LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) Given Consensus Rating of “Hold” by Analysts

Shares of LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) have earned an average recommendation of “Hold” from the five research firms that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $10.3333.

Several research analysts have recently weighed in on the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of LuxExperience B.V. in a research note on Monday, December 29th. Zacks Research cut shares of LuxExperience B.V. from a “hold” rating to a “strong sell” rating in a research report on Monday, January 26th. B. Riley Financial initiated coverage on shares of LuxExperience B.V. in a report on Thursday, January 15th. They set a “buy” rating and a $12.00 price objective on the stock. Jefferies Financial Group assumed coverage on shares of LuxExperience B.V. in a research report on Wednesday, January 14th. They issued a “hold” rating and a $9.00 target price on the stock. Finally, JPMorgan Chase & Co. downgraded shares of LuxExperience B.V. from an “overweight” rating to a “neutral” rating and set a $10.00 price target for the company. in a research report on Wednesday.

LuxExperience B.V. Stock Down 0.4%

Shares of LuxExperience B.V. stock opened at $9.73 on Friday. The stock has a market cap of $833.86 million, a price-to-earnings ratio of 2.25 and a beta of 1.11. LuxExperience B.V. has a twelve month low of $6.18 and a twelve month high of $11.41. The company has a current ratio of 2.12, a quick ratio of 0.83 and a debt-to-equity ratio of 0.12. The company has a 50-day simple moving average of $8.58.

LuxExperience B.V. (NYSE:LUXE) last issued its quarterly earnings data on Wednesday, November 19th. The company reported ($0.71) EPS for the quarter, missing the consensus estimate of ($0.28) by ($0.43). The business had revenue of $670.38 million during the quarter, compared to analyst estimates of $680.63 million. LuxExperience B.V. had a net margin of 22.82% and a return on equity of 44.51%.

Institutional Trading of LuxExperience B.V.

A number of institutional investors have recently made changes to their positions in the company. GAMMA Investing LLC purchased a new stake in shares of LuxExperience B.V. during the fourth quarter worth approximately $26,000. State of Wyoming acquired a new stake in LuxExperience B.V. during the 3rd quarter worth $49,000. Larson Financial Group LLC purchased a new stake in shares of LuxExperience B.V. during the fourth quarter worth $52,000. HRT Financial LP purchased a new stake in shares of LuxExperience B.V. during the fourth quarter worth $114,000. Finally, XTX Topco Ltd acquired a new stake in shares of LuxExperience B.V. in the fourth quarter valued at about $125,000. 10.07% of the stock is owned by institutional investors and hedge funds.

LuxExperience B.V. Company Profile

MYT Netherlands Parent B.V., through its subsidiary, Mytheresa Group GmbH, operates a luxury e-commerce platform for fashion consumers in Germany, the United States, the rest of Europe, and internationally. The company sells clothes, bags, shoes, accessories, and fine jewelry through online and retail stores. It serves high-income luxury consumers. The company was founded in 1987 and is based in Munich, Germany.