The Estée Lauder Companies Inc. (EL)
130.08 USD -2.86 (-2.15%) Volume: 3.47M
The Estée Lauder Companies Inc.’s stock price stands at 130.08 USD, witnessing a dip of -2.15% in the latest trading session with a volume of 3.47M, reflecting an overall YTD decrease of -11.06%.
Latest developments on The Estée Lauder Companies Inc.
[“Estee Lauder Companies Cl A reports Q2 earnings”, “Increase in Estee Lauder’s skincare products sales”, “Estee Lauder’s strong e-commerce growth”, “Estee Lauder’s expansion in Asia”]Estee Lauder Companies Cl A‘s stock price movement today can be attributed to several key events. The company reported strong Q2 earnings, driven by a significant increase in skincare product sales. The firm’s robust e-commerce growth also played a crucial role in boosting the stock’s performance. Additionally, Estee Lauder’s strategic expansion in the Asian market has significantly contributed to the positive trend in its stock price.
The Estée Lauder Companies Inc. on Smartkarma
Analysts at Baptista Research have been closely covering Estee Lauder Companies Cl A on Smartkarma, providing insights into the beauty giant’s performance amidst a global crisis. In their report titled “The Estée Lauder Companies: How This Beauty Giant is Turning the Tables Amidst a Global Crisis! – Major Drivers”, they highlighted the company’s fiscal 2024 second quarter earnings. Despite an 8% decline in organic sales and a 28% drop in global travel retail business due to Covid-19, Estée Lauder Companies surpassed earnings per share expectations.
In another report by Baptista Research titled “The Estee Lauder Companies Inc.: The AI Makeup Revolution! Is This the Future of Beauty? – Major Drivers”, analysts discussed the company’s recent quarter results. While revenues fell below market expectations, Estee Lauder Companies Inc. managed to exceed analyst consensus on earnings. With a focus on sequential improvements and anticipating double-digit organic sales growth, the company remains optimistic about its future performance.
A look at The Estée Lauder Companies Inc. Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Estee Lauder Companies Cl A, a global leader in the beauty industry, shows promising signs for long-term growth according to Smartkarma Smart Scores. With above-average scores in Dividend, Growth, and Momentum, the company is positioned well for future success. While Value and Resilience scores are slightly lower, overall, Estee Lauder Companies Cl A demonstrates strong potential for investors looking for a stable and growing company in the beauty sector.
The Estee Lauder Companies Inc. is known for manufacturing and marketing a diverse range of beauty products globally. With a focus on skincare, makeup, fragrance, and hair care, the company has established itself as a trusted name in the industry. Smartkarma Smart Scores indicate a positive outlook for Estee Lauder Companies Cl A, reflecting its strong performance in areas such as Dividend, Growth, and Momentum. Investors may find this company appealing for its long-term prospects and established presence in the beauty market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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