Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Euronext Paris  >  LVMH Mot Hennessy - Louis Vuitton SE    MC   FR0000121014

LVMH MOT HENNESSY - LOUIS VUITTON SE

(MC)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

LVMH Mot Hennessy Louis Vuitton : Perfect Diary parent's shares soar in U.S. debut

11/19/2020 | 12:39pm EST

Nov 19 (Reuters) - Shares of Yatsen Holding Ltd, the parent company of China-based beauty unicorn Perfect Diary, jumped 66% in their U.S. market debut on Thursday, adding to a host of blockbuster initial public offerings (IPOs) this year.

The firm's shares opened at $17.51 per American depositary share (ADS), well above the IPO price of $10.50 per ADS.

Earlier in the session, Yatsen had priced its offering of 58.75 million ADSs on the New York Stock Exchange at the top-end of its range of $8.50 to $10.50 per ADS, raising $617 million.

Founded in 2016, Yatsen has launched three fast-growing, cosmetics and skincare brands — Perfect Diary, Little Ondine, and Abby's Choice.

With chat groups, video streams and low prices for foundation, Perfect Diary emerged out of nowhere four years ago to become a cosmetics giant for the digital age, trailing only L'Oreal SA and LVMH in the world's No. 2 market for make-up.

As of Sept. 30, Yatsen had more than 200 stores across China, an increase from 40 stores at the end of 2019.

"The core focus is still the domestic market in the next three to five years expand," said Yatsen CEO Huang Jinfeng. "We will fund research and development, manufacturing, and looking to open 600 to 1,000 stores."

Yatsen is backed by Hillhouse Capital, Sequoia Capital, Tiger Global Management, Boyu Capital and Chinese Culture Group.

Yatsen's IPO comes at a time when U.S.-listed Chinese companies are facing tightened scrutiny and strict audit requirements from U.S. regulators.

Sentiment toward Chinese firms among U.S. investors has also been hit by the fallout from Luckin Coffee Inc. The coffee chain, which was listed on the Nasdaq, earlier this year disclosed that some of its employees fabricated sales accounts.

Goldman Sachs, Morgan Stanley and CICC are the lead underwriters of Yatsen's IPO. (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Amy Caren Daniel and Maju Samuel)


Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
L'ORÉAL 0.58% 296.3 Real-time Quote.-4.67%
LVMH MOËT HENNESSY - LOUIS VUITTON SE 0.77% 511.5 Real-time Quote.0.12%
All news about LVMH MOT HENNESSY - LOUIS VUITTON SE
01/21LVMH MOËT HENNESSY LOUIS VUITTON : completes the acquisition of Tiffany & Co.
AQ
01/21LVMH MOËT HENNESSY - LOUIS VUITTON S : annual earnings release
01/20EUROPE : Wall Street bounce, upbeat earnings lift European stocks
RE
01/20ANALYSIS : Europe Inc earnings in no man's land between recession and recovery
RE
01/20China's appetite for Cartier boosts Richemont sales
RE
01/20Wall St bounce, upbeat earnings lift European stocks
RE
01/19EXCLUSIVE : Qatar fund put pandemic bets on distressed debt, high-grade bonds - ..
RE
01/18European stocks end higher as Stellantis, luxury stocks jump
RE
01/18LVMH : Deutsche Bank reiterates its Neutral rating
MD
01/15Earnings season to test surge in regional banks stocks
RE
More news
Financials
Sales 2020 44 964 M 54 716 M 54 716 M
Net income 2020 4 144 M 5 043 M 5 043 M
Net Debt 2020 12 537 M 15 256 M 15 256 M
P/E ratio 2020 63,9x
Yield 2020 0,88%
Capitalization 257 B 313 B 313 B
EV / Sales 2020 6,00x
EV / Sales 2021 4,93x
Nbr of Employees 163 309
Free-Float 51,8%
Chart LVMH MOT HENNESSY - LOUIS VUITTON SE
Duration : Period :
LVMH Mot Hennessy - Louis Vuitton SE Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends LVMH MOT HENNESSY - LOUIS VUITTON SE
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 28
Average target price 523,80 €
Last Close Price 511,50 €
Spread / Highest target 27,1%
Spread / Average Target 2,40%
Spread / Lowest Target -45,1%
EPS Revisions
Managers and Directors
NameTitle
Bernard Arnault Chairman & Chief Executive Officer
Antonio Federico Belloni Group Managing Director & Director
Jean-Jacques Guiony Chief Financial Officer
Delphine Arnault-Gancia Director
Antoine Arnault Director
Sector and Competitors
1st jan.Capitalization (M$)
LVMH MOËT HENNESSY - LOUIS VUITTON SE0.12%313 412
LULULEMON ATHLETICA INC.-0.48%45 145
VF CORPORATION-1.45%32 706
LI NING COMPANY LIMITED-5.25%16 111
MONCLER S.P.A.-2.93%14 975
LEVI STRAUSS & CO.3.59%8 261