FY2021 EPS Estimates for LVMH Moët Hennessy – Louis Vuitton, Société Européenne Increased by Analyst (OTCMKTS:LVMUY)

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) – Analysts at Jefferies Financial Group lifted their FY2021 earnings estimates for shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a research note issued to investors on Wednesday, June 9th. Jefferies Financial Group analyst F. Cereda now forecasts that the company will post earnings per share of $3.96 for the year, up from their previous estimate of $3.50. Jefferies Financial Group also issued estimates for LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s FY2022 earnings at $4.83 EPS and FY2023 earnings at $5.69 EPS.

A number of other brokerages have also recently commented on LVMUY. Berenberg Bank reaffirmed a “buy” rating on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a report on Thursday, April 15th. Royal Bank of Canada reaffirmed an “outperform” rating on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a report on Wednesday, April 14th. Societe Generale reissued a “buy” rating on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a research note on Wednesday, April 14th. Zacks Investment Research cut shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “buy” rating to a “hold” rating and set a $181.00 price objective for the company. in a research note on Wednesday. Finally, Morgan Stanley reissued an “overweight” rating on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a research note on Wednesday, April 14th. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. LVMH Moët Hennessy – Louis Vuitton, Société Européenne presently has a consensus rating of “Buy” and an average target price of $390.50.

Shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne stock opened at $159.93 on Friday. The company has a market capitalization of $403.63 billion, a P/E ratio of 75.08 and a beta of 0.89. The firm’s 50 day moving average is $151.59. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a twelve month low of $83.00 and a twelve month high of $162.27. The company has a current ratio of 1.58, a quick ratio of 1.06 and a debt-to-equity ratio of 0.36.

The firm also recently disclosed a dividend, which was paid on Friday, May 7th. Shareholders of record on Thursday, April 15th were paid a dividend of $2.0272 per share. This represents a yield of 1.5%. This is a boost from LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s previous dividend of $0.31. The ex-dividend date of this dividend was Wednesday, April 14th. LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s payout ratio is presently 71.36%.

About LVMH Moët Hennessy – Louis Vuitton, Société Européenne

LVMH Moët Hennessy – Louis Vuitton, Société Européenne operates as a luxury products company. The company offers champagnes, wines, and spirits under the Ao Yun, Ardbeg, Belvedere, Bodega Numanthia, Cape Mentelle, Chandon, Château Cheval Blanc, Château d'Yquem, Cheval des Andes, Clos des Lambrays, Clos19, Cloudy Bay, Dom Pérignon, Glenmorangie, Hennessy, Krug, Mercier, Moët & Chandon, Newton, Vineyard, Ruinart, Terrazas de los Andes, Veuve Clicquot, Volcan de mi Tierra, and Woodinville brands.

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Earnings History and Estimates for LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTCMKTS:LVMUY)

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