LeapFrog Enterprises Inc. shares see high volumes
LeapFrog Enterprises Inc. (NYSE: LF) was incorporated in 1997. The industry it operates in is Recreational Products. The organization is into the designing, development and marketing of technology based platforms for infants through age twelve both for home and for schools. LeapFrog, sells interactive learning toys and books covering subjects from math to music. The Company develops learning toys, interactive reading systems, educational gaming systems, and software-based book and game content. The Company sells its products through retailers, distributors, direct website (www.leapfrog.com) and directly to schools.
The company has a 52 week high of $7.51 and a 52 week low of $3.04. Average volumes of shares traded daily are 469,160. For the quarter ending March 2011 its revenues are estimated to be around 48.62 million dollars. If taken an optimistic view for the quarter ending March 2011 estimates can reach up to 53.90 million dollars and a pessimist view pulls estimates down to 45.50 million dollars. For the quarter ending September 2010 the sales were estimated to be 132.75 million dollars whereas the actual sales overshot the target to 137.96 million dollars. The consensus recommendation is that the share will outperform. Analysts recommend it to be a BUY.
