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

LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) has been assigned a consensus recommendation of “Hold” from the six research firms that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $9.75.

A number of equities research analysts have recently issued reports on LUXE shares. TD Cowen boosted their price objective on LuxExperience B.V. from $8.00 to $9.00 and gave the stock a “buy” rating in a report on Wednesday. Wall Street Zen lowered LuxExperience B.V. from a “sell” rating to a “strong sell” rating in a research note on Monday, May 18th. Finally, Weiss Ratings cut LuxExperience B.V. from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, June 2nd.

LuxExperience B.V. Stock Performance

Shares of LUXE stock opened at $7.77 on Friday. The company has a market capitalization of $665.89 million, a price-to-earnings ratio of 1.90 and a beta of 1.06. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.81 and a current ratio of 2.33. The company has a 50-day simple moving average of $7.88 and a 200 day simple moving average of $8.21. LuxExperience B.V. has a 52 week low of $6.54 and a 52 week high of $11.38.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Sylebra Capital LLC bought a new stake in shares of LuxExperience B.V. in the third quarter valued at approximately $31,351,000. Woodson Capital Management LP bought a new position in LuxExperience B.V. during the 4th quarter worth $30,060,000. Pillsbury Lake Capital LLC bought a new position in LuxExperience B.V. during the 4th quarter worth $12,602,000. Nixon Capital LLC acquired a new position in LuxExperience B.V. in the 4th quarter valued at $10,711,000. Finally, Stoic Point Capital Management LLC acquired a new position in LuxExperience B.V. in the 4th quarter valued at $8,628,000. 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.