Lavoro (NASDAQ:LVRO – Get Free Report) released its quarterly earnings data on Monday. The company reported ($0.39) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.38), Zacks reports. Lavoro had a negative net margin of 8.16% and a negative return on equity of 38.92%.
Lavoro Stock Performance
NASDAQ:LVRO opened at $4.93 on Monday. Lavoro has a one year low of $3.06 and a one year high of $8.25. The business’s 50-day simple moving average is $4.55 and its 200 day simple moving average is $4.62. The company has a current ratio of 0.98, a quick ratio of 0.70 and a debt-to-equity ratio of 0.11.
Analyst Ratings Changes
Several equities research analysts recently commented on the company. Oppenheimer dropped their target price on Lavoro from $9.00 to $7.00 and set an “outperform” rating on the stock in a report on Monday, October 21st. Barclays upgraded shares of Lavoro from an “equal weight” rating to an “overweight” rating and dropped their price objective for the company from $6.00 to $5.00 in a research note on Tuesday, January 21st.
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.
Featured Stories
- Five stocks we like better than Lavoro
- Election Stocks: How Elections Affect the Stock Market
- 3 Underrated Robotics Stocks Poised for Major Growth
- 10 Best Airline Stocks to Buy
- Reshoring Riches: Investing in Made in America 2.0
- Health Care Stocks Explained: Why You Might Want to Invest
- 3 REITs to Watch as Interest Rates Keep Falling
Receive News & Ratings for Lavoro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lavoro and related companies with MarketBeat.com's FREE daily email newsletter.
