Lavoro (LVRO) to Release Quarterly Earnings on Monday

Lavoro (NASDAQ:LVRO) will likely be announcing its results before the market opens on Monday, February 2nd. Analysts expect the company to announce earnings of ($0.1368) per share for the quarter.

Lavoro Stock Up 1.9%

NASDAQ LVRO opened at $1.09 on Friday. The company has a 50-day simple moving average of $0.88 and a two-hundred day simple moving average of $1.39. Lavoro has a 12-month low of $0.19 and a 12-month high of $5.43. The firm has a market cap of $127.10 million, a price-to-earnings ratio of -0.69 and a beta of 0.51.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Lavoro in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Strong Sell” and an average price target of $3.44.

About Lavoro

Lavoro Limited operates as an agricultural inputs retailer. The company operates through three segments: Brazil Cluster, LATAM Cluster, and Crop Care Cluster. It distributes agricultural inputs, such as crop protection, seeds, fertilizers, foliar fertilizers, biologicals, adjuvants, organominerals, and others for the agricultural industry. The company also produces specialty fertilizers, crop protection products, and biological crop inputs. It operates in Brazil, Colombia, and Uruguay. The company sells its products through its physical stores and digital channel.