| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/19/2024 | $8.50 | Buy | Canaccord Genuity |
| 4/11/2024 | $11.00 | Outperform | Oppenheimer |
| 12/5/2023 | $7.00 | Equal Weight | Barclays |
| 11/16/2023 | $12.00 | Buy | Stifel |
| 4/20/2023 | $13.50 | Buy | Canaccord Genuity |
Canaccord Genuity resumed coverage of Lavoro with a rating of Buy and set a new price target of $8.50
Oppenheimer initiated coverage of Lavoro with a rating of Outperform and set a new price target of $11.00
Barclays initiated coverage of Lavoro with a rating of Equal Weight and set a new price target of $7.00
Stifel initiated coverage of Lavoro with a rating of Buy and set a new price target of $12.00
Canaccord Genuity initiated coverage of Lavoro with a rating of Buy and set a new price target of $13.50
FY2024 revenue of US$1.89 billion increased 5% year-over-year (flat in BRL terms), driven by market share gains and sales volume growth mitigating deflationary input price headwinds. FY2024 gross profit decreased -19% to $268.4 million (-23% in BRL), with gross margins compressing by -430 basis points to 14.2%, primarily due to the input price deflation and a less favorable product category sales mix. The Crop Care2 segment was a standout performer for the year, with revenue rising 24% to $150.7 million for FY2024 (+18% BRL), and gross profit of $56.1 million increasing +4% y/y (decreasing -1% in BRL), despite the challenging market environment for specialty products. Net loss for FY2024
SÃO PAULO, Brazil, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Lavoro Limited (NASDAQ:LVRO, LVROW))), the first U.S.-listed agricultural inputs retailer in Latin America, will issue its financial results for the fiscal fourth quarter 2024, after market close, on Thursday, October 31, 2024. Lavoro management will host a conference call and audio webcast the following morning at 8:30 a.m. ET (9:30 a.m. BRT) to discuss the results. Conference Call Details Title: Lavoro Fiscal Fourth Quarter 2024 Earnings Conference Call Event Date: Friday, November 1, 2024Time: 8:30 a.m. ET (9:30 a.m. BRT) Participant Numbers: 1-877-407-9716 (U.S.), 1-201-493-6779 (International) Event Link: https://ir.lavoroagro.co
SÃO PAULO, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Lavoro Limited (NASDAQ:LVRO), the first U.S.-listed pure-play agricultural inputs retailer in Latin America, today announced the establishment of a new R$310 million (approximately USD$55 million based on current exchange rates) credit facility with a three-year term, financed through a new Agribusiness Credit Rights Investment Fund (FIDC-Fiagro). The newly established Lavoro Agro Fundo de Investimentos nas Cadeias Produtivas Agroindustriais (FIDC-Fiagro), established under Brazilian agribusiness investment fund regulations with the purpose of investing in agribusiness receivables sold to Lavoro. The proceeds from this issuance will be used to
3Q24 revenue grew 6% to $514.2 million. Growth was driven by continued market share gains and volume growth, which mitigated ongoing deflation in input prices throughout Brazil and Colombia.Gross profit decreased -16% to $60.2 million. Gross margins narrowed by -310 basis points to 11.7%, primarily due to the ongoing input price deflation and a less favorable sales mix resulting from a greater proportion of low margin Grain revenue.The Crop Care segment remained a strong performer, with revenue rising 30% to $22.1 million and gross profit up 14% to $9.1 million, mainly fueled by robust growth in biological products.Net loss for 3Q24 narrowed to $64.8 million from a loss of $74.3 million in t
