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LeapFrog Enterprises (NYSE:LF) was upgraded by investment analysts at Monness Crespi & Hardt from a “neutral” rating to a “buy” rating in a note issued to investors on Wednesday, TheFlyOnTheWall.com reports.

Several other analysts have also recently commented on the stock. 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. Separately, 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. Finally, analysts at CRT Capital initiated coverage on shares of LeapFrog Enterprises in a research note on Wednesday, May 14th. They set a “fair value” rating and a $7.50 price target on the stock. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $8.56.

Shares of LeapFrog Enterprises (NYSE:LF) traded up 3.16% on Wednesday, hitting $6.20. 1,442,340 shares of the company’s stock traded hands. LeapFrog Enterprises has a 52-week low of $5.96 and a 52-week high of $11.23. The stock has a 50-day moving average of $7.40 and a 200-day moving average of $7.16. The company has a market cap of $433.6 million and a P/E ratio of 5.68. LeapFrog Enterprises also saw unusually large options trading activity on Wednesday. Investors purchased 4,066 call options on the stock. This is an increase of approximately 1,052% compared to the typical daily volume of 353 call options.

LeapFrog Enterprises (NYSE:LF) last issued its quarterly earnings data on Monday, August 4th. The company reported ($0.23) earnings per share for the quarter, missing the analysts’ 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 last year, the company posted ($0.05) earnings per share. LeapFrog Enterprises’s revenue was down 43.4% compared to the same quarter last year. Analysts expect that LeapFrog Enterprises will post $0.01 EPS for the current fiscal year.

LeapFrog Enterprises, Inc (NYSE:LF) is a developer of educational entertainment for children.

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