Lulus Fashion Lounge Holdings Inc (LVLU) stock expected to gain 277.36% in the coming months

At the time of writing, Lulus Fashion Lounge Holdings Inc [LVLU] stock is trading at $0.53, up 23.48%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The LVLU shares have gain 15.56% over the last week, with a monthly amount drifted -36.83%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Lulus Fashion Lounge Holdings Inc [NASDAQ: LVLU] stock has seen the most recent analyst activity on August 02, 2024, when Telsey Advisory Group reiterated its Market Perform rating and also revised its price target to $2 from $3. Previously, Robert W. Baird downgraded its rating to Neutral on August 09, 2023, and dropped its price target to $3. On July 26, 2023, downgrade downgraded it’s rating to Market Perform and revised its price target to $3 on the stock. Goldman downgraded its rating to a Neutral and decreased its price target to $2.40 on July 26, 2023. Jefferies downgraded its rating to a Hold and reduced its price target to $3 on February 15, 2023. BTIG Research started tracking with a Buy rating for this stock on February 07, 2023, and assigned it a price target of $5. In a note dated January 30, 2023, KeyBanc Capital Markets downgraded an Sector Weight rating on this stock.

For the past year, the stock price of Lulus Fashion Lounge Holdings Inc fluctuated between $0.41 and $1.99. Currently, Wall Street analysts expect the stock to reach $2 within the next 12 months. Lulus Fashion Lounge Holdings Inc [NASDAQ: LVLU] shares were valued at $0.53 at the most recent close of the market. An investor can expect a potential return of 277.36% based on the average LVLU price forecast.

Analyzing the LVLU fundamentals

According to Lulus Fashion Lounge Holdings Inc [NASDAQ:LVLU], the company’s sales were 324.70M for trailing twelve months, which represents an -3.13% plunge. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at -0.08%, Pretax Profit Margin comes in at -0.08%, and Net Profit Margin reading is -0.09%. To continue investigating profitability, this company’s Return on Assets is posted at -0.2, Equity is -0.58 and Total Capital is -0.38. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.88.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.4141 points at the first support level, and at 0.2972 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.6490, and for the 2nd resistance point, it is at 0.7670.

Ratios To Look Out For

It is important to note that Lulus Fashion Lounge Holdings Inc [NASDAQ:LVLU] has a current ratio of 0.75. Further, the Quick Ratio stands at 0.25, while the Cash Ratio is 0.07. Considering the valuation of this stock, the price to sales ratio is 0.07, the price to book ratio is 0.51.

Transactions by insiders

Recent insider trading involved Smith Tiffany Rose, Chief Financial Officer, that happened on Dec 04 ’24 when 200.0 shares were sold. Chief Financial Officer, Smith Tiffany Rose completed a deal on Dec 05 ’24 to sell 47.0 shares. Meanwhile, Chief Financial Officer Smith Tiffany Rose sold 300.0 shares on Dec 03 ’24.

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