Brokerages Set LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) Price Target at $10.00

LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) has been assigned an average rating of “Hold” from the five analysts that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price target among brokers that have covered the stock in the last year is $10.00.

A number of equities research analysts have weighed in on LUXE shares. Zacks Research downgraded shares of LuxExperience B.V. from a “hold” rating to a “strong sell” rating in a research note on Monday, January 26th. Weiss Ratings reiterated a “hold (c-)” rating on shares of LuxExperience B.V. in a research report on Monday, December 29th. B. Riley began coverage on shares of LuxExperience B.V. in a research note on Thursday, January 15th. They issued a “buy” rating and a $12.00 target price on the stock. JPMorgan Chase & Co. lifted their price objective on LuxExperience B.V. from $8.00 to $9.00 and gave the company a “neutral” rating in a report on Thursday, December 18th. Finally, Wall Street Zen cut LuxExperience B.V. from a “hold” rating to a “sell” rating in a report on Friday, October 3rd.

Institutional Trading of LuxExperience B.V.

Several hedge funds have recently modified their holdings of LUXE. State of Wyoming bought a new stake in shares of LuxExperience B.V. during the third quarter worth $49,000. GSA Capital Partners LLP acquired a new position in shares of LuxExperience B.V. in the 3rd quarter valued at $211,000. Zweig DiMenna Associates LLC acquired a new position in LuxExperience B.V. in the third quarter valued at about $6,372,000. Fiscal Wisdom Wealth Management LLC acquired a new stake in shares of LuxExperience B.V. in the 3rd quarter valued at approximately $236,000. Finally, R Squared Ltd acquired a new stake in LuxExperience B.V. in the third quarter worth $140,000. Institutional investors and hedge funds own 10.07% of the company’s stock.

LuxExperience B.V. Price Performance

NYSE LUXE opened at $7.83 on Wednesday. LuxExperience B.V. has a 52-week low of $6.18 and a 52-week high of $12.50. The company has a quick ratio of 1.01, a current ratio of 2.46 and a debt-to-equity ratio of 0.12. The firm has a market cap of $671.03 million, a price-to-earnings ratio of 1.79 and a beta of 1.11. The stock has a fifty day moving average of $8.72.

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

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.