Lavoro Limited (NASDAQ:LVRO - Get Free Report)'s share price gapped up prior to trading on Tuesday . The stock had previously closed at $5.50, but opened at $5.69. Lavoro shares last traded at $5.69, with a volume of 4,305 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Oppenheimer started coverage on shares of Lavoro in a research note on Thursday, April 11th. They set an "outperform" rating and a $11.00 price target for the company.
Check Out Our Latest Analysis on LVRO
Lavoro Price Performance
The stock's fifty day moving average price is $6.28 and its 200-day moving average price is $6.94. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.71 and a current ratio of 1.05. The firm has a market cap of $653.02 million, a PE ratio of -5.82 and a beta of 0.12.
Lavoro (NASDAQ:LVRO - Get Free Report) last posted its earnings results on Thursday, March 7th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.10). Lavoro had a negative net margin of 5.99% and a negative return on equity of 6.44%. The business had revenue of $618.96 million for the quarter, compared to analysts' expectations of $626.10 million. As a group, equities analysts forecast that Lavoro Limited will post -0.35 EPS for the current fiscal year.
Lavoro Company Profile
(
Get Free Report)
Lavoro Limited operates as an agricultural inputs retailer. The company operates through three segments: Brazil Cluster, LATAM Cluster, and Crop Care Cluster. It distributes agricultural inputs, such as crop protection, seeds, fertilizers, foliar fertilizers, biologicals, adjuvants, organominerals, and others for the agricultural industry.
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