MYT Netherlands Parent BV ADR (NYSE:MYTE)’s traded shares stood at 0.35 million during the last session, with the company’s beta value hitting 0.98. At the close of trading, the stock’s price was $9.39, to imply an increase of 11.52% or $0.97 in intraday trading. The MYTE share’s 52-week high remains $8.53, putting it 9.16% up since that peak but still an impressive 74.33% since price per share fell to its 52-week low of $2.41. The company has a valuation of $800.69M, with an average of 0.12 million shares in intraday trading volume over the past 10 days and average of 153.54K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for MYT Netherlands Parent BV ADR (MYTE), translating to a mean rating of 3.00. Of 5 analyst(s) looking at the stock, 0 analyst(s) give MYTE a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 4 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.06.
MYT Netherlands Parent BV ADR (NYSE:MYTE) trade information
After registering a 11.52% upside in the last session, MYT Netherlands Parent BV ADR (MYTE) has traded red over the past five days. The 5-day price performance for the stock is 27.93%, and 23.23% over 30 days. With these gigs, the year-to-date price performance is 32.25%. Short interest in MYT Netherlands Parent BV ADR (NYSE:MYTE) saw shorts transact 0.37 million shares and set a 0.45 days time to cover.
The extremes give us $3.75 and $25 for target low and target high price respectively. As such, MYTE has been trading -166.24% off suggested target high and 60.06% from its likely low.
MYT Netherlands Parent BV ADR (MYTE) estimates and forecasts
Looking at statistics comparing MYT Netherlands Parent BV ADR share performance against respective industry, we note that the company has outperformed competitors. MYT Netherlands Parent BV ADR (MYTE) shares are 129.02% up over the last 6 months, with its year-to-date growth rate higher than industry average at 160.00% against 11.60%. The rating firms project that company’s revenue will grow 9.13% compared to the previous financial year.
Revenue forecast for the current quarter as set by 3 analysts is 217.77M. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 249.4M.Earnings reports from the last fiscal year show that sales brought in 197.03M and 233.9M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 10.53% before jumping 6.63% in the following quarter.
MYTE Dividends
MYT Netherlands Parent BV ADR has its next earnings report out in February. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The next major institution holding the largest number of shares is PORTOLAN CAPITAL MANAGEMENT, LLC with 1.38 million shares, or about 1.5931% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $7.05 million.
We also have Fidelity Strategic Advisers Fidelity U.S. Total Stock Fund and Trust for Professional Managers-ActivePassive International Equity ETF as the top two Mutual Funds with the largest holdings of the MYT Netherlands Parent BV ADR (MYTE) shares. Going by data provided on Nov 30, 2024 , Fidelity Strategic Advisers Fidelity U.S. Total Stock Fund holds roughly 1.63 shares. This is just over 1.91% of the total shares, with a market valuation of $15.3 million. Data from the same date shows that the other fund manager holds a little less at 95.49, or 0.11% of the shares, all valued at about 0.9 million.
