Stock To Watch: Luxottica Group, S.p.A. (NYSE:LUX)


The leading market experts have placed a mean price target of $41.00 on Luxottica Group, S.p.A. (NYSE:LUX) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.00 a share for the upcoming quarter and $1.90 for the current fiscal.

Technical View

The technical analysis of Luxottica Group, S.p.A. Common plainly substantiates that the 50-day moving average of Luxottica Group, S.p.A. Common is $48.47, and stock is trading $0.25 points away or +0.52% from its 50-day moving average of $48.47. Further it is trading $-4.44 or -8.35% away its 200-day moving average of $53.16. Luxottica Group, S.p.A. (NYSE:LUX) 52-week high is $72.55 and the 52-week low is $46.67.

This explains if the stock moves $-23.83, it will post a 52-week high. In event of +4.39% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Luxottica Group, S.p.A. Common , shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Luxottica Group, S.p.A. (NYSE:LUX) ratio came in at 27.10.

The stock last ended the trading session at $48.72 and registered a market cap of $23.36B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Luxottica Group, S.p.A. (NYSE:LUX) PEG ratio is at 3.78.

1 Chart Pattern Every Investor Should Know

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