Estee Lauder (EL)

[winston]

not vested

The Estée Lauder Companies Inc. (EL)

The global makeup and beauty name has taken some heat recently thanks to a fiscal 2020 outlook reset.

That being said, one analyst believes that EL’s growth narrative remains strong, with further gains on top of its already achieved 47% year-to-date growth expected.

Part of the concern is related to EL’s 100 basis point reduction in its guidance for global beauty market growth as a whole. This has been blamed on U.S. makeup weakness, as well as some deceleration in China and the travel retail space.

However, Evercore ISI analyst Robert Ottenstein argues that EL has a lot more going for it than the Street realizes. “China actually accelerated (as did the broader Asia-Pacific corridor) supporting the view argued in our initiation, that growth from China will remain stronger for longer than investors appreciate,” he explained.

Ottenstein adds that foundation, or makeup applied to the skin for a more natural look, drove the 4% net makeup sales increase, with skincare sales also ramping up. This is important as skincare margins are 4x higher than makeup and foundations maintain the highest consumer loyalty compared to all other types of makeup.

Bearing this in mind, the analyst reiterated his bullish call and $230 price target, suggesting shares could surge 20% over the next twelve month period. (To watch Ottenstein’s track record, click here)

Looking at the consensus breakdown, 8 Buy ratings vs 3 Holds add up to a ‘Moderate Buy’ analyst consensus. On top of this, its $218 average price target puts the potential twelve-month gain at 14%. (See Estée Lauder stock analysis on TipRanks)

Source: Tip Ranks

[winston]

not vested

The Estée Lauder Companies Inc. (EL)

The global makeup and beauty name has taken some heat recently thanks to a fiscal 2020 outlook reset.

That being said, one analyst believes that EL’s growth narrative remains strong, with further gains on top of its already achieved 47% year-to-date growth expected.

Part of the concern is related to EL’s 100 basis point reduction in its guidance for global beauty market growth as a whole. This has been blamed on U.S. makeup weakness, as well as some deceleration in China and the travel retail space.

However, Evercore ISI analyst Robert Ottenstein argues that EL has a lot more going for it than the Street realizes. “China actually accelerated (as did the broader Asia-Pacific corridor) supporting the view argued in our initiation, that growth from China will remain stronger for longer than investors appreciate,” he explained.

Ottenstein adds that foundation, or makeup applied to the skin for a more natural look, drove the 4% net makeup sales increase, with skincare sales also ramping up. This is important as skincare margins are 4x higher than makeup and foundations maintain the highest consumer loyalty compared to all other types of makeup.

Bearing this in mind, the analyst reiterated his bullish call and $230 price target, suggesting shares could surge 20% over the next twelve month period. (To watch Ottenstein’s track record, click here)

Looking at the consensus breakdown, 8 Buy ratings vs 3 Holds add up to a ‘Moderate Buy’ analyst consensus. On top of this, its $218 average price target puts the potential twelve-month gain at 14%. (See Estée Lauder stock analysis on TipRanks)

Source: Tip Ranks

[investar]

According to GS, EL is GARP and poised to do well in 2020

https://www.barrons.com/articles/2020-a ... yptr=yahoo

[winston]

not vested

Oppenheimer Stick to Their Buy Rating for The Estée Lauder Companies

Oppenheimer analyst Rupesh Parikh maintained a Buy rating on The Estée Lauder Companies (NYSE:EL) on Thursday, setting a price target of $240, which is approximately 12.52% above the present share price of $213.29.

Parikh expects The Estée Lauder Companies to post earnings per share (EPS) of -$0.02 for the third quarter of 2020.

The current consensus among 13 TipRanks analysts is for a Moderate Buy rating of shares in The Estée Lauder Companies, with an average price target of $205.5.

The analysts price targets range from a high of $240 to a low of $156.

In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $3.35 billion and a net profit of $479 million. The company's market cap is $76.5 billion.

The Estée Lauder Companies, Inc. engages in the manufacturing of skin care, makeup, fragrance and hair care products. It sells products under the following brand names: Estée Lauder, Clinique, Origins, MžAžC, Bobbi Brown, La Mer, Jo Malone London, Aveda, and Too Faced.

Its channels primarily consist of department stores, specialty multi-brand retailers, upscale perfumeries and pharmacies, and prestige salons and spas.

The company was founded by Estée Lauder and Joseph Lauder in 1946 and is headquartered in New York, NY.

Oppenheimer Stick to Their Buy Rating for The Estée Lauder Companies

Source: investing.com

https://www.investing.com/news/oppenhei ... es-2272039

[winston]

not vested

Estee Lauder Swings to Loss and Cuts Up to 3% of Jobs

Estee Lauder swung to a wider-than-expected fourth-quarter loss and expects to cut as many as 2,000, or 3%, of its jobs worldwide.

by ROB LENIHAN

Estee Lauder reported a net loss of $462 million, or $1.28 a share, compared with net income of $157 million, or 43 cents, in the year-earlier quarter.

