Kering (PPRUY) to Release Quarterly Earnings on Tuesday

Kering (OTCMKTS:PPRUY) is anticipated to release its resultson Tuesday, July 28th. Analysts expect Kering 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 business has a 50 day moving average price of $29.05 and a 200 day moving average price of $30.49. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.92 and a current ratio of 1.39. Kering has a fifty-two week low of $22.73 and a fifty-two week high of $40.70.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Barclays upgraded shares of Kering from a “strong sell” rating to a “hold” rating in a research report on Monday, May 11th. TD Cowen reissued a “buy” rating on shares of Kering in a research report on Thursday, April 9th. Zacks Research lowered Kering from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 14th. Finally, HSBC cut Kering from a “buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Two research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Kering presently has an average rating of “Hold”.

About Kering

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.