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

Shares of LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) have been given an average rating of “Hold” by the five analysts that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and one has given a buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $10.00.

LUXE has been the topic of several recent analyst reports. JPMorgan Chase & Co. decreased their price target on LuxExperience B.V. from $10.00 to $9.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 14th. Zacks Research lowered LuxExperience B.V. from a “hold” rating to a “strong sell” rating in a research note on Monday, January 26th. Jefferies Financial Group initiated coverage on LuxExperience B.V. in a research note on Wednesday, January 14th. They issued a “hold” rating and a $9.00 price target on the stock. B. Riley Financial initiated coverage on LuxExperience B.V. in a research note on Thursday, January 15th. They issued a “buy” rating and a $12.00 price target on the stock. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of LuxExperience B.V. in a research note on Monday, December 29th.

LuxExperience B.V. Stock Performance

NYSE LUXE opened at $8.92 on Monday. The stock’s fifty day moving average is $8.82. The firm has a market capitalization of $764.69 million, a price-to-earnings ratio of 2.07 and a beta of 1.15. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.12 and a quick ratio of 0.83. LuxExperience B.V. has a fifty-two week low of $6.95 and a fifty-two week high of $11.38.

Hedge Funds Weigh In On LuxExperience B.V.

Several large investors have recently modified their holdings of LUXE. GAMMA Investing LLC acquired a new position in shares of LuxExperience B.V. in the 4th quarter valued at $26,000. State of Wyoming acquired a new position in shares of LuxExperience B.V. in the 3rd quarter valued at $49,000. Larson Financial Group LLC acquired a new position in shares of LuxExperience B.V. in the 4th quarter valued at $52,000. HRT Financial LP acquired a new position in shares of LuxExperience B.V. in the 4th quarter valued at $114,000. Finally, XTX Topco Ltd purchased a new stake in shares of LuxExperience B.V. in the 4th quarter valued at $125,000. Institutional investors and hedge funds 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.