LuxExperience B.V. (NYSE:LUXE) Given "Sell (D-)" Rating at Weiss Ratings

Key Points

• LuxExperience B.V. (NYSE:LUXE) has received a "sell (D-)" rating from Weiss Ratings and a downgrade from "hold" to "sell" by Wall Street Zen.
• The company reported strong quarterly earnings with $5.30 earnings per share, significantly exceeding estimates, and achieved revenue of $666.94 million.
• LuxExperience B.V. currently holds an average stock rating of "Sell" and has a market cap of $675.32 million, with shares trading around $7.88.

LuxExperience B.V. (NYSE:LUXE - Get Free Report)'s stock had its "sell (d-)" rating reissued by investment analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen downgraded LuxExperience B.V. from a "hold" rating to a "sell" rating in a research report on Friday, October 3rd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, LuxExperience B.V. currently has an average rating of "Sell".

LuxExperience B.V. Price Performance

LuxExperience B.V. stock opened at $7.88 on Wednesday. The company has a quick ratio of 1.11, a current ratio of 2.48 and a debt-to-equity ratio of 0.13. The firm has a market cap of $675.32 million, a price-to-earnings ratio of 1.61 and a beta of 1.09. LuxExperience B.V. has a fifty-two week low of $6.00 and a fifty-two week high of $12.50.

LuxExperience B.V. (NYSE:LUXE - Get Free Report) last released its quarterly earnings results on Thursday, September 25th. The company reported $5.30 earnings per share for the quarter, topping the consensus estimate of ($0.18) by $5.48. The company had revenue of $666.94 million during the quarter, compared to the consensus estimate of $642.60 million. LuxExperience B.V. had a return on equity of 91.09% and a net margin of 45.47%.

About LuxExperience B.V.

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.

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