LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) Receives Average Recommendation of “Hold” from Analysts

Shares of LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) have received an average rating of “Hold” from the six ratings firms that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $9.50.

A number of equities research analysts have commented on the company. Wall Street Zen downgraded LuxExperience B.V. from a “sell” rating to a “strong sell” rating in a research report on Monday, May 18th. TD Cowen cut their price objective on LuxExperience B.V. from $12.00 to $8.00 and set a “buy” rating for the company in a research report on Wednesday, May 20th. JPMorgan Chase & Co. reduced their price objective on shares of LuxExperience B.V. from $10.00 to $9.00 and set a “neutral” rating on the stock in a report on Tuesday, April 14th. Finally, Weiss Ratings cut shares of LuxExperience B.V. from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, June 2nd.

Institutional Investors Weigh In On LuxExperience B.V.

A number of institutional investors and hedge funds have recently made changes to their positions in LUXE. GAMMA Investing LLC purchased a new position in shares of LuxExperience B.V. during the 4th quarter worth approximately $26,000. Larson Financial Group LLC purchased a new stake in LuxExperience B.V. in the fourth quarter valued at approximately $52,000. HRT Financial LP purchased a new stake in LuxExperience B.V. in the fourth quarter valued at approximately $114,000. XTX Topco Ltd purchased a new stake in LuxExperience B.V. in the fourth quarter valued at approximately $125,000. Finally, Americana Partners LLC acquired a new position in LuxExperience B.V. during the fourth quarter worth $127,000. 10.07% of the stock is owned by hedge funds and other institutional investors.

LuxExperience B.V. Trading Up 0.1%

LUXE opened at $8.01 on Wednesday. The stock has a market capitalization of $686.11 million, a PE ratio of 1.96 and a beta of 1.07. LuxExperience B.V. has a one year low of $6.54 and a one year high of $11.38. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.81 and a current ratio of 2.33. The business’s 50 day moving average price is $7.57 and its 200 day moving average price is $8.23.

About LuxExperience B.V.

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.