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Lulu’s Fashion Lounge Holdings, Inc. (NASDAQ:LVLU – Get Score) – Expenditure analysts at Jefferies Economical Group dropped their Q2 2022 EPS estimates for Lulu’s Fashion Lounge in a report released on Wednesday, May well 18th. Jefferies Economical Team analyst R. Konik now expects that the company will receive $.22 per share for the quarter, down from their prior estimate of $.28. Jefferies Financial Team also issued estimates for Lulu’s Manner Lounge’s FY2022 earnings at $.58 EPS, Q2 2023 earnings at $.24 EPS, Q3 2023 earnings at $.20 EPS and Q4 2023 earnings at $.21 EPS.
Lulu’s Trend Lounge (NASDAQ:LVLU – Get Rating) last issued its quarterly earnings facts on Thursday, March 31st. The firm described ($.03) earnings for every share for the quarter, beating the consensus estimate of ($.08) by $.05. The organization experienced revenue of $96.76 million all through the quarter, as opposed to the consensus estimate of $93.10 million.
Quite a few other analysis corporations also just lately commented on LVLU. KeyCorp lessened their price tag focus on on shares of Lulu’s Style Lounge from $18.00 to $15.00 and established an “overweight” rating on the inventory in a investigate be aware on Thursday, January 20th. Zacks Expenditure Analysis downgraded shares of Lulu’s Vogue Lounge from a “buy” score to a “hold” rating in a investigate be aware on Friday. The Goldman Sachs Group minimized their rate aim on shares of Lulu’s Manner Lounge from $33.00 to $15.00 and set a “buy” ranking on the inventory in a investigate notice on Monday, April 4th. At last, Cowen reiterated a “buy” ranking and established a $15.00 value goal on shares of Lulu’s Style Lounge in a investigate be aware on Friday, April 1st. A person analyst has rated the inventory with a keep rating and 8 have issued a invest in rating to the company’s stock. According to information from MarketBeat.com, the business has an regular score of “Buy” and an normal rate concentrate on of $15.86.
Shares of LVLU opened at $11.60 on Friday. The organization has a 50-working day going common of $8.47. Lulu’s Trend Lounge has a fifty-two 7 days minimal of $5.10 and a fifty-two 7 days higher of $15.09. The business has a financial debt-to-fairness ratio of .28, a fast ratio of .62 and a recent ratio of 1.00.
Institutional buyers have a short while ago additional to or reduced their stakes in the organization. New York Condition Frequent Retirement Fund bought a new position in Lulu’s Vogue Lounge for the duration of the 4th quarter value around $25,000. Citigroup Inc. bought a new stake in shares of Lulu’s Vogue Lounge in the 4th quarter valued at $26,000. California Condition Teachers Retirement Procedure purchased a new stake in shares of Lulu’s Fashion Lounge in the 4th quarter valued at $33,000. Deutsche Lender AG bought a new stake in shares of Lulu’s Style Lounge in the 4th quarter valued at $36,000. Lastly, Wells Fargo & Enterprise MN acquired a new stake in shares of Lulu’s Vogue Lounge in the 4th quarter valued at $37,000. Hedge funds and other institutional traders own 51.34% of the company’s inventory.
About Lulu’s Style Lounge (Get Rating)
Lulu’s Vogue Lounge Holdings, Inc operates as an on the web retailer of women’s clothes, footwear, and add-ons. It offers dresses, tops, bottoms, bridal dress in, intimates, swimwear, footwear, and add-ons underneath the Lulus manufacturer. The corporation sells its products and solutions via owned media, which largely is made up of its web-site, mobile app, social media platforms, e mail, and SMS earned media and paid out media that is made up of paid advertisement on look for engines, such as Google and Bing, as properly as social media platforms comprising Fb and Instagram.
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