LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) Receives $9.50 Consensus PT from Analysts

Shares of LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) have earned a consensus rating of “Hold” from the six ratings firms that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $9.50.

A number of equities analysts have weighed in on the stock. Weiss Ratings cut shares of LuxExperience B.V. from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, June 2nd. Wall Street Zen cut shares of LuxExperience B.V. from a “sell” rating to a “strong sell” rating in a research report on Monday, May 18th. JPMorgan Chase & Co. reduced their price objective on shares of LuxExperience B.V. from $10.00 to $9.00 and set a “neutral” rating for the company in a research report on Tuesday, April 14th. Finally, TD Cowen reduced their price objective on shares of LuxExperience B.V. from $12.00 to $8.00 and set a “buy” rating for the company in a research report on Wednesday, May 20th.

LuxExperience B.V. Stock Performance

NYSE:LUXE opened at $7.24 on Tuesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.81 and a current ratio of 2.33. The company has a fifty day moving average of $8.08 and a two-hundred day moving average of $8.54. The stock has a market capitalization of $620.47 million, a PE ratio of 1.77 and a beta of 1.08. LuxExperience B.V. has a fifty-two week low of $6.54 and a fifty-two week high of $11.38.

Institutional Investors Weigh In On LuxExperience B.V.

Hedge funds have recently modified their holdings of the business. GAMMA Investing LLC acquired a new stake in shares of LuxExperience B.V. in the fourth quarter valued at about $26,000. State of Wyoming acquired a new stake in shares of LuxExperience B.V. in the third quarter valued at about $49,000. Larson Financial Group LLC acquired a new stake in shares of LuxExperience B.V. in the fourth quarter valued at about $52,000. HRT Financial LP acquired a new stake in shares of LuxExperience B.V. in the fourth quarter valued at about $114,000. Finally, XTX Topco Ltd acquired a new stake in shares of LuxExperience B.V. in the fourth quarter valued at about $125,000. 10.07% of the stock is currently owned by institutional investors and hedge funds.

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.