Luxoft Holding, Inc. (LXFT) At $54.70 Forms Bottom; Glu Mobile (GLUU) Has 1.36 Sentiment

Glu Mobile Inc. develops, publishes, and markets a portfolio of free-to-play mobile games for the users of smartphones and tablet devices. The company has market cap of $493.32 million. The firm publishes titles in five genres, including fashion and celebrity, sports and action, food, home, and social networking. It currently has negative earnings. It creates games based on its own brands, including Contract Killer, Cooking Dash, Covet Fashion, Deer Hunter, Design Home, QuizUp, Racing Rivals, and Tap Sports Baseball.

Luxoft Holding, Inc. (LXFT) formed multiple bottom with $50.32 target or 8.00% below today’s $54.70 share price. Luxoft Holding, Inc. (LXFT) has $1.83B valuation. The stock decreased 4.70% or $2.7 during the last trading session, reaching $54.7. About 252,612 shares traded. Luxoft Holding, Inc. (NYSE:LXFT) has risen 10.58% since February 4, 2017 and is uptrending. It has underperformed by 6.12% the S&P500.

The stock decreased 5.26% or $0.2 during the last trading session, reaching $3.6. About 3.35 million shares traded. Glu Mobile Inc. (GLUU) has risen 5.65% since February 4, 2017 and is uptrending. It has underperformed by 11.05% the S&P500.

Analysts await Glu Mobile Inc. (NASDAQ:GLUU) to report earnings on February, 14. They expect $-0.06 EPS, up 53.85% or $0.07 from last year’s $-0.13 per share. After $-0.09 actual EPS reported by Glu Mobile Inc. for the previous quarter, Wall Street now forecasts -33.33% EPS growth.

Lyon Street Capital Llc holds 1.33% of its portfolio in Glu Mobile Inc. for 918,739 shares. Marathon Capital Management owns 293,750 shares or 0.47% of their US portfolio. Moreover, Menta Capital Llc has 0.38% invested in the company for 696,693 shares. The California-based Eam Investors Llc has invested 0.31% in the stock. Castleark Management Llc, a Illinois-based fund reported 1.19 million shares.

Since January 1, 0001, it had 0 insider buys, and 5 sales for $4.65 million activity.

Ratings analysis reveals 33% of Glu Mobile’s analysts are positive. Out of 3 Wall Street analysts rating Glu Mobile, 1 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $2.15 while the high is $2.3. The stock’s average target of $2.23 is -38.06% below today’s ($3.6) share price. GLUU was included in 3 notes of analysts from November 10, 2016. The stock of Glu Mobile Inc. (NASDAQ:GLUU) earned “Neutral” rating by Mizuho on Friday, December 23. The stock of Glu Mobile Inc. (NASDAQ:GLUU) earned “Buy” rating by Roth Capital on Monday, February 6. Benchmark maintained Glu Mobile Inc. (NASDAQ:GLUU) rating on Thursday, November 10. Benchmark has “Hold” rating and $2.15 target.

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. UBS maintained Luxoft Holding, Inc. (NYSE:LXFT) rating on Tuesday, July 28. UBS has “Buy” rating and $68 target. The stock has “Buy” rating by Cowen & Co on Friday, July 28. Cantor Fitzgerald upgraded Luxoft Holding, Inc. (NYSE:LXFT) on Wednesday, January 17 to “Buy” rating. Cowen & Co maintained Luxoft Holding, Inc. (NYSE:LXFT) rating on Friday, August 11. Cowen & Co has “Buy” rating and $6300 target. The company was upgraded on Tuesday, December 5 by KeyBanc Capital Markets. The firm has “Buy” rating by Berenberg given on Friday, June 10. Monness Crespi & Hardt maintained the shares of LXFT in report on Thursday, November 12 with “Buy” rating. Sterne Agee CRT initiated Luxoft Holding, Inc. (NYSE:LXFT) on Thursday, March 24 with “Buy” rating. Cowen & Co maintained it with “Buy” rating and $63.0 target in Thursday, October 12 report. UBS maintained it with “Buy” rating and $74 target in Friday, August 14 report.

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 $20.42 million for 22.42 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.

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