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: Optical Goods Stores
- Sub-Industry: N/A
- Symbol: NYSE:LUX
- CUSIP: N/A
- Web: www.luxottica.com/it
- 50 Day Moving Avg: $58.38
- 200 Day Moving Avg: $56.93
- 52 Week Range: $44.85 - $62.57
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 27.68
- P/E Growth: 0.00
- Annual Dividend: $0.76
- Dividend Yield: 1.6%
- Net Margins: 11.45%
- Return on Equity: 19.74%
- Return on Assets: 11.08%
- Debt-to-Equity Ratio: 0.29%
- Current Ratio: 1.37%
- Quick Ratio: 0.96%
- Average Volume: 51,762 shs.
- Beta: 0.44
Frequently Asked Questions for Luxottica Group SpA (NYSE:LUX)
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 declared a dividend on Thursday, March 2nd. Shareholders of record on Tuesday, May 23rd will be paid a dividend of $0.719 per share on Wednesday, May 31st. The ex-dividend date is Friday, May 19th. View Luxottica Group SpA's Dividend History.
How were Luxottica Group SpA's earnings last quarter?
Luxottica Group SpA (NYSE:LUX) posted its earnings results on Monday, October, 26th. The company reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.50 by $0.02. The business earned $2.40 billion during the quarter, compared to analyst estimates of $2.50 billion. Luxottica Group SpA had a return on equity of 19.74% and a net margin of 11.45%. View Luxottica Group SpA's Earnings History.
Where is Luxottica Group SpA's stock going? Where will Luxottica Group SpA's stock price be in 2017?
8 brokerages have issued 1-year price targets for Luxottica Group SpA's stock. Their forecasts range from $41.00 to $50.00. On average, they anticipate Luxottica Group SpA's share price to reach $45.50 in the next year. View Analyst Ratings for Luxottica Group SpA.
What are analysts saying about Luxottica Group SpA stock?
Here are some recent quotes from research analysts about Luxottica Group SpA stock:
- 1. 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. " (5/6/2017)
- 2. 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 are some of Luxottica Group SpA's key competitors?
Some companies that are related to Luxottica Group SpA include Johnson & Johnson (JNJ), Roche Holding (RHHBY), Novartis AG (NVS), Pfizer (PFE), UnitedHealth Group Incorporated (UNH), Merck & Company (MRK), Amgen (AMGN), Sanofi (SNY), Novo Nordisk A/S (NVO), Medtronic PLC (MDT), AbbVie (ABBV), Celgene Corporation (CELG), GlaxoSmithKline PLC (GSK), Gilead Sciences (GILD), Bristol-Myers Squibb Company (BMY), Eli Lilly and Company (LLY), Abbott Laboratories (ABT) and Allergan PLC. (AGN).
Who are Luxottica Group SpA's key executives?
Luxottica Group SpA's management team includes the folowing people:
- Leonardo Del Vecchio, Executive Chairman of the Board
- Massimo Vian, Chief Executive Officer for Product & Operations
- Luigi Francavilla, Vice Chairman of the Board
- Francesco Milleri, Vice Chairman of the Board
- Stefano Grassi, Chief Financial Officer, Financial Reporting Officer
- Stefano Russo, Internal Audit Manager
- Marina Brogi, Non-Executive Lead Independent Director
- Mario Notari, Non-Executive Director
- Luigi Feola, Non-Executive Independent Director
- Elisabetta Magistretti CPA, Non-Executive Independent Director
Who owns Luxottica Group SpA stock?
Luxottica Group SpA's stock is owned by a variety of of retail and institutional investors. Top institutional investors include WCM Investment Management CA (0.00%), Fisher Asset Management LLC (0.00%), Kornitzer Capital Management Inc. KS (0.00%), Boston Financial Mangement LLC (0.00%), Parametric Portfolio Associates LLC (0.00%) and Gofen & Glossberg LLC IL (0.00%). View Institutional Ownership Trends for Luxottica Group SpA.
