Lanvin Group Holdings Limited (NYSE: LANV) Could Post Excellent Profits?

In the last trading session, 60276.0 shares of the Lanvin Group Holdings Limited (NYSE:LANV) were traded, and its beta was -0.21. Most recently the company’s share price was $1.99, and it changed around $0.21 or 11.80% from the last close, which brings the market valuation of the company to $288.59M. LANV currently trades at a discount to its 52-week high of $3.78, offering almost -89.95% off that amount. The share price’s 52-week low was $0.91, which indicates that the current value has risen by an impressive 54.27% since then. We note from Lanvin Group Holdings Limited’s average daily trading volume that its 10-day average is 72640.0 shares, with the 3-month average coming to 81.15K.

Lanvin Group Holdings Limited stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended LANV as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Lanvin Group Holdings Limited is expected to report earnings per share of 0 for the current quarter.

Lanvin Group Holdings Limited (NYSE:LANV) trade information

Instantly LANV has showed a green trend with a performance of 11.80% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.0400 on recent trading dayincreased the stock’s daily price by 2.45%. The company’s shares are currently down -1.00% year-to-date, but still up 8.15% over the last five days. On the other hand, Lanvin Group Holdings Limited (NYSE:LANV) is -8.29% down in the 30-day period. We can see from the shorts that 28006.0 shares have been sold at a short interest cover period of 0.21 day(s).

The consensus price target as assigned by Wall Street analysts is $6.5, which translates to bulls needing to increase their stock price by 69.38% from its current value. Analyst projections state that LANV is forecast to be at a low of $6.5 and a high of $6.5.

Lanvin Group Holdings Limited (LANV) estimates and forecasts

The year-over-year growth rate is expected to be -12.04%, down from the previous year.

LANV Dividends

Lanvin Group Holdings Limited’s next quarterly earnings report is expected to be released in February.

Lanvin Group Holdings Limited (NYSE:LANV)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 68.55% of Lanvin Group Holdings Limited shares, and 21.55% of them are in the hands of institutional investors. The stock currently has a share float of 68.52%.

The former held 11.78 shares worth $23434.0, making up 0.01% of all outstanding shares.