Streetbeat News

ESLOY

EssilorLuxottica

https://www.essilorluxottica.com/

Industry

Ophthalmic Goods Manufacturing

Open

151.19

Mkt cap

138B

Volume

147

High

151.56

P/E Ratio

56.55

52-wk high

155.46

Low

151.19

Div yield

0.01

52-wk low

103.41

EssilorLuxottica's Q4 sales exceeded expectations with strong growth in Direct-to-Consumer and Professional Solutions segments. However, the company's high valuation with a P/E above 35x suggests it may be overpriced.

Portfolio Pulse from

February 23, 2025 | 3:15 pm

EssilorLuxottica plans to increase its production capacity for smart glasses and aims to expand its collaboration with Meta to other brands.

Portfolio Pulse from

February 13, 2025 | 12:15 pm

EssilorLuxottica is positioned for long-term growth due to its integrated business model, strong branding, and strategic acquisitions. Despite a 30% stock price increase in 2024, a 'BUY' rating is initiated with a €300 target price. Key growth drivers include Meta smart glasses, Stellest lenses, hearing care solutions, and the Supreme acquisition.

Portfolio Pulse from

February 01, 2025 | 8:15 am

EssilorLuxottica (ESLOY) is acquiring Pulse Audition, an AI-driven tech startup, to enhance its presence in the hearing solution market.

Portfolio Pulse from

January 06, 2025 | 1:45 pm

EssilorLuxottica has acquired an AI-driven tech startup in France to enhance its presence in the hearing space.

Portfolio Pulse from

January 02, 2025 | 5:15 pm

EssilorLuxottica and Prada have renewed their licensing agreement for the production and global distribution of eyewear under the Prada, Prada Linea Rossa, and Miu Miu brands.

Portfolio Pulse from

December 19, 2024 | 8:00 am

EssilorLuxottica has signed an agreement to acquire Espansione Group, aiming to boost its growth in the med-tech sector.

Portfolio Pulse from

December 16, 2024 | 5:15 pm

EssilorLuxottica's greenhouse gas emissions reduction targets have been validated by the Science Based Targets initiative (SBTi), marking a significant step in the company's commitment to sustainability.

Portfolio Pulse from

December 12, 2024 | 5:15 pm

Meta CEO Mark Zuckerberg has criticized the current social media experience on smartphones as 'anti-social' and is focusing on developing Ray-Ban smart glasses to offer a more natural interaction. Meta has acquired a 5% stake in EssilorLuxottica to support this development. Rival Apple is also reportedly working on its own smart glasses, while Google has shown interest in partnerships with EssilorLuxottica.

Portfolio Pulse from Benzinga Neuro

August 09, 2024 | 5:40 am

EssilorLuxottica (OTC:ESLOY) has seen a rise in its stock price following interest from major tech companies, including Alphabet Inc's Google (NASDAQ:GOOG) (NASDAQ:GOOGL) and Meta Platforms (NASDAQ:META), in potential partnerships. This interest comes after EssilorLuxottica's collaboration with Meta to develop Ray-Ban smart glasses. Meta is also reportedly considering acquiring a 5% stake in EssilorLuxottica.

Portfolio Pulse from Vandana Singh

July 26, 2024 | 5:35 pm

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