JPMorgan Reiterates Overweight Rating on Estee Lauder (EL)

Estee Lauder (EL) PT Lowered to $100 at Morgan Stanley

Morgan Stanley analyst Dara Mohsenian lowered the price target on Estee Lauder (NYSE: EL) to $100.00 (from $140.00) while maintaining a Equalweight rating.

The analyst comments "We remain EW, with uncertain LT topline growth given category weakness (China/travel retail), EL market share struggles (outsized exposure to these areas/underlying softness), and execution risk, albeit with CEO change a potential catalyst and seemingly conservative... More

Estee Lauder (EL) PT Lowered to $105 at Deutsche Bank

Deutsche Bank analyst Steve Powers lowered the price target on Estee Lauder (NYSE: EL) to $105.00 (from $108.00) while maintaining a Hold rating.

The analyst comments "In the background, EL continues to navigate a CFO succession, and is simultaneously now conducting a CEO search following the announced... More

Estee Lauder (EL) PT Lowered to $130 at Evercore ISI

Evercore ISI analyst Robert Ottenstein lowered the price target on Estee Lauder (NYSE: EL) to $130.00 (from $180.00) while maintaining a Outperform rating.

The analyst comments "Estees fiscal 2025 guide assumes China and Asia Travel Retail will remain tough and unlikely to improve from Junes low: 1) Hainan duty-free sales did not stabilize after the anniversary of the daigou crackdown but declines accelerated instead, page 16; 2) Online... More

Estee Lauder (EL) PT Lowered to $130 at DA Davidson

DA Davidson analyst Linda Bolton Weiser lowered the price target on Estee Lauder (NYSE: EL) to $130.00 (from $191.00) while maintaining a Buy rating.

The analyst comments "BUY-rated EL reported a F4Q24 beat, with travel retail likely up >40%, driven by re-stocking in the... More

Goldman Sachs on Estee Lauder (EL): 'FY25 guidance missed expectations will weigh sharply on the stock today'

Goldman Sachs analyst Bonnie Herzog reiterated a Neutral rating and $115.00 price target on Estee Lauder (NYSE: EL).

The analyst comments "Our View - EL reported 4Q24 EPS of $0.64 (vs. GS/FactSet consensus $0.24/$0.26). Q4 organic sales growth of +8% was slightly higher than expectations, as strength in its EMEA segment was partly offset by weaker Americas and APAC. Gross margins were marginally lower than... More

Stifel on Estee Lauder (EL): 'We anticipate EL shares underperform'

Stifel analyst Mark Astrachan reiterated a Buy rating and $165.00 price target on Estee Lauder (NYSE: EL).

The analyst comments "Estée Lauder Companies reported solid F4Q24 results with below-consensus first-time F2025 guidance. The company also announced president/CEO... More

Morgan Stanley on Estee Lauder (EL): 'Negative Stock Reaction'

Morgan Stanley analyst Dara Mohsenian reiterated an Equalweight rating and $140.00 price target on Estee Lauder (NYSE: EL).

The analyst comments "Negative Stock Reaction: EL reported Q4 EPS upside, announced its current CEO would be stepping down this fiscal year with a search including external/internal candidates ongoing,... More

US stock futures largely unchanged; Jackson Hole, Fed minutes in focus

Investing.com -- U.S. stock futures traded in listless manner Monday, consolidating after the previous weeks gains as investors await more clues over future Federal Reserve monetary policy. 

By 06:35 ET (10:35 GMT), the Dow Futures contract was up 10 points, or 0.1%, S&P 500 Futures traded 2 points, or 0.1%, higher and Nasdaq 100 Futures dropped 4 points, or 0.1%.

The main Wall Street indices just recorded their best week of the year as recent positive data relieved worries over the prospect of a recession.

The broad-based S&P 500 gained 3.9% for its best week... More

Midday movers: Estee Lauder, HP Inc fall; AMD rises

(Updated - August 19, 2024 11:08 AM EDT)

Investing.com -- U.S. stock futures traded higher Monday, consolidating after the previous weeks strong gains and ahead of the release this week of the minutes from the latest Federal Reserve meeting.

Here are some of the biggest U.S. stock movers today:

Estee Lauder (NYSE:... More

Citi Reiterates Buy Rating on Estee Lauder (EL)

Citi analyst Filippo Falorni reiterated a Buy rating and $110.00 price target on Estee Lauder (NYSE: EL).

The analyst comments "As we highlighted in our preview with our negative short-term view and recent note assessing risks into the print (link here), EL... More

Estee Lauder (EL) Tops Q4 EPS by 38c, Guidance Misses

Estee Lauder (NYSE: EL) reported Q4 EPS of $0.64, $0.38 better than the analyst estimate of $0.26. Revenue for the quarter came in at $3.87 billion versus the consensus estimate of $3.81 billion.

