Zacks Investment Research upgraded shares of ESSILOR Intl S/S (OTCMKTS:ESLOY) from a sell rating to a hold rating in a research note released on Tuesday.
According to Zacks, “Essilor International researches, develops, manufactures and markets around the world a wide range of lenses to improve and protect eyesight. It creates lenses for various types of visual disorders such as myopia, hypermetropia, presbyopia and stigmatism. The group’s know-how also covers the manufacture and sale of optical instruments mainly machines used to edge finished lenses and diagnose visual disorders. The Company sells its products through various flagship brands such as Varilux, Crizal, Essilor, Definity and Xperio. Essilor International is headquartered in Charenton-le-Pont, France. “
Separately, ValuEngine upgraded ESSILOR Intl S/S from a hold rating to a buy rating in a research report on Tuesday, July 31st.
Shares of ESLOY stock opened at $71.38 on Tuesday. The stock has a market capitalization of $30.69 billion, a P/E ratio of 32.89, a P/E/G ratio of 3.42 and a beta of 0.75. ESSILOR Intl S/S has a 52-week low of $59.23 and a 52-week high of $74.14. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.81 and a current ratio of 1.18.
About ESSILOR Intl S/S
Essilor International Société Anonyme designs, manufactures, and sells ophthalmic lenses and ophthalmic optical instruments in North America, Europe, Asia/Oceania/Africa, and Latin America. It operates through three segments: Lenses & Optical Instruments, Equipment, and Sunglasses & Readers. The Lenses and Optical Instruments segment offers Varilux range of progressive lenses; Crizal range of lenses with anti-reflective, anti-smudge, and anti-static lenses; Transitions and its photochromic lenses; Eyezen for users of computers, tablets, smartphones, and other connected devices; Xperio polarized sun lenses; and Nikon and Kodak lenses under licensing agreements.
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