About Luxottica Group, S.p.A. (OTCMKTS:LUXTY)
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
SymbolOTCMKTS:LUXTYPrevious Symbol: NYSE:LUX
Trailing P/E RatioN/A
Forward P/E Ratio25.67
Sales & Book Value
Annual Sales$9.89 billion
Price / Sales2.74
Cash Flow$3.18 per share
Price / Cash17.85
Book Value$13.42 per share
Price / Book4.23
Return on EquityN/A
Return on AssetsN/A
Frequently Asked Questions for Luxottica Group, S.p.A. (OTCMKTS:LUXTY)
What is Luxottica Group, S.p.A.'s stock symbol?
Luxottica Group, S.p.A. trades on the OTCMKTS under the ticker symbol "LUXTY."
How often does Luxottica Group, S.p.A. pay dividends? What is the dividend yield for Luxottica Group, S.p.A.?
Luxottica Group, S.p.A. declared a dividend on Thursday, March 2nd. Investors of record on Tuesday, May 23rd will be given a dividend of $0.719 per share on Wednesday, May 31st. The ex-dividend date is Friday, May 19th. View Luxottica Group, S.p.A.'s Dividend History.
How were Luxottica Group, S.p.A.'s earnings last quarter?
Luxottica Group, S.p.A. (OTCMKTS:LUXTY) announced its quarterly earnings results on Monday, October, 26th. The company reported $0.48 earnings per share for the quarter, missing analysts' consensus estimates of $0.50 by $0.02. The firm earned $2.40 billion during the quarter, compared to analyst estimates of $2.50 billion. View Luxottica Group, S.p.A.'s Earnings History.
Where is Luxottica Group, S.p.A.'s stock going? Where will Luxottica Group, S.p.A.'s stock price be in 2017?
6 brokers have issued 12 month price targets for Luxottica Group, S.p.A.'s shares. Their predictions range from $50.00 to $50.00. On average, they expect Luxottica Group, S.p.A.'s share price to reach $50.00 in the next year. View Analyst Ratings for Luxottica Group, S.p.A..
What are Wall Street analysts saying about Luxottica Group, S.p.A. stock?
Here are some recent quotes from research analysts about Luxottica Group, S.p.A. 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. " (11/15/2017)
- 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, S.p.A.'s key competitors?
Some companies that are related to Luxottica Group, S.p.A. include Adidas AG (ADDYY), Sands China (SCHYY), Panasonic Corp. (PCRFY), Carnival Corporation (CCL), Oriental Land (OLCLY), Rogers Communication (RCI), Royal Caribbean Cruises (RCL), Sirius XM Holdings (SIRI), Liberty Global PLC (LBTYK), Hilton Worldwide Holdings (HLT), DISH Network Corporation (DISH), British Sky Broadcasting Group PLC (SKYAY), Sharp Corp. (SHCAY), Wynn Macau (WYNMF), New Oriental Education & Technology Group (EDU), Viacom (VIA), Norwegian Cruise Line Holdings (NCLH) and Anta Sports Products (ANPDF).
Who are Luxottica Group, S.p.A.'s key executives?
Luxottica Group, S.p.A.'s management team includes the folowing people:
- Leonardo Del Vecchio, Executive Chairman of the Board (Age 82)
- Massimo Vian, Chief Executive Officer for Product & Operations (Age 44)
- Luigi Francavilla, Vice Chairman of the Board (Age 80)
- Francesco Milleri, Vice Chairman of the Board
- Stefano Grassi, Chief Financial Officer, Financial Reporting Officer (Age 57)
- Stefano Russo, Internal Audit Manager
- Marina Brogi, Non-Executive Lead Independent Director (Age 50)
- Mario Notari, Non-Executive Director (Age 53)
- Luigi Feola, Non-Executive Independent Director (Age 50)
- Elisabetta Magistretti CPA, Non-Executive Independent Director (Age 70)
Who owns Luxottica Group, S.p.A. stock?
Luxottica Group, S.p.A.'s stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Fisher Asset Management LLC (0.00%), Kornitzer Capital Management Inc. KS (0.00%), Boston Financial Mangement LLC (0.00%), BB&T Securities LLC (0.00%), Bluestein R H & Co. (0.00%) and Douglas Lane & Associates LLC (0.00%). View Institutional Ownership Trends for Luxottica Group, S.p.A..
