Lionbridge Technologies Inc. (NASDAQ:LIOX) – Research analysts at Barrington Research dropped their Q4 2016 earnings estimates for Lionbridge Technologies in a report issued on Wednesday. Barrington Research analyst V. Colicchio now expects that the firm will post earnings per share of $0.09 for the quarter, down from their prior forecast of $0.15. Barrington Research also issued estimates for Lionbridge Technologies’ Q1 2017 earnings at $0.11 EPS, Q2 2017 earnings at $0.15 EPS, Q3 2017 earnings at $0.14 EPS, Q4 2017 earnings at $0.16 EPS and FY2017 earnings at $0.56 EPS.
Lionbridge Technologies (NASDAQ:LIOX) last issued its quarterly earnings results on Tuesday, November 8th. The company reported $0.13 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.15 by $0.02. Lionbridge Technologies had a return on equity of 26.91% and a net margin of 1.77%. The business had revenue of $135.20 million for the quarter, compared to analysts’ expectations of $137.06 million. During the same quarter in the previous year, the firm posted $0.14 EPS. Lionbridge Technologies’s revenue was down 2.5% on a year-over-year basis.
Other equities research analysts have also issued research reports about the company. B. Riley reaffirmed a “buy” rating and issued a $6.00 price target on shares of Lionbridge Technologies in a research report on Saturday. Zacks Investment Research raised Lionbridge Technologies from a “sell” rating to a “hold” rating in a research report on Tuesday, October 11th.
Shares of Lionbridge Technologies (NASDAQ:LIOX) opened at 4.87 on Monday. The stock’s 50 day moving average price is $4.81 and its 200-day moving average price is $4.59. Lionbridge Technologies has a 52 week low of $3.90 and a 52 week high of $5.57. The stock has a market cap of $281.82 million, a price-to-earnings ratio of 29.16 and a beta of 1.43.
Several large investors have recently modified their holdings of LIOX. Seizert Capital Partners LLC acquired a new stake in shares of Lionbridge Technologies during the third quarter valued at $1,412,000. California State Teachers Retirement System raised its stake in shares of Lionbridge Technologies by 0.9% in the third quarter. California State Teachers Retirement System now owns 120,725 shares of the company’s stock valued at $604,000 after buying an additional 1,100 shares during the period. Ameriprise Financial Inc. raised its stake in shares of Lionbridge Technologies by 0.6% in the third quarter. Ameriprise Financial Inc. now owns 962,647 shares of the company’s stock valued at $4,813,000 after buying an additional 5,705 shares during the period. BlackRock Group LTD raised its stake in shares of Lionbridge Technologies by 1.5% in the third quarter. BlackRock Group LTD now owns 65,544 shares of the company’s stock valued at $328,000 after buying an additional 981 shares during the period. Finally, Teachers Advisors LLC raised its stake in shares of Lionbridge Technologies by 18.5% in the third quarter. Teachers Advisors LLC now owns 115,856 shares of the company’s stock valued at $579,000 after buying an additional 18,069 shares during the period. 67.27% of the stock is currently owned by institutional investors and hedge funds.
Lionbridge Technologies Company Profile