LuxExperience B.V. (NYSE:LUXE) Now Covered by Analysts at B. Riley

B. Riley assumed coverage on shares of LuxExperience B.V. (NYSE:LUXE) in a research note released on Thursday, MarketBeat.com reports. The firm issued a buy rating and a $12.00 target price on the stock.

Other research analysts have also issued reports about the stock. Wall Street Zen lowered shares of LuxExperience B.V. from a “hold” rating to a “sell” rating in a research note on Friday, October 3rd. Jefferies Financial Group initiated coverage on LuxExperience B.V. in a research note on Wednesday. They set a “hold” rating and a $9.00 target price for the company. JPMorgan Chase & Co. upped their price objective on LuxExperience B.V. from $8.00 to $9.00 and gave the stock a “neutral” rating in a report on Thursday, December 18th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of LuxExperience B.V. in a research report on Monday, December 29th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, LuxExperience B.V. presently has a consensus rating of “Hold” and a consensus target price of $10.00.

LuxExperience B.V. Trading Down 0.6%

LuxExperience B.V. stock opened at $8.12 on Thursday. The stock’s 50 day moving average is $8.91. LuxExperience B.V. has a twelve month low of $6.18 and a twelve month high of $12.50. The firm has a market cap of $695.88 million, a PE ratio of 1.86 and a beta of 1.11. The company has a quick ratio of 1.01, a current ratio of 2.46 and a debt-to-equity ratio of 0.12.

LuxExperience B.V. (NYSE:LUXE) last released its quarterly earnings results on Wednesday, November 19th. The company reported ($0.71) EPS for the quarter, missing the consensus estimate of ($0.28) by ($0.43). LuxExperience B.V. had a return on equity of 58.60% and a net margin of 29.45%.The company had revenue of $670.38 million for the quarter, compared to analysts’ expectations of $680.63 million.

Institutional Trading of LuxExperience B.V.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LUXE. GAMMA Investing LLC purchased a new position in shares of LuxExperience B.V. in the 4th quarter worth $26,000. State of Wyoming acquired a new position in shares of LuxExperience B.V. in the 3rd quarter valued at about $49,000. Millennium Management LLC purchased a new stake in shares of LuxExperience B.V. during the 3rd quarter worth about $134,000. R Squared Ltd acquired a new stake in LuxExperience B.V. during the 3rd quarter worth approximately $140,000. Finally, GSA Capital Partners LLP acquired a new position in LuxExperience B.V. during the third quarter valued at approximately $211,000. Hedge funds and other institutional investors own 10.07% of the company’s stock.

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.