Samsonite International: A Victim Of U.S.-China Trade Tensions [Seeking Alpha]
SAMSONITE INTL UNSP/ADR (SMSEY)
NASDAQ:AMEX Investor Relations:
samsonite.com/investors/home.do
Company Research
Source: Seeking Alpha
Samsonite International: A Victim Of U.S.-China Trade Tensions Summary Samsonite International can only partially offset the impact of U.S. tariffs on Chinese luggage imports by raising product prices and shifting part of its U.S. product sourcing away from China. Samsonite is showing strong sales growth momentum with the Asia market and the Tumi brand; a return to positive sales growth for 2H2019 is very likely. The company has also implemented several cost reduction initiatives, but it still expects a 60-90 basis points YoY reduction in EBITDA margin for full-year FY2019. Samsonite International trades at 11.9 times consensus forward FY2019 P/E, representing a significant discount to the stock's historical five-year average forward P/E of approximately 18 times. Elevator Pitch Hong Kong-listed Samsonite International S.A. ( OTCPK:SMSOF OTCPK:SMSEY Samsonite International's cheap valuation is mainly attributable to U.S.-China trade tensions. Firstly, U.S. tariffs on Chinese luggage i
Show less
Read more
Impact Snapshot
Event Time:
SMSEY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SMSEY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SMSEY alerts
High impacting SAMSONITE INTL UNSP/ADR news events
Weekly update
A roundup of the hottest topics
SMSEY
News
- Samsonite International S.A. (OTCMKTS: SMSEY) was upgraded by analysts at The Goldman Sachs Group, Inc. to a "strong-buy" rating.MarketBeat
- Samsonite International SA (SMSEY) Q3 2024 Earnings Call Highlights: Navigating Challenges with ... [Yahoo! Finance]Yahoo! Finance
- Samsonite International Non-GAAP EPS of $0.06, revenue of $877.7M misses by $42.16M [Seeking Alpha]Seeking Alpha
- Samsonite International S.A. Announces Results for the Three and Nine Months Ended September 30, 2024PR Newswire
- Samsonite commits to science-based climate target to maintain 100% renewable electricity in own operations and significantly reduce value chain emissions by 2030PR Newswire