The Estée Lauder Companies Inc. (EL)
| Market Cap | 51.77B |
| Revenue (ttm) | 15.16B |
| Net Income (ttm) | 467.00M |
| Shares Out | 358.47M |
| EPS (ttm) | 1.30 |
| PE Ratio | 111.08 |
| Forward PE | 40.34 |
| Dividend | $2.64 (1.83%) |
| Ex-Dividend Date | Feb 28, 2024 |
| Volume | 2,321,822 |
| Open | 144.00 |
| Previous Close | 144.81 |
| Day's Range | 143.77 - 145.17 |
| 52-Week Range | 102.22 - 260.46 |
| Beta | 1.07 |
| Analysts | Buy |
| Price Target | 165.92 (+14.9%) |
| Earnings Date | May 1, 2024 |
About EL
The Estée Lauder Companies Inc. manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as compacts, brushes, and other makeup tools. The company also provides fragrance products in various forms comprising eau de... [Read more]
Financial Performance
In 2023, EL's revenue was $15.91 billion, a decrease of -10.30% compared to the previous year's $17.74 billion. Earnings were $1.01 billion, a decrease of -57.91%.
Financial StatementsAnalyst Forecast
According to 26 analysts, the average rating for EL stock is "Buy." The 12-month stock price forecast is $165.92, which is an increase of 14.90% from the latest price.
News
Estée Lauder Signs Korean Singer and Actress IU as New Global Brand Ambassador
NEW YORK--(BUSINESS WIRE)--Estée Lauder today announced that it has signed acclaimed Korean singer, songwriter and actress, IU, as its newest Global Brand Ambassador. IU will be Estée Lauder's first K...
Estée Lauder Backs $7M Funding Round For This Community Powered Platform
KIKI World, the pioneering beauty company where products are voted in by its community has announced a $7 million funding round.
Dexter King Appointed Senior Vice President, Global General Manager, TOM FORD BEAUTY
NEW YORK--(BUSINESS WIRE)--TOM FORD announced today that Dexter King has been appointed Senior Vice President, Global General Manager, TOM FORD BEAUTY. King will step into this role effective April 1,...
Estée Lauder Stock Gains Another Bull. Asia Improvements Are Key.
Citi analyst Filippo Falorni upgraded shares of cosmetics firm Estée Lauder to Buy from Neutral.
Estee Lauder Gets Analyst Upgrade, Stock Takes Off
Estee Lauder Cos. (EL) shares jumped Thursday after Bank of America Securities (BofA) analysts upgraded the stock and raised their price target for it, saying they see “meaningful growth” ahead for th...
Estée Lauder Launches Clinique On Amazon
Clinique will be the first Estée Lauder brand to be launched on Amazon. It is a major decision for the company who has long been reluctant to recognize any mass merchant retailer –including chain stor...
Clinique Becomes First Estée Lauder Brand on Amazon Premium Beauty
Some Estée Lauder Companies brands will open dedicated storefronts in the U.S. on Amazon's Premium Beauty destination over the coming months. This rollout will start with Clinique, which announced it...
Robbins LLP is Investigating the Officers and Directors of The Estee Lauder Companies Inc. (EL) on Behalf of Shareholders
SAN DIEGO--(BUSINESS WIRE)---- $EL #TheEsteeLauderCompaniesInc--Robbins LLP is Investigating the Officers and Directors of The Estee Lauder Companies Inc. (EL) on Behalf of Shareholders.
Estée Lauder's Slow Progress on China Turnaround a Key Concern for Analysts
Estée Lauder is making slow progress turning around its China business, making what used to be one of its biggest appeals the main source of concern for analysts.
Final Trades: Live Nation, Estee Lauder, Alphabet and Columbia Banking
The Investment Committee share their top stocks for the second half.
What's Next For Estée Lauder Stock After 10% Gains Post Q2 Results?
Estée Lauder (NYSE: EL) reported upbeat Q2'24 results last month (the fiscal year ends in June). The company's revenues stood at $4.3 billion and earnings came in at $0.88, well above the consensus es...
Cancer-causing benzene was found in Clinique, Clearasil, and Target acne products
High levels of cancer-causing chemical benzene were detected in some acne treatments from brands including Estee Lauder‘s Clinique, Target‘s Up & Up, and Reckitt Benckiser-owned Clearasil, said indepe...
The Estée Lauder Companies to Participate in the UBS Global Consumer and Retail Conference
NEW YORK--(BUSINESS WIRE)--Fabrizio Freda, President and Chief Executive Officer, and Jane Hertzmark Hudis, Executive Group President, of The Estée Lauder Companies Inc. (NYSE: EL) will participate in...
Seven criminally undervalued stocks to watch in March 2024: Part one
The stock market is an interesting place at the moment, with some heralding 2024 as the ‘year of equities' and others sure that a United States stock market crash is imminent.
BALMAIN BEAUTY TEASES LUXURY FRAGRANCE EXPERIENCE LAUNCHING SEPTEMBER 2024
PARIS , Feb. 27, 2024 /PRNewswire/ -- BALMAIN BEAUTY unveils "Projet Confidentiel," a campaign teasing the brand's luxury fragrance experience launching September 2024. Ahead of the Balmain fashion sh...
Final Trades: Zoom Video, Estee Lauder, Ulta Beauty and Ebay
Today's ‘Halftime Report' Investment Committee, Stephanie Link, Jason Snipe, Josh Brown and Rob Sechan give their top picks to watch for the second half.
The Estée Lauder Companies to Issue $650.0 Million of Senior Notes
NEW YORK--(BUSINESS WIRE)--The Estée Lauder Companies Inc. (NYSE: EL) today announced the offering and pricing of $650.0 million aggregate principal amount of its 5.000% Senior Notes due 2034. The off...
Estee Lauder CEO Says Beauty Shoppers Increasingly Expect Omnichannel Access
As consumers increasingly expect brands to meet them where they are, be it online or in person, Estée Lauder is seeing rising demand for digital availability. Tracey Travis, the cosmetics company's ex...
Estée Lauder slashing up to 5% of workforce on skittish China demand
A boom following the lifting of pandemic curbs in China never materialized and recent results have indicated mixed luxury demand.
Estee Lauder to lay off up to 5% of workforce
Cosmetics company Estee Lauder announced on Monday that it plans to cut up to 5% of its global workforce in a move that is expected to affect up to 3,000 jobs.
Estée Lauder unveils plan to cut up to 3,100 jobs amid falling sales in Asia
Spending in China, a prime focus for luxury goods makers, under pressure from youth unemployment and lingering property crisis
Estée Lauder to Cut as Many as 3,000 Jobs, Shares Surge
Estée Lauder said it's cutting as many as 3,000 positions as part of a restructuring plan to put one of the world's largest beauty companies back on track. Katie Greifeld reports.
Estée Lauder Hits ‘An Inflection Point.' The Stock Is Soaring.
Estée Lauder lowers its fiscal 2024 earnings outlook, and expanded a profit-recovery plan.
Disappointing Estée Lauder results hint at future layoffs
The Estée Lauder Companies (including brands like Clinique, Bobbi Brown, Too Faced and Estée Lauder itself), announced its Q2 2024 financial results on February 5th.
Estee Lauder's stock soars as profit beats expectations by a wide margin, and as the business has reached ‘an inflection point'
Shares of Estee Lauder Companies EL, -0.43% soared 10.7% in premarket trading Monday, after the beauty-products company reported fiscal second-quarter profit that beat expectations by a wide margin, a...