Telsey Advisory Group Equities Analysts Reduce Earnings Estimates for LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY)

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) – Equities researchers at Telsey Advisory Group decreased their FY2024 earnings 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 previous forecast 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.

Several other equities research analysts have also issued reports on the stock. Barclays raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from an “equal weight” rating to an “overweight” rating in a report on Tuesday, March 26th. HSBC lowered shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “buy” rating to a “hold” rating in a report on Tuesday, February 6th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Stock Performance

Shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne stock opened at $168.18 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.32 and a quick ratio of 0.63. The company’s fifty day moving average price is $178.86 and its two-hundred day moving average price is $162.33. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 52-week low of $138.11 and a 52-week high of $200.76.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, May 10th. Investors of record on Monday, April 22nd will be given a dividend of $1.6107 per share. This is an increase from LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s previous dividend of $1.20. The ex-dividend date 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.