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

LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) has received a consensus recommendation of “Hold” from the five analysts that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $10.00.

Several research firms recently commented on LUXE. Zacks Research downgraded LuxExperience B.V. from a “hold” rating to a “strong sell” rating in a research report on Monday, January 26th. Wall Street Zen upgraded LuxExperience B.V. from a “strong sell” rating to a “sell” rating in a research report on Sunday. JPMorgan Chase & Co. dropped their price objective on LuxExperience B.V. from $10.00 to $9.00 and set a “neutral” rating for the company in a research note on Tuesday, April 14th. Weiss Ratings upgraded shares of LuxExperience B.V. from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. Finally, B. Riley Financial assumed 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.

Institutional Trading of LuxExperience B.V.

Large investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC acquired a new position in shares of LuxExperience B.V. in the 4th quarter worth approximately $26,000. Boothbay Fund Management LLC increased its holdings in LuxExperience B.V. by 2.4% during the 4th quarter. Boothbay Fund Management LLC now owns 205,488 shares of the company’s stock valued at $1,716,000 after purchasing an additional 4,872 shares in the last quarter. State of Wyoming acquired a new stake in LuxExperience B.V. during the 3rd quarter valued at $49,000. Larson Financial Group LLC bought a new position in LuxExperience B.V. in the 4th quarter valued at $52,000. Finally, The Manufacturers Life Insurance Company raised its holdings in shares of LuxExperience B.V. by 64.8% in the fourth quarter. The Manufacturers Life Insurance Company now owns 22,095 shares of the company’s stock valued at $184,000 after buying an additional 8,685 shares during the last quarter. 10.07% of the stock is owned by institutional investors.

LuxExperience B.V. Stock Down 2.4%

Shares of LUXE opened at $8.16 on Friday. The company has a quick ratio of 0.83, a current ratio of 2.12 and a debt-to-equity ratio of 0.12. The company has a 50-day moving average price of $8.56 and a two-hundred day moving average price of $8.81. The stock has a market cap of $699.23 million, a price-to-earnings ratio of 1.89 and a beta of 1.16. LuxExperience B.V. has a 12 month low of $7.00 and a 12 month high of $11.38.

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.