LeapFrog Enterprises Sees Unusually Large Options Volume (LF)
Shares of LeapFrog Enterprises (NYSE:LF) were the target of some unusual options trading on Wednesday. Stock traders acquired 4,066 call options on the company, StockRatingsNetwork.com reports. This represents an increase of approximately 1,052% compared to the average volume of 353 call options.
A number of research firms have recently commented on LF. Analysts at Monness Crespi & Hardt upgraded shares of LeapFrog Enterprises from a “neutral” rating to a “buy” rating in a research note on Wednesday. Separately, analysts at Roth Capital raised their price target on shares of LeapFrog Enterprises from $7.50 to $9.00 in a research note on Thursday, July 17th. They now have a “buy” rating on the stock. Finally, analysts at Sidoti initiated coverage on shares of LeapFrog Enterprises in a research note on Tuesday, July 1st. They set a “buy” rating and a $10.00 price target on the stock. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $8.56.
LeapFrog Enterprises (NYSE:LF) traded up 3.16% during mid-day trading on Wednesday, hitting $6.20. 1,442,340 shares of the company’s stock traded hands. LeapFrog Enterprises has a 1-year low of $5.96 and a 1-year high of $11.23. The stock’s 50-day moving average is $7.40 and its 200-day moving average is $7.16. The company has a market cap of $433.6 million and a price-to-earnings ratio of 5.68.
LeapFrog Enterprises (NYSE:LF) last issued its quarterly earnings data on Monday, August 4th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.21) by $0.02. The company had revenue of $47.00 million for the quarter, compared to the consensus estimate of $50.78 million. During the same quarter in the previous year, the company posted ($0.05) earnings per share. The company’s revenue for the quarter was down 43.4% on a year-over-year basis. On average, analysts predict that LeapFrog Enterprises will post $0.01 earnings per share for the current fiscal year.
LeapFrog Enterprises, Inc (NYSE:LF) is a developer of educational entertainment for children.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.