LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) Stock Has Consensus Target Price of $10.75 According to Brokerages

LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) has been given an average rating of “Hold” by the seven ratings firms that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $11.18.

Several analysts have commented on LUXE shares. Zacks Research downgraded LuxExperience B.V. from a “hold” rating to a “strong sell” rating in a research note on Wednesday, September 16th. JPMorgan Chase & Co. increased their price objective on LuxExperience B.V. from $9.00 to $10.00 and gave the stock a “neutral” rating in a research report on Thursday, September 17th. B. Riley Financial lifted their target price on LuxExperience B.V. from $12.00 to $13.00 and gave the company a “buy” rating in a research note on Thursday, September 17th. TD Cowen boosted their target price on LuxExperience B.V. from $9.00 to $11.00 and gave the company a “buy” rating in a report on Thursday, September 24th. Finally, Sanford C. Bernstein assumed coverage on LuxExperience B.V. in a report on Tuesday, October 6th. They issued an “outperform” rating and a $12.90 target price on the stock.

LuxExperience B.V. Price Performance

Shares of LUXE opened at $10.24 on Monday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.79 and a current ratio of 2.20. LuxExperience B.V. has a fifty-two week low of $6.54 and a fifty-two week high of $11.38. The firm has a 50-day simple moving average of $8.44 and a 200-day simple moving average of $8.13. The company has a market capitalization of $877.56 million, a price-to-earnings ratio of -7.16 and a beta of 1.02.

Insider Buying and Selling at LuxExperience B.V.

In related news, CEO Michael Kliger sold 65,279 shares of the stock in a transaction on Wednesday, October 7th. The stock was sold at an average price of $10.03, for a total transaction of $654,748.37. Following the completion of the sale, the chief executive officer directly owned 119,263 shares of the company’s stock, valued at $1,196,207.89. This trade represents a 35.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold 335,962 shares of company stock worth $3,373,938 over the last three months. 1.90% of the stock is owned by company insiders.

Hedge Funds Weigh In On LuxExperience B.V.

Several institutional investors have recently bought and sold shares of LUXE. Nixon Capital LLC purchased a new stake in shares of LuxExperience B.V. in the fourth quarter valued at about $10,711,000. DJE Kapital AG acquired a new position in shares of LuxExperience B.V. during the first quarter worth about $6,119,000. Stoic Point Capital Management LLC raised its holdings in 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 purchasing an additional 607,240 shares in the last quarter. Solas Capital Management LLC purchased a new position in LuxExperience B.V. during the second quarter worth about $2,560,000. Finally, Capricorn Fund Managers Ltd raised its holdings in LuxExperience B.V. by 35.5% during the first quarter. Capricorn Fund Managers Ltd now owns 1,023,172 shares of the company’s stock worth $8,155,000 after purchasing an additional 268,263 shares in the last quarter. 10.07% of the stock is owned by institutional investors and hedge funds.

LuxExperience B.V. Company Profile

LuxExperience B.V. is a Netherlands-based travel and experiences company focused on luxury and premium leisure offerings. The company operates digital platforms that connect travelers with hotels, resorts, tours, cruises and other curated vacation experiences.

Its services are designed to support the planning and booking of leisure travel, with offerings that may include accommodations, packaged holidays and destination experiences. LuxExperience serves customers in international markets through its online travel businesses and related consumer brands.

The company is headquartered in Amsterdam, the Netherlands.