Analysts Expect LightInTheBox Holding Co. Ltd. (LITB) to Announce ($0.03) EPS
LightInTheBox Holding Co. Ltd. (NYSE:LITB) has received an average broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.
Brokerages have set a 12-month consensus target price of $3.00 for the company and are predicting that the company will post ($0.03) EPS for the current quarter, according to Zacks. Zacks has also given LightInTheBox Holding Co. an industry rank of 21 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research upgraded shares of LightInTheBox Holding Co. from a “sell” rating to a “hold” rating in a research report on Tuesday, July 5th.
An institutional investor recently raised its position in LightInTheBox Holding Co. stock. Prudence Asset Management Ltd boosted its stake in shares of LightInTheBox Holding Co. Ltd. (NYSE:LITB) by 9.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 87,821 shares of the company’s stock after buying an additional 7,535 shares during the period. LightInTheBox Holding Co. comprises 0.2% of Prudence Asset Management Ltd’s investment portfolio, making the stock its 13th largest position. Prudence Asset Management Ltd owned approximately 0.13% of LightInTheBox Holding Co. worth $299,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.64% of the company’s stock.
Shares of LightInTheBox Holding Co. (NYSE:LITB) opened at 2.73 on Thursday. The stock’s market capitalization is $187.82 million. The company’s 50 day moving average price is $2.94 and its 200 day moving average price is $2.96. LightInTheBox Holding Co. has a one year low of $1.95 and a one year high of $4.29.
LightInTheBox Holding Co. (NYSE:LITB) last posted its quarterly earnings data on Monday, September 19th. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.02 by $0.03. LightInTheBox Holding Co. had a positive return on equity of 13.80% and a negative net margin of 5.58%. The company earned $65.60 million during the quarter. On average, analysts expect that LightInTheBox Holding Co. will post ($0.02) earnings per share for the current fiscal year.
LightInTheBox Holding Co. Company Profile
LightInTheBox Holding Co, Ltd. (LightInTheBox) is an online retail company that delivers products directly to consumers around the world. The Company offers a range of products through www.lightinthebox.com, www.miniinthebox.com and its other Websites, as well as mobile applications, which are available in approximately 30 languages.
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