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 Jarislowsky Fraser Ltd, Fisher Asset Management LLC, Douglas Lane & Associates LLC, William Blair Investment Management LLC, Sterling Capital Management LLC, Comerica Bank, World Asset Management Inc and Bessemer Group Inc.. View Insider Buying and Selling for Luxottica Group SpA.
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 WCM Investment Management CA, Boston Financial Mangement LLC, Aperio Group LLC, Wright Investors Service Inc., Summit Global Investments, Parametric Portfolio Associates LLC, Virtu KCG Holdings LLC and NGAM Advisors L.P.. View Insider Buying and Selling for Luxottica Group SpA.
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.
What is Luxottica Group SpA's stock price today?
MarketBeat Community Rating for Luxottica Group SpA (NYSE LUX)MarketBeat's community ratings are surveys of what our community members think about Luxottica Group SpA and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Luxottica Group SpA stock can currently be purchased for approximately $60.90.
Consensus Ratings for Luxottica Group SpA (NYSE:LUX) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 2 Hold Ratings, 5 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.50)|
|Consensus Price Target: ||$45.50 (25.29% downside)|
Analysts' Ratings History for Luxottica Group SpA (NYSE:LUX)
(Data available from 8/19/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|6/13/2017||Morgan Stanley||Upgrade||Equal Weight -> Overweight||Low|
|1/27/2017||HSBC Holdings plc||Upgrade||Hold -> Buy||N/A|
|1/19/2017||Goldman Sachs Group, Inc. (The)||Reiterated Rating||Hold||N/A|
|1/15/2017||Barclays PLC||Reiterated Rating||Buy||N/A|
|1/5/2017||Societe Generale||Downgrade||Buy -> Hold||N/A|
|11/28/2016||Credit Suisse Group||Reiterated Rating||Buy||$50.00||N/A|
|9/29/2016||Bank of America Corporation||Reiterated Rating||Sell||$41.00||N/A|
|9/13/2016||Deutsche Bank AG||Upgrade||Hold -> Buy||N/A|
|8/8/2016||Royal Bank Of Canada||Downgrade||Outperform -> Sector Perform||N/A|
|5/4/2016||Raymond James Financial, Inc.||Upgrade||Market Perform -> Outperform||N/A|
|2/9/2016||Jefferies Group LLC||Upgrade||Underperform -> Hold||N/A|
|11/25/2015||William Blair||Reiterated Rating||Buy||N/A|
Earnings History for Luxottica Group SpA (NYSE:LUX)Earnings History by Quarter for Luxottica Group SpA (NYSE LUX)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/26/2015||Q3||$0.50||$0.48||$2.50 billion||$2.40 billion||View||Listen|
|7/27/2015||Q2||$0.70||$0.68||$2.72 billion||$2.72 billion||View||Listen|
|10/29/2014||Q3 2014||$0.47||$0.48||$2.58 billion||$2.38 billion||View||N/A|
|7/24/2014||Q2 2014||$0.67||$0.68||$2.88 billion||$2.82 billion||View||N/A|
|4/29/2014||Q1 2014||$0.46||$0.45||$2.60 billion||$2.52 billion||View||N/A|
Earnings Estimates for Luxottica Group SpA (NYSE:LUX)
Current Year EPS Consensus Estimate: $1.98 EPS
Next Year EPS Consensus Estimate: $2.20 EPS
Current Dividend Information for Luxottica Group SpA (NYSE:LUX)
|Most Recent Dividend:||5/31/2017|
|Dividend Growth:||6.60% (3 Year Average)|