GUIDANCE:

Estee Lauder sees FY2025 EPS of $2.77-$2.98, versus the consensus of... More

Estee Lauder (EL) CEO Fabrizio Freda to retire, earnings and revenue top consensus

(Updated - August 19, 2024 9:43 AM EDT)

Estee Lauder (NYSE: EL) announced Monday, ahead of its earnings release, that its CEO, Fabrizio Freda, will retire at the end of the fiscal year 2025.

Estee Lauder shares are down around 1.9% shortly after the open.

Freda, who has led the company for over 16 years, informed the Board of Directors of his decision, marking the beginning of a significant leadership transition for the global beauty giant.

The company has stated that it is well advanced in its CEO succession planning, having considered a range of... More

Estee Lauder (EL) Declares $.66 Quarterly Dividend; 2.8% Yield

Estee Lauder (NYSE: EL) declared a quarterly dividend of $.66 per share, or $2.64 annualized.

The dividend will be payable on August 19, 2024, to stockholders of record on August 30, 2024, with an ex-dividend date of August 29, 2024.

The annual yield on the dividend is 2.8 percent.

For... More

Estee Lauder forecasts bleak annual results; CEO Freda to depart

By Ananya Mariam Rajesh

(Reuters) -Estee Lauder forecast annual profit and sales below estimates as the global beauty market struggles with slowing demand mainly in the China market and said CEO Fabrizio Freda was retiring after nearly 16 years at the helm.

Freda, 66, who is retiring in June, was named the CEO in 2009 and was responsible for expanding the company's skincare portfolio with the addition of brands such as Dr. Jart and The Ordinary owner Deciem.

He also steered the company through pandemic-induced supply... More

Estee Lauder (EL) Announces Upcoming CEO Resignation

The Estée Lauder Companies Inc. (NYSE: EL) today announced that Fabrizio Freda has informed the Board of Directors of his intention to retire at the end of fiscal year 2025. The Board is well advanced in its long-established CEO succession planning process whereby the Board has considered many highly qualified internal and external candidates. Until his successor is appointed, Mr. Freda will continue to lead and oversee the Companys strategic, financial and investment priorities, including the Companys Profit Recovery and Growth Plan and its efforts to reignite profitability and growth. Once a... More

Jackson Hole, US recession, DNC - what's moving markets

Investing.com -- The main Wall Street indices look set to start the new week in a consolidatory mood after the previous week's strong gains, as investors await the release of the minutes from the last Federal Reserve meeting as well as the widely-anticipated Jackson Hole symposium. The four-day Democratic National Convention also starts this week.

The weeks key event will be the Federal Reserves annual economic symposium in Jackson Hole, Wyoming, starting on Friday, with investors seeking more clues... More

Estee Lauder (EL) call put ratio 1 call to 1.2 puts into quarter results

Estee Lauder (NYSE: EL) August 23 weekly 95 straddle priced for a move of 11.5% into the expected release of quarter results today before the bell. Call put ratio 1 call to 1.2 puts.

Stocks expected to have increasing option volume: EL PANW LOW SPQ QQQ RUT

Stocks expected to have increasing option volume: EL PANW LOW SPQ QQQ RUT

Estee Lauder (EL) call put ratio 1.1 calls to 1 put with focus on August 93 calls into quarter results

Estee Lauder (NYSE: EL) August 23 weekly call option implied volatility is at 93, September is at 52; compared to its 52-week range of 23 to 73 into the expected release of quarter results before the bell on August 19. Call put ratio 1.1 calls to 1 put with focus on August 93 calls.

BofA Securities Downgrades Estee Lauder (EL) to Neutral

BofA Securities analyst Bryan Spillane downgraded Estee Lauder (NYSE: EL) from Buy to Neutral with a price target of $100.00 (from $140.00).

The analyst comments "We are downgrading shares of EL to Neutral from Buy to reflect the reality of weaker than expected beauty category... More

Estee Lauder (EL) PT Lowered to $100 at Canaccord Genuity

(Updated - August 16, 2024 6:26 AM EDT)

Canaccord Genuity analyst Susan Anderson lowered the price target on Estee Lauder (NYSE: EL) to $100.00 (from $131.00) while maintaining a Hold rating.

The analyst commented: "EL will report its 4Q24 (June-end) results on Monday 8/19 before the open. We are lowering our price target from $131 to $100 but reiterating our HOLD rating due to expecting EL to trade at a... More

Estee Lauder (EL) deep in the money August 145 puts active into quarter results

Estee Lauder (NYSE: EL) August weekly 95 straddle priced for a move of 11% into the expected release of quarter results before the bell on August 19. Call put ratio 1 call to 3 puts with focus on August 145 puts.