FY2024 EPS Estimates for LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Reduced by Telsey Advisory Group

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) – Equities researchers at Telsey Advisory Group decreased their FY2024 EPS estimates for shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a research report issued to clients and investors on Tuesday, April 16th. Telsey Advisory Group analyst D. Telsey now anticipates that the company will earn $6.81 per share for the year, down from their prior estimate of $6.99. The consensus estimate for LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s current full-year earnings is $6.92 per share. Telsey Advisory Group also issued estimates for LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s FY2025 earnings at $7.38 EPS.

A number of other equities analysts have also recently weighed in on LVMUY. Barclays raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, March 26th. HSBC cut shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “buy” rating to a “hold” rating in a research note on Tuesday, February 6th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold”.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Trading Down 0.3 %

Shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne stock opened at $170.18 on Friday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.63 and a current ratio of 1.32. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a one year low of $138.11 and a one year high of $200.76. The firm has a fifty day moving average of $179.00 and a two-hundred day moving average of $162.20.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, May 10th. Investors of record on Monday, April 22nd will be paid a $1.6107 dividend. This is a boost from LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s previous dividend of $1.20. The ex-dividend date of this dividend is Friday, April 19th.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Company Profile

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.