With 0.1 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.23 million shares. During the session, the Luxury Goods company that operates in wider Consumer Cyclical sector, reached to the highest price of $7.87 whereas the lowest price it dropped to was $7.5. The 52-week range on MYTE shows that it touched its highest point at $12.50 and its lowest point at $3.22 during that stretch. It currently has a 1-year price target of $10.88. Beta for the stock currently stands at 1.02.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MYTE was down-trending over the past week, with a drop of -1.91%, but this was down by -4.11% over a month. Three-month performance dropped to -8.55% while six-month performance rose 5.34%. The stock gained 109.81% in the past year, while it has gained 8.45% so far this year. A look at the trailing 12-month EPS for MYTE yields -0.44 with Next year EPS estimates of 0.36. For the next quarter, that number is 0.02. This implies an EPS growth rate of 169.44% for this year and 36.32% for next year.
Float and Shares Shorts:
On 2025-03-31, short shares totaled 0.4 million, which was 46.0 higher than short shares on 1740700800. In addition to Mr. Michael Kliger as the firm’s CEO & Chairman of Management Board, Dr. Martin Beer serves as its CFO & Member of Management Board.
Institutional Ownership:
Through their ownership of 0.21344 of MYTE’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-12-31, MYTE reported revenue of $222985000.0 and operating income of -$2844000.0. The EBITDA in the recently reported quarter was $1386000.0 and diluted EPS was -$0.05.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MYTE since 5 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With MYTE analysts setting a high price target of 15.305426 and a low target of 4.4454556, the average target price over the next 12 months is 11.165282. Based on these targets, MYTE could surge 98.77% to reach the target high and fall by -42.27% to reach the target low. Reaching the average price target will result in a growth of 45.0% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.10912 being high and $0.10142 being low. For MYTE, this leads to a yearly average estimate of $0.1048. Based on analyst estimates, the high estimate for the next quarter is $0.14 and the low estimate is $0.08. The average estimate for the next quarter is thus $0.11.
