Luxottica Group SpA Company Profile (NYSE:LUX)

About Luxottica Group SpA

Luxottica Group SpA logoLuxottica 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
  • CUSIP:
Key Metrics:
  • Previous Close: $52.21
  • 50 Day Moving Average: $53.13
  • 200 Day Moving Average: $50.60
  • 52-Week Range: $44.85 - $59.58
  • Trailing P/E Ratio: 30.59
  • Foreward P/E Ratio: 25.98
  • P/E Growth: 7.62
  • Market Cap: $25.04B
  • Outstanding Shares: 479,511,000
  • Beta: 0.6
Debt:
  • Debt-to-Equity Ratio: 0.31%
  • Current Ratio: 1.37%
  • Quick Ratio: 0.98%
Additional Links:
Companies Related to Luxottica Group SpA:

Analyst Ratings

Consensus Ratings for Luxottica Group SpA (NYSE:LUX) (?)
Ratings Breakdown: 1 Sell Rating, 4 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $45.50 (12.85% downside)

Analysts' Ratings History for Luxottica Group SpA (NYSE:LUX)
Show:
DateFirmActionRatingPrice TargetDetails
1/27/2017HSBC Holdings plcUpgradeHold -> BuyView Rating Details
1/19/2017Goldman Sachs Group, Inc. (The)Reiterated RatingHoldView Rating Details
1/15/2017Barclays PLCReiterated RatingBuyView Rating Details
1/5/2017Societe GeneraleDowngradeBuy -> HoldView Rating Details
11/28/2016Credit Suisse GroupReiterated RatingBuy$50.00View Rating Details
9/29/2016Bank of America CorpReiterated RatingSell$41.00View Rating Details
9/13/2016Deutsche Bank AGUpgradeHold -> BuyView Rating Details
8/8/2016Royal Bank Of CanadaDowngradeOutperform -> Sector PerformView Rating Details
8/8/2016RBC Capital MarketsDowngradeOutperform -> Sector PerformView Rating Details
5/4/2016Raymond James Financial, Inc.UpgradeMarket Perform -> OutperformView Rating Details
2/9/2016Jefferies Group LLCUpgradeUnderperform -> HoldView Rating Details
11/25/2015William BlairReiterated RatingBuyView Rating Details
11/2/2015Morgan StanleyDowngradeOverweight -> Equal WeightView Rating Details
(Data available from 2/21/2015 forward)

Earnings

Earnings History for Luxottica Group SpA (NYSE:LUX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2015Q3$0.50$0.48ViewListenView Earnings Details
7/27/2015Q2$0.70$0.74ViewListenView Earnings Details
10/30/2014$0.47$0.48ViewN/AView Earnings Details
7/25/2014$0.67$0.68ViewN/AView Earnings Details
4/30/2014$0.46$0.45ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Luxottica Group SpA (NYSE:LUX)
Current Year EPS Consensus Estimate: $1.87 EPS
Next Year EPS Consensus Estimate: $2.01 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.48$0.48$0.48
Q2 20161$0.77$0.77$0.77
Q3 20161$0.47$0.47$0.47
Q4 20161$0.28$0.28$0.28
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Luxottica Group SpA (NYSE:LUX)
Annual Dividend:$0.73
Dividend Yield:1.40%
Dividend Growth:-1.60% (3 Year Average)
Payout Ratio:39.04% (Based on Trailing 12 Months of Earnings)
39.04% (Based on Current Year Consensus EPS Estimate)
36.32% (Based on Next Year Consensus EPS Estimate)

