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

LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) has been assigned a consensus rating of “Hold” from the five brokerages that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $10.3333.

A number of equities research analysts recently commented on the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of LuxExperience B.V. in a research report on Monday, December 29th. Zacks Research cut shares of LuxExperience B.V. from a “hold” rating to a “strong sell” rating in a research note on Monday, January 26th. Jefferies Financial Group assumed coverage on shares of LuxExperience B.V. in a research note on Wednesday, January 14th. They issued a “hold” rating and a $9.00 price objective on the stock. B. Riley Financial started coverage on shares of LuxExperience B.V. in a report on Thursday, January 15th. They set a “buy” rating and a $12.00 target price for the company. Finally, JPMorgan Chase & Co. lowered shares of LuxExperience B.V. from an “overweight” rating to a “neutral” rating and set a $10.00 price target on the stock. in a report on Wednesday.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Sylebra Capital LLC purchased a new stake in LuxExperience B.V. in the 3rd quarter worth approximately $31,351,000. Woodson Capital Management LP purchased a new position in shares of LuxExperience B.V. during the 4th quarter valued at approximately $30,060,000. Portolan Capital Management LLC acquired a new position in shares of LuxExperience B.V. in the 3rd quarter valued at $13,271,000. Pillsbury Lake Capital LLC purchased a new stake in LuxExperience B.V. during the fourth quarter worth $12,602,000. Finally, Nixon Capital LLC purchased a new stake in LuxExperience B.V. during the fourth quarter worth $10,711,000. 10.07% of the stock is currently owned by hedge funds and other institutional investors.

LuxExperience B.V. Stock Performance

Shares of LUXE opened at $9.73 on Friday. The company has a current ratio of 2.12, a quick ratio of 0.83 and a debt-to-equity ratio of 0.12. The stock’s 50-day moving average price is $8.58. The firm has a market cap of $833.86 million, a PE ratio of 2.25 and a beta of 1.11. LuxExperience B.V. has a one year low of $6.18 and a one year high of $11.41.

LuxExperience B.V. (NYSE:LUXE) last announced its quarterly earnings data on Wednesday, November 19th. The company reported ($0.71) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.28) by ($0.43). LuxExperience B.V. had a net margin of 22.82% and a return on equity of 44.51%. The firm had revenue of $670.38 million during the quarter, compared to analyst estimates of $680.63 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. It serves high-income luxury consumers. The company was founded in 1987 and is based in Munich, Germany.