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OTCMKTS:LUXTY

Luxottica Group (LUXTY) Stock Price, News & Analysis

$55.80
+0.20 (+0.36%)
(As of 03/22/2019)
Today's Range
$49.87
$55.90
50-Day Range
$55.80
$55.80
52-Week Range
$49.83
$69.03
Volume
2,900 shs
Average Volume
14,259 shs
Market Capitalization
$27.07 billion
P/E Ratio
24.37
Dividend Yield
1.63%
Price Target
N/A
LUXTY stock logo

About Luxottica Group Stock (OTCMKTS:LUXTY)

Luxottica Group S.p.A., together with its subsidiaries, provides fashion, luxury, sports, and performance eyewear worldwide. It operates through two segments, Manufacturing and Wholesale Distribution, and Retail Distribution. The Manufacturing and Wholesale Distribution segment engages in the design, manufacture, distribution, and marketing of proprietary and designer lines of prescription frames and sunglasses. This segment offers its products under proprietary brands, such as Ray-Ban, Oakley, Persol, Oliver Peoples, Alain Mikli, Arnette, and Vogue Eyewear; and licensed brands, including Giorgio Armani, Emporio Armani, Armani Exchange, Brooks Brothers, Burberry, Bulgari, Chanel, Coach, Dolce&Gabbana, DKNY, Michael Kors, Paul Smith Spectacles, Prada, Miu Miu, Ralph Lauren, Polo Ralph Lauren, Ralph, Starck Eyes, Tiffany & Co, Tory Burch, Valentino, Versace, and Ferrari. The Retail Distribution segment operates prescription eyewear stores primarily under its retail brands, including LensCrafters, Sunglass Hut, Pearle Vision, OPSM, Laubman & Pank, GMO, David Clulow, Salmoiraghi & Viganò, Ray-Ban, Oakley and Vault, Oliver Peoples, Alain Mikli, Ilori Optical, and Optical Shop of Aspen; and licensed brands, such as Sears Optical and Target Optical. As of December 31, 2017, it operated approximately 9,000 stores. The company was founded in 1961 and is headquartered in Milan, Italy. As of October 1, 2018, Luxottica Group S.p.A. operates as a subsidiary of EssilorLuxottica.

LUXTY Stock Price History

LUXTY Stock News Headlines

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Company Calendar

Last Earnings
10/26/2015
Today
6/07/2024

Industry, Sector and Symbol

Industry
Ophthalmic Goods
Sub-Industry
N/A
Current Symbol
OTCMKTS:LUXTY
CIK
N/A
Fax
N/A
Employees
85,150
Year Founded
1961

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$10.34 billion
Cash Flow
$3.57 per share
Book Value
$13.74 per share

Miscellaneous

Free Float
N/A
Market Cap
$27.07 billion
Optionable
Not Optionable
Beta
0.27
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Key Executives

  • Dr. Leonardo Del Vecchio (Age 84)
    Founder & Exec. Chairman
  • Mr. Francesco Milleri (Age 60)
    Deputy Chairman & CEO
  • Mr. Luigi Francavilla (Age 82)
    Deputy Chairman
  • Mr. Stefano Grassi (Age 46)
    CFO & Exec. Director
  • Mr. Giorgio Striano (Age 48)
    Chief Operating Officer

Should I Buy Luxottica Group Stock? LUXTY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Luxottica Group SpA:

  • Luxottica Group SpA has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
  • The company's recent expansion into emerging markets has opened up new revenue streams and potential for further growth.
  • Luxottica's strategic partnerships with high-end fashion brands like Prada and Chanel enhance its brand value and market positioning.
  • With a current stock price that is competitively priced compared to industry peers, there may be a good entry point for investors.
  • The company's focus on innovation and technology in eyewear design keeps it ahead of competitors and appeals to a wide range of consumers.

Cons

Investors should be bearish about investing in Luxottica Group SpA for these reasons:

  • Increased competition in the eyewear industry could put pressure on Luxottica's market share and margins.
  • Global economic uncertainties may impact consumer spending on luxury eyewear products, affecting Luxottica's sales and profitability.
  • Fluctuations in foreign exchange rates could negatively impact the company's financial performance, especially in international markets.
  • Regulatory changes related to trade policies or intellectual property rights could pose risks to Luxottica's operations and profitability.
  • Any disruptions in the supply chain or manufacturing processes could lead to delays in product launches and impact overall sales performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, June 6, 2024. Please send any questions or comments about these Luxottica Group pros and cons to contact@marketbeat.com.

LUXTY Stock Analysis - Frequently Asked Questions

How have LUXTY shares performed in 2024?

Luxottica Group's stock was trading at $55.80 at the start of the year. Since then, LUXTY shares have increased by 0.0% and is now trading at $55.80.
View the best growth stocks for 2024 here
.

How were Luxottica Group's earnings last quarter?

Luxottica Group SpA (OTCMKTS:LUXTY) 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 firm earned $2.40 billion during the quarter, compared to analyst estimates of $2.50 billion.

Is Luxottica Group a good dividend stock?

Luxottica Group (OTCMKTS:LUXTY) pays an annual dividend of $0.91 per share and currently has a dividend yield of 1.63%. The dividend payout ratio is 39.74%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for LUXTY.

How do I buy shares of Luxottica Group?

Shares of LUXTY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:LUXTY) was last updated on 6/7/2024 by MarketBeat.com Staff

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