Samsonite Group (OTCMKTS:SMSEY) Announces Quarterly Earnings Results

Samsonite Group (OTCMKTS:SMSEY) released its quarterly earnings data on Wednesday. The company reported $0.23 earnings per share (EPS) for the quarter, Zacks reports. Samsonite Group had a return on equity of 20.98% and a net margin of 8.46%.

Samsonite Group Stock Performance

OTCMKTS SMSEY traded down $0.21 during trading hours on Wednesday, hitting $10.52. 1,726 shares of the stock were exchanged, compared to its average volume of 45,597. The company has a quick ratio of 0.70, a current ratio of 1.13 and a debt-to-equity ratio of 0.87. The company has a market cap of $2.91 billion, a price-to-earnings ratio of 10.11 and a beta of 0.69. Samsonite Group has a 12-month low of $8.32 and a 12-month high of $15.16. The stock has a 50-day moving average of $10.79 and a 200 day moving average of $10.11.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Samsonite Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 27th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy”.

Samsonite Group Company Profile

Samsonite International SA engages in the design, manufacture, sourcing, and distribution of travel luggage bags in North America, Asia, Europe, and Latin America. The company offers luggage, business, computer, outdoor, casual, and women's bags; and travel accessories and slim protective cases for personal electronic devices primarily under the Samsonite, Tumi, American Tourister, Speck, High Sierra, Gregory, Lipault, Kamiliant, Hartmann, and eBags brands, as well as other owned and licensed brand names.