inc. (LXFT) formed multiple bottom with $55.68 target or 3.00% below today’s $57.40 share price. Luxoft Holding, Inc. (LXFT) has $1.92 billion valuation. The stock decreased 0.26% or $0.15 during the last trading session, reaching $57.4. About 233,294 shares traded. Luxoft Holding, Inc. (NYSE:LXFT) has risen 10.58% since February 2, 2017 and is uptrending. It has underperformed by 6.12% the S&P500.

Oppenheimer Holdings Inc. provides middle-market investment banking and full service broker-dealer services and products. The company has market cap of $370.34 million. The firm offers full-service brokerage services covering exchange-traded and over-the-counter corporate equity and debt securities, money market instruments, exchange-traded options and futures contracts, municipal bonds, mutual funds, and unit investment trusts; financial and wealth planning services; and margin lending services. It currently has negative earnings. It also provides asset management services, including separately managed accounts, mutual fund managed accounts, discretionary portfolio management programs, fee non-discretionary investment advisory services, alternative investments, portfolio enhancement programs, investment advisory services, and institutional taxable fixed income portfolio management services.

Analysts await Luxoft Holding, Inc. (NYSE:LXFT) to report earnings on February, 13. They expect $0.61 EPS, down 8.96% or $0.06 from last year’s $0.67 per share. LXFT’s profit will be $20.43 million for 23.52 P/E if the $0.61 EPS becomes a reality. After $0.66 actual EPS reported by Luxoft Holding, Inc. for the previous quarter, Wall Street now forecasts -7.58% negative EPS growth.

Among 11 analysts covering Luxoft Holding (NYSE:LXFT), 8 have Buy rating, 1 Sell and 2 Hold. Therefore 73% are positive. Luxoft Holding had 34 analyst reports since July 28, 2015 according to SRatingsIntel. The stock has “Buy” rating by Berenberg on Friday, June 10. UBS maintained the stock with “Buy” rating in Friday, August 14 report. UBS maintained it with “Buy” rating and $68 target in Tuesday, July 28 report. The stock of Luxoft Holding, Inc. (NYSE:LXFT) earned “Neutral” rating by UBS on Tuesday, August 16. The firm earned “Buy” rating on Thursday, March 24 by Sterne Agee CRT. The stock of Luxoft Holding, Inc. (NYSE:LXFT) has “Buy” rating given on Thursday, November 12 by UBS. The firm earned “Hold” rating on Thursday, September 28 by KeyBanc Capital Markets. Wedbush initiated Luxoft Holding, Inc. (NYSE:LXFT) rating on Friday, September 9. Wedbush has “Neutral” rating and $62 target. Wedbush upgraded Luxoft Holding, Inc. (NYSE:LXFT) rating on Friday, January 6. Wedbush has “Outperform” rating and $67 target. Monness Crespi & Hardt maintained Luxoft Holding, Inc. (NYSE:LXFT) rating on Thursday, November 12. Monness Crespi & Hardt has “Buy” rating and $81 target.

Private Capital Management Llc holds 0.93% of its portfolio in Oppenheimer Holdings Inc. for 352,250 shares. Greenwich Wealth Management Llc owns 305,703 shares or 0.91% of their US portfolio. Moreover, Outfitter Advisors Ltd. has 0.4% invested in the company for 65,650 shares. The Illinois-based Perritt Capital Management Inc has invested 0.4% in the stock. Cove Street Capital Llc, a California-based fund reported 78,100 shares.

The stock increased 2.73% or $0.75 during the last trading session, reaching $28.25. About 65,932 shares traded. Oppenheimer Holdings Inc. (OPY) has risen 11.51% since February 2, 2017 and is uptrending. It has underperformed by 5.19% the S&P500.