SÃO PAULO, Brazil, May 24, 2024 (GLOBE NEWSWIRE) -- Lavoro Limited (NASDAQ:LVRO, LVROW))), the first U.S.-listed agricultural inputs retailer in Latin America, will issue its financial results for the fiscal third quarter 2024 after market close on Monday, June 3, 2024. Lavoro management will host a conference call and audio webcast that afternoon at 6:00 p.m. ET (7:00 p.m. BRT) to discuss the results. Conference Call Details Title: Lavoro Fiscal Third Quarter 2024 Earnings Conference Call Event Date: Monday, June 3, 2024 Time: 6:00 p.m. ET (7:00 p.m. BRT) Participant Numbers: 1-877-407-9716 (U.S.), 1-201-493-6779 (International) Event Link: https://ir.lavoroagro.com/disclosure-and-docu
SÃO PAULO, Brazil, May 10, 2024 (GLOBE NEWSWIRE) -- Lavoro (NASDAQ:LVRO), the first U.S.-listed pure-play agricultural inputs distributor in Latin America, will participate in the BMO Global Farm to Market Conference in New York, NY, on May 15-16, 2024. Ruy Cunha, Chief Executive Officer, will participate on a panel titled "AgTech Disruption Across the Farming Value Chain", on Wednesday, May 15, 2024 at 2:00 pm ET. Mr. Cunha will also host a presentation on Thursday, May 16, 2024 at 8:45 am ET. Management will be available for meetings throughout both days. A link to live audio webcast of the presentation will be available to all interested parties through the Company's Investor Rela
SÃO PAULO, Brazil, March 14, 2024 (GLOBE NEWSWIRE) -- Lavoro (NASDAQ:LVRO), the first U.S.-listed pure-play agricultural inputs distributor in Latin America, will attend the World Agri-Tech Innovation Summit 2024 in San Francisco, CA, on March 19-20, 2024. Ruy Cunha, Chief Executive Officer, is slated to join a panel titled "Biologicals in Action: Getting Traction on Today's Farms", on Tuesday, March 19, 2024 at 4:30 p.m., ET. Management will also be available for meetings throughout March 19-20. About Lavoro Lavoro Limited is Brazil's largest agricultural inputs retailer and a leading producer of agriculture biological products. Lavoro's shares and warrants are listed on the Nasdaq st
Lavoro's revenue for 2Q24 reached $618.7 million*, marking a 1% increase compared to the prior year period, as volume growth led by market share gains helped to offset continued significant input price deflationary pressures in crop protection and fertilizers across various operating regions2Q24 gross profit stood at $103.0 million, reflecting a -17% decrease year-over-year, with gross margins contracting by -360 basis points to 16.7%, driven mainly by deflationary pressures affecting Ag retail distribution margins, partly mitigated by a more favorable segment mix, as Crop Care grew to represent 24% of Lavoro's gross profit in 2Q24 (up from 16% in 2Q23)Crop Care segment emerged as a highligh
SÃO PAULO, Brazil, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Lavoro Limited (NASDAQ:LVRO, LVROW))), the first U.S.-listed agricultural inputs retailer in Latin America, will issue its financial results for the fiscal second quarter 2024 after market close on Thursday, March 7, 2024. Lavoro management will host a conference call and audio webcast that afternoon at 5:00 p.m. ET (7:00 p.m. BRT) to discuss the results. Conference Call Details Title: Lavoro Fiscal Second Quarter 2024 Earnings Conference Call Event Date: Thursday, March 7, 2024 Time: 5:00 p.m. ET (7:00 p.m. BRT) Participant Numbers: 1-877-407-9716 (U.S.), 1-201-493-6779 (International)Event Link: https://ir.lavoroagro.com/disclosure-
Lavoro's revenue for FY1Q24 reached $483.1 million, an increase of +11% compared to the prior year period (+3% in constant currency terms), driven by market share gains.1Q24 gross profit was $59.5 million, a -34% decrease y/y, with gross margins contracting by -850 bps to 12.3% due primarily to the ongoing industry-wide deflationary pressures affecting crop protection and fertilizer distribution margins.Net loss was -$14.5 million, compared to net income of $15.1 million in the prior year period; adjusted net loss was -$8.9 million, compared to adjusted net income of $17.2 million in the prior year period.Adjusted EBITDA was $11.1 million, reflecting a -75% decline from the previous year, la
