Lulu’s Fashion Lounge (NASDAQ:LVLU – Get Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, March 6th. Analysts expect the company to announce earnings of ($0.10) per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.
Lulu’s Fashion Lounge Price Performance
Shares of Lulu’s Fashion Lounge stock opened at $1.95 on Wednesday. The firm has a market cap of $78.92 million, a PE ratio of -4.33 and a beta of 0.21. Lulu’s Fashion Lounge has a 12-month low of $1.44 and a 12-month high of $3.40. The company has a quick ratio of 0.44, a current ratio of 1.09 and a debt-to-equity ratio of 0.17. The company’s fifty day simple moving average is $2.02 and its two-hundred day simple moving average is $2.10.
Wall Street Analysts Forecast Growth
LVLU has been the topic of a number of recent analyst reports. Telsey Advisory Group reissued a “market perform” rating and issued a $3.00 price target on shares of Lulu’s Fashion Lounge in a report on Wednesday, November 1st. BTIG Research reaffirmed a “neutral” rating on shares of Lulu’s Fashion Lounge in a research report on Thursday, November 9th. Finally, The Goldman Sachs Group dropped their target price on shares of Lulu’s Fashion Lounge from $2.25 to $2.00 and set a “neutral” rating for the company in a research report on Thursday, November 9th.
View Our Latest Report on LVLU
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of the business. Bank of America Corp DE lifted its position in Lulu’s Fashion Lounge by 27.5% during the 1st quarter. Bank of America Corp DE now owns 6,304 shares of the company’s stock valued at $42,000 after acquiring an additional 1,358 shares during the period. Envestnet Asset Management Inc. lifted its position in Lulu’s Fashion Lounge by 12.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 20,666 shares of the company’s stock valued at $96,000 after acquiring an additional 2,217 shares during the period. Northern Trust Corp lifted its position in Lulu’s Fashion Lounge by 5.5% during the 2nd quarter. Northern Trust Corp now owns 48,642 shares of the company’s stock valued at $528,000 after acquiring an additional 2,532 shares during the period. Quantbot Technologies LP purchased a new position in Lulu’s Fashion Lounge during the 2nd quarter valued at about $39,000. Finally, California State Teachers Retirement System raised its holdings in Lulu’s Fashion Lounge by 162.4% in the third quarter. California State Teachers Retirement System now owns 6,572 shares of the company’s stock worth $31,000 after buying an additional 4,067 shares during the last quarter. 51.44% of the stock is owned by hedge funds and other institutional investors.
Lulu’s Fashion Lounge Company Profile
(Get Free Report)
Lulu’s Fashion Lounge Holdings, Inc operates as an online retailer of women’s clothing, shoes, and accessories. The company offers dresses, tops, bottoms, wedding dresses, intimates and sleepwear, swimwear, footwear, and accessories under the Lulus brand. It sells its products through owned media, which primarily consists of its website, mobile app, social media, email, and SMS; and earned and paid media, as well as social media platforms.
Further Reading
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