FY2024 Earnings Estimate for LVMH Moët Hennessy – Louis Vuitton, Société Européenne Issued By Telsey Advisory Group (OTCMKTS:LVMUY)

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) – Telsey Advisory Group lowered their FY2024 EPS estimates for shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a research note issued on Tuesday, October 15th. Telsey Advisory Group analyst D. Telsey now forecasts that the company will post earnings of $6.12 per share for the year, down from their prior estimate of $6.44. The consensus estimate for LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s current full-year earnings is $6.52 per share. Telsey Advisory Group also issued estimates for LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s FY2025 earnings at $6.59 EPS.

A number of other analysts have also recently commented on the company. Citigroup upgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research report on Friday, October 11th. TD Cowen raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research report on Thursday, October 10th. Three investment analysts have rated the stock with a hold rating, one has given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Price Performance

OTCMKTS LVMUY opened at $130.30 on Thursday. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 1-year low of $125.00 and a 1-year high of $191.63. The business’s fifty day moving average price is $142.69 and its 200-day moving average price is $153.83.

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.