EssilorLuxottica (OTCMKTS:ESLOY – Get Free Report) is expected to be posting its resultson Tuesday, July 28th. Analysts expect EssilorLuxottica to post earnings of $2.22 per share and revenue of $17.0774 billion for the quarter.
EssilorLuxottica Stock Performance
ESLOY opened at $92.54 on Monday. The stock has a 50-day moving average of $98.99 and a 200-day moving average of $119.17. EssilorLuxottica has a 52-week low of $91.44 and a 52-week high of $186.81. The company has a current ratio of 0.99, a quick ratio of 0.70 and a debt-to-equity ratio of 0.17.
Analysts Set New Price Targets
ESLOY has been the subject of several analyst reports. The Goldman Sachs Group lowered EssilorLuxottica from a “buy” rating to a “hold” rating in a report on Tuesday, July 14th. Zacks Research downgraded EssilorLuxottica from a “hold” rating to a “strong sell” rating in a report on Tuesday, June 23rd. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of EssilorLuxottica in a research report on Tuesday, May 12th. They issued a “hold” rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.
About EssilorLuxottica
EssilorLuxottica SE is a global ophthalmic optics company formed through the 2018 merger of France-based Essilor and Italy-based Luxottica. Headquartered near Paris, the company combines lens manufacturing, frame design and production, brand management and retail operations to provide a vertically integrated offering across the vision care value chain. Its activities span product research and development, manufacturing, wholesale distribution and retailing of spectacles, sunglasses and ophthalmic lenses.
The company’s product portfolio includes prescription and non-prescription lenses, lens coatings and treatments, and an array of eyewear brands and frames.
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