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

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

LUXE has been the topic of several research reports. TD Cowen upped 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, August 19th. Weiss Ratings restated a “hold (c-)” rating on shares of LuxExperience B.V. in a research report on Friday, August 28th. Finally, Wall Street Zen lowered LuxExperience B.V. from a “sell” rating to a “strong sell” rating in a research note on Monday, May 18th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in LUXE. Sylebra Capital LLC bought a new position in shares of LuxExperience B.V. in the 3rd quarter valued at about $31,351,000. Woodson Capital Management LP acquired a new stake in shares of LuxExperience B.V. during the 4th quarter worth approximately $30,060,000. Stoic Point Capital Management LLC raised its stake in shares of LuxExperience B.V. by 58.8% during the first quarter. Stoic Point Capital Management LLC now owns 1,640,509 shares of the company’s stock worth $13,124,000 after buying an additional 607,240 shares during the last quarter. Pillsbury Lake Capital LLC bought a new stake in shares of LuxExperience B.V. during the fourth quarter worth approximately $12,602,000. Finally, Nixon Capital LLC bought a new stake in shares of LuxExperience B.V. during the fourth quarter worth approximately $10,711,000. 10.07% of the stock is currently owned by institutional investors and hedge funds.

LuxExperience B.V. Price Performance

LUXE opened at $7.30 on Thursday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.33 and a quick ratio of 0.81. The stock has a market capitalization of $625.61 million, a P/E ratio of 1.78 and a beta of 1.06. The company’s 50 day simple moving average is $7.88 and its 200-day simple moving average is $8.07. LuxExperience B.V. has a one year low of $6.54 and a one year high of $11.38.

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.