Lavoro (NASDAQ:LVRO) Shares Gap Down – Here’s What Happened

Posted by Jeff Wilder on Feb 22nd, 2025

Lavoro Limited (NASDAQ:LVRO – Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $4.77, but opened at $4.44. Lavoro shares last traded at $4.40, with a volume of 112 shares traded.

Analysts Set New Price Targets

Several research firms have recently weighed in on LVRO. Barclays raised shares of Lavoro from an “equal weight” rating to an “overweight” rating and dropped their target price for the stock from $6.00 to $5.00 in a research report on Tuesday, January 21st. Canaccord Genuity Group lowered their price objective on shares of Lavoro from $6.25 to $5.50 and set a “buy” rating on the stock in a research report on Tuesday, February 4th.

Read Our Latest Analysis on LVRO

Lavoro Trading Up 8.6 %

The company’s fifty day moving average is $4.47 and its 200-day moving average is $4.56. The firm has a market capitalization of $571.39 million, a P/E ratio of -3.01 and a beta of 0.32. The company has a current ratio of 0.95, a quick ratio of 0.66 and a debt-to-equity ratio of 0.13.

Lavoro (NASDAQ:LVRO – Get Free Report) last released its quarterly earnings data on Monday, February 3rd. The company reported ($0.39) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.38). Lavoro had a negative return on equity of 57.56% and a negative net margin of 10.39%. As a group, sell-side analysts anticipate that Lavoro Limited will post -1.84 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Lavoro

A hedge fund recently raised its stake in Lavoro stock. Northern Trust Corp increased its position in shares of Lavoro Limited (NASDAQ:LVRO – Free Report) by 73.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,488 shares of the company’s stock after acquiring an additional 10,826 shares during the quarter. Northern Trust Corp’s holdings in Lavoro were worth $122,000 as of its most recent SEC filing. 2.47% of the stock is currently owned by hedge funds and other institutional investors.

About Lavoro

(Get Free Report)

Lavoro Limited operates as an agricultural inputs retailer. The company operates through three segments: Brazil Cluster, LATAM Cluster, and Crop Care Cluster. It distributes agricultural inputs, such as crop protection, seeds, fertilizers, foliar fertilizers, biologicals, adjuvants, organominerals, and others for the agricultural industry.