LVMH-Moet Hennessy Louis Vuitton (LVMUY) Projected to Post Earnings on Monday

LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) will likely be announcing its resultson Monday, July 27th. Analysts expect the company to announce earnings of $2.47 per share and revenue of $22.0431 billion for the quarter.

LVMH-Moet Hennessy Louis Vuitton Trading Up 1.5%

Shares of LVMUY opened at $104.68 on Friday. LVMH-Moet Hennessy Louis Vuitton has a 12 month low of $102.80 and a 12 month high of $152.95. The stock has a fifty day moving average price of $111.70 and a 200-day moving average price of $117.70. The company has a current ratio of 1.58, a quick ratio of 0.84 and a debt-to-equity ratio of 0.18.

Analysts Set New Price Targets

Several research analysts recently issued reports on LVMUY shares. Zacks Research raised LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a research report on Wednesday, June 10th. Barclays raised LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Five analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy”.

LVMH-Moet Hennessy Louis Vuitton Company Profile

LVMH Moët Hennessy Louis Vuitton SE is a French multinational luxury goods conglomerate that designs, produces and sells high-end products across multiple luxury segments. Formed through the 1987 merger of fashion house Louis Vuitton and the wine and spirits group Moët Hennessy, the company is headquartered in Paris and is led by Chairman and Chief Executive Officer Bernard Arnault. LVMH’s organization centers on a portfolio of maisons that operate with a degree of independence under centralized strategic oversight.

The company’s principal activities span fashion and leather goods, wines and spirits, perfumes and cosmetics, watches and jewelry, and selective retailing.