6-K - Lavoro Ltd (0001945711) (Filer)
6-K - Lavoro Ltd (0001945711) (Filer)
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6-K - Lavoro Ltd (0001945711) (Filer)
6-K - Lavoro Ltd (0001945711) (Filer)
EFFECT - Lavoro Ltd (0001945711) (Filer)
6-K - Lavoro Ltd (0001945711) (Filer)
6-K - Lavoro Ltd (0001945711) (Filer)
6-K - Lavoro Ltd (0001945711) (Filer)
6-K - Lavoro Ltd (0001945711) (Filer)
FY2024 revenue of US$1.89 billion increased 5% year-over-year (flat in BRL terms), driven by market share gains and sales volume growth mitigating deflationary input price headwinds. FY2024 gross profit decreased -19% to $268.4 million (-23% in BRL), with gross margins compressing by -430 basis points to 14.2%, primarily due to the input price deflation and a less favorable product category sales mix. The Crop Care2 segment was a standout performer for the year, with revenue rising 24% to $150.7 million for FY2024 (+18% BRL), and gross profit of $56.1 million increasing +4% y/y (decreasing -1% in BRL), despite the challenging market environment for specialty products. Net loss for FY2024
SÃO PAULO, Brazil, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Lavoro Limited (NASDAQ:LVRO, LVROW))), the first U.S.-listed agricultural inputs retailer in Latin America, will issue its financial results for the fiscal fourth quarter 2024, after market close, on Thursday, October 31, 2024. Lavoro management will host a conference call and audio webcast the following morning at 8:30 a.m. ET (9:30 a.m. BRT) to discuss the results. Conference Call Details Title: Lavoro Fiscal Fourth Quarter 2024 Earnings Conference Call Event Date: Friday, November 1, 2024Time: 8:30 a.m. ET (9:30 a.m. BRT) Participant Numbers: 1-877-407-9716 (U.S.), 1-201-493-6779 (International) Event Link: https://ir.lavoroagro.co
3Q24 revenue grew 6% to $514.2 million. Growth was driven by continued market share gains and volume growth, which mitigated ongoing deflation in input prices throughout Brazil and Colombia.Gross profit decreased -16% to $60.2 million. Gross margins narrowed by -310 basis points to 11.7%, primarily due to the ongoing input price deflation and a less favorable sales mix resulting from a greater proportion of low margin Grain revenue.The Crop Care segment remained a strong performer, with revenue rising 30% to $22.1 million and gross profit up 14% to $9.1 million, mainly fueled by robust growth in biological products.Net loss for 3Q24 narrowed to $64.8 million from a loss of $74.3 million in t
SÃO PAULO, Brazil, May 24, 2024 (GLOBE NEWSWIRE) -- Lavoro Limited (NASDAQ:LVRO, LVROW))), the first U.S.-listed agricultural inputs retailer in Latin America, will issue its financial results for the fiscal third quarter 2024 after market close on Monday, June 3, 2024. Lavoro management will host a conference call and audio webcast that afternoon at 6:00 p.m. ET (7:00 p.m. BRT) to discuss the results. Conference Call Details Title: Lavoro Fiscal Third Quarter 2024 Earnings Conference Call Event Date: Monday, June 3, 2024 Time: 6:00 p.m. ET (7:00 p.m. BRT) Participant Numbers: 1-877-407-9716 (U.S.), 1-201-493-6779 (International) Event Link: https://ir.lavoroagro.com/disclosure-and-docu
Lavoro's revenue for 2Q24 reached $618.7 million*, marking a 1% increase compared to the prior year period, as volume growth led by market share gains helped to offset continued significant input price deflationary pressures in crop protection and fertilizers across various operating regions2Q24 gross profit stood at $103.0 million, reflecting a -17% decrease year-over-year, with gross margins contracting by -360 basis points to 16.7%, driven mainly by deflationary pressures affecting Ag retail distribution margins, partly mitigated by a more favorable segment mix, as Crop Care grew to represent 24% of Lavoro's gross profit in 2Q24 (up from 16% in 2Q23)Crop Care segment emerged as a highligh
