SFER.MI - Salvatore Ferragamo S.p.A.

Milan - Milan Delayed price. Currency in EUR
17.67
-0.20 (-1.09%)
As of 2:50PM CET. Market open.
Stock chart is not supported by your current browser
Previous close17.87
Open17.83
Bid17.67 x 0
Ask17.67 x 0
Day's range17.65 - 17.94
52-week range15.81 - 21.72
Volume360,952
Avg. volume624,196
Market cap2.982B
Beta (3Y monthly)0.99
PE ratio (TTM)35.42
EPS (TTM)0.50
Earnings date12 Nov 2019
Forward dividend & yield0.34 (1.87%)
Ex-dividend date2019-05-20
1y target est19.10
  • Is Salvatore Ferragamo (BIT:SFER) Using Too Much Debt?
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    Is Salvatore Ferragamo (BIT:SFER) Using Too Much Debt?

    David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

  • Christian Dior's Book Bags Are Red Hot Right Now
    Bloomberg

    Christian Dior's Book Bags Are Red Hot Right Now

    (Bloomberg Opinion) -- Despite the pressures piling onto the luxury industry, LVMH has pulled a great performance out of its roomy monogrammed bag.Sales excluding currency movements rose by 11% in the three months to Sept. 30, better than the consensus of analysts’ forecasts of 9.2%. That’s creditable given the ongoing disruption in Hong Kong.Don’t be lulled into a false sense of security, though. LVMH is the world’s biggest luxury group, with a broad geographic reach and a portfolio spanning fashion to spirits. Not all of the sales reports from high-end sellers in the coming weeks will be as alluring.Purveyors of bling have enjoyed more than three years of frantic growth, driven primarily by Chinese consumers, who account for about a third of sales and have snapped up Christian Dior book bags and Balenciaga sneakers. Some slowdown was inevitable. Despite the reassurance from LVMH, the risk of a hard landing, rather than a gentle deceleration, is rising.LVMH’s fashion and leather goods sales growth of 19% was much stronger than the consensus for a 15% expansion. That indicates that many purchases that would have been made in Hong Kong were diverted to the mainland, or to other Asian shopping destinations. The group has about 1,340 stores across Asia excluding Japan, so it can pick up sales wherever they are made. It helps that the Christian Dior brand is red hot right now, too. Even so, Bernstein forecasts that the protests will shave 0.6-1.2 percentage points off of the entire industry’s growth rate this year, so that expansion will be a figure in the mid-single digits.That’s not disastrous. But Hong Kong isn’t the only cloud on the high-end horizon. Trade tensions between the U.S. and China continue to simmer. So far, consumers appear to be adapting to the new reality. But some data points are more worrying. For example, Chinese consumer confidence slipped in July. Analysts at Citigroup have also noted the potential for Japanese sales to be hurt by the recent increase in the country’s consumption tax from 8% to 10%.And it is not just Asia that luxury-goods groups have to fret about.In general, consumers are more willing to splurge on things they can’t really afford, or don’t really need, when they’re feeling confident and flush with cash. With political turmoil on both sides of the Atlantic, and concerns mounting about economic growth, that’s unlikely to be the case. LVMH said it made “good progress” in the U.S. But increasing fears of a downturn next year will do nothing to encourage spending there.Like LVMH, Kering SA also has a broad reach, but it’s navigating Gucci’s transition from stellar to steady growth.  Conditions are not ideal for those groups trying to revive their performances, such as Prada SpA and Salvatore Ferragamo SpA, although there are signs that Burberry Group Plc is gaining momentum with young Chinese shoppers.There’s another reason why the pain might not be spread evenly. With fat margins, and little debt, the biggest groups have plenty of scope to invest. If they keep up capital expenditure when times are tough, they can emerge even stronger. Louis Vuitton designing clothing for characters in the popular fantasy game League of Legends is a case in point. As all of the industry’s growth is coming from the under 40s, investments that appeal to the cool kids are wise. The big groups also have the balance-sheet firepower to make acquisitions.Share prices have been hurt since mid-September by the escalation of protests in Hong Kong. Even so, the Bloomberg Intelligence top luxury peer group trades on a forward price-earnings ratio of about 22 times. That’s a decline to be sure, but it’s not that far off the peak of about 27 in June 2018.Bernard Arnault, chairman of LVMH, has bemoaned high valuations as a barrier to deals. There may still be some way to go until prices are more palatable. But if nascent industry woes become more pronounced, he may finally get his chance to swoop. \--With assistance from Nisha Gopalan.To contact the author of this story: Andrea Felsted at afelsted@bloomberg.netTo contact the editor responsible for this story: Melissa Pozsgay at mpozsgay@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Andrea Felsted is a Bloomberg Opinion columnist covering the consumer and retail industries. She previously worked at the Financial Times.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • The Salvatore Ferragamo (BIT:SFER) Share Price Is Down 26% So Some Shareholders Are Getting Worried
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    The Salvatore Ferragamo (BIT:SFER) Share Price Is Down 26% So Some Shareholders Are Getting Worried

