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S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
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

Luxottica Group (OTCMKTS:LUXTY) Shares Up 0.4%
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Company Calendar

Last Earnings
10/26/2015
Today
3/28/2024

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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Luxottica Group was last updated on Tuesday, March 26, 2024 at 11:07 PM.

Pros

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

  • Luxottica Group S.p.A. is a leading eyewear company with a strong global presence, offering a diverse range of luxury and fashion eyewear brands, which provides stability and potential for growth in the industry.
  • The recent merger with Essilor has created EssilorLuxottica, a powerhouse in the eyewear market, combining Luxottica's retail distribution strength with Essilor's expertise in lens manufacturing, leading to potential synergies and increased market dominance.
  • With a wide portfolio of both proprietary and licensed brands, Luxottica has a strong foothold in the market, catering to various consumer segments and preferences, which can lead to sustained revenue streams and market resilience.
  • Luxottica's retail distribution segment operates numerous stores globally, providing a direct-to-consumer channel that enhances brand visibility, customer engagement, and potential for increased sales and brand loyalty.
  • Despite market fluctuations, Luxottica's stock price has shown resilience and potential for growth, reflecting investor confidence in the company's long-term prospects and strategic positioning in the eyewear industry.

Cons

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

  • Increased competition in the eyewear industry from emerging online retailers and direct-to-consumer brands may pose challenges to Luxottica's traditional retail distribution model, impacting sales and market share.
  • Market volatility and economic uncertainties can affect consumer spending patterns, leading to fluctuations in demand for luxury eyewear products, which may impact Luxottica's revenue and profitability.
  • The complexity of managing a vast portfolio of brands, both proprietary and licensed, could pose operational challenges and require significant resources for marketing, distribution, and brand management, potentially affecting overall efficiency and profitability.
  • Changes in fashion trends and consumer preferences can impact the demand for specific eyewear brands, requiring continuous innovation and adaptation to stay relevant in the competitive market, which may involve additional investments and risks.
  • Regulatory changes, trade policies, and geopolitical factors can influence the global supply chain and manufacturing costs, affecting Luxottica's production processes, pricing strategies, and overall financial performance.

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 stock has 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) released its quarterly earnings data on Monday, October, 26th. The company reported $0.48 EPS for the quarter, missing the consensus estimate of $0.50 by $0.02. The company earned $2.40 billion during the quarter, compared to analysts' expectations 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 3/28/2024 by MarketBeat.com Staff

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