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S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
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
3/18/2024

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 Friday, March 15, 2024 at 4:06 AM.

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, fashion, and sports eyewear.
  • The company operates through both Manufacturing and Wholesale Distribution, and Retail Distribution segments, providing a diversified revenue stream.
  • Luxottica owns well-known brands like Ray-Ban, Oakley, and Prada, along with a wide portfolio of licensed brands, which enhances its market position and customer appeal.
  • Recent merger with Essilor has created EssilorLuxottica, a global eyewear giant, leading to potential synergies and increased market dominance.
  • Despite market fluctuations, Luxottica's stock price has shown resilience and potential for growth, making it an attractive investment option.

Cons

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

  • The eyewear industry is highly competitive, with the presence of numerous players and constant innovation, which may pose challenges to Luxottica's market share.
  • Changes in consumer preferences and economic conditions can impact the demand for luxury eyewear products, affecting Luxottica's sales and profitability.
  • Operational risks such as supply chain disruptions or manufacturing issues could potentially impact the company's production and distribution capabilities.
  • Integration challenges post-merger with Essilor may lead to uncertainties and potential disruptions in the company's operations and strategic direction.
  • Market volatility and regulatory changes in the eyewear industry can introduce uncertainties that may affect Luxottica's financial performance and investor confidence.

LUXTY Stock Analysis - Frequently Asked Questions

How have LUXTY shares performed in 2024?

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) announced its earnings results on Monday, October, 26th. The company reported $0.48 earnings per share (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 3/18/2024 by MarketBeat.com Staff

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