Leju (LEJU) Stock Rating Upgraded by Zacks Investment Research

Leju (NYSE:LEJU) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Wednesday.

According to Zacks, “Leju Holdings Limited is an online-to-offline, or O2O, real estate services provider in China. It offers real estate e-commerce, online advertising and online listing services through its online platform, which consists of local Websites and various mobile applications. The Company also operates various real estate and home furnishing websites. Leju Holdings Limited is headquartered in Beijing, the People’s Republic of China. “

LEJU has been the topic of several other reports. BidaskClub lowered Leju from a “sell” rating to a “strong sell” rating in a research report on Wednesday, November 1st. ValuEngine upgraded Leju from a “strong sell” rating to a “sell” rating in a research report on Sunday, December 31st.

Leju (NYSE:LEJU) opened at $1.60 on Wednesday. Leju has a 12-month low of $1.28 and a 12-month high of $4.10. The stock has a market capitalization of $228.08, a price-to-earnings ratio of -1.32 and a beta of 2.98.

Leju (NYSE:LEJU) last posted its quarterly earnings results on Tuesday, November 28th. The financial services provider reported ($0.17) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.19) by $0.02. Leju had a negative return on equity of 48.27% and a negative net margin of 45.44%. equities analysts forecast that Leju will post -1.22 EPS for the current year.

An institutional investor recently raised its position in Leju stock. Contrarius Investment Management Ltd boosted its holdings in shares of Leju Holdings Ltd (NYSE:LEJU) by 2.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,828,235 shares of the financial services provider’s stock after acquiring an additional 103,567 shares during the period. Contrarius Investment Management Ltd owned approximately 2.82% of Leju worth $6,470,000 as of its most recent filing with the Securities and Exchange Commission. 3.97% of the stock is owned by institutional investors.

ILLEGAL ACTIVITY NOTICE: This report was reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this report on another website, it was illegally stolen and republished in violation of U.S. & international copyright law. The correct version of this report can be read at https://www.dispatchtribunal.com/2018/01/31/leju-leju-stock-rating-upgraded-by-zacks-investment-research.html.

Leju Company Profile

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

Leave a Reply