Tuesday, September 28, 2021

What to Expect When LAIX Inc. [LAIX] Releases Earnings

Earnings from LAIX Inc. [LAIX] are scheduled on April 27, 2021, after the market closes. It is expected that the company will report strong earnings for the quarter ending Dec 2020.


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LAIX Stock Earnings Outlook For The Current Quarter

The consensus estimates for the quarter suggest that the company would earn -$0.32 per share on revenue of $39.5M. Taking a look at the future, the company is projected to report revenue of $48.78M at an earnings per share of -$0.6 for the Mar 2021 quarter. The estimates represent year-over-year improvements of 7.80% in revenue and 1.40% in earnings per share for the company.

LAIX Stock Earnings Forecast For The Current Year


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For the full financial year, LAIX Inc. [NYSE:LAIX] is forecasted to generate revenue of $147.39M. The figure is about $1.18 million above what the company actually reported for the fiscal year 2019. In terms of EPS, it is estimated to be -$1.39 in 2020, which is $0.18 higher than the figure in FY19. Based on current estimates, earnings are expected to grow 11.50% this year, 1.40% next year. With regard to sales, forecasts suggest an incline of 0.80% in current fiscal year and 7.80% over following year.

LAIX Stock Price Performance

At a recent check today, LAIX Inc. [NYSE:LAIX] finished up 1.96% at $2.09. The stock’s day high price was $2.07, and its lowest was $1.9554. Its price rose 15.17% in the last five days. Since the beginning of the year, LAIX Inc.’s shares are up nearly 34.87%. However, the share price is -82.06% below its one year high. The top price reached by the shares of the company was $11.65 on 02/05/21, while the 52-week low came on 01/11/21, when the shares were $1.41. In the past year, shares of the company have fallen -36.53%. At 50 days, the moving average achieved is $2.64 while at 200 days, the moving average is $2.23. There were 0.14 million shares traded in the last session, down from 0.22 million in the previous session.

LAIX Inc. [NYSE:LAIX] Stock Valuation Metrics

Investors may find it helpful to look at historical price-sales ratios, and in the case of this stock, 0.66 PS value ratio is reported for the last one year of reported earnings. This is below the average return 2.39 for the industry, which means LAIX offers an attractive investment opportunity than its competitors do.

LAIX Share Price Support And Resistance Levels

Based on the daily chart, the immediate backing lies around the 2.09 level, and the violation of this level will cause a further drop to 1.98 level. At the upper end, 2.21 remains a key resistance. As the stock increases, it may find resistance at 2.14. In the 14-day chart, the Relative Strength Index standing at 44.88 suggests a technical neutral stance while the MACD standing at -0.02 indicates price will decrease in the next trading period. Stochastic %K at 42.86% suggests holding the stock while Percent R indicator at 49.45% suggests low price movement.

How much is the short interest in LAIX Inc.?

There have been a drop in short interest in the LAIX Inc. Financial stock, with short interest up by 0.15 million shares to 24610.0 shares on Feb 25, 2021. According to data provided by Yahoo Finance, the short interest on Mar 30, 2021 stood at 0.17 million shares. This -600.93% decrease suggests some bullish sentiment was experienced by the stock.

How do analysts view LAIX Inc.?

In regard to the share price forecast for LAIX Inc. stock, the analysts, as surveyed by FactSet, forecast the price to reach $9.74 in the next twelve months, representing almost an 78.54% growth from its recent price of $2.09. Among LAIX Inc. stock projections, $9.74 is the highest analyst target for the stock, while $9.74 is the lowest. Despite this, 1 analysts who share their consensus rating for LAIX in 2021 agree that the stock is a Sell. The latest rating change took place on 6/04/20, when Goldman Sachs Ratings upgraded the stock from “Sell” to “Neutral.”

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