Lavoro Limited (NASDAQ:LVRO – Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $5.05, but opened at $4.73. Lavoro shares last traded at $4.73, with a volume of 911 shares.
Wall Street Analysts Forecast Growth
Separately, Oppenheimer reduced their target price on shares of Lavoro from $9.00 to $7.00 and set an “outperform” rating on the stock in a research report on Monday, October 21st.
Read Our Latest Report on LVRO
Lavoro Price Performance
Lavoro (NASDAQ:LVRO – Get Free Report) last posted its earnings results on Thursday, October 31st. The company reported ($0.68) earnings per share (EPS) for the quarter. Lavoro had a negative net margin of 8.16% and a negative return on equity of 38.92%. The business had revenue of $271.10 million during the quarter. As a group, sell-side analysts expect that Lavoro Limited will post -1.32 earnings per share 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.
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