LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) Receives $10.33 Consensus PT from Brokerages

LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) has earned a consensus recommendation of “Hold” from the five ratings firms that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $10.3333.

LUXE has been the subject of several recent research reports. Jefferies Financial Group started coverage on LuxExperience B.V. in a research report on Wednesday, January 14th. They set a “hold” rating and a $9.00 price target for the company. Zacks Research lowered LuxExperience B.V. from a “hold” rating to a “strong sell” rating in a research note on Monday, January 26th. B. Riley Financial started coverage on LuxExperience B.V. in a research report on Thursday, January 15th. They set a “buy” rating and a $12.00 price objective for the company. JPMorgan Chase & Co. lowered shares of LuxExperience B.V. from an “overweight” rating to a “neutral” rating and set a $10.00 target price on the stock. in a report on Wednesday, February 18th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of LuxExperience B.V. in a research note on Monday, December 29th.

Institutional Trading of LuxExperience B.V.

Hedge funds have recently bought and sold shares of the company. Invesco Ltd. grew its stake in LuxExperience B.V. by 16.7% in the 4th quarter. Invesco Ltd. now owns 1,001,319 shares of the company’s stock worth $8,361,000 after acquiring an additional 143,381 shares during the period. Zazove Associates LLC acquired a new stake in shares of LuxExperience B.V. during the fourth quarter worth $1,673,000. Pillsbury Lake Capital LLC purchased a new stake in shares of LuxExperience B.V. in the fourth quarter valued at $12,602,000. XTX Topco Ltd purchased a new stake in shares of LuxExperience B.V. in the fourth quarter valued at $125,000. Finally, Stoic Point Capital Management LLC acquired a new position in LuxExperience B.V. in the fourth quarter valued at $8,628,000. Institutional investors and hedge funds own 10.07% of the company’s stock.

LuxExperience B.V. Price Performance

Shares of LuxExperience B.V. stock opened at $7.67 on Thursday. LuxExperience B.V. has a 1 year low of $6.18 and a 1 year high of $11.38. 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 stock’s 50 day moving average is $8.74. The firm has a market cap of $656.89 million, a P/E ratio of 1.77 and a beta of 1.08.

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.