How to Buy Luxexperience Bv Stock
Luxexperience Bv
MYT Netherlands Parent B. V. operates as a luxury e-commerce platform for the fashion consumers worldwide.
Luxexperience Bv stock last closed at $8.15, down 2.51% from the previous day, and has increased 8.81% in one year. It has underperformed other stocks in the Luxury Goods industry by 0.33 percentage points. Luxexperience Bv stock is currently +31.88% from its 52-week low of $6.18, and -34.8% from its 52-week high of $12.50.
At the moment, there are 139.7M LUXE shares outstanding. The market cap of LUXE is $1.14B. In the last 24 hours, 289,000 LUXE shares were traded.
How to Buy Luxexperience Bv Stock
Wondering how to invest in Luxexperience Bv stock? Here's how.
- Decide where to buy Luxexperience Bv stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you figure out where to buy Luxexperience Bv stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Select your method of payment and add your details.
- Evaluate Luxexperience Bv stock: The Luxexperience Bv ticker symbol is LUXE. Is Luxexperience Bv stock a good investment? Should you buy shares of LUXE? How do LUXE's underlying business fundamentals look? Do top analysts think Luxexperience Bv is a good buy? Why has LUXE's stock price moved recently? (Hint: Our stock research website can help you understand if LUXE is a good stock to buy).
- Execute your LUXE purchase: Decide if you will purchase LUXE shares at the current market price or use a limit order to purchase LUXE stock at a given price.
- Track your LUXE investment: Create a watchlist to important updates regarding your position in Luxexperience Bv stock.
Step 1: Decide where to buy Luxexperience Bv stock
You need a brokerage account to access the NYSE market and buy LUXE shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal info so you can buy LUXE stock today.
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Step 3: Deposit money your investment account
Now that you've created your account on one of the most highly reviewed stock market apps, you need to deposit funds:
Check out the walkthrough below if you need help depositing funds into your new brokerage account.
Step 4: Evaluate Luxexperience Bv stock
Once you have figured out the best place to buy Luxexperience Bv stock, it's crucial to analyze their stock prior to buying, so you actually understand the risk and opportunity.
Overview of key LUXE info
Luxexperience Bv Fundamentals
WallStreetZen was built to help average investors do better fundamental analysis quickly.
You can view all of the due diligence checks on LUXE's stock page.
How is LUXE stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge LUXE's fair value.
Using relative valuations measures:
- LUXE may be undervalued based on its P/E ratio of 1.3x, relative to Luxury Goods industry P/E ratio of 67.5x
- LUXE may be undervalued based on its P/B ratio of 0.78x, relative to Luxury Goods industry P/B ratio of 13.04x
- LUXE may be undervalued based on its PEG ratio of 0.02x
You can do more valuation research on LUXE's stock here.
LUXE Financial Health Overview
Positive Health Checks:
- LUXE profit margin has gone up from -4.2% to 30.3% in the past year.
- There are more short-term assets than long-term liabilities on the LUXE balance sheet.
- There are more short-term assets than short-term liabilities on the LUXE balance sheet.
- LUXE has $530.04M in cash and short term investments. This is enough to cover its annual cash burn of $178.87M.
- LUXE has cash burn of 178867816. It has enough cash and short-term investments to cover this for at least one year.
Negative Health Checks:
- LUXE has a relatively high debt to equity ratio of 0.68.
Is it a good time to buy Luxexperience Bv stock, according to analysts?
Out of 1 Equities analysts who give ratings on LUXE, the consensus analyst rating on Luxexperience Bv is a Hold
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Luxexperience Bv stock forecast page.
LUXE Momentum
LUXE Performance Metrics
Last year, LUXE earnings were $568.94M. Over the past five year, LUXE's earnings have grown by 79.53% per year. This was faster than the Luxury Goods industry average of -13.14%.
Last year, LUXE revenue was $1.88B. During the past 5 year, LUXE's revenue has grown by 27.64% per year. This was faster than the Luxury Goods industry average of 8.43%.
You can analyze LUXE's earnings and revenue performance here.
Who is buying/selling LUXE?
In the past year, insiders at LUXE have not bought or sold any shares.
Get more info about who owns LUXE shares here.
Does LUXE stock generate passive income?
No, Luxexperience Bv doesn't provide an income stream by paying out dividends.
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Step 5: Execute your LUXE purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly fine for most investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount limit, place a limit order.
Press the Open button and your broker will execute your order.
If you require more help buying stocks on eToro, click the helpful video below:
Step 6: Track your LUXE investment
Now that you own some LUXE stock, you'll want to keep up with your new shares.
Make a watchlist to keep track of your LUXE stock.
LUXE Feed
How to Buy Stock in Luxexperience Bv
To summarize, here are the 6 steps for buying Luxexperience Bv stock:
- Decide where to buy Luxexperience Bv stock
- Sign up for a brokerage account
- Deposit money your investment account
- Evaluate Luxexperience Bv stock
- Execute your LUXE purchase
- Track your LUXE investment
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to watch your investment in Luxexperience Bv, add LUXE to your watchlist below.
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