SÃO PAULO, Brazil, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Lavoro Limited (NASDAQ:LVRO, LVROW))), the first U.S.-listed agricultural inputs retailer in Latin America, will issue its financial results for the fiscal second quarter 2024 after market close on Thursday, March 7, 2024. Lavoro management will host a conference call and audio webcast that afternoon at 5:00 p.m. ET (7:00 p.m. BRT) to discuss the results. Conference Call Details Title: Lavoro Fiscal Second Quarter 2024 Earnings Conference Call Event Date: Thursday, March 7, 2024 Time: 5:00 p.m. ET (7:00 p.m. BRT) Participant Numbers: 1-877-407-9716 (U.S.), 1-201-493-6779 (International)Event Link: https://ir.lavoroagro.com/disclosure-
Lavoro's revenue for FY1Q24 reached $483.1 million, an increase of +11% compared to the prior year period (+3% in constant currency terms), driven by market share gains.1Q24 gross profit was $59.5 million, a -34% decrease y/y, with gross margins contracting by -850 bps to 12.3% due primarily to the ongoing industry-wide deflationary pressures affecting crop protection and fertilizer distribution margins.Net loss was -$14.5 million, compared to net income of $15.1 million in the prior year period; adjusted net loss was -$8.9 million, compared to adjusted net income of $17.2 million in the prior year period.Adjusted EBITDA was $11.1 million, reflecting a -75% decline from the previous year, la
SÃO PAULO, Brazil, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Lavoro Limited (NASDAQ:LVRO, LVROW))), the first U.S.-listed agricultural inputs retailer in Latin America, will issue its financial results for the fiscal first quarter 2024 earnings results after market close on Wednesday, January 24, 2024. Lavoro management will host a conference call and audio webcast that afternoon at 5:00 pm ET (7:00 p.m. BRT) to discuss the results. Conference Call Details Title: Lavoro Fiscal First Quarter 2024 Earnings Conference CallEvent Date: Wednesday, January 24, 2024 Time: 5:00 p.m. ET (7:00 p.m. BRT) Participant Numbers: 1-877-407-9716 (U.S.), 1-201-493-6779 (International) Event Link: http
SÃO PAULO, Brazil, Dec. 27, 2023 (GLOBE NEWSWIRE) -- Lavoro Limited (NASDAQ:LVRO), the first U.S.-listed pure-play agricultural inputs retailer in Latin America, today announced the acquisition of a controlling interest in Coram Comércio e Representações Agrícolas ("Coram"), an ag retailer based in Ituverava (State of São Paulo). This acquisition of Coram, a respected player in the agricultural inputs market since 1973, significantly strengthens Lavoro's operations in São Paulo, Minas Gerais, and Goiás, and bolsters its exposure to the sugarcane sector. Founded in 1973 by César Luiz Mendonça, the retailer boasts 10 retail locations, more than 50 employees, and serves approximately 1,
Lavoro's revenue reached $1.8 billion for the FY2023, marking a 24% increase compared to the previous year FY2023 gross profit was $332 million, up 34% y/y, with gross margins expanding 140 bps to 18.5%Lavoro successfully completed the acquisition of Referência Agroinsumos on July 31, 2023, further expanding its retail presence in the State of Rio Grando do Sul in the South of Brazil. Referência serves over 2,000 farmers, and brings an additional 25 technical sales representatives (RTVs) to the Lavoro family On June 30, 2023, Lavoro announced a partnership with Stenon, which will enable us to offer accurate real-time soil analysis to our farmer clients, helping their decision-making and
Canaccord Genuity analyst Austin Moeller assumes Lavoro (NASDAQ:LVRO) with a Buy rating and announces Price Target of $8.5.
Barclays analyst Benjamin Theurer maintains Lavoro (NASDAQ:LVRO) with a Equal-Weight and lowers the price target from $7 to $6.
Oppenheimer analyst Kristen Owen maintains Lavoro (NASDAQ:LVRO) with a Outperform and lowers the price target from $11 to $9.
