Estee Lauder Companies Inc. (The) ($EL) Stock Forecast: Down 7.0% Today

What is Estee Lauder Companies Inc. (The)?

Estée Lauder Companies Inc (NYSE: EL) is a multinational manufacturer and marketer of prestige skincare, makeup, fragrance, and hair care products. The company operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions.

Why is Estee Lauder Companies Inc. (The) going down?

EL stock is down 7.0% on Aug 20, 2024 17:25

• Estée Lauder's stock (EL) faced a notable decline after its Q4 results were below expectations, along with a diminished outlook for FY25 EPS.
• Observers point to upcoming challenges for the company due to weakened demand in key markets, decreasing sales in department stores, and a slowdown in China.
• The announcement of the President and CEO's retirement scheduled for June 2025 brought uncertainty about future company leadership.
• Market reaction was negative following the company's revised projections for FY25 adjusted EPS and organic revenue growth, resulting in a considerable stock price decrease.

EL Price Chart

EL News

Estée Lauder Delivers Mixed Q4 Results, Analysts Note Transition Year Ahead

Estée Lauder Companies Inc (NYSE: EL ) shares tanked in early trading on Tuesday, after the company reported results for its fiscal fourth quarter . The results came amid an exciting earnings season . Here are some key analyst takeaways. Goldman Sachs On Estée Lauder Companies Analyst Bonnie Herzog maintained a Neutral rating while cutting the price target from $115 to $100. Estée Lauder reported quarterly results that were "generally fine, with organic growth of +8%, slightly ahead of expectations as EMEA''s robust growth (driven by its global travel retail business) was partly offset by weakness across Americas (on slower end-market demand and declines in dept stores) and in APAC (led by China softness)," Herzog said in a note. "Importantly, prestige beauty industry sales trends in Mainland China further weakened," with consumer confidence remaining subdued, the analyst stated. He added, however, that management noted share gains in mainland China, driven by La Mer and Estée Lauder skincare offerings.

https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40467964/est-e-lauder-delivers-mixed-q4-results-analysts-note-transition-year-ahead

These Analysts Slash Their Forecasts On Estee Lauder Following Q4 Results

Estee Lauder Companies Inc (NYSE: EL ) reported upbeat fourth-quarter results, but issued worse-than-expected FY25 EPS outlook on Monday. The company reported sales growth of 7% Y/Y to $3.87 billion, beating the analyst consensus estimate of $3.83 billion. Estee Lauder’s operating loss was $233 million, compared to a $5 million loss last year. Adjusted EPS of 64 cents beat the analyst consensus estimate of 27 cents. Estée Lauder announced that President and CEO Fabrizio Freda will retire at the end of FY25. The company said its Board is well advanced in its CEO succession planning process, considering internal and external candidates. Estee Lauder expects an FY25 adjusted EPS outlook of $2.75-$2.95 (vs. consensus of $4.02) and organic & reported revenue growth (1)% to 2%. … Full story available on Benzinga.com

https://www.benzinga.com/news/earnings/24/08/40459314/these-analysts-slash-their-forecasts-on-estee-lauder-following-q4-results

Palo Alto Networks To Rally More Than 16%? Here Are 10 Top Analyst Forecasts For Tuesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Rosenblatt raised the price target for Fabrinet (NYSE: FN ) from $260 to $280. Rosenblatt analyst Mike Genovese maintained a Buy rating. Fabrinet shares gained 0.2% to close at $231.55 on Monday. See how other analysts view this stock. Telsey Advisory Group cut the price target for The Estée Lauder Companies Inc . (NYSE: EL ) from $115 to $105. Telsey Advisory Group analyst Dana Telsey maintained a Market Perform rating. Estée Lauder shares fell 2.2% to close at $92.85 on Monday. See how other analysts view this stock. B of A Securities cut Liquidia Corporation (NASDAQ: LQDA ) price target from $24 to $23. B of A Securities analyst Greg Harrison maintained a Buy rating. Liquidia shares dipped 30.6% to close at $9.79 on Monday. See how other analysts view this stock. Keybanc boosted the price target for Palo Alto Networks, Inc .

https://www.benzinga.com/news/24/08/40459011/palo-alto-networks-to-rally-more-than-16-here-are-10-top-analyst-forecasts-for-tuesday

Beauty boss steps down from Estee Lauder

Fabrizio Freda will step down in June 2025 but continue to lead the company until a replacement is found.

https://www.dailymail.co.uk/money/markets/article-13760529/Beauty-boss-steps-Estee-Lauder.html?ito=1490&ns_campaign=1490&ns_mchannel=rss

The Estee Lauder Companies Inc (EL) Q4 2024 Earnings Call Transcript Highlights: Strong Q4 ...

