Leju Holdings Limited (LEJU) Downgraded by BidaskClub

BidaskClub downgraded shares of Leju Holdings Limited (NYSE:LEJU) from a hold rating to a sell rating in a report released on Saturday morning.

LEJU has been the topic of several other research reports. Zacks Investment Research lowered Leju Holdings Limited from a hold rating to a strong sell rating in a report on Thursday, September 7th. ValuEngine upgraded Leju Holdings Limited from a strong sell rating to a sell rating in a report on Friday, September 1st. Finally, J P Morgan Chase & Co lowered Leju Holdings Limited from a neutral rating to an underweight rating and reduced their price target for the stock from $3.80 to $2.10 in a report on Thursday, June 22nd. Five research analysts have rated the stock with a sell rating, The company currently has an average rating of Sell and a consensus price target of $2.10.

Leju Holdings Limited (NYSE:LEJU) opened at 1.64 on Friday. Leju Holdings Limited has a 52-week low of $1.28 and a 52-week high of $5.02. The company’s market cap is $305.04 million. The firm’s 50-day moving average is $1.66 and its 200-day moving average is $2.31.

Leju Holdings Limited (NYSE:LEJU) last announced its quarterly earnings data on Thursday, August 31st. The financial services provider reported ($0.64) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.48). Leju Holdings Limited had a negative net margin of 27.57% and a negative return on equity of 31.88%. The firm had revenue of $92.70 million during the quarter, compared to analysts’ expectations of $78.58 million. During the same quarter in the previous year, the business posted $0.11 EPS. The company’s revenue for the quarter was down 41.4% on a year-over-year basis. On average, equities research analysts anticipate that Leju Holdings Limited will post ($0.74) EPS for the current year.

ILLEGAL ACTIVITY NOTICE: This report was first published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this report on another domain, it was illegally copied and reposted in violation of United States & international copyright legislation. The legal version of this report can be viewed at https://ledgergazette.com/2017/10/10/leju-holdings-limited-leju-downgraded-by-bidaskclub.html.

A hedge fund recently raised its stake in Leju Holdings Limited stock. Renaissance Technologies LLC boosted its stake in Leju Holdings Limited (NYSE:LEJU) by 6.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3

LEJU has been the topic of several other research reports. Zacks Investment Research lowered Leju Holdings Limited from a hold rating to a strong sell rating in a report on Thursday, September 7th. ValuEngine upgraded Leju Holdings Limited from a strong sell rating to a sell rating in a report on Friday, September 1st. Finally, J P Morgan Chase & Co lowered Leju Holdings Limited from a neutral rating to an underweight rating and reduced their price target for the stock from $3.80 to $2.10 in a report on Thursday, June 22nd. Five research analysts have rated the stock with a sell rating, The company currently has an average rating of Sell and a consensus price target of $2.10.

Leju Holdings Limited (NYSE:LEJU) opened at 1.64 on Friday. Leju Holdings Limited has a 52-week low of $1.28 and a 52-week high of $5.02. The company’s market cap is $305.04 million. The firm’s 50-day moving average is $1.66 and its 200-day moving average is $2.31.

Leju Holdings Limited (NYSE:LEJU) last announced its quarterly earnings data on Thursday, August 31st. The financial services provider reported ($0.64) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.48). Leju Holdings Limited had a negative net margin of 27.57% and a negative return on equity of 31.88%. The firm had revenue of $92.70 million during the quarter, compared to analysts’ expectations of $78.58 million. During the same quarter in the previous year, the business posted $0.11 EPS. The company’s revenue for the quarter was down 41.4% on a year-over-year basis. On average, equities research analysts anticipate that Leju Holdings Limited will post ($0.74) EPS for the current year.

ILLEGAL ACTIVITY NOTICE: This report was first published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this report on another domain, it was illegally copied and reposted in violation of United States & international copyright legislation. The legal version of this report can be viewed at https://ledgergazette.com/2017/10/10/leju-holdings-limited-leju-downgraded-by-bidaskclub.html.

A hedge fund recently raised its stake in Leju Holdings Limited stock. Renaissance Technologies LLC boosted its stake in Leju Holdings Limited (NYSE:LEJU) by 6.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 331,300 shares of the financial services provider’s stock after buying an additional 21,300 shares during the period. Renaissance Technologies LLC owned approximately 0.18% of Leju Holdings Limited worth $1,136,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 4.62% of the company’s stock.

About Leju Holdings Limited

Leju Holdings Limited is an online to offline (O2O), real estate services provider in China. The Company offers real estate e-commerce, online advertising and online listing services through its online platform, which consists of local Websites covering over 260 cities and various mobile applications.

Receive News & Ratings for Leju Holdings Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Leju Holdings Limited and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply