This summary was created by AI, based on 1 opinions in the last 12 months.
Experts are concerned about the future of Kering (PPRUY-OTC) due to slow Gucci sales and weak guidance. One expert exited the stock, unsure of what the future holds. The main issue seems to be trouble with Gucci's sales, leading to a negative outlook for the company's performance.
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.
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
In the last year, 2 stock analysts published opinions about PPRUY-OTC. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Kering.
Kering was recommended as a Top Pick by on . Read the latest stock experts ratings for Kering.
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.
2 stock analysts on Stockchase covered Kering In the last year. It is a trending stock that is worth watching.
On 2024-12-12, Kering (PPRUY-OTC) stock closed at a price of $25.28.
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.