About Luxottica Group SpA
Luxottica Group S.p.A. is a holding company. The Company is engaged in the design, manufacture and distribution of fashion, luxury, sport and performance eyewear. The Company operates through two segments: manufacturing and wholesale distribution, and retail distribution. Through its manufacturing and wholesale distribution operations, the Company is engaged in design, manufacturing, wholesale distribution and marketing of brands and designer lines of prescription frames and sunglasses, as well as of performance optics products. The Company operates its retail segment principally through its retail brands, which include LensCrafters, Sunglass Hut, Pearle Vision, ILORI, The Optical Shop of Aspen, GMO, OPSM, Laubman & Pank, Oakley O Stores and Vaults, David Clulow, and its retail licensed brands, Sears Optical and Target Optical. The Company's wholesale distribution network covers over 150 countries across five continents and has approximately 50 commercial subsidiaries.
Industry, Sector and Symbol:
- Sector: Medical
- Industry: Apparel Stores
- Sub-Industry: N/A
- Exchange: NYSE
- Symbol: LUX
- Previous Close: $52.40
- 50 Day Moving Average: $53.10
- 200 Day Moving Average: $50.74
- 52-Week Range: $44.85 - $58.26
- Trailing P/E Ratio: 30.63
- Foreward P/E Ratio: 26.07
- P/E Growth: 7.55
- Market Cap: $25.13B
- Outstanding Shares: 479,511,000
- Beta: 0.6
Companies Related to Luxottica Group SpA:
- Debt-to-Equity Ratio: 0.31%
- Current Ratio: 1.37%
- Quick Ratio: 0.98%
What is Luxottica Group SpA's stock symbol?
Luxottica Group SpA trades on the New York Stock Exchange (NYSE) under the ticker symbol "LUX."
How often does Luxottica Group SpA pay dividends? What is the dividend yield for Luxottica Group SpA?
Luxottica Group SpA announced a dividend on Friday, April 29th. Shareholders of record on Tuesday, May 24th will be given a dividend of $1.019 per share on Thursday, June 2nd. The ex-dividend date of this dividend is Friday, May 20th.
Where is Luxottica Group SpA's stock going? Where will Luxottica Group SpA's stock price be in 2017?
10 equities research analysts have issued 1-year target prices for Luxottica Group SpA's stock. Their forecasts range from $41.00 to $50.00. On average, they anticipate Luxottica Group SpA's stock price to reach $45.50 in the next year.
What are analysts saying about Luxottica Group SpA stock?
Here are some recent quotes from research analysts about Luxottica Group SpA stock:
According to Zacks Investment Research, "Luxottica Group is the world leader in the design, manufacture and marketing of high quality eyeglass frames and sunglasses in the mid and premium priced market segments. The Company's products, which are designed and produced in four facilities based in Northern Italy, include over 1,700 styles available in a wide array of colors and sizes. The eyeglass and sunglass frames manufactured by Luxottica are sold through twelve wholly-owned distributors in the United States, Canada, Italy, France, Spain, Portugal, Sweden, Germany, the United Kingdom, Brazil, Switzerland and Mexico. " (2/2/2017)
Credit Suisse Group analysts commented, "We got further reassurance that the company should meet at least the bottom end of FY16 guidance of 2-3% org. growth, in line with consensus expectations. Therefore we believe Q4 will not see the series of earnings downgrades into the results, as we saw into Q2/Q3. Reassurance that the new initiatives will only be short-term headwinds. We believe the drag on sales of MAP in the US and the removal of third-party distributors in China will roll over in 2H17, once annualized. Additionally, we see these initiatives as positive signs that management is willing to put in place strategies to clean up distribution, leveraging its strong brand portfolio in the correct way. We believe this should put the company back on a mid- single-digit growth path, with top-line accelerating through FY17. New Ray-Ban mono-brand stores could be the answer for China. The company has lagged in China over the past decade but management’s focus on turning the region around over the past year may now be coming to fruition. The new strategy of Ray-Ban mono-brand concept stores appears to be gaining traction with comps growing double digit and plans to expand from less than 40 stores (Sept) to 70 by year-end." (11/28/2016)
Who owns Luxottica Group SpA stock?
Luxottica Group SpA's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Jarislowsky Fraser Ltd (0.03%), William Blair Investment Management LLC (0.01%), Commonwealth of Pennsylvania Public School Empls Retrmt SYS (0.01%), Baird Financial Group Inc. (0.01%), Envestnet Asset Management Inc. (0.01%) and Comerica Bank (0.01%).
Who sold Luxottica Group SpA stock? Who is selling Luxottica Group SpA stock?
Luxottica Group SpA's stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Ladenburg Thalmann Financial Services Inc., Dimensional Fund Advisors LP and Pinnacle Associates Ltd..
Who bought Luxottica Group SpA stock? Who is buying Luxottica Group SpA stock?
Luxottica Group SpA's stock was acquired by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Envestnet Asset Management Inc., Frontier Wealth Management LLC, First Republic Investment Management Inc., Guardian Capital Advisors LP, Elkfork Partners LLC, Guggenheim Capital LLC and Comerica Bank.
How do I buy Luxottica Group SpA stock?
Shares of Luxottica Group SpA can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Luxottica Group SpA stock cost?
One share of Luxottica Group SpA stock can currently be purchased for approximately $52.40.