Earnings results for LAIX (NYSE:LAIX)
LAIX Inc. is expected* to report earnings on 05/26/2021 after market close. The report will be for the fiscal Quarter ending Mar 2021. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.59. The reported EPS for the same quarter last year was $-0.56.
LAIX last announced its quarterly earnings data on April 27th, 2021. The reported ($0.10) earnings per share for the quarter. The company earned $36.09 million during the quarter. LAIX has generated ($1.13) earnings per share over the last year. LAIX has confirmed that its next quarterly earnings report will be published on Wednesday, May 26th, 2021.
Analyst Opinion on LAIX (NYSE:LAIX)
1 Wall Street analysts have issued ratings and price targets for LAIX in the last 12 months. Their average twelve-month price target is $2.80, predicting that the stock has a possible upside of 68.67%. The high price target for LAIX is $2.80 and the low price target for LAIX is $2.80. There are currently 1 hold rating for the stock, resulting in a consensus rating of “Hold.”
LAIX has received a consensus rating of Hold. The company’s average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $2.80, LAIX has a forecasted upside of 68.7% from its current price of $1.66. LAIX has received no research coverage in the past 90 days.
Dividend Strength: LAIX (NYSE:LAIX)
LAIX does not currently pay a dividend. LAIX does not have a long track record of dividend growth.
Insiders buying/selling: LAIX (NYSE:LAIX)
In the past three months, LAIX insiders have not sold or bought any company stock. Only 19.56% of the stock of LAIX is held by institutions.
Earnings and Valuation of LAIX (NYSE:LAIX
The P/E ratio of LAIX is -1.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of LAIX is -1.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
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