EL Stock Recent News
EL LATEST HEADLINES
Estee Lauder (EL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Estee Lauder's business model is not flawless, with high operating expenses and manufacturing in expensive locations. The company has seen a significant decline in stock due to post-pandemic stagnation, Chinese crackdown on smuggling, and unmet growth expectations. Recovery plan includes margin improvement, revenue growth, and opex reduction, potentially leading to a 15% CAGR in the next three to five years.
Currently, several high-profile stocks in the S&P 500 are trading at their 52-week lows. These firms have all had their shares beaten down 15% to 30% in the last three months, but also show signs of a potential rebound.
The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies. `
NEW YORK--(BUSINESS WIRE)--The Estée Lauder Companies (NYSE: EL) (“ELC”) is pleased to announce the third edition of BEAUTY&YOU India. Created by ELC's New Incubation Ventures (“NIV”) and launched in partnership with India's preferred beauty and lifestyle retailer - NYKAA, BEAUTY&YOU India continues its mission to discover, spotlight, and propel the next generation of India-focused beauty brands. The program supports India-focused companies, entrepreneurs, innovators, and creators throu.
Estee Lauder said on Thursday that Tracey Travis would be stepping down and retiring from her 12 years role as the MAC lipstick maker's finance chief, effective June 30, 2025.
Estee Lauder (EL) is on track to operationalize the Profit Recovery Plan to focus on rebuilding stronger and more sustainable profitability alongside supporting sales growth.
NEW YORK, July 01, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against The Estee Lauder Companies Inc. (NYSE: EL) on behalf of long-term stockholders following a class action complaint that was filed against Estee on December 7, 2023 with a Class Period from August 18, 2022 to May 2, 2023. Our investigation concerns whether the board of directors of Estee have breached their fiduciary duties to the company.
Given its attractive valuation, we believe that Estée Lauder stock (NYSE: EL) is currently a better pick over its peer, L'Oréal stock (OTCMKTS: LRLCY). LRLCY stock trades at a higher valuation multiple of 5.7x revenues, versus 2.6x for EL stock.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.