|Payout Ratio:||38.38% (Based on This Year's Estimates)|
34.55% (Based on Next Year's Estimates)
Dividend History by Quarter for Luxottica Group SpA (NYSE LUX)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Luxottica Group SpA (NYSE:LUX)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Luxottica Group SpA (NYSE:LUX)
Latest Headlines for Luxottica Group SpA (NYSE:LUX)
|Centerbridge Partners to acquire Highmark Health's Davis Vision - Reuters|
www.reuters.com - August 11 at 6:16 AM
|Centerbridge Partners to acquire Highmark Health's Davis Vision|
www.reuters.com - August 10 at 3:45 AM
|Bb&t Securities, Llc Buys iShares Core MSCI EAFE, JPMorgan ... - Nasdaq|
www.nasdaq.com - August 5 at 7:20 PM
|Luxottica Group SpA (NYSE:LUX) Given Average Rating of "Hold" by Analysts|
www.americanbankingnews.com - August 4 at 8:02 AM
|Luxottica Group's (LUX) CEO Massimo Vian on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha|
seekingalpha.com - July 25 at 11:09 PM
|Luxottica Group SpA (NYSE:LUX) Given Average Recommendation of "Hold" by Analysts|
www.americanbankingnews.com - July 10 at 7:52 AM
|Europe Looks to Own Backyard for Deals as US, Asia M&A Slips - Bloomberg|
www.bloomberg.com - July 7 at 7:10 AM
|ETFs with exposure to Luxottica Group SpA : June 13, 2017|
finance.yahoo.com - June 13 at 6:31 PM
|Luxottica Group SpA (LUX) Lifted to Weight at Morgan Stanley|
www.americanbankingnews.com - June 13 at 10:21 AM
|Luxottica Group, S.p.A. (LUX) Given Average Rating of "Hold" by Analysts|
www.americanbankingnews.com - June 13 at 7:52 AM
| Analysts Anticipate Luxottica Group SpA (LUX) Will Announce Quarterly Sales of $2.53 Billion|
www.americanbankingnews.com - June 9 at 3:20 PM
|Luxottica Group SpA : LUX-US: Dividend Analysis : May 23rd, 2017 (record date) : By the numbers : May 23, 2017|
finance.yahoo.com - May 23 at 5:55 PM
|ETFs with exposure to Luxottica Group SpA : May 22, 2017|
finance.yahoo.com - May 22 at 5:45 PM
|Luxottica Group SpA (LUX) Given Consensus Rating of "Hold" by Analysts|
www.americanbankingnews.com - May 19 at 7:50 AM
|Form 6-K LUXOTTICA GROUP SPA For: May 16 - StreetInsider.com|
www.streetinsider.com - May 17 at 9:26 AM
|Form 6-K LUXOTTICA GROUP SPA For: May 16|
www.streetinsider.com - May 16 at 11:14 PM
|Labor Force Stands in Way of Trump's 3% Growth Goal|
www.msn.com - May 15 at 5:47 PM
|Luxottica Group SpA (lux) to Issue $0.72 Dividend|
www.americanbankingnews.com - May 14 at 10:18 AM
|Luxottica Group SpA (LUX) Expected to Announce Quarterly Sales of $2.53 Billion|
www.americanbankingnews.com - May 13 at 8:42 AM
|Boston Financial Mangement Inc Buys Luxottica Group SpA, Air Products & Chemicals Inc, ... - Nasdaq|
www.nasdaq.com - May 12 at 7:01 PM
|Luxottica Group SpA (LUX) Lifted to Hold at Zacks Investment Research|
www.americanbankingnews.com - May 6 at 9:08 AM
|Luxottica Group SpA (LUX) Earning Positive News Coverage, AlphaOne Reports|
www.americanbankingnews.com - May 3 at 2:36 PM
|BRIEF-Luxottica's Del Vecchio says would be happy if company was not de-listed|
www.reuters.com - April 28 at 7:17 PM
