The support at 277.2 EUR, which is currently being tested, should allow LVMH Moët Hennessy Vuitton SE shares to move back to the upside. Investors have an opportunity to buy the stock and target the € 330.
The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
The company has solid fundamentals for a short-term investment strategy.
LVMH Moët Hennessy Vuitton SE accounts for 5.07 % of our European Portfolio. A trade is currently open since 02/28/2018 with a purchase price of € 246.30. Discover the other 19 stocks of the European portfolio managed by the 4-traders portfolio management team.
Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
Predictions on business development from analysts polled by Thomson-Reuters are tight. This results from either a good visibility into core activities or accurate earnings releases.
Historically, the company has been releasing figures that are above expectations.
Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
Analysts covering this company mostly recommend stock overweighting or purchase.
Within the weekly time frame the stock shows a bullish technical configuration above the support level at 258.15 EUR
The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.
The company's enterprise value to sales, at 3.32 times its current sales, is high.
The firm trades with high earnings multiples: 25.39 times its 2018 earnings per share.