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

Shares of LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) have received a consensus rating of “Hold” from the five research firms that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and one has given a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $10.3333.

Several analysts have recently issued reports on the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of LuxExperience B.V. in a research note on Monday, December 29th. Jefferies Financial Group initiated coverage on LuxExperience B.V. in a report on Wednesday, January 14th. They issued a “hold” rating and a $9.00 target price for the company. B. Riley Financial began coverage on LuxExperience B.V. in a research report on Thursday, January 15th. They set a “buy” rating and a $12.00 target price for the company. JPMorgan Chase & Co. downgraded 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, February 18th. Finally, Zacks Research lowered shares of LuxExperience B.V. from a “hold” rating to a “strong sell” rating in a research report on Monday, January 26th.

LuxExperience B.V. Price Performance

LuxExperience B.V. stock opened at $8.20 on Thursday. LuxExperience B.V. has a one year low of $6.18 and a one year high of $11.38. The stock’s fifty day simple moving average is $8.75. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.12 and a quick ratio of 0.83. The firm has a market capitalization of $702.83 million, a P/E ratio of 1.90 and a beta of 1.08.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. GAMMA Investing LLC bought a new stake in LuxExperience B.V. during the fourth quarter valued at about $26,000. State of Wyoming bought a new position in shares of LuxExperience B.V. in the third quarter worth about $49,000. Larson Financial Group LLC acquired a new position in shares of LuxExperience B.V. during the 4th quarter worth about $52,000. HRT Financial LP acquired a new position in shares of LuxExperience B.V. during the 4th quarter worth about $114,000. Finally, XTX Topco Ltd bought a new stake in LuxExperience B.V. during the 4th quarter valued at approximately $125,000. 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.