|Luxottica Group SpA (LUX) Getting Very Favorable Press Coverage, Analysis Shows|
www.americanbankingnews.com - April 28 at 7:43 AM
|ETFs with exposure to Luxottica Group SpA : April 27, 2017|
finance.yahoo.com - April 27 at 6:56 PM
|Luxottica Group SpA (LUX) Receiving Very Favorable News Coverage, AlphaOne Reports|
www.americanbankingnews.com - April 25 at 9:39 AM
|Luxottica Group SpA (LUX) Given Average Rating of "Hold" by Analysts|
www.americanbankingnews.com - April 24 at 9:45 AM
|Jefferies Group Weighs in on Luxottica Group SpA's FY2018 Earnings (LUX)|
www.americanbankingnews.com - April 21 at 4:54 PM
|Luxottica Group SpA (LUX) Receiving Very Positive Media Coverage, Report Finds|
www.americanbankingnews.com - April 18 at 10:20 AM
|ETFs with exposure to Luxottica Group SpA : April 17, 2017|
finance.yahoo.com - April 17 at 5:40 PM
|Luxottica Group SpA :LUX-US: Earnings Analysis: For the six months ended December 31, 2016 : April 13, 2017|
finance.yahoo.com - April 13 at 6:04 PM
|Luxottica Group SpA (LUX) Receives Average Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - March 28 at 12:40 PM
|Form 6-K LUXOTTICA GROUP SPA For: Mar 24 - StreetInsider.com|
www.streetinsider.com - March 24 at 6:22 PM
|Form 6-K LUXOTTICA GROUP SPA For: Mar 24|
www.streetinsider.com - March 24 at 9:11 AM
|Many of the world’s wealthiest people are getting older — and plotting what’s next|
www.bloomberg.com - March 21 at 11:56 AM
|3 Areas Where Macy's Surprisingly Isn't Seeing Zero Shoppers|
www.thestreet.com - March 14 at 10:33 PM
|Global Eyewear Market to Reach US$ 166,509.5 Mn by 2026 - Persistence Market Research|
finance.yahoo.com - March 9 at 8:54 AM
|[$$] Eyewear Makers Take a Fresh Look at Smart Glasses|
www.wsj.com - March 9 at 8:54 AM
|Elderly Billionaires See $2.1 Trillion in Wealth Transfer Puzzle|
www.bloomberg.com - March 3 at 6:23 PM
|Dollar Adds to Rally, Stocks Slip as Banks Falter: Markets Wrap|
www.msn.com - March 3 at 4:39 AM
|Dollar Climbs Spurred by Fed as Stocks Edge Lower: Markets Wrap|
www.bloomberg.com - March 3 at 4:39 AM
|Dollar Rally Gains Momentum as Stocks Tread Water: Markets Wrap|
www.bloomberg.com - March 2 at 10:02 AM
|Essilor Says $49 Billion Luxottica Deal On Track as it Posts Solid Q4 Results|
www.thestreet.com - February 17 at 1:54 PM
|How Long Will the M&A Surge Last?|
us.rd.yahoo.com - February 2 at 7:11 PM
|Form 425 LUXOTTICA GROUP SPA Filed by: ESSILOR INTERNATIONAL /FI - StreetInsider.com|
www.streetinsider.com - February 2 at 5:16 AM
|Form 425 LUXOTTICA GROUP SPA Filed by: ESSILOR INTERNATIONAL /FI|
www.streetinsider.com - February 1 at 7:13 PM
|Form 6-K LUXOTTICA GROUP SPA For: Jan 30 - StreetInsider.com|
www.streetinsider.com - January 31 at 5:15 AM
|8:59 am Luxottica expands its presence in the optical franchise business with ~950 stores; will acquire 100% of ticas Carol|
us.rd.yahoo.com - January 31 at 12:08 AM
|1:15 pm Luxottica reports FY16 sales|
finance.yahoo.com - January 30 at 7:04 PM
|Luxottica's retail push lifts 2016 sales 1 pct|
finance.yahoo.com - January 30 at 7:04 PM
Luxottica Group SpA (LUX) Chart for Saturday, August, 19, 2017