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

Key Points

• Analysts give LuxExperience a consensus rating of Hold based on five reports (1 sell, 3 hold, 1 buy), with an average 12‑month price target of $10.33.
• Recent analyst activity is mixed: B. Riley initiated coverage with a Buy and $12 target, JPMorgan downgraded to Neutral with a $10 target, Zacks cut to Strong Sell, and Jefferies started at Hold with a $9 target.
• Shares opened at $8.75, trading below the analyst average target; the company has a market cap of about $750M, a P/E of 2.03, institutional ownership of ~10.1%, and a 52‑week range of $6.95–$11.38.

LuxExperience B.V. - Sponsored ADR (NYSE:LUXE - Get Free Report) has earned an average rating of "Hold" from the five analysts that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and one has issued a buy recommendation on the company. The average 12-month price target among brokers that have covered the stock in the last year is $10.3333.

Several analysts recently weighed in on the company. Weiss Ratings restated a "hold (c-)" rating on shares of LuxExperience B.V. in a research note on Monday, December 29th. B. Riley Financial assumed coverage on LuxExperience B.V. in a research note on Thursday, January 15th. They set a "buy" rating and a $12.00 target price for the company. JPMorgan Chase & Co. downgraded LuxExperience B.V. from an "overweight" rating to a "neutral" rating and set a $10.00 target price for the company. in a research note on Wednesday, February 18th. Zacks Research downgraded shares of LuxExperience B.V. from a "hold" rating to a "strong sell" rating in a report on Monday, January 26th. Finally, Jefferies Financial Group initiated coverage on shares of LuxExperience B.V. in a report on Wednesday, January 14th. They issued a "hold" rating and a $9.00 price target for the company.

Institutional Trading of LuxExperience B.V.

A number of hedge funds have recently modified their holdings of LUXE. GAMMA Investing LLC bought a new position in shares of LuxExperience B.V. during the 4th quarter worth about $26,000. State of Wyoming bought a new position in LuxExperience B.V. during the 3rd quarter valued at about $49,000. Larson Financial Group LLC bought a new position in LuxExperience B.V. in the 4th quarter valued at $52,000. HRT Financial LP bought a new position in LuxExperience B.V. in the 4th quarter valued at $114,000. Finally, XTX Topco Ltd bought a new position in LuxExperience B.V. in the 4th quarter valued at $125,000. Institutional investors own 10.07% of the company's stock.

LuxExperience B.V. Trading Down 0.1%

NYSE LUXE opened at $8.75 on Monday. The company has a current ratio of 2.12, a quick ratio of 0.83 and a debt-to-equity ratio of 0.12. The business's fifty day moving average price is $8.70. The company has a market cap of $749.96 million, a P/E ratio of 2.03 and a beta of 1.15. LuxExperience B.V. has a 1 year low of $6.95 and a 1 year high of $11.38.

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. It serves high-income luxury consumers. The company was founded in 1987 and is based in Munich, Germany.

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