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  • Where Salvatore Ferragamo S.p.A.'s (BIT:SFER) Earnings Growth Stands Against Its Industry
    Simply Wall St.

    Where Salvatore Ferragamo S.p.A.'s (BIT:SFER) Earnings Growth Stands Against Its Industry

    When Salvatore Ferragamo S.p.A. (BIT:SFER) announced its most recent earnings (30 June 2019), I did two things: looked...

  • Here’s What Salvatore Ferragamo S.p.A.’s (BIT:SFER) Return On Capital Can Tell Us
    Simply Wall St.

    Here’s What Salvatore Ferragamo S.p.A.’s (BIT:SFER) Return On Capital Can Tell Us

    Today we'll look at Salvatore Ferragamo S.p.A. (BIT:SFER) and reflect on its potential as an investment. In...

  • Should You Be Worried About Salvatore Ferragamo S.p.A.'s (BIT:SFER) 12% Return On Equity?
    Simply Wall St.

    Should You Be Worried About Salvatore Ferragamo S.p.A.'s (BIT:SFER) 12% Return On Equity?

    One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...

  • What Does Salvatore Ferragamo S.p.A.'s (BIT:SFER) Share Price Indicate?
    Simply Wall St.

    What Does Salvatore Ferragamo S.p.A.'s (BIT:SFER) Share Price Indicate?

    Salvatore Ferragamo S.p.A. (BIT:SFER), which is in the luxury business, and is based in Italy, saw a decent share...

  • Here's What Salvatore Ferragamo S.p.A.'s (BIT:SFER) P/E Is Telling Us
    Simply Wall St.

    Here's What Salvatore Ferragamo S.p.A.'s (BIT:SFER) P/E Is Telling Us

    This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...

  • Is Salvatore Ferragamo S.p.A.'s (BIT:SFER) Balance Sheet Strong Enough To Weather A Storm?
    Simply Wall St.

    Is Salvatore Ferragamo S.p.A.'s (BIT:SFER) Balance Sheet Strong Enough To Weather A Storm?

    While small-cap stocks, such as Salvatore Ferragamo S.p.A. (BIT:SFER) with its market cap of €3.6b, are popular for...

  • How Does Salvatore Ferragamo S.p.A. (BIT:SFER) Affect Your Portfolio Volatility?
    Simply Wall St.

    How Does Salvatore Ferragamo S.p.A. (BIT:SFER) Affect Your Portfolio Volatility?

    If you own shares in Salvatore Ferragamo S.p.A. (BIT:SFER) then it's worth thinking about how it contributes to the volatility of your portfolio, overall. In finance, Beta is a measure of volatility. Volatility is considered to be...

  • LVMH Is Stellar, the Rest Still Have to Prove It
    Bloomberg

    LVMH Is Stellar, the Rest Still Have to Prove It

    With scale, strong brands in fashion, cosmetics and beverages, as well as geographic reach, LVMH can prosper in both good times as well as bad. LVMH rose to a record on Thursday. It’s worth pointing out that it wasn’t all stellar news for LVMH: watch and jewelry sales missed analysts’ expectations.

  • What Should We Expect From Salvatore Ferragamo S.p.A.'s (BIT:SFER) Earnings Over The Next Few Years?
    Simply Wall St.

    What Should We Expect From Salvatore Ferragamo S.p.A.'s (BIT:SFER) Earnings Over The Next Few Years?

    Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Salvatore Ferragamo S.p.A.'s (BIT:SFER) announced its latest earnings update in December 2018, which showed...