The Estee Lauder Companies Inc (EL) Q4 2024 Earnings Call Transcript Highlights: Strong Q4 Performance Amidst Full-Year Challenges

https://www.gurufocus.com/news/2506194/the-estee-lauder-companies-inc-el-q4-2024-earnings-call-transcript-highlights-strong-q4-performance-amidst-fullyear-challenges

Trending Today

Hims & Hers Health Inc. ($HIMS) Stock Forecast: Down 5.3% Today

FedEx Corporation ($FDX) Stock Forecast: Down 15.5% Today

Pendle ($PENDLE) Crypto Forecast: Up 6.0% Today

Robinhood Inc. ($HOOD) Stock Forecast: Down 5.0% Today

Affirm Holdings Inc. ($AFRM) Stock Forecast: Down 5.9% Today

Tilray Inc. ($TLRY) Stock Forecast: Down 5.1% Today

GameStop Corp. ($GME) Stock Forecast: Up 6.2% Today

Solana ($SOL) Crypto Forecast: Up 5.1% Today

Ethereum ($ETH) Crypto Forecast: Up 5.0% Today

Tyson Foods Inc. ($TSN) Stock Forecast: Down 3.2% Today

Estee Lauder Companies Inc. (The) Price History

19.06.2024 - EL Stock was down 5.1%

• The stock of Estée Lauder Companies (EL) experienced a strong bearish movement today.
• Despite positive financial results with beating adjusted earnings per share estimates, the share price dropped sharply.
• The announcement of Tracey T. Travis, the Executive Vice President and Chief Financial Officer, retiring in 2025 might have caused uncertainty among investors, leading to the bearish trend.
• The focus on BEAUTY&YOU India 2024 initiative, while positive for the company's long-term growth, may not have provided immediate reassurance to investors, contributing to the downward movement in the stock price.

20.07.2024 - EL Stock was down 7.0%

• Estée Lauder's stock (EL) faced a notable decline after its Q4 results were below expectations, along with a diminished outlook for FY25 EPS.
• Observers point to upcoming challenges for the company due to weakened demand in key markets, decreasing sales in department stores, and a slowdown in China.
• The announcement of the President and CEO's retirement scheduled for June 2025 brought uncertainty about future company leadership.
• Market reaction was negative following the company's revised projections for FY25 adjusted EPS and organic revenue growth, resulting in a considerable stock price decrease.

20.07.2024 - EL Stock was down 5.1%

• The company reported upbeat fourth-quarter results but issued a worse-than-expected FY25 EPS outlook, leading to a negative sentiment among analysts and investors.
• The announcement of President and CEO Fabrizio Freda's retirement in 2025 might have added uncertainty and concerns about the company's future leadership.
• Analysts cutting price targets for Estee Lauder, such as Telsey Advisory Group reducing it from $115 to $105, could have contributed to the bearish trend as it signals reduced confidence in the stock's performance.
• The overall market reaction seems to be influenced by a combination of disappointing financial outlook, leadership transition news, and analyst downgrades, leading to a bearish sentiment towards Estee Lauder's stock.

28.02.2024 - EL Stock was up 7.4%

• Estée Lauder's stock surged today due to an analyst upgrade, indicating growing confidence in the company's performance and potential in the beauty industry.
• The positive momentum in luxury stocks, particularly those benefiting from China's economic recovery, also contributed to EL's bullish movement.
• The shift in consumer behavior towards domestic luxury purchases in China, likely boosted investor optimism regarding Estée Lauder's growth prospects in key markets.
• Overall, the combination of favorable analyst sentiment, broader market trends in the luxury sector, and specific growth indicators in China's luxury market propelled Estée Lauder's stock to a strong bullish performance today.

12.05.2024 - EL Stock was down 0.7%

• EL secured a new $2.5 billion credit line, indicating potential expansion or strategic investments, though the market perceived this as a sign of financial distress, leading to a bearish sentiment.
• The market trend of buying stocks on the dip before rebounding could have driven investors to sell EL shares, anticipating a temporary downturn in the company's performance.
• The lack of small-cap share participation in the market rally and underperformance in sectors like healthcare may have contributed to the negative sentiment around EL, with investors seeking more promising opportunities.
• The bearish movement in EL's stock price today could be influenced by various factors, including market trends, investor sentiment, and concerns about the company's financial decisions.

