Lavoro (NASDAQ:LVRO) Price Target Cut to $6.00 by Analysts at Barclays

Lavoro (NASDAQ:LVROFree Report) had its target price decreased by Barclays from $7.00 to $6.00 in a research note issued to investors on Tuesday morning, Benzinga reports. Barclays currently has an equal weight rating on the stock.

Separately, Oppenheimer decreased their price target on Lavoro from $11.00 to $9.00 and set an outperform rating on the stock in a research note on Tuesday.

Check Out Our Latest Stock Report on Lavoro

Lavoro Stock Performance

LVRO opened at $5.58 on Tuesday. The firm has a market capitalization of $650.68 million, a P/E ratio of -5.69 and a beta of 0.24. The stock’s 50 day moving average price is $5.91 and its two-hundred day moving average price is $6.97. The company has a quick ratio of 0.71, a current ratio of 1.05 and a debt-to-equity ratio of 0.07. Lavoro has a 12-month low of $4.75 and a 12-month high of $9.00.

Lavoro (NASDAQ:LVROGet Free Report) last announced its quarterly earnings data on Thursday, March 7th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.10). Lavoro had a negative return on equity of 6.44% and a negative net margin of 5.99%. The firm had revenue of $618.96 million for the quarter, compared to analyst estimates of $626.10 million. On average, equities analysts forecast that Lavoro will post -0.35 earnings per share for the current year.

Lavoro Company Profile

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Lavoro Limited operates as an agricultural inputs retailer. The company operates through three segments: Brazil Cluster, LATAM Cluster, and Crop Care Cluster. It distributes agricultural inputs, such as crop protection, seeds, fertilizers, foliar fertilizers, biologicals, adjuvants, organominerals, and others for the agricultural industry.

Further Reading

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