Lexmark International (LXK) to Release Earnings on Tuesday
Lexmark International (NYSE:LXK) is set to post its quarterly earnings results on Tuesday, January 28th. Persons that wish to listen to the company’s earnings conference call can do so using this link.
Shares of Lexmark International (NYSE:LXK) opened at 34.40 on Monday. Lexmark International has a one year low of $21.65 and a one year high of $41.45. The stock has a 50-day moving average of $35.06 and a 200-day moving average of $35.49. The company has a market cap of $2.136 billion and a P/E ratio of 14.61.
Several analysts have recently commented on the stock. Analysts at Ned Davis Research upgraded shares of Lexmark International from a “neutral” rating to a “buy” rating in a research note to investors on Monday, December 23rd. Analysts at Barclays upgraded shares of Lexmark International from an “underweight” rating to an “equal weight” rating in a research note to investors on Friday, December 20th. They now have a $37.00 price target on the stock. They noted that the move was a valuation call. Four equities research analysts have rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. Lexmark International currently has an average rating of “Hold” and a consensus target price of $29.50.
Lexmark International, Inc (NYSE:LXK) is a developer, manufacturer and supplier of printing, imaging, device management, managed print services, document workflow, and also provides business process and content management solutions.
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