28.02.2024 - EL Stock was up 7.9%

• Estee Lauder's stock surged by 5% following an analyst upgrade, indicating positive sentiment towards the company's future prospects.
• The overall market is experiencing a bullish trend, with stocks set to close a blowout week, month, and quarter at all-time highs, contributing to the positive momentum for Estee Lauder.
• The analyst calls and premarket movements further supported the bullish sentiment for Estee Lauder, aligning with the broader market optimism.
• The news about the emerging markets fund manager not investing in emerging markets but rather in companies like Estee Lauder reflects the attractiveness and potential growth of established companies in developed nations, potentially boosting investor confidence in Estee Lauder's stock.

18.03.2024 - EL Stock was up 5.0%

• A financial institution maintains an overweight rating on Estee Lauder with a target price of $175, suggesting optimism about the stock's performance.
• Upward adjustments to the stock target are linked to perceived signs of market improvement in a specific country, pointing to potential growth possibilities for Estee Lauder in a crucial market.
• Notable options trading activities by savvy investors, showing a combination of positive and negative sentiments, might signal uncertainty or expected fluctuations in the stock.
• The positive movement in Estee Lauder's stock today appears to be driven by favorable analyst projections and market anticipations of recovery and expansion in important markets.

28.02.2024 - EL Stock was up 5.7%

• Estee Lauder (EL) stock experienced a strong bullish movement today.
• The overall market sentiment was positive with stocks set to close a blowout week, month, and quarter at all-time highs, indicating a bullish trend in the market.
• Factors contributing to EL's bullish movement could include:
• Analyst calls favoring beauty stocks, such as Estee Lauder, for potential gains in the beauty industry.
• The beauty industry's growth potential as consumers may have more disposable income to spend on luxury beauty products.
• Positive market conditions and record-high stock levels across various sectors, including beauty stocks like Estee Lauder.

28.05.2024 - EL Stock was down 5.5%

• Today, Estee Lauder Companies Inc. (EL) experienced a decline in its stock price, potentially due to significant bearish options activity by large investors who showed a preference for puts over calls.
• The introduction of The Catalysts program by ELC's New Incubation Ventures (NIV) in partnership with TikTok may have raised doubts or hesitation among investors, leading to a negative outlook on the stock.
• Presently, the investment community appears to approach long-term stocks and S&P 500 companies with caution, actively seeking undervalued opportunities while contemplating broader market uncertainties like inflation, interest rates, and geopolitical risks.
• The bearish shift in Estee Lauder Companies Inc.'s stock price today could be influenced by the combination of bearish options activity, market uncertainty, and the recent launch of a new initiative by the company.

13.07.2024 - EL Stock was up 5.4%

• The stock of Estée Lauder (EL) experienced a strong bullish movement.
• The anticipation of the fiscal 2024 fourth quarter and full-year results, along with the appointment of Rashida La Lande as Executive Vice President and General Counsel, likely contributed to the positive market sentiment.
• The expectation of earnings growth and the potential positive impact of the upcoming earnings report on the stock price might have fueled investor optimism.
• Despite recent market challenges that led to a 52-week low, the strategic corporate developments and positive outlook seem to have instilled confidence in investors, driving the bullish movement in EL stock.

15.07.2024 - EL Stock was up 5.7%

• Despite the overall market correction in early August, Estée Lauder's stock had a strong bullish movement.
• The upcoming release of fiscal 2024 fourth quarter and full year results on August 19, 2024, could be driving positive sentiment and anticipation in the market.
• Expectations of earnings growth for Estée Lauder in the upcoming report, with a consensus estimate of $0.25 per share, may be contributing to the bullish movement.
• The stock hitting a 52-week low could have triggered a "buy the dip" mentality among investors, leading to increased buying activity and driving the stock price higher.

15.07.2024 - EL Stock was up 5.3%

• EL's stock saw a significant increase in value today.
• Early August witnessed considerable market downturns due to fears of a global economic decline, resulting in a temporary loss of trillions of dollars.
• Prominent individuals such as Elon Musk and Jeff Bezos experienced notable financial setbacks during market adjustments.
• Despite recently reaching a year-long low, EL's upcoming financial results are expected to display growth, with the possibility of a favorable EPS surprise boosting the stock's performance.