Several other analysts have also recently commented on the stock. Analysts at Ascendiant Capital Markets raised their price target on shares of LeapFrog Enterprises from $9.00 to $12.00 in a research note to investors on Friday, April 27th. They now have a “strong-buy” rating on the stock. Separately, 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. Finally, 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.
LeapFrog Enterprises traded down 2.43% on Friday, hitting $10.04. LeapFrog Enterprises has a 52-week low of $2.57 and a 52-week high of $9.47. The company has a market cap of $669.9 million and a price-to-earnings ratio of 21.04.
LeapFrog Enterprises last posted its quarterly earnings results on Thursday, May 3rd. The company reported ($0.14) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.26) by $0.12. The company’s quarterly revenue was up 81.4% on a year-over-year basis. Analysts expect that LeapFrog Enterprises will post $0.40 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.