Lavoro Limited (NASDAQ:LVRO – Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $5.50, but opened at $5.69. Lavoro shares last traded at $5.69, with a volume of 4,305 shares.
Analyst Upgrades and Downgrades
Separately, Oppenheimer started coverage on shares of Lavoro in a report on Thursday, April 11th. They set an “outperform” rating and a $11.00 price target on the stock.
View Our Latest Stock Analysis on LVRO
Lavoro Stock Up 3.6 %
Lavoro (NASDAQ:LVRO – Get Free Report) last issued its earnings results on Thursday, March 7th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.10). The business had revenue of $618.96 million during the quarter, compared to analyst estimates of $626.10 million. Lavoro had a negative net margin of 5.99% and a negative return on equity of 6.44%. As a group, equities research analysts predict that Lavoro Limited will post -0.35 EPS for the current fiscal year.
Lavoro Company Profile
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.
See Also
- Five stocks we like better than Lavoro
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- NXP Semiconductors Will Set a New High Soon: $300 in Sight
- Find and Profitably Trade Stocks at 52-Week Lows
- Hilton Demonstrates Asset Light is Right for Investors
- Trading Halts Explained
- Boston Scientific Bucks the Medtech Slow Down and Raises Outlook
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.