  • Reuters - UK Focus

    LIVE MARKETS-What luxury slowdown? Feedback from China

    * European stocks rise slightly * Staples, healthcare, oil & gas biggest drivers * Convatec boosted by takeover hopes * Ferguson tumbles after profit warning March 26 - Welcome to the home for real-time ...

  • Some Salvatore Ferragamo (BIT:SFER) Shareholders Are Down 15%
    Simply Wall St.

    Some Salvatore Ferragamo (BIT:SFER) Shareholders Are Down 15%

    For many investors, the main point of stock picking is to generate higher returns than the overall market. But in any portfolio, there are likely to be some stocks thatRead More...

  • Reuters

    Ferragamo's core profit falls 14 percent in 2018 as turnaround costs weigh

    Italy's luxury shoemaker Salvatore Ferragamo posted a 14 percent drop in 2018 core profit, undermined by the costs of a turnaround plan in the face of falling sales. The luxury leather goods company has struggled in the last two years to rejuvenate its brand and captivate essential younger customers. The company appointed a new chief executive, Micaela Le Divelec, in July after a failed attempt to revamp the business by former boss Eraldo Poletto, who stepped down after less than two years in the job.

  • Reuters - UK Focus

    LIVE MARKETS-Another bearish view on bond proxies

    * European shares trade lower * STOXX set to snap 3-day winning streak * Metro Bank slumps on cash call * Air France KLM down after Dutch govt move * M&S to finance Ocado deal via cash call, shares down ...

  • Reuters - UK Focus

    LIVE MARKETS-Scale is power in global luxury

    * European shares open lower * STOXX set to snap 3-day winning streak * Metro Bank slumps on cash call * Air France KLM down after Dutch govt move * M&S to finance Ocado deal via cash call, shares down ...

  • Should You Like Salvatore Ferragamo S.p.A.’s (BIT:SFER) High Return On Capital Employed?
    Simply Wall St.

    Should You Like Salvatore Ferragamo S.p.A.’s (BIT:SFER) High Return On Capital Employed?

    Today we'll evaluate Salvatore Ferragamo S.p.A. (BIT:SFER) to determine whether it could have potential as an investment idea. To be precise, we'll consider its Return On Capital Employed (ROCE), asRead More...

  • Reuters

    Ferragamo chairman says luxury shoemaker not up for sale

    MILAN (Reuters) - Ferragamo's Chairman Ferruccio Ferragamo denied on Saturday the founding family could consider selling the eponymous luxury shoemaker, after speculation about a possible sale. "We're ...

  • How Did Salvatore Ferragamo S.p.A.’s (BIT:SFER) 13% ROE Fare Against The Industry?
    Simply Wall St.

    How Did Salvatore Ferragamo S.p.A.’s (BIT:SFER) 13% ROE Fare Against The Industry?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Many investors are still learning about the Read More...

  • What Should Investors Know About Salvatore Ferragamo S.p.A.’s (BIT:SFER) Growth?
    Simply Wall St.

    What Should Investors Know About Salvatore Ferragamo S.p.A.’s (BIT:SFER) Growth?

    Since Salvatore Ferragamo S.p.A. (BIT:SFER) released its earnings in September 2018, analysts seem fairly confident, as a 27% increase in profits is expected in the upcoming year, compared with the Read More...

  • Reuters

    European luxury stocks tumble after weak Chinese data

    PARIS (Reuters) - Shares in top European luxury goods companies fell on Monday after weak economic data from China, which is a major source of revenue for many firms in the sector. LVMH fell 2 percent, ...

  • Reuters - UK Focus

    BUZZ-Luxury: China drivers healthy enough for long-term growth - Berenberg

    ** Berenberg says that the significant balance-sheet firepower and the diversified businesses of the few large players in the luxury sector are something investors could still become excited about in 2019 ...

  • Why Salvatore Ferragamo S.p.A. (BIT:SFER) Could Be Worth Watching
    Simply Wall St.

    Why Salvatore Ferragamo S.p.A. (BIT:SFER) Could Be Worth Watching

    Salvatore Ferragamo S.p.A. (BIT:SFER), which is in the luxury business, and is based in Italy, received a lot of attention from a substantial price movement on the BIT over the Read More...

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