Kering (PPRUY) Expected to Announce Earnings on Tuesday

Kering (OTCMKTS:PPRUY) is expected to release its resultson Tuesday, July 28th. Analysts expect the company to announce earnings of $0.4022 per share and revenue of $4.18 billion for the quarter.

Kering Stock Performance

PPRUY stock opened at $28.67 on Tuesday. The company has a current ratio of 1.39, a quick ratio of 0.92 and a debt-to-equity ratio of 0.66. Kering has a 12-month low of $22.73 and a 12-month high of $40.70. The business’s fifty day moving average price is $29.05 and its 200 day moving average price is $30.49.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on PPRUY shares. TD Cowen restated a “buy” rating on shares of Kering in a report on Thursday, April 9th. Barclays raised shares of Kering from a “strong sell” rating to a “hold” rating in a research report on Monday, May 11th. HSBC lowered shares of Kering from a “buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Finally, Zacks Research lowered shares of Kering from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 14th. Two investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Kering Company Profile

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.