Lavoro Limited (NASDAQ:LVRO - Get Free Report)'s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $4.79, but opened at $4.55. Lavoro shares last traded at $4.20, with a volume of 2,325 shares.
Analyst Ratings Changes
A number of equities analysts recently commented on LVRO shares. Canaccord Genuity Group lowered their price target on shares of Lavoro from $6.25 to $5.50 and set a "buy" rating on the stock in a research report on Tuesday, February 4th. Barclays raised shares of Lavoro from an "equal weight" rating to an "overweight" rating and decreased their target price for the company from $6.00 to $5.00 in a report on Tuesday, January 21st.
Check Out Our Latest Stock Analysis on Lavoro
Lavoro Trading Up 0.4 %
The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.66 and a current ratio of 0.95. The stock has a market capitalization of $532.90 million, a P/E ratio of -2.80 and a beta of 0.32. The firm's fifty day simple moving average is $4.41 and its 200 day simple moving average is $4.52.
Lavoro (NASDAQ:LVRO - Get Free Report) last released its 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, equities research analysts forecast that Lavoro Limited will post -1.84 EPS for the current fiscal year.
Institutional Investors Weigh In On Lavoro
A hedge fund recently bought a new stake in Lavoro stock. Citadel Advisors LLC purchased a new stake in Lavoro Limited (NASDAQ:LVRO - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 10,069 shares of the company's stock, valued at approximately $48,000. 2.47% of the stock is currently owned by institutional investors.
About Lavoro
(
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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