Lionbridge Technologies Inc. (LIOX) Shares Down 1.6%
Lionbridge Technologies Inc. (NASDAQ:LIOX) shares dropped 1.6% on Thursday . The stock traded as low as $4.75 and last traded at $4.78, with a volume of 111,155 shares. The stock had previously closed at $4.86.
LIOX has been the subject of several research reports. Zacks Investment Research upgraded Lionbridge Technologies from a “hold” rating to a “buy” rating and set a $4.75 price target for the company in a research note on Tuesday, May 10th. B. Riley reiterated a “buy” rating and set a $6.75 price target on shares of Lionbridge Technologies in a research note on Thursday, May 12th. TheStreet downgraded Lionbridge Technologies from a “buy” rating to a “hold” rating in a research note on Friday, June 3rd. Finally, Barrington Research cut their price target on Lionbridge Technologies from $8.00 to $7.00 and set an “outperform” rating for the company in a research note on Monday, May 9th.
The company has a market cap of $283.80 million and a price-to-earnings ratio of 30.12. The stock has a 50 day moving average price of $4.53 and a 200 day moving average price of $4.55.
Lionbridge Technologies (NASDAQ:LIOX) last announced its quarterly earnings data on Thursday, August 4th. The company reported $0.14 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.17 by $0.03. The business earned $144.20 million during the quarter, compared to analyst estimates of $146.35 million. The company’s revenue was up .3% compared to the same quarter last year. During the same period last year, the firm earned $0.19 EPS. Equities analysts expect that Lionbridge Technologies Inc. will post $0.56 earnings per share for the current fiscal year.
Lionbridge Technologies, Inc (Lionbridge) is a provider of globalization solutions. The Company provides translation, online marketing, global content management and application testing solutions that ensure local relevancy, global brand consistency and technical usability. The Company operates in three segments: Global Language and Content (GLC), Global Enterprise Solutions (GES) and Interpretation Services.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.