Lulu’s Fashion Lounge Holdings, Inc. (NASDAQ:LVLU) Receives $15.86 Average PT from Analysts
Lulu’s Fashion Lounge Holdings, Inc. (NASDAQ:LVLU – Get Score) has been presented a consensus score of “Buy” by the nine analysts that are presently covering the organization, Marketbeat experiences. 9 analysts have rated the stock with a get rating. The regular twelve-thirty day period selling price concentrate on amongst brokerages that have protected the stock in the previous 12 months is $15.86.
Various investigation analysts have not too long ago weighed in on LVLU shares. The Goldman Sachs Group dropped their price focus on on shares of Lulu’s Manner Lounge from $33.00 to $15.00 and set a “buy” ranking on the inventory in a research be aware on Monday, April 4th. KeyCorp lowered their value focus on on Lulu’s Vogue Lounge from $18.00 to $15.00 and established an “overweight” score for the enterprise in a investigate report on Thursday, January 20th. Zacks Financial commitment Investigate lifted Lulu’s Trend Lounge from a “hold” ranking to a “buy” score and set a $8.75 cost aim on the inventory in a study be aware on Tuesday, April 5th. At last, Cowen reiterated a “buy” rating and set a $15.00 value goal on shares of Lulu’s Style Lounge in a exploration take note on Friday, April 1st.
LVLU opened at $8.64 on Friday. The business has a 50 working day very simple going common of $8.43. The business has a current ratio of 1.14, a quick ratio of .62 and a personal debt-to-fairness ratio of .56. Lulu’s Trend Lounge has a 12-month minimal of $5.10 and a 12-thirty day period substantial of $15.09.
Various hedge cash and other institutional traders have lately additional to or decreased their stakes in LVLU. Kornitzer Cash Management Inc. KS acquired a new stake in Lulu’s Trend Lounge in the 4th quarter valued at $959,000. Retirement Devices of Alabama bought a new situation in shares of Lulu’s Style Lounge in the course of the fourth quarter valued at about $2,813,000. Citigroup Inc. purchased a new stake in shares of Lulu’s Vogue Lounge in the fourth quarter truly worth about $26,000. Northern Believe in Corp procured a new stake in shares of Lulu’s Manner Lounge in the fourth quarter really worth about $489,000. Last but not least, Leonard Green & Associates L.P. purchased a new position in Lulu’s Trend Lounge throughout the fourth quarter valued at around $3,069,000. 1.14% of the stock is owned by hedge cash and other institutional buyers.
About Lulu’s Fashion Lounge (Get Score)
Lulu’s Style Lounge Holdings, Inc operates as an on line retailer of women’s garments, footwear, and equipment. It provides dresses, tops, bottoms, bridal don, intimates, swimwear, footwear, and components below the Lulus manufacturer. The organization sells its items by way of owned media, which principally is composed of its site, mobile app, social media platforms, email, and SMS acquired media and compensated media that is composed of compensated ad on research engines, such as Google and Bing, as perfectly as social media platforms comprising Facebook and Instagram.
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