Lulus Fashion Lounge Holdings Inc (NASDAQ:LVLU)’s traded shares stood at 0.12 million during the last session, with the company’s beta value hitting 0.32. At the close of trading, the stock’s price was $0.45, to imply a decrease of -15.27% or -$0.08 in intraday trading. The LVLU share’s 52-week high remains $1.99, putting it -342.22% down since that peak but still an impressive 8.89% since price per share fell to its 52-week low of $0.41. The company has a valuation of $18.91M, with an average of 0.13 million shares in intraday trading volume over the past 10 days and average of 34.09K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Lulus Fashion Lounge Holdings Inc (LVLU), translating to a mean rating of 3.00. Of 2 analyst(s) looking at the stock, 0 analyst(s) give LVLU a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 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 -0.19.
Lulus Fashion Lounge Holdings Inc (NASDAQ:LVLU) trade information
After registering a -15.27% downside in the last session, Lulus Fashion Lounge Holdings Inc (LVLU) has traded red over the past five days. The 5-day price performance for the stock is 4.65%, and -46.43% over 30 days. With these gigs, the year-to-date price performance is -60.18%. Short interest in Lulus Fashion Lounge Holdings Inc (NASDAQ:LVLU) saw shorts transact 0.11 million shares and set a 4.75 days time to cover.
The extremes give us $2 and $2 for target low and target high price respectively. As such, LVLU has been trading -344.44% off suggested target high and -344.44% from its likely low.
Lulus Fashion Lounge Holdings Inc (LVLU) estimates and forecasts
The rating firms project that company’s revenue will shrink -10.36% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 68.65M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 74.9M.Earnings reports from the last fiscal year show that sales brought in 74.96M and 77.26M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -8.42% before dropping -3.05% in the following quarter.
LVLU Dividends
Lulus Fashion Lounge Holdings Inc has its next earnings report out on 2024-Nov-12. 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.
Lulus Fashion Lounge Holdings Inc (NASDAQ:LVLU)’s Major holders
Lulus Fashion Lounge Holdings Inc insiders hold 7.74% of total outstanding shares, with institutional holders owning 80.75% of the shares at 87.53% float percentage. In total, 80.75% institutions holds shares in the company, led by CANADA PENSION PLAN INVESTMENT BOARD. As of 2024-06-30, the company held over 7.5 million shares (or 19.0112% of shares), all amounting to roughly $13.88 million.
The next major institution holding the largest number of shares is INSTITUTIONAL VENTURE MANAGEMENT XV, LLC with 3.77 million shares, or about 9.5654% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $6.98 million.
We also have Columbia Small Cap Value Fund I and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Lulus Fashion Lounge Holdings Inc (LVLU) shares. Going by data provided on Oct 31, 2024 , Columbia Small Cap Value Fund I holds roughly 953.33 shares. This is just over 2.27% of the total shares, with a market valuation of $0.43 million. Data from the same date shows that the other fund manager holds a little less at 632.29, or 1.50% of the shares, all valued at about 0.28 million.
