FY2022 EPS Estimates for LVMH Moët Hennessy – Louis Vuitton, Société Européenne Lifted by Analyst (OTCMKTS:LVMUY)

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY – Get Rating) – Telsey Advisory Group increased their FY2022 earnings per share (EPS) estimates for LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a research report issued on Tuesday, April 12th. Telsey Advisory Group analyst D. Telsey now anticipates that the company will post earnings of $5.89 per share for the year, up from their previous forecast of $5.68. Telsey Advisory Group also issued estimates for LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s FY2023 earnings at $6.39 EPS.

Other research analysts also recently issued reports about the stock. Morgan Stanley upped their target price on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from €760.00 ($826.09) to €820.00 ($891.30) in a research note on Tuesday, January 18th. Deutsche Bank Aktiengesellschaft upped their target price on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from €680.00 ($739.13) to €700.00 ($760.87) in a research note on Thursday. Zacks Investment Research downgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “buy” rating to a “hold” rating in a research note on Friday, March 25th. Grupo Santander assumed coverage on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a research note on Friday, March 4th. They set an “outperform” rating on the stock. Finally, Royal Bank of Canada increased their price objective on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from €780.00 ($847.83) to €790.00 ($858.70) in a research note on Thursday. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, LVMH Moët Hennessy – Louis Vuitton, Société Européenne has an average rating of “Buy” and a consensus target price of $703.67.

Shares of LVMUY stock opened at $138.10 on Friday. The firm has a fifty day simple moving average of $143.08 and a 200-day simple moving average of $152.96. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.63 and a current ratio of 1.23. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a twelve month low of $119.50 and a twelve month high of $171.91.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Company Profile (Get Rating)

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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