KER
👜 Kering is a prestigious luxury conglomerate owning brands like Gucci, Saint Laurent, and Bottega Veneta.
📉 The company’s stock has dropped significantly, around 11% in the last year, due to falling sales in China.
✅ Kering has a solid financial health with a solvency ratio of around 1.60.
💰 The dividend yield is attractive at approximately 4.4%, with a payout of 2.88 per share.
@rankia:
“Kering is one of the most prestigious luxury conglomerates in the world, owner of brands like Gucci, Saint Laurent, and Bottega Veneta. Its positioning in the luxury market is enviable, driven mainly by demand in Asia. Financially, it is true that the company is not experiencing its best moment, mainly due to the fall in sales in China, but that is where the opportunity could lie. Its stock has dropped around 11% in the last year; however, it is similar to what it had around 2021, when the stock was worth almost double what it is worth now. Its financial health is good, with a solvency ratio of around 1.60, which is quite solid. The dividends are very interesting, distributing 2.88 per share, which gives it a profitability of approximately 4.4%.”
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