Shares of Lavoro Limited (NASDAQ:LVRO - Get Free Report) shot up 19.3% during mid-day trading on Monday . The company traded as high as $4.34 and last traded at $5.14. 4,518 shares changed hands during trading, a decline of 36% from the average session volume of 7,083 shares. The stock had previously closed at $4.31.
A number of analysts recently commented on the company. Oppenheimer decreased their price target on Lavoro from $9.00 to $7.00 and set an "outperform" rating for the company in a research report on Monday, October 21st. Canaccord Genuity Group dropped their target price on Lavoro from $6.25 to $5.50 and set a "buy" rating on the stock in a research report on Tuesday, February 4th. Finally, Barclays raised shares of Lavoro from an "equal weight" rating to an "overweight" rating and reduced their price objective for the company from $6.00 to $5.00 in a research note on Tuesday, January 21st.
Read Our Latest Research Report on LVRO
The company has a current ratio of 0.98, a quick ratio of 0.70 and a debt-to-equity ratio of 0.11. The firm has a 50 day moving average of $4.51 and a two-hundred day moving average of $4.59. The company has a market cap of $535.24 million, a PE ratio of -2.82 and a beta of 0.32.
Lavoro (NASDAQ:LVRO - Get Free Report) last released its quarterly earnings data on Monday, February 3rd. The company reported ($0.39) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.38). Lavoro had a negative net margin of 8.16% and a negative return on equity of 38.92%. Research analysts predict that Lavoro Limited will post -1.84 earnings per share for the current fiscal year.
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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