Based on data from September 18, 2023, it has been observed that Estee Lauder Cos has a lower short interest compared to its peers. The average short interest as a percentage of float for Estee Lauder Cos’s peer group is 6.98%. However, the company’s short interest stands at 1.10% with investors selling 2,530,000 shares short. This indicates that there is not a strong pessimistic sentiment surrounding Estee Lauder Cos’s stock. The short interest ratio for EL shares is 1.5, further supporting the notion that there is no significant negativity towards the company’s stock.
The Estée Lauder Companies Inc.
Updated on: 29/11/2023
Debt to equity ratio: Strong Buy
Price to earnings ratio: Strong Buy
Price to book ratio: Strong Buy
DCF: Strong Buy
1:00 AM (UTC)
Date:29 November, 2023
|Analyst / firm||Rating|
Estée Lauder Companies Inc. (EL): Stock Performance, Financials, and Growth Potential
Estée Lauder Companies Inc. (EL) is a leading global manufacturer and marketer of skincare, makeup, fragrance, and hair care products. On September 18, 2023, the stock market opened with EL stock at $155.16, slightly lower than the previous day’s closing price of $155.70. Throughout the day, the stock fluctuated within a range of $153.94 to $155.94. The trading volume for the day was 1,343,542 shares, lower than the average volume of 2,536,671 shares over the past three months.
EL’s market capitalization stood at $55.7 billion, reflecting the company’s strong position in the consumer non-durables sector. Despite facing challenges in the previous year, with a negative earnings growth of -57.66%, EL has shown resilience and is projected to achieve a positive earnings growth of +49.58% this year. Looking ahead, the company’s earnings growth over the next five years is expected to be around +18.00%.
The revenue growth for EL in the past year was -10.50%, indicating a decline in sales. However, the company’s strong brand portfolio and strategic initiatives are likely to drive revenue growth in the coming years. EL’s price-to-earnings (P/E) ratio is 55.3, suggesting that investors are willing to pay a premium for the company’s earnings.
EL’s price/sales ratio is 4.46, indicating that investors are valuing the company at approximately 4.46 times its annual sales. The price/book ratio, which compares the stock’s market value to its book value, is 9.97, suggesting that the stock may be trading at a premium compared to its tangible assets.
On September 18, 2023, EL’s stock performance was relatively stable compared to some of its industry peers. Colgate-Palmolive (CL) experienced a slight increase of +0.93%, while International Flavor and Fragrances (IFF) and Coty Inc (COTY) saw declines of -2.42% and -2.77% respectively.
EL’s next reporting date is scheduled for November 1, 2023. Analysts forecast an earnings per share (EPS) of $1.06 for the current quarter. In the previous year, EL generated annual revenue of $15.9 billion, with a net profit of $1.0 billion. The company’s net profit margin was 6.34%, indicating its ability to generate profits from its operations.
As a leading player in the household/personal care industry, EL has its corporate headquarters in New York, New York. The company’s strong brand portfolio and financial performance demonstrate its competitive position in the market.
In conclusion, despite facing challenges in the previous year, Estée Lauder Companies Inc. has shown signs of recovery with positive earnings growth expected for this year. Investors should closely monitor the company’s financial performance and strategic initiatives to assess its long-term growth potential.
EL Stock Shows Strong Performance with Potential Increase of 23.86%: Estee Lauder Companies Inc Analysis
EL stock, the ticker symbol for Estee Lauder Companies Inc, has been performing well on September 18, 2023, according to data from CNN Money. The stock has been gaining positive attention from analysts and investors, with a median target price of $191.00, representing a potential increase of 23.86% from the last recorded price of $154.21.
Estee Lauder Companies Inc is a multinational manufacturer and marketer of prestige skincare, makeup, fragrance, and hair care products. The company’s strong performance is reflected in its current quarter earnings per share of $1.06 and sales of $4.0 billion. These figures indicate a healthy financial position for the company.
The positive sentiment surrounding EL stock is further reinforced by the consensus among 31 polled investment analysts, who all recommend buying the stock. This rating has remained steady since September, indicating a consistent belief in the company’s potential for growth.
Investors and analysts are optimistic about Estee Lauder Companies Inc’s future performance. The 12-month price forecasts provided by the 27 analysts range from a low estimate of $146.00 to a high estimate of $225.00. The median estimate of $191.00 suggests a significant potential increase in the stock’s value.
Estee Lauder Companies Inc’s strong brand portfolio, which includes well-known brands such as Estee Lauder, Clinique, and MAC, positions the company well in the beauty and personal care industry. The company’s ability to innovate and adapt to changing consumer preferences has contributed to its success.
Investors should keep an eye on Estee Lauder Companies Inc as it approaches its reporting date on November 01. The company’s financial results for the current quarter will provide further insights into its performance and future prospects.
In conclusion, Estee Lauder Companies Inc’s stock performance on September 18, 2023, has been positive, with a median price target of $191.00, representing a potential increase of 23.86%. The consensus among investment analysts is to buy the stock, reflecting confidence in the company’s growth prospects. As the company approaches its reporting date, investors should stay informed about its financial results to make informed investment decisions.