LightInTheBox Holding Co., Ltd. (NYSE:LITB) traded at $2.99 at last check on Friday, Nov 20, making a downturn move of -3.86% on its previous day’s price.
Looking at the stock we see that its previous close was $3.11 and the beta (5Y monthly) reads 0.47 with the day’s price range being $2.9500 – 3.1900. The company has a 12-month trailing PE ratio of 13.47. In terms of its 52-week price range, LITB has a high of $3.89 and a low of $0.58. The company’s stock has gained about 23.55% over that past 30 days.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $78.49 Million, with a low of $77.04 Million and a high of $77.04 Million. The median projection represents growth adding up to 19.6% compared to sales earnings for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecasts for 2020 are expected to hit $319.88 Million, or +9.4% up from figures reported last year.
On the other hand, looking at the outlook for the LITB stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Based on estimates by 1 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the LightInTheBox Holding Co., Ltd. (LITB) stock as a Hold, while none rate it as a Buy. None analysts rate it as outperform while none of them rated it as underperform, whereas none suggests the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the LITB stock currently stands at 0.3, and the current price level is 26% off its SMA20 and 36.03% from its 50-day simple moving average. The RSI (14) is pointing at 68.1 while the volatility over the past week is 1212% and drops to 8.66% over the past one month. The beta value is 0.47, while the average true range (ATR) is currently pointing at 0.25. The average price target for the stock over the next 12 months is $3, with the estimates having a low of $3 and a high of $3. These price ends are 0.33% and +0.33% off the current price level respectively, although investors could be excited at the prospect of a +0.33% if the LITB share price touches on the median price of $3.
Let’s briefly compare LightInTheBox (LITB) stock to its peers. We find that today’s price change of -3.86% and +235.96% over the past 12 months for LITB competes that of Vipshop Holdings Ltd (VIPS), which has seen its stock price rise 3.95% in the latest trading session and is +100% over the last one year. Another of its peers Godaddy Inc (GDDY) has dropped -0.46% today, and is +10.53% up over the past year, while Grubhub Inc (GRUB) is also down -3.86% yet its price remains in the green at 235.96% over the same period. Vipshop has a P/E ratio of 24.02 compared to LightInTheBox’s 13.47 and Godaddy’s 0. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at -0.68% and -0.75%, respectively, in early deals.
Coming back to LightInTheBox Holding Co., Ltd. (NYSE:LITB), we note that the average 3-month trading volume was 513.24 Million, while that of the preceding 10-day period stands at 429.06 Million. Current shares outstanding are 111.78 Million.
According to data from Thomson Reuters, insiders hold 8.08% of the company’s shares while institutions hold 9.92%. The data shows that short shares as of October 29, 2020, stood at 402.24 Million at a short ratio of 0.76. This represents a 0.36% Short interest in Shares outstanding on October 29, 2020. Shares short rose in October from the previous month at 341.27 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock +184.76% up in year-to-date price movement.