Lavoro (LVRO)

• Market cap: $599M
• 1 day: 8.44%
• 5 days: 10.06%
• 1 month: 7.76%
• 3 months: 22.67%
• 6 months: -6.20%
• Year to date: -39.67%
• 1 year: -41.52%
• 5 years: -45.89%
• 10 years: -45.89%

About: Lavoro Ltd operates in the agricultural inputs retail market, with operations spread across Brazil and Colombia, and an emergent agricultural input trading company in Uruguay. The reportable segments of the company include the Brazil Ag Retail, which comprises companies dedicated to the distribution of agricultural inputs such as crop protection, seeds, fertilizers and specialty products, in Brazil; Latam Ag Retail, which includes companies dedicated to the distribution of agricultural inputs outside Brazil (predominantly in Colombia); and the Crop Care. A substantial part of the company's overall revenue is generated from its Brazil Ag Retail segment.

Employees: 3,767

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

13% more funds holding

Funds holding: 8 [Q2] → 9 (+1) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]

0.63% less ownership

Funds ownership: 3.75% [Q2] → 3.12% (-0.63%) [Q3]

41% less capital invested

Capital invested by funds: $45.4M [Q2] → $26.8M (-$18.7M) [Q3]

67% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 3

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $7 36% upside
• Avg. target: $7 36% upside
• High target: $7 36% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Oppenheimer Kristen Owen 42% 1-year accuracy 13 / 31 met price target

36% upside $7

Outperform Maintained

21 Oct 2024