FY2024 EPS Estimates for LVMH Moët Hennessy – Louis Vuitton, Société Européenne Decreased by Analyst (OTCMKTS:LVMUY)

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) – Analysts at Telsey Advisory Group dropped their FY2024 earnings per share (EPS) estimates for shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a research note issued to investors on Thursday, April 11th. Telsey Advisory Group analyst D. Telsey now anticipates that the company will post earnings of $6.99 per share for the year, down from their prior forecast of $7.15. The consensus estimate for LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s current full-year earnings is $6.98 per share. Telsey Advisory Group also issued estimates for LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s FY2025 earnings at $7.48 EPS.

A number of other research analysts have also issued reports on LVMUY. HSBC lowered LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “buy” rating to a “hold” rating in a research report on Tuesday, February 6th. Barclays raised LVMH Moët Hennessy – Louis Vuitton, Société Européenne from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, March 26th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, LVMH Moët Hennessy – Louis Vuitton, Société Européenne currently has a consensus rating of “Hold”.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Trading Down 3.3 %

Shares of LVMUY stock opened at $165.41 on Friday. The company has a current ratio of 1.32, a quick ratio of 0.63 and a debt-to-equity ratio of 0.18. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 1 year low of $138.11 and a 1 year high of $200.76. The stock has a fifty day moving average of $178.96 and a two-hundred day moving average of $161.61.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, May 10th. Stockholders of record on Monday, April 22nd will be given a dividend of $1.6107 per share. The ex-dividend date of this dividend is Friday, April 19th. This is a positive change from LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s previous dividend of $1.20.

About LVMH Moët Hennessy – Louis Vuitton, Société Européenne

LVMH Moët Hennessy – Louis Vuitton, Société Européenne operates as a luxury goods company worldwide. The company offers wines, and spirits under the domaine des Lambrays, Château d'Yquem, Dom Pérignon, Ruinart, Moët & Chandon, Hennessy, Veuve Clicquot, Château Galoupet, Ardbeg, Château Cheval Blanc, Glenmorangie, Krug, Mercier, Chandon, Joseph Phelps, Newton Vineyard, Cloudy Bay, Belvedere, Colgin Cellars,Terrazas de los Andes, Bodega Numanthia, Cheval des Andes, Woodinville, Ao Yun, Clos19, Volcan de mi Tierra, and Eminente brands; and fashion and leather products under the Loewe, Moynat, Louis Vuitton, Berluti, RIMOWA, Patou, Loro Piana, FENDI, Celine, Christian Dior, Emilio Pucci, Givenchy, Kenzo, and Marc Jacobs brands.