LVMH Moët Hennessy – Louis Vuitton, Société Européenne Forecasted to Post FY2021 Earnings of $4.61 Per Share (OTCMKTS:LVMUY)

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) – Investment analysts at Jefferies Financial Group raised their FY2021 earnings per share (EPS) estimates for shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a research report issued on Tuesday, October 12th. Jefferies Financial Group analyst F. Cereda now anticipates that the company will earn $4.61 per share for the year, up from their previous forecast of $4.43. Jefferies Financial Group also issued estimates for LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s FY2022 earnings at $5.38 EPS and FY2023 earnings at $6.11 EPS.

Several other brokerages have also commented on LVMUY. Berenberg Bank reissued a “buy” rating on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a research note on Wednesday, July 14th. HSBC raised LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “buy” rating in a research note on Friday, September 10th. Royal Bank of Canada reissued an “outperform” rating on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a research note on Tuesday, July 27th. Credit Suisse Group reissued an “outperform” rating on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a research note on Thursday, September 23rd. Finally, UBS Group reaffirmed a “buy” rating on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a research note on Wednesday. One research analyst has rated the stock with a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $382.00.

Shares of OTCMKTS:LVMUY opened at $152.12 on Thursday. The business’s 50 day simple moving average is $151.81 and its 200-day simple moving average is $153.36. The firm has a market capitalization of $383.92 billion, a price-to-earnings ratio of 71.42 and a beta of 0.84. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.58 and a quick ratio of 1.06. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 12 month low of $93.00 and a 12 month high of $168.06.

About LVMH Moët Hennessy – Louis Vuitton, Société Européenne

LVMH Moët Hennessy Louis Vuitton SE engages in the manufacture of luxury goods. It operates through the following business segments: Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, Selective Retailing, and Other Activities & Eliminations. The Wines & Spirits segment produces and sells high quality champagne wines and sparkling wines.

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

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