Shares of LightInTheBox Holding Co. Ltd. (NYSE:LITB) have been given a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating.
Analysts have set a 1-year consensus price objective of $3.00 for the company and are expecting that the company will post ($0.03) earnings per share 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 raised LightInTheBox Holding Co. from a “sell” rating to a “hold” rating in a research note on Wednesday, July 13th.
LightInTheBox Holding Co. (NYSE:LITB) opened at 2.6499 on Thursday. The firm’s market cap is $182.31 million. The company’s 50-day moving average price is $2.93 and its 200-day moving average price is $2.97. LightInTheBox Holding Co. has a 52-week low of $1.95 and a 52-week high of $4.29.
LightInTheBox Holding Co. (NYSE:LITB) last issued its quarterly earnings data on Monday, September 19th. The company reported ($0.01) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by $0.03. The business had revenue of $65.60 million for the quarter. LightInTheBox Holding Co. had a positive return on equity of 13.80% and a negative net margin of 5.58%. Analysts predict that LightInTheBox Holding Co. will post ($0.02) EPS for the current year.
An institutional investor recently raised its position in LightInTheBox Holding Co. stock. Renaissance Technologies LLC increased its stake in shares of LightInTheBox Holding Co. Ltd. (NYSE:LITB) by 11.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 254,700 shares of the company’s stock after buying an additional 25,600 shares during the period. Renaissance Technologies LLC owned 0.54% of LightInTheBox Holding Co. worth $611,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 0.64% of the company’s stock.
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.