Dividend History for Luxottica Group SpA (NYSE:LUX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/29/2016$1.025/20/20165/24/20166/2/2016
5/11/2016Annual$0.785/20/20165/24/20165/24/2016
5/6/2015special$0.801.1%5/15/20155/19/20155/28/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Luxottica Group SpA (NYSE:LUX)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Luxottica Group SpA (NYSE:LUX)
DateHeadline
News IconIs The Sell-Side Predicting That Luxottica Group, SpA (NYSE:LUX) Will Move Higher? - Winfield Review (NYSE:LUX)
winfieldreview.com - February 17 at 1:54 PM
thestreet.com logoEssilor Says $49 Billion Luxottica Deal On Track as it Posts Solid Q4 Results (NYSE:LUX)
www.thestreet.com - February 17 at 1:54 PM
News IconSpectacle Frame and Mounting Market : Opportunities, Demand and Forecasts by 2020 (NYSE:LUX)
www.medgadget.com - February 16 at 5:59 PM
News IconAre Analysts Optimistic About Where Luxottica Group, SpA (NYSE:LUX) is Heading? - Winfield Review (NYSE:LUX)
winfieldreview.com - February 15 at 12:54 AM
sbwire.com logo2020 Eyewear Industry with Focus on Luxury Sunglass: Market Dynamics, Growth Drivers Competitive Landscape & Analysis Forecasts (NYSE:LUX)
www.sbwire.com - February 14 at 5:35 AM
News IconBuy, Sell or Hold? Analysts Weigh in on Luxottica Group SpA (NYSE:LUX) - Rockville Register (NYSE:LUX)
rockvilleregister.com - February 13 at 7:30 PM
News IconLuxottica Group S.p.A. (NYSE:LUX) from Apparel Stores – Todays Top Gains (NYSE:LUX)
twincountynews.com - February 4 at 12:07 AM
News IconInvestigation for Investors over potential Wrongdoing in Buyout of Luxottica Group SpA (ADR) (NYSE:LUX) announced - GroundReport (NYSE:LUX)
www.groundreport.com - February 3 at 7:05 PM
us.rd.yahoo.com logoHow Long Will the M&A Surge Last? (NYSE:LUX)
us.rd.yahoo.com - February 2 at 7:11 PM
streetinsider.com logoForm 425 LUXOTTICA GROUP SPA Filed by: ESSILOR INTERNATIONAL /FI - StreetInsider.com (NYSE:LUX)
www.streetinsider.com - February 2 at 5:16 AM
gurufocus.com logoWcm Investment Management Buys Accenture PLC, Luxottica Group SpA, iShares MSCI EAFE, Sells Novo Nordisk A/S ... - GuruFocus.com (NYSE:LUX)
www.gurufocus.com - February 2 at 5:16 AM
streetinsider.com logoForm 425 LUXOTTICA GROUP SPA Filed by: ESSILOR INTERNATIONAL /FI (NYSE:LUX)
www.streetinsider.com - February 1 at 7:13 PM
News IconLuxottica Group to acquire one of the largest optical franchisors in Brazil Óticas Carol (NYSE:LUX)
eprretailnews.com - February 1 at 12:13 AM
News IconTop Gainers of the Day: Luxottica Group S.p.A. (NYSE:LUX) from Apparel Stores (NYSE:LUX)
twincountynews.com - February 1 at 12:13 AM
News IconLuxottica Group acquires Óticas Carol in Brazil - Shop-Eat-Surf.com (NYSE:LUX)
www.shop-eat-surf.com - January 31 at 5:15 AM
streetinsider.com logoForm 6-K LUXOTTICA GROUP SPA For: Jan 30 - StreetInsider.com (NYSE:LUX)
www.streetinsider.com - January 31 at 5:15 AM
law360.com logoLuxottica Nabs Brazil's Oticas Carol In $117M Deal (NYSE:LUX)
www.law360.com - January 31 at 12:08 AM
us.rd.yahoo.com logo8:59 am Luxottica expands its presence in the optical franchise business with ~950 stores; will acquire 100% of ticas Carol (NYSE:LUX)
us.rd.yahoo.com - January 31 at 12:08 AM
News IconStock Dragged Lower Ahead of Market Open: Luxottica Group S.p.A. (NYSE:LUX) - Aiken Advocate (NYSE:LUX)
aikenadvocate.com - January 30 at 7:04 PM
finance.yahoo.com logo1:15 pm Luxottica reports FY16 sales (NYSE:LUX)
finance.yahoo.com - January 30 at 7:04 PM
finance.yahoo.com logoLuxottica's retail push lifts 2016 sales 1 pct (NYSE:LUX)
finance.yahoo.com - January 30 at 7:04 PM
News IconStock Under Review: Checking in on Levels for Luxottica Group SpA (LUX) - Market Point (NYSE:LUX)
mtptnews.com - January 29 at 6:43 PM
4-traders.com logoSafilo CEO says can weather potential LVMH loss (NYSE:LUX)
www.4-traders.com - January 27 at 11:17 PM
us.rd.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Luxottica Group of an Investigation Concerning the Fairness of the Sale of the Company to Essilor (NYSE:LUX)
us.rd.yahoo.com - January 27 at 11:17 PM
News IconStock Perspective: Luxottica Group, S.p.A. (NYSE:LUX) Company ... - Aiken Advocate (NYSE:LUX)
aikenadvocate.com - January 26 at 8:10 PM
live-pr.com logoNew Market Report: Luxottica Group S.p.A. - Strategy, SWOT and Corporate Finance Report (NYSE:LUX)
www.live-pr.com - January 25 at 7:49 PM
