Shares of Lavoro Limited (NASDAQ:LVRO - Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 11,089 shares were traded during mid-day trading, an increase of 60% from the previous session's volume of 6,935 shares.The stock last traded at $4.53 and had previously closed at $4.31.
Analysts Set New Price Targets
Several research analysts have issued reports on LVRO shares. Oppenheimer dropped their price target on Lavoro from $9.00 to $7.00 and set an "outperform" rating on the stock in a report on Monday, October 21st. Canaccord Genuity Group cut their target price on shares of Lavoro from $6.25 to $5.50 and set a "buy" rating on the stock in a research note on Tuesday, February 4th. Finally, Barclays raised shares of Lavoro from an "equal weight" rating to an "overweight" rating and cut their target price for the company from $6.00 to $5.00 in a research note on Tuesday, January 21st.
Read Our Latest Analysis on Lavoro
Lavoro Stock Performance
The firm's 50 day simple moving average is $4.49 and its 200-day simple moving average is $4.58. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.70 and a current ratio of 0.98. The company has a market capitalization of $569.06 million, a price-to-earnings ratio of -2.99 and a beta of 0.32.
Lavoro (NASDAQ:LVRO - Get Free Report) last announced its earnings results on Monday, February 3rd. The company reported ($0.39) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.38). Lavoro had a negative net margin of 8.16% and a negative return on equity of 38.92%. Analysts expect that Lavoro Limited will post -1.84 EPS for the current year.
Lavoro Company Profile
(
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.
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