FY2021 EPS Estimates for LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Lifted by Analyst

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) – Analysts at Jefferies Financial Group raised their FY2021 earnings estimates for LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a research note issued to investors on Tuesday, October 12th. Jefferies Financial Group analyst F. Cereda now forecasts that the company will earn $4.61 per share for the year, up from their previous estimate 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.

Other equities research analysts have also issued research reports about the company. Morgan Stanley reissued an “overweight” rating on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a research note on Tuesday, July 27th. 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. UBS Group restated a “buy” rating on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a report on Wednesday. HSBC upgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “buy” rating in a report on Friday, September 10th. Finally, Stifel Nicolaus upgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “buy” rating in a report on Friday, July 9th. One research analyst has rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $382.00.

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

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.

See Also: Do equity income investments outperform growth and income investments?

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

Receive News & Ratings for LVMH Moët Hennessy - Louis Vuitton Société Européenne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LVMH Moët Hennessy - Louis Vuitton Société Européenne and related companies with MarketBeat.com's FREE daily email newsletter.