Lulu’s Fashion Lounge (NASDAQ:LVLU) Trading 0.4% Higher – What’s Next?

Lulu’s Fashion Lounge Holdings, Inc. (NASDAQ:LVLU) was up 0.4% during mid-day trading on Tuesday . The stock traded as high as $5.55 and last traded at $5.52. Approximately 17,317 shares were traded during mid-day trading, a decline of 24% from the average daily volume of 22,664 shares. The stock had previously closed at $5.50.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on LVLU. Weiss Ratings reiterated a “sell (e+)” rating on shares of Lulu’s Fashion Lounge in a research note on Tuesday, October 14th. Wall Street Zen upgraded Lulu’s Fashion Lounge to a “sell” rating in a research note on Saturday, September 13th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $15.00.

Lulu’s Fashion Lounge Trading Down 0.1%

The company’s fifty day simple moving average is $5.11 and its 200 day simple moving average is $4.86. The stock has a market capitalization of $15.27 million, a P/E ratio of -0.34 and a beta of 0.38.

Lulu’s Fashion Lounge (NASDAQ:LVLU) last issued its quarterly earnings data on Wednesday, November 12th. The company reported ($0.84) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.90) by $0.06. The company had revenue of $73.59 million for the quarter, compared to the consensus estimate of $75.68 million. Lulu’s Fashion Lounge had a negative return on equity of 251.91% and a negative net margin of 15.83%. Equities research analysts predict that Lulu’s Fashion Lounge Holdings, Inc. will post -0.74 earnings per share for the current year.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Lulu’s Fashion Lounge stock. Chico Wealth RIA bought a new stake in Lulu’s Fashion Lounge Holdings, Inc. (NASDAQ:LVLU) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 101,432 shares of the company’s stock, valued at approximately $477,000. Lulu’s Fashion Lounge makes up about 0.3% of Chico Wealth RIA’s investment portfolio, making the stock its 22nd biggest position. Chico Wealth RIA owned about 3.69% of Lulu’s Fashion Lounge as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 73.79% of the company’s stock.

About Lulu’s Fashion Lounge

Lulu’s Fashion Lounge, Inc is a publicly traded e-commerce apparel retailer that specializes in women’s fashion. Headquartered in Chico, California, the company operates under the “Lulus” brand, offering a curated selection of apparel, footwear and accessories designed to meet the trends and needs of a diverse female audience. Since completing its initial public offering and listing on the NASDAQ under the ticker symbol LVLU, Lulu’s has focused on expanding its direct-to-consumer business model and enhancing its online platform to drive global reach.

The company’s core product portfolio includes dresses, tops, denim, swimwear, jumpsuits and outerwear, complemented by a range of shoes, jewelry and handbags.