4-traders.com logoLuxottica : Del Vecchio 'top shareholder' after Luxottica-Essilor merge (NYSE:LUX)
www.4-traders.com - January 24 at 7:04 PM
News IconEarnings in Full Force, Analysts Take Aim at Luxottica Group, S.p.A. (NYSE:LUX) - Wall Street Beacon (NYSE:LUX)
wsbeacon.com - January 23 at 6:40 PM
News IconFocus Equity: Stock Strength Indicator Watch On Luxottica Group S.p.A. (NYSE:LUX) - Wall Street Beacon (NYSE:LUX)
wsbeacon.com - January 23 at 6:40 PM
finance.yahoo.com logoNorsa: Essilor-Luxottica Sad for Italy, Good for Europe (NYSE:LUX)
finance.yahoo.com - January 23 at 10:22 AM
News IconLuxottica and Essilor merge in $51 billion deal to form glasses behemoth (NYSE:LUX)
www.fashinvest.com - January 22 at 6:14 PM
News IconUpdate on Luxottica Group S.p.A. (NYSE:LUX) for the day - Twin County News (NYSE:LUX)
twincountynews.com - January 22 at 4:20 AM
us.rd.yahoo.com logo[$$] Leonardo Del Vecchio, the far-sighted dealmaker of Milan (NYSE:LUX)
us.rd.yahoo.com - January 21 at 5:14 AM
News IconEarnings According to Analysts for Luxottica Group, S.p.A. (NYSE:LUX)? - Aiken Advocate (NYSE:LUX)
aikenadvocate.com - January 20 at 1:15 AM
News IconEarnings According to Analysts for Luxottica Group, SpA (NYSE:LUX)? - Aiken Advocate (NYSE:LUX)
aikenadvocate.com - January 19 at 8:13 PM
finance.yahoo.com logoLuxottica Group (LUX) Jumps: Stock Adds 8.2% in Session (NYSE:LUX)
finance.yahoo.com - January 18 at 6:54 PM
News IconEssilor/Luxottica Merger Corners Half Of The World's Sunglasses ... - SGB Media (press release) (subscription) (blog) (NYSE:LUX)
sgbonline.com - January 17 at 6:46 PM
News IconStock Mounting Higher in Afternoon Session: Luxottica Group S.p.A. (NYSE:LUX) - Wall Street Beacon (NYSE:LUX)
wsbeacon.com - January 17 at 6:46 PM
bloomberg.com logoBillionaire Luxottica Founder Secures Legacy in Essilor Deal - Bloomberg (NYSE:LUX)
www.bloomberg.com - January 17 at 6:46 PM
fool.com logoWhy Clayton Williams Energy, Forward Pharma, and Luxottica Jumped Today (NYSE:LUX)
www.fool.com - January 17 at 6:45 PM
openpr.com logoGlobal Eyewear Market with Focus on Premium Eyewear: Size, Trends & Forecasts (2016-2021) (NYSE:LUX)
www.openpr.com - January 17 at 11:59 AM
sbwire.com logoEyewear Market Shows Promising Opportunities Due to Growing Number of Eye Disorders in Next Few Years (NYSE:LUX)
www.sbwire.com - January 17 at 11:59 AM
News IconEssilor Is Merging With Luxottica, The Ray-Ban Producer (NYSE:LUX)
stateschronicle.com - January 17 at 11:59 AM
seekingalpha.com logoEssilor International SA (ESLOY) acquires Delfin, a Luxembourg based holding company (NYSE:LUX)
seekingalpha.com - January 17 at 11:59 AM
wsj.com logo[$$] Another Big Splash by Italy's Eyewear King (NYSE:LUX)
us.rd.yahoo.com - January 17 at 11:58 AM
bloomberg.com logoBillionaire Luxottica Founder Secures Legacy in Essilor Deal (NYSE:LUX)
us.rd.yahoo.com - January 17 at 11:58 AM
wsj.com logo[$$] Another Big Splash by Italy’s Eyewear King (NYSE:LUX)
us.rd.yahoo.com - January 17 at 11:58 AM
us.rd.yahoo.com logoStocks Open Lower As Merger News Lifts Reynolds, Luxottica, Noble (NYSE:LUX)
us.rd.yahoo.com - January 17 at 11:58 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Luxottica Group of Commencement of an Investigation in Connection with the Fairness of the Sale of the Company to Essilor - LUX (NYSE:LUX)
finance.yahoo.com - January 17 at 11:58 AM
wsj.com logoEssilor, Luxottica to Create $49 Billion Eyewear Giant - Wall Street Journal (NYSE:LUX)
www.wsj.com - January 16 at 8:17 AM

Social

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 analysts have issued 1-year price targets for Luxottica Group SpA's shares. Their forecasts range from $41.00 to $50.00. On average, they expect Luxottica Group SpA's share price to reach $45.50 in the next twelve months.

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 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%), Comerica Bank (0.01%) and Dimensional Fund Advisors LP (0.00%).

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 purchased 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 $52.21.

Luxottica Group SpA (NYSE:LUX) Chart for Tuesday, February, 21, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Luxottica Group SpA (NYSE:LUX)

Earnings History Chart

Earnings by Quarter for Luxottica Group SpA (NYSE:LUX)

Dividend History Chart

Dividend Payments by Quarter for Luxottica Group SpA (NYSE:LUX)

Last Updated on 2/21/2017 by MarketBeat.com Staff