Kering (PPRUY) Projected to Release Earnings on Tuesday

Kering (OTCMKTS:PPRUY) is projected to post its resultson Tuesday, July 28th. Analysts expect Kering to post earnings of $0.3539 per share and revenue of $4.18 billion for the quarter.

Kering Trading Up 0.9%

PPRUY stock opened at $27.37 on Friday. Kering has a 1-year low of $24.27 and a 1-year high of $40.70. The business has a fifty day moving average price of $29.04 and a 200-day moving average price of $30.32. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.92 and a current ratio of 1.39.

Analyst Ratings Changes

PPRUY has been the subject of a number of research analyst reports. HSBC lowered shares of Kering from a “buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Zacks Research downgraded shares of Kering from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 14th. Barclays upgraded shares of Kering from a “strong sell” rating to a “hold” rating in a research note on Monday, May 11th. Finally, TD Cowen reissued a “buy” rating on shares of Kering in a report on Thursday, April 9th. Two equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Kering has an average rating of “Hold”.

About Kering

Kering is a global luxury goods group headquartered in Paris that designs, produces and distributes high-end fashion, leather goods, jewelry and watches. The company owns and manages a portfolio of well-known maisons — including Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen and several specialist jewelry and watchmakers — and supports those brands with centralized services for sourcing, manufacturing oversight, distribution and retail operations.

Originally part of a broader retail conglomerate, the group repositioned itself over the past two decades as a focused luxury house and adopted the Kering name in the 2010s.