LeapFrog Enterprises Inc hit Annual Highs Today and expects sales to rise to a percentage of 10 to 20 percent in 2010. LeapFrog Enterprises Inc. trades on the “New York Stock Exchange” under the stock symbol “LF”. For the Latest information regarding “LF”, make sure to visit the Most Exclusive and In Depth newsletter website at: http://www.wallstreetgrand.com/.
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Shares of LeapFrog Enterprises Inc. (NYSE:LF) hit an annual high on Wednesday as analysts said the company is on the brink of growth and raised his price target on the stock. Last month, LeapFrog, which makes educational toys, said it regained profitability in the fourth-quarter as sales rose 37 percent and the company trimmed costs.
The company said it expects sales to rise 10 to 20 percent in 2010.
About LeapFrog Enterprises:
LeapFrog Enterprises, Inc. provides technology-based educational platforms worldwide. The company offers reading solutions, such as the LeapPad learning system that includes basic vocabulary and reading concepts to preschool and kindergarten children; and Tag learning system, a pen-based reading system that focuses on fundamental reading skills and offers a library of interactive books. It also provides educational gaming products primarily for children; The Leapster Educational Gaming system, Leapster or classic Leapster, a handheld device with a multi-directional control pad and a touch-screen enabled by a built-in stylus; Leapster2 platform, which connects to the LeapFrog Learning Path; Didj Custom Gaming System, a Web-connected handheld device that allows for customization of curriculum and game play; and Crammer Study and Sound System, a hybrid music player and study device. In addition, the company offers the Fridge Series, a line of magnetic toys designed for preschoolers and kindergarteners that teaches letter names, letter sounds, and learning songs: the Learn and Groove Series, which features bilingual musical learning toys: and Pre-school Games, a line of fast-paced handheld learning games; and Clickstart and My First Computer that introduces computer and preschool skills by turning any TV into a child’s first computer. Further, LeapFrog Enterprises provides the LeapFrog Learning Path, an online tool that helps parents track what their children are learning with its Web-connected products, such as Tag, Leapster2, and Didj. It sells its products directly to national and regional mass-market and specialty retailers; and other retail stores and school-related distributors and resellers through a combination of sales representatives, as well as through online store and other Internet-based channels. The company was founded in 1995 and is headquartered in Emeryville, California.
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