Kering (PPRUY-OTC)
OTCMKTS:PPRUY
22.79
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 3 opinions in the last 12 months.
Kering, with the symbol PPRUY-OTC, is facing significant challenges, primarily due to the underperformance of its flagship Gucci brand. After experiencing a boom post-Covid, the luxury market has notably weakened, with a major impact from Chinese consumers, resulting in disappointing sales. The recent designer changes at Gucci aimed to shift the brand's focus towards more classic leather goods; however, experts believe this strays from the brand's core identity. While there is optimism about potential improvements in the long-term due to the oligopolistic nature of the luxury goods market, the current outlook remains uncertain. Analysts note the company's strong free cash flow, good balance sheet, and attractive dividend yield of 5.5%, yet caution surrounds its future growth amidst weak sales and guidance.
The problem is that Gucci continues to underperform; they changed designers. Has huge free cash flow, a good balance sheet and pays a 5.5% dividend. Disappointing.
Slowly Gucci sales have hurt and guidance is weak. He exited. Not sure what the future holds. Gucci has sales trouble.
Excellent company with Gucci as top brand.
Luxury brand space will see further growth in Asia.
Expecting increased revenue in 2024.
China closing up caused a drop in sales but it is re-opening and the Chinese people are huge buyers of luxury goods. It has big growth ahead and lots of free cash flow. It is also very good at turning brands around.
- «
- ‹
- 1
- ›
- »
Kering(PPRUY-OTC) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 4
Kering(PPRUY-OTC) Frequently Asked Questions
What is Kering stock symbol?
Kering is a American stock, trading under the symbol PPRUY-OTC on the US OTC (PPRUY). It is usually referred to as OTC:PPRUY or PPRUY-OTC
Is Kering a buy or a sell?
In the last year, 4 stock analysts published opinions about PPRUY-OTC. 2 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Kering.
Is Kering a good investment or a top pick?
Kering was recommended as a Top Pick by on . Read the latest stock experts ratings for Kering.
Why is Kering stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Kering worth watching?
4 stock analysts on Stockchase covered Kering In the last year. It is a trending stock that is worth watching.
What is Kering stock price?
On 2025-03-20, Kering (PPRUY-OTC) stock closed at a price of $22.79.
The luxury market has been weak after the post-Covid boom. Chinese consumers are a major factor. Plus, their Gucci brand wasn't resonating with consumers. Their designer tried to make the brand more into leather goods and classic fashions, but that isn't what Gucci is about. They have a new designer, so he sees upside. Long-term, he likes luxury goods for being stable and an oligopoly. It trades at 17x PE forward where mid-20s is the norm, so there's room here.
(Analysts’ price target is $22.60)