FY2022 Earnings Estimate for LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Issued By Jefferies Financial Group


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LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) – Analysts at Jefferies Financial Group raised their FY2022 earnings per share (EPS) estimates for shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a research note issued on Tuesday, April 6th. Jefferies Financial Group analyst F. Cereda now expects that the company will post earnings per share of $4.29 for the year, up from their previous forecast of $3.97. Jefferies Financial Group also issued estimates for LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s FY2023 earnings at $5.11 EPS.

A number of other brokerages have also recently issued reports on LVMUY. Citigroup began coverage on LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a report on Monday, March 8th. They issued a “buy” rating on the stock. Morgan Stanley restated an “overweight” rating on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a report on Monday, March 29th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a report on Wednesday. Credit Suisse Group reaffirmed an “outperform” rating on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a research report on Monday, February 1st. Finally, Berenberg Bank initiated coverage on LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a research report on Tuesday, February 2nd. They issued a “buy” rating for the company. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. LVMH Moët Hennessy – Louis Vuitton, Société Européenne presently has a consensus rating of “Buy” and an average price target of $367.00.

Shares of OTCMKTS LVMUY opened at $137.84 on Thursday. The company has a quick ratio of 0.95, a current ratio of 1.55 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $347.88 billion, a price-to-earnings ratio of 43.21 and a beta of 0.82. The stock’s fifty day simple moving average is $131.96 and its 200 day simple moving average is $118.43. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 52-week low of $70.00 and a 52-week high of $138.38.

The firm also recently announced a dividend, which will be paid on Friday, May 7th. Stockholders of record on Thursday, April 15th will be given a $2.0272 dividend. This represents a dividend yield of 1.5%. The ex-dividend date is Wednesday, April 14th. This is a boost from LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s previous dividend of $0.31. LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s dividend payout ratio (DPR) is 25.08%.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Company Profile

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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