Ascendiant Capital Markets increased their price target on shares of LeapFrog Enterprises (NYSE: LF) from $9.00 to $12.00 in a research note issued on Friday. The firm currently has a “strong-buy” rating on the stock.
A number of other analysts have also recently weighed in on LF. Analysts at Imperial Capital raised their price target on shares of LeapFrog Enterprises from $8.00 to $10.00 in a research note to investors on Tuesday, April 24th. They now have an “outperform” rating on the stock. Separately, analysts at Roth Capital initiated coverage on shares of LeapFrog Enterprises in a research note to investors on Tuesday, April 24th. They set a “buy” rating and a $11.00 price target on the stock. Finally, analysts at Needham & Company reiterated a “positive” rating on shares of LeapFrog Enterprises in a research note to investors on Friday, February 10th.
LeapFrog Enterprises traded down 0.64% on Friday, hitting $9.35. LeapFrog Enterprises has a 1-year low of $2.57 and a 1-year high of $9.47. The company has a market cap of $621.5 million and a price-to-earnings ratio of 31.37.
The company last announced its quarterly results on Thursday, February 9th. It reported $0.49 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $0.42 EPS by $0.07. The company’s quarterly revenue was up 10.7% on a year-over-year basis. Analysts expect that LeapFrog Enterprises will post $-0.18 EPS next quarter.
LeapFrog Enterprises Inc. (LeapFrog), incorporated in 1997, designs, develops and markets a family of technology-based learning platforms and related content for infants through age twelve, both at home and in schools worldwide.