Lulu’s Fashion Lounge (NASDAQ:LVLU – Get Free Report) had its price target lowered by equities research analysts at Telsey Advisory Group from $3.00 to $2.00 in a note issued to investors on Friday, Briefing.com reports. The brokerage currently has a “market perform” rating on the stock. Telsey Advisory Group’s price target would indicate a potential upside of 25.79% from the company’s current price.
Lulu’s Fashion Lounge Stock Up 1.3 %
Lulu’s Fashion Lounge stock opened at $1.59 on Friday. The business has a fifty day moving average of $1.77 and a two-hundred day moving average of $1.74. The firm has a market cap of $65.71 million, a P/E ratio of -3.18 and a beta of 0.25. Lulu’s Fashion Lounge has a twelve month low of $1.05 and a twelve month high of $2.84.
Lulu’s Fashion Lounge (NASDAQ:LVLU – Get Free Report) last posted its earnings results on Wednesday, May 8th. The company reported ($0.15) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.08). Lulu’s Fashion Lounge had a negative return on equity of 31.36% and a negative net margin of 5.70%. The company had revenue of $77.26 million for the quarter, compared to analysts’ expectations of $85.60 million. Equities analysts expect that Lulu’s Fashion Lounge will post -0.14 earnings per share for the current year.
Hedge Funds Weigh In On Lulu’s Fashion Lounge
About Lulu’s Fashion Lounge
Lulu's Fashion Lounge Holdings, Inc operates as an online retailer of women's apparel, footwear, and accessories. The company offers formals, casuals, dresses, tops, bottoms, wedding dresses, rompers and jumpsits, intimates and sleepwear, swimwear, shoes, and accessories under the Lulus brand.
See Also
- Five stocks we like better than Lulu’s Fashion Lounge
- Quiet Period Expirations Explained
- EA’s New Game Launch Boosts Stock: Is It Time to Buy?
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- T-Mobile Stock Poised to Outperform Peers with Stellar Quarter
- 3 Small Caps With Big Return Potential
- Defense Stocks Soar to New Highs; Higher Highs Are Coming
Receive News & Ratings for Lulu's Fashion Lounge Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lulu's Fashion Lounge and related companies with MarketBeat.com's FREE daily email newsletter.