LVMH Moët Hennessy - Louis Vuitton, Société Européenne Forecasted to Post FY2024 Earnings of $6.99 Per Share (OTCMKTS:LVMUY)

LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTCMKTS:LVMUY - Free Report) - Equities research analysts at Telsey Advisory Group reduced their FY2024 earnings per share (EPS) estimates for LVMH Moët Hennessy - Louis Vuitton, Société Européenne in a report issued on Thursday, April 11th. Telsey Advisory Group analyst D. Telsey now forecasts that the company will earn $6.99 per share for the year, down from their previous forecast of $7.15. The consensus estimate for LVMH Moët Hennessy - Louis Vuitton, Société Européenne's current full-year earnings is $6.98 per share. Telsey Advisory Group also issued estimates for LVMH Moët Hennessy - Louis Vuitton, Société Européenne's FY2025 earnings at $7.48 EPS.

Several other equities research analysts also recently weighed in on the company. Barclays raised LVMH Moët Hennessy - Louis Vuitton, Société Européenne from an "equal weight" rating to an "overweight" rating in a research report on Tuesday, March 26th. HSBC downgraded LVMH Moët Hennessy - Louis Vuitton, Société Européenne from a "buy" rating to a "hold" rating in a research report on Tuesday, February 6th. Four 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, LVMH Moët Hennessy - Louis Vuitton, Société Européenne presently has a consensus rating of "Hold".

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Trading Down 3.3 %

Shares of OTCMKTS LVMUY traded down $5.71 on Friday, hitting $165.41. The company had a trading volume of 157,589 shares, compared to its average volume of 200,579. LVMH Moët Hennessy - Louis Vuitton, Société Européenne has a 12-month low of $138.11 and a 12-month high of $200.76. The business has a 50 day moving average of $179.02 and a two-hundred day moving average of $161.51. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.32 and a quick ratio of 0.63.

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Increases Dividend

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

About LVMH Moët Hennessy - Louis Vuitton, Société Européenne

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.