Lulu’s Fashion Lounge (LVLU) Scheduled to Post Quarterly Earnings on Tuesday

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Lulu’s Fashion Lounge (NASDAQ:LVLU – Get Rating) will announce its earnings results after the market closes on Tuesday, 17 May. Analysts expect the company to announce earnings of $0.04 per share for the quarter. Investors interested in participating in the company’s conference calls can do so using this link.

Lulu’s Fashion Lounge shares opened at $9.56 on Tuesday. The company has a quick ratio of 0.62, a current ratio of 1.14 and a debt-to-equity ratio of 0.56. Lulu’s Fashion Lounge has a one-year low of $5.10 and a one-year high of $15.09. The stock’s fifty-day moving average is $8.19.

A number of hedge funds have recently made changes to their positions in LVLU. Citigroup Inc. purchased a new stake in Lulu’s Fashion Lounge in the fourth quarter for $26,000. The California State Teacher Retirement System purchased a new stake in Lulu’s Fashion Lounge during the fourth quarter for $33,000. Deutsche Bank AG purchased a new stake in Lulu’s Fashion Lounge during the fourth quarter for $36,000. Wells Fargo & Company MN purchased a new stake in Lulu’s Fashion Lounge during the fourth quarter for $37,000. Finally, Bank of America Corp DE bought a new stake in Lulu’s Fashion Lounge during the fourth quarter for $50,000. 51.34% of the shares are currently owned by hedge funds and other institutional investors.

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LVLU has been the subject of a number of research analyst reports. Zacks Investment Research upgraded Lulu’s Fashion Lounge stock from a “hold” rating to a “buy” rating and set a price target of $8.75 for the company in a report on Tuesday, April 5. Goldman Sachs Group lowered its Lulu’s Fashion Lounge share price target from $33.00 to $15.00 and assigned a “buy” rating to the company in a report Monday, April 4. Cowen restated his “buy” rating and set a target price of $15.00 for Lulu’s Fashion Lounge stock in a report on Friday, April 1. Finally, KeyCorp lowered its Lulu’s Fashion Lounge share price target from $18.00 to $15.00 and assigned an “overweight” rating to the company in a report on Thursday, January 20. Nine investment analysts have rated the stock with a buy rating. Based on data from MarketBeat, Lulu’s Fashion Lounge currently has a consensus rating of “Buy” and a consensus target price of $15.86.

About Lulu Fashion Lounge (Get Rank)

Lulu’s Fashion Lounge Holdings, Inc. operates as an online retailer of women’s clothing, shoes and accessories. Offers dresses, tops, bottoms, bridal wear, lingerie, swimwear, footwear and accessories under the Pass brand. The company sells its products through owned media, which mainly consist of websites, mobile applications, social media platforms, email, and SMS; Accepted media; and paid media consisting of paid advertising on search engines, such as Google and Bing, as well as social media platforms consisting of Facebook and Instagram.

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