LeapFrog Enterprises Inc. (NYSE:LF) issued an update on its FY13 earnings guidance on Monday morning. The company provided earnings per share guidance of $0.36-0.46 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.62, StockRatingsNetwork.com reports. The company issued revenue guidance of $570-590 million, compared to the consensus revenue estimate of $631.58 million.
LeapFrog Enterprises Inc. (NYSE:LF) traded up 1.05% during mid-day trading on Monday, hitting $8.67. The stock had a trading volume of 3,238,372 shares. LeapFrog Enterprises Inc. has a one year low of $7.00 and a one year high of $11.95. The stock’s 50-day moving average is $9.18 and its 200-day moving average is $9.69. The company has a market cap of $592.7 million and a price-to-earnings ratio of 6.18.
LeapFrog Enterprises (NYSE:LF) last released its earnings data on Monday, November 4th. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.05. The company had revenue of $200.99 million for the quarter, compared to the consensus estimate of $206.72 million. During the same quarter in the previous year, the company posted $0.60 earnings per share. The company’s revenue for the quarter was up 4.1% on a year-over-year basis. On average, analysts predict that LeapFrog Enterprises Inc. will post $0.63 earnings per share for the current fiscal year.
LF has been the subject of a number of recent research reports. Analysts at Ascendiant Capital Markets downgraded shares of LeapFrog Enterprises from a buy rating to a neutral rating in a research note to investors on Wednesday, October 9th. They now have a $8.00 price target on the stock, down previously from $12.00. Analysts at BMO Capital Markets downgraded shares of LeapFrog Enterprises from an outperform rating to a market perform rating in a research note to investors on Tuesday, September 3rd. They now have a $10.00 price target on the stock. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. LeapFrog Enterprises presently has an average rating of Buy and an average price target of $11.86.
LeapFrog Enterprises, Inc (NYSE:LF) is a developer of educational entertainment for children.
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