LuxExperience B.V. (NYSE:LUXE) Stock Rating Lowered by Wall Street Zen

LuxExperience B.V. (NYSE:LUXE) was downgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Friday.

LuxExperience B.V. Price Performance

Shares of NYSE LUXE opened at $7.90 on Friday. The firm has a market cap of $677.03 million, a P/E ratio of 1.61 and a beta of 1.09. The company has a current ratio of 2.48, a quick ratio of 1.11 and a debt-to-equity ratio of 0.13. LuxExperience B.V. has a 1 year low of $3.92 and a 1 year high of $12.50.

LuxExperience B.V. (NYSE:LUXE) last released its quarterly earnings data on Thursday, September 25th. The company reported $5.30 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.18) by $5.48. LuxExperience B.V. had a net margin of 45.47% and a return on equity of 91.09%. The company had revenue of $666.94 million during the quarter, compared to analysts’ expectations of $642.60 million.

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.