Lulu’s Trend Lounge Holdings, Inc. (NASDAQ:LVLU – Get Rating) – Analysts at Jefferies Money Group dropped their Q2 2022 EPS estimates for shares of Lulu’s Fashion Lounge in a report launched on Thursday, July 28th. Jefferies Money Group analyst R. Konik now expects that the company will article earnings for every share of $.16 for the quarter, down from their prior estimate of $.22. The consensus estimate for Lulu’s Fashion Lounge’s current full-yr earnings is $.56 for every share. Jefferies Financial Team also issued estimates for Lulu’s Manner Lounge’s FY2022 earnings at $.44 EPS, Q1 2023 earnings at $.16 EPS, Q2 2023 earnings at $.17 EPS and FY2023 earnings at $.64 EPS.
Lulu’s Vogue Lounge (NASDAQ:LVLU – Get Ranking) past introduced its quarterly earnings success on Tuesday, Might 17th. The company described $.05 EPS for the quarter, hitting the consensus estimate of $.05. The firm experienced profits of $111.90 million for the quarter, in contrast to analyst estimates of $97.50 million.
Several other analysts also just lately weighed in on LVLU. Cowen lowered their target price tag on shares of Lulu’s Vogue Lounge from $22.00 to $12.00 in a report on Friday. Lender of America downgraded shares of Lulu’s Vogue Lounge from a “buy” ranking to a “neutral” ranking and boosted their price goal for the inventory from $14.00 to $21.00 in a report on Friday, June 10th. The Goldman Sachs Team diminished their value concentrate on on shares of Lulu’s Fashion Lounge from $33.00 to $15.00 and established a “buy” ranking on the inventory in a report on Monday, April 4th. Robert W. Baird lowered their selling price target on shares of Lulu’s Trend Lounge from $17.00 to $10.00 and established an “outperform” ranking on the inventory in a report on Friday. Lastly, Piper Sandler lowered shares of Lulu’s Style Lounge from an “overweight” score to a “neutral” ranking and slash their price tag aim for the corporation from $17.00 to $14.00 in a study report on Friday, July 22nd. Two equities investigation analysts have rated the stock with a maintain score and six have issued a obtain ranking to the inventory. According to MarketBeat, Lulu’s Vogue Lounge presently has an ordinary rating of “Moderate Buy” and an average target selling price of $14.33.
Lulu’s Trend Lounge Value Overall performance
NASDAQ LVLU opened at $5.60 on Monday. The enterprise has a personal debt-to-fairness ratio of .28, a brief ratio of .48 and a current ratio of 1.00. Lulu’s Manner Lounge has a just one yr very low of $5.10 and a 1 yr superior of $21.29. The firm’s fifty day transferring typical is $12.75 and its two-hundred working day relocating normal is $10.25.
Institutional Inflows and Outflows
A number of significant traders have just lately extra to or diminished their stakes in LVLU. New York State Frequent Retirement Fund obtained a new stake in shares of Lulu’s Trend Lounge in the 4th quarter really worth about $25,000. Allspring World Investments Holdings LLC acquired a new placement in Lulu’s Trend Lounge for the duration of the 1st quarter valued at about $39,000. Lender of America Corp DE enhanced its stake in Lulu’s Trend Lounge by 27.5% through the 1st quarter. Financial institution of The united states Corp DE now owns 6,304 shares of the company’s inventory valued at $42,000 right after getting an more 1,358 shares during the period. Envestnet Asset Management Inc. boosted its posture in shares of Lulu’s Manner Lounge by 45.1% in the course of the 1st quarter. Envestnet Asset Management Inc. now owns 19,609 shares of the company’s inventory valued at $133,000 just after purchasing an extra 6,091 shares in the last quarter. Lastly, Financial institution of New York Mellon Corp purchased a new position in shares of Lulu’s Fashion Lounge throughout the 1st quarter valued at about $139,000. 51.34% of the stock is presently owned by institutional buyers.
Lulu’s Manner Lounge Business Profile
Lulu’s Manner Lounge Holdings, Inc operates as an on the web retailer of women’s outfits, sneakers, and equipment. The organization presents attire, tops, bottoms, bridal wear, intimates, swimwear, footwear, and components underneath the Lulus brand name. It sells its items by way of owned media, which largely is composed of its website, cellular app, social media platforms, electronic mail, and SMS and earned and paid media, as properly as social media platforms.
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