Lavoro (NASDAQ:LVRO) reported quarterly losses of $(0.50) per share which missed the analyst consensus estimate of $0.02 by 2600 percent. This is a 733.33 percent decrease over losses of $(0.06) per share from the same period last year. The company reported quarterly sales of $514.20 million which missed the analyst consensus estimate of $619.07 million by 16.94 percent. This is a 5.71 percent increase over sales of $486.41 million the same period last year.
The CNN Money Fear and Greed index showed improvement in the overall market sentiment, while the index was in the “Neutral” zone on Friday. U.S. stocks settled mostly higher on Friday, with the Dow Jones index recording its best session of the year. U.S. stocks, however, recorded losses last week, with the S&P 500 falling 0.51% and the Dow Jones index declining 0.98% during the week. Despite recording losses last week, major indices notched gains in May. The Dow gained 2.3% last month, while the S&P 500 added 4.8% in May. On the economic data front, the Federal Reserve’s preferred inflation measure held steady in April, aligning with economist expectations, yet keeping investors anx
With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Science Applications International Corporation (NYSE:SAIC) to report quarterly earnings at $1.92 per share on revenue of $1.84 billion before the opening bell, according to data from Benzinga Pro. SAIC shares gained 3.4% to $139.20 in after-hours trading. Autodesk, Inc. (NASDAQ:ADSK) named board member Elizabeth Rafael as its interim CFO and posted strong preliminary results for the first quarter. The company posted preliminary earnings of $1.87 per share versus market estimates of $1.74 per share, and revenue of $1.42 billion compare
Oppenheimer analyst Kristen Owen initiates coverage on Lavoro (NASDAQ:LVRO) with a Outperform rating and announces Price Target of $11.
Gainers Energy Focus (NASDAQ:EFOI) stock rose 16.2% to $1.86 during Wednesday's after-market session. The market value of their outstanding shares is at $8.7 million. Lavoro (NASDAQ:LVRO) stock moved upwards by 4.91% to $6.4. The company's market cap stands at $746.2 million. American Rebel Holdings (NASDAQ:AREB) stock increased by 4.26% to $0.35. The market value of their outstanding shares is at $2.1 million. ShiftPixy (NASDAQ:PIXY) shares increased by 2.9% to $2.48. The market value of their outstanding shares is at $14.8 million. Gaucho Group Holdings (NASDAQ:VINO) shares rose 2.66% to $0.64. The market value of their outstanding shares is at $4.6 million. Mesa Air Gr (NASDAQ:MESA)
Gainers Babcock & Wilcox (NYSE:BW) shares rose 20.3% to $1.27 during Friday's regular session. The company's market cap stands at $114.0 million. Vertical Aerospace (NYSE:EVTL) shares moved upwards by 17.33% to $1.03. The company's market cap stands at $228.3 million. Captivision (NASDAQ:CAPT) shares increased by 11.85% to $6.32. The market value of their outstanding shares is at $183.1 million. voxeljet (NASDAQ:VJET) stock rose 11.77% to $0.65. The market value of their outstanding shares is at $5.9 million. Team (NYSE:TISI) shares increased by 11.1% to $6.96. The market value of their outstanding shares is at $30.7 million. Lavoro (NASDAQ:LVRO) shares increased by 9.99% to $6.6. The
Gainers Swvl Hldgs (NASDAQ:SWVL) stock rose 26.8% to $13.88 during Thursday's regular session. The market value of their outstanding shares is at $94.2 million. Complete Solaria (NASDAQ:CSLR) stock moved upwards by 22.41% to $0.65. The company's market cap stands at $29.4 million. Laser Photonics (NASDAQ:LASE) stock rose 20.97% to $1.86. The market value of their outstanding shares is at $15.3 million. Clean Energy Technologies (NASDAQ:CETY) stock rose 20.1% to $0.95. The company's market cap stands at $37.2 million. Exela Technologies (NASDAQ:XELA) shares rose 19.5% to $2.88. The company's market cap stands at $18.3 million. Lavoro (NASDAQ:LVRO) stock increased by 19.09% to $6.55. The