Sales totaled $2.43 billion, down from $3.59 billion a year earlier and short of FactSet's forecast of $2.45 billion, as Covid-19 forced store closings worldwide.

During the pandemic, the demand for skin-care and hair-care products has been more resilient than the demand for makeup and fragrance.

The company also said it expected to close 10% to 15% of its freestanding stores globally, as well as certain less-productive department-store counters.

Source: The Street

https://www.thestreet.com/investing/est ... 25+of+Jobs

[winston]

not vested

SHARES OF THIS WELL-KNOWN COSMETICS TITAN ARE SOARING

Estée Lauder (EL) is a $105 billion global cosmetics giant. It boasts more than 25 prestige brands of makeup, skincare, fragrance, and hair-care products.

While the COVID-19 pandemic has hit retail hard, Estée Lauder's revenue rose 5% year over year in the most recent quarter.

Estée Lauder's president largely attributes this growth to the company's hero products and brand messaging...

Plus, the company's virtual try-on and video-chat services are working to give loyal customers the ultimate online-shopping experience.

As you can see, EL has soared more than 90% from its mid-March lows. They've also recently hit a fresh all-time high. This is more proof that investing in powerful brands can lead to big gains...

Source: Daily Wealth

[winston]

not vested

Estee Lauder Co (EL)

Another company that is set to benefit from demand recovery is Estee Lauder. The company is the manufacturer and marketer of a range of skincare, makeup and haircare products.

EL stock has already seen an impressive run this year, rising from $250 to $303. However, evidence points to greater upside for the company in the coming months, making it a good recovery play.

In its most recent earnings report, EL stock saw its revenue jump to $3.86 billion from $3.35 billion a year ago.

Earnings came in at $456 million in Q3 versus -$6 million last year signaling a strong rebound.

EPS was also up significantly from $-0.02 to $1.25.

The pandemic put a wrench in the company’s bottom line as sales of makeup and fragrances- two of the company’s core products came to a standstill.

As in-store shopping picks up and life returns to normal in the second half of the year, there is good reason to believe that Estee Lauder will add to its gains.

Luxury stocks like this one are a strong recovery play worth buying into.

Source: Investor Place

[winston]

not vested

LOYAL CUSTOMERS BOOST SHARES OF THIS COSMETICS GIANT

Today's chart shows a strong brand in action...

Customers usually stick with the brands they trust, even if it means paying more for their favorite products. Today's company shows the strength behind a popular name...

Estée Lauder (EL) is a $120 billion global cosmetics giant. It boasts more than 25 prestige brands of makeup, skincare, fragrance, and more. These include its own brands – like Estée Lauder and Clinique – plus designer names like Michael Kors and Tommy Hilfiger it uses under license.

Makeup and perfume aren't one-time purchases – loyal customers have to keep buying more and more from their favorite high-end brands. Sales hit $3.9 billion in the most recent quarter – up 16% year over year.

As you can see, EL shares have soared more than 250% over the last five years. And they just hit a fresh all-time high. This is more proof that investing in a well-known brand can lead to huge gains...

Source: Daily Wealth

[winston]

not vested

Estee Lauder (EL)

RSI: 20.15

Estee Lauder is the world’s leading beauty company.

Its four segments — skin care, makeup, fragrance and hair care — generated $16.22 billion in sales in fiscal 2021. That was 11% higher on a constant-currency basis.

Leading the charge was Estee Lauder’s largest sector, skin care. It accounted for 58% of its overall sales. The segment saw sales increase by 25% in 2021.

Skin care operating profits increased by 43% in fiscal 2021 to $3.04 billion. No other segment came anywhere close when it comes to profitable growth in 2021.

In 2022, it expects to grow by 14.5% at the midpoint of its full-year guidance. Organic sales are projected to be 10.5% at the midpoint. Excluding one-time items, it expects earnings per share of $7.30 at the midpoint.

While EL stock is not cheap at 43 times its forward sales, you have to pay more for quality. This is one stock you can’t miss buying on the dip. Very few chances like this come along.

Source: Investor Place

[winston]

not vested

Estee Lauder (EL) Q3 Earnings Miss Estimates

Estee Lauder (EL) came out with quarterly earnings of $0.47 per share, missing the Zacks Consensus Estimate of $0.49 per share.

Posted revenues of $3.75 billion for the quarter ended March 2023, surpassing the Zacks Consensus Estimate by 0.93%. This compares to year-ago revenues of $4.25 billion.

Source: Zacks

https://finance.yahoo.com/news/estee-la ... 12283.html