Victory Capital Management Inc. purchased a new position in Lulu’s Fashion Lounge Holdings, Inc. (NASDAQ:LVLU – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 32,856 shares of the company’s stock, valued at approximately $61,000. Victory Capital Management Inc. owned 0.08% of Lulu’s Fashion Lounge at the end of the most recent quarter.
Analyst Upgrades and Downgrades
Separately, Telsey Advisory Group reissued a “market perform” rating and set a $3.00 target price on shares of Lulu’s Fashion Lounge in a report on Thursday, May 9th.
View Our Latest Research Report on Lulu’s Fashion Lounge
Lulu’s Fashion Lounge Price Performance
Shares of LVLU stock opened at $1.80 on Thursday. The company’s fifty day simple moving average is $1.50 and its two-hundred day simple moving average is $1.85. Lulu’s Fashion Lounge Holdings, Inc. has a 1 year low of $1.05 and a 1 year high of $3.26. The stock has a market capitalization of $74.39 million, a price-to-earnings ratio of -3.60 and a beta of 0.09.
Lulu’s Fashion Lounge (NASDAQ:LVLU – Get Free Report) last issued its earnings results on Wednesday, May 8th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.08). Lulu’s Fashion Lounge had a negative net margin of 5.70% and a negative return on equity of 31.36%. The business had revenue of $77.26 million for the quarter, compared to the consensus estimate of $85.60 million. Equities research analysts anticipate that Lulu’s Fashion Lounge Holdings, Inc. will post -0.14 EPS for the current year.
Lulu’s Fashion Lounge Profile
Lulu’s Fashion Lounge Holdings, Inc operates as an online retailer of women’s apparel, footwear, and accessories. The company offers formals, casuals, dresses, tops, bottoms, wedding dresses, rompers and jumpsits, intimates and sleepwear, swimwear, shoes, and accessories under the Lulus brand.
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