LuxExperience B.V. - Sponsored ADR (NYSE:LUXE) Receives Average Rating of "Hold" from Brokerages

Key Points

• Analysts have a consensus “Hold” rating on LuxExperience, with one sell, three hold, and two buy recommendations. The average 12-month price target is $9.75, above the reported $7.30 opening price.
• Recent analyst actions were mixed: TD Cowen raised its target to $9.00 and issued a buy rating, while Wall Street Zen downgraded the stock to “strong sell”; Weiss Ratings maintained a “hold” rating.
• LuxExperience has a market capitalization of approximately $625.6 million, and institutional investors own 10.07% of its shares. The stock has traded between $6.54 and $11.38 over the past year.

Shares of LuxExperience B.V. - Sponsored ADR (NYSE:LUXE - Get Free Report) have received a consensus recommendation of "Hold" from the six ratings firms that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have given a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $9.75.

Several equities research analysts have recently weighed in on LUXE shares. Weiss Ratings reiterated a "hold (c-)" rating on shares of LuxExperience B.V. in a research note on Friday, August 28th. TD Cowen raised their target price on LuxExperience B.V. from $8.00 to $9.00 and gave the stock a "buy" rating in a research report on Wednesday, August 19th. 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.

LuxExperience B.V. Stock Performance

NYSE LUXE opened at $7.30 on Thursday. LuxExperience B.V. has a twelve month low of $6.54 and a twelve month high of $11.38. The company has a quick ratio of 0.81, a current ratio of 2.33 and a debt-to-equity ratio of 0.13. The stock has a market cap 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.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Larson Financial Group LLC bought a new stake in LuxExperience B.V. during the 4th quarter worth approximately $52,000. HRT Financial LP acquired a new position in LuxExperience B.V. in the fourth quarter worth $114,000. XTX Topco Ltd bought a new stake in shares of LuxExperience B.V. during the fourth quarter worth $125,000. Americana Partners LLC acquired a new stake in shares of LuxExperience B.V. in the fourth quarter valued at $127,000. Finally, Millennium Management LLC bought a new position in shares of LuxExperience B.V. in the third quarter valued at about $134,000. Institutional investors 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.

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