Mytheresa downgraded by JP Morgan with a new price target
$MYTE
Catalog/Specialty Distribution
Consumer Discretionary
JP Morgan downgraded Mytheresa from Overweight to Neutral and set a new price target of $7.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/14/2023 | $19.00 → $4.00 | Buy → Hold | Jefferies |
| 4/20/2023 | $7.00 | Buy → Hold | Societe Generale |
| 4/19/2023 | $7.00 | Overweight → Neutral | JP Morgan |
| 3/16/2023 | $13.00 → $7.00 | Outperform → Market Perform | TD Cowen |
| 4/12/2022 | $14.00 | Overweight → Equal-Weight | Morgan Stanley |
| 3/24/2022 | $30.00 → $19.00 | Neutral → Buy | UBS |
| 2/17/2022 | $35.00 → $27.00 | Outperform | Credit Suisse |
| 1/18/2022 | $25.00 | Hold → Buy | Societe Generale |
Jefferies downgraded Mytheresa from Buy to Hold and set a new price target of $4.00 from $19.00 previously
Societe Generale downgraded Mytheresa from Buy to Hold and set a new price target of $7.00
JP Morgan downgraded Mytheresa from Overweight to Neutral and set a new price target of $7.00
6-K - MYT Netherlands Parent B.V. (0001831907) (Filer)
6-K - MYT Netherlands Parent B.V. (0001831907) (Filer)
6-K/A - MYT Netherlands Parent B.V. (0001831907) (Filer)
Double-digit Net Sales growth with +13.4% in Q2 FY25 vs. Q2 FY24 Continuous US expansion with +17.6% Net Sales growth in Q2 FY25 Strong GMV per Top Customer growth with +13.6% in Q2 FY25 Outstanding Average Order Value increasing by +9.5% to €736 LTM in Q2 FY25 Gross Profit Margin increase of 110bps to 50.9% in Q2 FY25 Strong profitability with adjusted EBITDA margin of 7.3% in Q2 FY25 Inventory decrease of -1.3% in Q2 FY25 vs. Q2 FY24 MYT Netherlands Parent B.V. (NYSE:MYTE) ("Mytheresa" or the "Company"), today announced financial results for its second quarter fiscal year 2025 ended December 31, 2024. The luxury multi-brand digital platform reported continued strong
MYT Netherlands Parent B.V. (NYSE:MYTE) ("Mytheresa" or the "Company") prepares to rename the Company "LuxExperience B.V." as part of its planned acquisition of YOOX NET-A-PORTER ("YNAP"). As a newly combined group, LuxExperience will be home to some of the most distinguished store brands in digital luxury with strong identities and unique characteristics, offering highly curated and strongly differentiated edits of the most prestigious luxury brands for luxury shoppers worldwide. The renaming reflects the Company´s ambition to build a leading global multi-brand digital luxury group that creates communities for true luxury enthusiasts and desirability through unique digital and physical exp
MYT Netherlands Parent B.V. (NYSE:MYTE) ("Mytheresa") today announced the date for the release of its second quarter fiscal year 2025 ended December 31, 2024 financial results. Second Quarter Fiscal Year 2025 Earnings Call and Webcast Mytheresa will release second quarter fiscal year 2025 financial results before the U.S. market open on February 11, 2025. A conference call to discuss its results will follow at 8:00am Eastern Time that same day. Those wishing to participate via webcast should access the call through Mytheresa's Investor Relations website at https://investors.mytheresa.com. Those wishing to participate via the telephone may dial in at +1 (800) 715-9871 (USA). The partic
Double-digit Net Sales growth with +13.4% in Q2 FY25 vs. Q2 FY24 Continuous US expansion with +17.6% Net Sales growth in Q2 FY25 Strong GMV per Top Customer growth with +13.6% in Q2 FY25 Outstanding Average Order Value increasing by +9.5% to €736 LTM in Q2 FY25 Gross Profit Margin increase of 110bps to 50.9% in Q2 FY25 Strong profitability with adjusted EBITDA margin of 7.3% in Q2 FY25 Inventory decrease of -1.3% in Q2 FY25 vs. Q2 FY24 MYT Netherlands Parent B.V. (NYSE:MYTE) ("Mytheresa" or the "Company"), today announced financial results for its second quarter fiscal year 2025 ended December 31, 2024. The luxury multi-brand digital platform reported continued strong
MYT Netherlands Parent B.V. (NYSE:MYTE) ("Mytheresa") today announced the date for the release of its second quarter fiscal year 2025 ended December 31, 2024 financial results. Second Quarter Fiscal Year 2025 Earnings Call and Webcast Mytheresa will release second quarter fiscal year 2025 financial results before the U.S. market open on February 11, 2025. A conference call to discuss its results will follow at 8:00am Eastern Time that same day. Those wishing to participate via webcast should access the call through Mytheresa's Investor Relations website at https://investors.mytheresa.com. Those wishing to participate via the telephone may dial in at +1 (800) 715-9871 (USA). The partic
Strong Net Sales Growth in Q1 FY25 of 8% compared to Q1 FY24 Significant increase of Average Order Value (AOV) by 9% to a new record of €720 LTM in Q1 FY25 Double-digit US Market Growth with +14% in Q1 FY25 vs. Q1 FY24 and Net Sales share of the US further expanding to 20% Exceptional Customer Economics with strong increase in average GMV per top customers by +16.7% in Q1 FY25 Gross Margin Improvement of 150bps to 43.9% in Q1 FY25 as compared to Q1 FY24 Improved Profitability by 200bps at adjusted EBITDA margin level of 1.4% in Q1 FY25 as compared to -0.6% in the prior year period Transformational opportunity with the announced acquisition of YOOX NET-A-PORTER ("YNAP") to