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Added to YB: 2024-02-07

Pitch date: 2024-02-07

EL [bullish]

The Estée Lauder Companies Inc.

-23.7%

current return

Author Info

Company Info

The Estée Lauder Companies Inc. manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide.

Market Cap

$37.9B

Pitch Price

$136.44

Price Target

222.00 (+113%)

Dividend

1.33%

EV/EBITDA

15.74

P/E

-40.64

EV/Sales

3.12

Sector

Personal Care Products

Category

turnaround

Show full summary:
Estée Lauder: Inflection Point After Q2 FY24

EL inflection point: Q3 org sales guided 4-6% after 2Q decline. Restructuring to cut 3-5% jobs, add $1.1-1.4B EBIT by FY26. Inventory progress but US share still a struggle. 27x FY19 P/E, 5.5% FY19-26 NI CAGR gets $222 Jun'26, 53% return. Buy.

Read full article (8 min)