LuxExperience B.V. (NYSE:LUXE) Research Coverage Started at Jefferies Financial Group

by · The Cerbat Gem

Jefferies Financial Group initiated coverage on shares of LuxExperience B.V. (NYSE:LUXE – Free Report) in a research note released on Wednesday morning, Marketbeat Ratings reports. The brokerage issued a hold rating and a $9.00 price objective on the stock.

Other research analysts have also recently issued research reports about the stock. Wall Street Zen cut shares of LuxExperience B.V. from a “hold” rating to a “sell” rating in a research report on Friday, October 3rd. Weiss Ratings reissued a “hold (c-)” rating on shares of LuxExperience B.V. in a research note on Monday, December 29th. Finally, JPMorgan Chase & Co. increased their price objective on shares of LuxExperience B.V. from $8.00 to $9.00 and gave the stock a “neutral” rating in a research report on Thursday, December 18th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, LuxExperience B.V. has an average rating of “Hold” and an average target price of $10.00.

Read Our Latest Report on LuxExperience B.V.

LuxExperience B.V. Stock Performance

LUXE opened at $8.13 on Wednesday. The firm has a market capitalization of $696.74 million, a PE ratio of 1.86 and a beta of 1.11. LuxExperience B.V. has a one year low of $6.18 and a one year 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 50 day simple moving average of $8.90.

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

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. GAMMA Investing LLC purchased a new stake in LuxExperience B.V. during the 4th quarter worth approximately $26,000. State of Wyoming acquired a new position in shares of LuxExperience B.V. in the third quarter worth $49,000. Millennium Management LLC purchased a new stake in shares of LuxExperience B.V. during the third quarter worth $134,000. R Squared Ltd acquired a new stake in shares of LuxExperience B.V. in the third quarter valued at $140,000. Finally, GSA Capital Partners LLP acquired a new stake in shares of LuxExperience B.V. in the third quarter valued at $211,000. Institutional investors and hedge funds own 10.07% of the company’s stock.

LuxExperience B.V. Company Profile

(Get Free Report)

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.

See Also