Lavoro Limited (NASDAQ:LVRO – Get Free Report)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $5.23, but opened at $5.39. Lavoro shares last traded at $5.39, with a volume of 179 shares traded.
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on LVRO. Barclays lowered their target price on shares of Lavoro from $7.00 to $6.00 and set an “equal weight” rating on the stock in a report on Tuesday, June 4th. Oppenheimer lowered their price objective on Lavoro from $11.00 to $9.00 and set an “outperform” rating for the company in a research note on Tuesday, June 4th.
Read Our Latest Stock Report on LVRO
Lavoro Stock Performance
Lavoro (NASDAQ:LVRO – Get Free Report) last issued its quarterly earnings data on Monday, June 3rd. The company reported ($0.52) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.56). Lavoro had a negative return on equity of 19.64% and a negative net margin of 5.10%. The firm had revenue of $514.23 million during the quarter, compared to the consensus estimate of $643.60 million. Equities analysts forecast that Lavoro Limited will post -1.08 EPS for the current fiscal year.
About Lavoro
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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