Lulu's Fashion Lounge (NASDAQ:LVLU - Free Report ) in a report released on Thursday morning, Benzinga reports. Telsey Advisory Group currently has a $3.00 target price on the stock.
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Lulu's Fashion Lounge Stock Up 16.3 % NASDAQ:LVLU traded up $0.25 during midday trading on Thursday, hitting $1.78. The company had a trading volume of 257,985 shares, compared to its average volume of 25,893. The company has a market capitalization of $73.56 million, a PE ratio of -3.47 and a beta of 0.09. Lulu's Fashion Lounge has a 52-week low of $1.05 and a 52-week high of $3.26. The stock's fifty day moving average price is $1.50 and its 200-day moving average price is $1.89.
Lulu's Fashion Lounge (NASDAQ:LVLU - Get Free Report ) last posted its quarterly earnings results on Wednesday, March 6th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.08). Lulu's Fashion Lounge had a negative return on equity of 30.43% and a negative net margin of 5.44%. The business had revenue of $74.96 million for the quarter, compared to analysts' expectations of $73.95 million. As a group, research analysts forecast that Lulu's Fashion Lounge will post -0.12 earnings per share for the current year.
Hedge Funds Weigh In On Lulu's Fashion Lounge An institutional investor recently bought a new position in Lulu's Fashion Lounge stock. Victory Capital Management Inc. purchased a new stake in shares of Lulu's Fashion Lounge Holdings, Inc. (NASDAQ:LVLU - Free Report ) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 32,856 shares of the company's stock, valued at approximately $61,000. Victory Capital Management Inc. owned about 0.08% of Lulu's Fashion Lounge as of its most recent SEC filing. Hedge funds and other institutional investors own 73.79% of the company's stock.
About Lulu's Fashion Lounge (
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Lulu's Fashion Lounge Holdings, Inc operates as an online retailer of women's apparel, footwear, and accessories. The company offers formals, casuals, dresses, tops, bottoms, wedding dresses, rompers and jumpsits, intimates and sleepwear, swimwear, shoes, and accessories under the Lulus brand.
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