LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) Given Average Recommendation of “Hold” by Analysts

Shares of LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) have received an average recommendation of “Hold” from the five brokerages that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $10.00.

A number of equities research analysts recently weighed in on the stock. Zacks Research cut shares of LuxExperience B.V. from a “hold” rating to a “strong sell” rating in a research report on Monday. B. Riley initiated coverage on shares of LuxExperience B.V. in a report on Thursday, January 15th. They issued a “buy” rating and a $12.00 target price on the stock. Jefferies Financial Group assumed coverage on shares of LuxExperience B.V. in a report on Wednesday, January 14th. They set a “hold” rating and a $9.00 price target for the company. Weiss Ratings reissued a “hold (c-)” rating on shares of LuxExperience B.V. in a report on Monday, December 29th. Finally, Wall Street Zen downgraded shares of LuxExperience B.V. from a “hold” rating to a “sell” rating in a report on Friday, October 3rd.

LuxExperience B.V. Stock Down 0.4%

LUXE stock opened at $8.34 on Wednesday. The stock’s 50 day simple moving average is $8.77. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.01 and a current ratio of 2.46. The stock has a market capitalization of $714.74 million, a PE ratio of 1.91 and a beta of 1.11. LuxExperience B.V. has a fifty-two week low of $6.18 and a fifty-two week high of $12.50.

LuxExperience B.V. (NYSE:LUXE) last released 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). The company had revenue of $670.38 million for the quarter, compared to analyst estimates of $680.63 million. LuxExperience B.V. had a return on equity of 58.60% and a net margin of 29.45%.

Institutional Investors Weigh In On LuxExperience B.V.

Institutional investors and hedge funds have recently modified their holdings of the company. GAMMA Investing LLC acquired a new position in LuxExperience B.V. during the fourth quarter worth $26,000. State of Wyoming purchased a new position in shares of LuxExperience B.V. in the third quarter valued at $49,000. Fiscal Wisdom Wealth Management LLC raised its stake in shares of LuxExperience B.V. by 41.4% during the 4th quarter. Fiscal Wisdom Wealth Management LLC now owns 38,315 shares of the company’s stock worth $320,000 after buying an additional 11,225 shares during the last quarter. Millennium Management LLC purchased a new stake in shares of LuxExperience B.V. in the 3rd quarter worth about $134,000. Finally, R Squared Ltd acquired a new stake in LuxExperience B.V. in the 3rd quarter valued at about $140,000. Institutional investors and hedge funds own 10.07% of the company’s stock.

About LuxExperience B.V.

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.