Who sold Luxottica Group, S.p.A. stock? Who is selling Luxottica Group, S.p.A. stock?
Who bought Luxottica Group, S.p.A. stock? Who is buying Luxottica Group, S.p.A. stock?
Luxottica Group, S.p.A.'s stock was bought by a variety of institutional investors in the last quarter, including BB&T Securities LLC, Kornitzer Capital Management Inc. KS, Boston Financial Mangement LLC, Eqis Capital Management Inc. and Bluestein R H & Co.. View Insider Buying and Selling for Luxottica Group, S.p.A..
How do I buy Luxottica Group, S.p.A. stock?
Shares of Luxottica Group, S.p.A. can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Luxottica Group, S.p.A.'s stock price today?
One share of Luxottica Group, S.p.A. stock can currently be purchased for approximately $56.73.
How big of a company is Luxottica Group, S.p.A.?
Luxottica Group, S.p.A. has a market capitalization of $27.39 billion and generates $9.89 billion in revenue each year. The company earns $941.18 million in net income (profit) each year or $2.30 on an earnings per share basis. Luxottica Group, S.p.A. employs 82,282 workers across the globe.
How can I contact Luxottica Group, S.p.A.?
Luxottica Group, S.p.A.'s mailing address is Piazzale Cadorna, 3, MILANO, 20123, Italy. The company can be reached via phone at +39-02-863341 or via email at [email protected]
MarketBeat Community Rating for Luxottica Group, S.p.A. (LUXTY)MarketBeat's community ratings are surveys of what our community members think about Luxottica Group, S.p.A. 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.
Analysts' Consensus Rating for Luxottica Group, S.p.A. (OTCMKTS:LUXTY) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks 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). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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: ||2 Sell Ratings, 1 Hold Rating, 3 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.17)|
|Consensus Price Target: ||$50.00|
Consensus Price Target History for Luxottica Group, S.p.A. (OTCMKTS:LUXTY)
Analysts' Ratings History for Luxottica Group, S.p.A. (OTCMKTS:LUXTY)
(Data available from 11/23/2015 forward)
|10/25/2017||Societe Generale||Downgrade||Hold -> Sell|
|9/21/2017||Royal Bank Of Canada||Downgrade||Sector Perform -> Underperform|
|6/13/2017||Morgan Stanley||Upgrade||Equal Weight -> Overweight|
|1/19/2017||Goldman Sachs Group, Inc. (The)||Reiterated Rating||Hold|
|1/15/2017||Barclays PLC||Reiterated Rating||Buy|
|11/28/2016||Credit Suisse Group||Reiterated Rating||Buy||$50.00|
|9/29/2016||Bank of America Corporation||Reiterated Rating||Sell||$41.00|
|9/13/2016||Deutsche Bank AG||Upgrade||Hold -> Buy|
|5/4/2016||Raymond James Financial, Inc.||Upgrade||Market Perform -> Outperform|
|2/9/2016||Jefferies Group LLC||Upgrade||Underperform -> Hold|
|11/25/2015||William Blair||Reiterated Rating||Buy|
Earnings History and Estimates Chart for Luxottica Group, S.p.A. (OTCMKTS:LUXTY)
Earnings History by Quarter for Luxottica Group, S.p.A. (OTCMKTS LUXTY)
(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, S.p.A. (OTCMKTS:LUXTY)
Current Year EPS Consensus Estimate: $2.21 EPS
Next Year EPS Consensus Estimate: $2.32 EPS
Current Dividend Information for Luxottica Group, S.p.A. (OTCMKTS:LUXTY)
|Most Recent Dividend:||5/31/2017|
|Payout Ratio:||33.04% (Trailing 12 Months of Earnings) |
34.39% (Based on This Year's Estimates)
32.76% (Based on Next Year's Estimates)
Dividend History by Quarter for Luxottica Group, S.p.A. (OTCMKTS LUXTY)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Luxottica Group, S.p.A. (OTCMKTS LUXTY)
No insider trades for this company have been tracked by MarketBeat.com
Latest Headlines for Luxottica Group, S.p.A. (OTCMKTS LUXTY)
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Financials are not available for this stock.
Luxottica Group, S.p.A. (OTCMKTS LUXTY) Chart for Thursday, November, 23, 2017