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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

Biden's Executive Order, Dems Digital Money Legislation, First Step To
Donald Trump once again sounded the alarm against Fed-controlled digital currencies (CBDCs). If these plans are implemented, it could mean the end of America as we know it.
One Man’s Quest to Make Luxury Sunblock
Biden's Executive Order, Dems Digital Money Legislation, First Step To
Donald Trump once again sounded the alarm against Fed-controlled digital currencies (CBDCs). If these plans are implemented, it could mean the end of America as we know it.
EssilorLuxottica to Acquire Supreme
See More Headlines

Company Calendar

Last Earnings
10/26/2015
Today
9/16/2024

Industry, Sector and Symbol

Industry
Ophthalmic Goods
Sub-Industry
Medical Equipment
Current Symbol
OTCMKTS:LUXTY
CIK
N/A
Fax
N/A
Employees
82,282
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

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 recent merger with Essilor has positioned Luxottica Group SpA as a dominant player in the eyewear industry, benefiting from synergies and increased market share.
  • With a diverse portfolio of luxury eyewear brands under its umbrella, Luxottica Group SpA has a strong competitive advantage in the market.
  • The current stock price of Luxottica Group SpA is undervalued compared to its industry peers, presenting a potential buying opportunity for investors.
  • Luxottica Group SpA's strategic focus on innovation and technology in eyewear manufacturing keeps it ahead of competitors and ensures long-term growth potential.

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 Group SpA's market share and margins.
  • Global economic uncertainties may impact consumer spending on luxury eyewear products, affecting Luxottica Group SpA's sales and profitability.
  • Regulatory changes in the healthcare sector, especially related to vision care, could pose challenges for Luxottica Group SpA's business operations.
  • Fluctuations in foreign exchange rates could impact Luxottica Group SpA's international sales and profitability.
  • Any disruptions in the supply chain or manufacturing processes could lead to delays in product launches and impact overall revenue for Luxottica Group SpA.
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 Tuesday, September 10, 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 this year?

Luxottica Group's stock was trading at $55.80 at the beginning of 2024. 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) issued its quarterly earnings data on Monday, October, 26th. The company reported $0.48 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by $0.02. The business had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.50 billion.

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 9/16/2024 by MarketBeat.com Staff

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