FY2022 EPS Estimates for LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Reduced by Jefferies Financial Group

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUYGet Rating) – Stock analysts at Jefferies Financial Group cut their FY2022 EPS estimates for LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a research note issued to investors on Monday, June 20th. Jefferies Financial Group analyst F. Cereda now forecasts that the company will post earnings of $5.69 per share for the year, down from their prior forecast of $5.78. The consensus estimate for LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s current full-year earnings is $5.98 per share. Jefferies Financial Group also issued estimates for LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s FY2023 earnings at $6.32 EPS and FY2024 earnings at $6.94 EPS.

A number of other equities analysts also recently commented on the stock. UBS Group reduced their target price on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from €826.00 ($869.47) to €723.00 ($761.05) and set a “buy” rating on the stock in a research note on Tuesday, June 7th. Barclays lifted their price target on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from €815.00 ($857.89) to €830.00 ($873.68) and gave the company an “overweight” rating in a research report on Tuesday, May 3rd. Grupo Santander assumed coverage on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a research report on Friday, March 4th. They set an “outperform” rating for the company. Deutsche Bank Aktiengesellschaft lifted their price target on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from €680.00 ($715.79) to €700.00 ($736.84) in a research report on Thursday, April 14th. Finally, Kepler Capital Markets upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “buy” rating in a research report on Tuesday, June 14th. One equities research analyst has rated the stock with a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $798.00.

Shares of LVMUY stock opened at $113.72 on Tuesday. The company has a quick ratio of 0.63, a current ratio of 1.23 and a debt-to-equity ratio of 0.25. The firm’s 50-day moving average is $125.46 and its two-hundred day moving average is $142.65. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 12 month low of $112.04 and a 12 month high of $171.91.

The firm also recently disclosed a dividend, which was paid on Friday, May 13th. Investors of record on Monday, April 25th were issued a $1.255 dividend. This represents a dividend yield of 1.3%. The ex-dividend date was Friday, April 22nd.

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

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

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

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