Leju Holdings Limited (NYSE:LEJU) has a beta value of 1.82 and has seen 1,177,659 shares traded in the last trading session. The company, currently valued at $497.67 Million, closed the last trade at $3.66 per share which meant it lost -$0.32 on the day or -8.04% during that session. The LEJU stock price is -90.16% off its 52-week high price of $6.96 and 71.86% above the 52-week low of $1.03. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.53 Million shares traded. The 3-month trading volume is 367.09 Million shares.
The consensus among analysts is that Leju Holdings Limited (LEJU) is a Hold stock at the moment, with a recommendation rating of 0. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 1 out of 1 have rated it as a Hold, with no one of them advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.04.
Leju Holdings Limited (NYSE:LEJU) trade information
Despite being -8.04% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Friday, Jul 31 when the LEJU stock price touched $6.96-4 or saw a rise of 47.41%. Year-to-date, Leju Holdings Limited shares have moved 82.09%, while the 5-day performance has seen it change 6.09%. Over the past 30 days, the shares of Leju Holdings Limited (NYSE:LEJU) have changed 74.29%. Short interest in the company has seen 76.39 Million shares shorted with days to cover at 0.21.
Wall Street analysts have a consensus price target for the stock at $3.6, which means that the shares’ value could jump -1.64% from current levels. The projected low price target is $3.6 while the price target rests at a high of $3.6. In that case, then, we find that the current price level is -1.64% off the targeted high while a plunge would see the stock lose -1.64% from current levels.
Leju Holdings Limited (LEJU) estimates and forecasts
Figures show that Leju Holdings Limited shares have outperformed across the wider relevant industry. The company’s shares have gained +124.54% over the past 6 months, with this year growth rate of 112.5%, compared to -30% for the industry. Other than that, the company has, however, increased its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are 69.2% and 150% for the next quarter. Revenue growth from the last financial year stood is estimated to be +12.9%.
2 analysts offering their estimates for the company have set an average revenue estimate of $99.19 Million for the current quarter. 2 have an estimated revenue figure of $191.93 Million for the next quarter concluding in June 01, 2020. Year-ago sales stood $110.43 Million and $169.97 Million respectively for this quarter and the next, and analysts expect sales will grow by -10.2% for the current quarter and 12.9% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -29.9% over the past 5 years. Earnings growth for 2020 is a modest +185.4%.
Leju Holdings Limited (NYSE:LEJU)’s Major holders
Insiders own 1.68% of the company shares, while shares held by institutions stand at 1.47% with a share float percentage of 1.49%. Investors are also buoyed by the number of investors in a company, with Leju Holdings Limited having a total of 18 institutions that hold shares in the company. The top two institutional holders are Renaissance Technologies, LLC with over 1.3 Million shares worth more than $2.4 Million. As of March 30, 2020, Renaissance Technologies, LLC held 0.95% of shares outstanding.
The other major institutional holder is Acadian Asset Management, with the holding of over 285.51 Thousand shares as of March 30, 2020. The firm’s total holdings are worth over $528.2 Thousand and represent 0.21% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Jacob Internet Fund and Jacob Micro Cap Growth Fd. As of May 30, 2020, the former fund manager holds about 0.27% shares in the company for having 370681 shares of worth $611.62 Thousand while later fund manager owns 175.87 Thousand shares of worth $290.18 Thousand as of May 30, 2020, which makes it owner of about 0.13% of company’s outstanding stock.