Lavoro Limited (NASDAQ:LVRO - Get Free Report)'s share price gapped down prior to trading on Thursday . The stock had previously closed at $4.99, but opened at $4.49. Lavoro shares last traded at $4.80, with a volume of 1,452 shares.
Wall Street Analyst Weigh In
LVRO has been the topic of a number of research reports. Barclays upgraded shares of Lavoro from an "equal weight" rating to an "overweight" rating and reduced their target price for the stock from $6.00 to $5.00 in a report on Tuesday, January 21st. Canaccord Genuity Group reduced their target price on shares of Lavoro from $6.25 to $5.50 and set a "buy" rating on the stock in a report on Tuesday, February 4th.
Check Out Our Latest Stock Analysis on Lavoro
Lavoro Price Performance
The company has a market capitalization of $538.73 million, a P/E ratio of -2.83 and a beta of 0.32. The firm's fifty day moving average is $4.46 and its 200 day moving average is $4.54. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.66 and a current ratio of 0.95.
Lavoro (NASDAQ:LVRO - Get Free Report) last issued its quarterly earnings results on Monday, February 3rd. The company reported ($0.39) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.38). Lavoro had a negative net margin of 10.39% and a negative return on equity of 57.56%. As a group, analysts predict that Lavoro Limited will post -1.84 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Lavoro
An institutional investor recently bought a new position in Lavoro stock. Citadel Advisors LLC acquired a new stake in Lavoro Limited (NASDAQ:LVRO - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 10,069 shares of the company's stock, valued at approximately $48,000. Institutional investors and hedge funds own 2.47% of the company's stock.
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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