The Estee Lauder Cos Inc (NYSE: EL) has reported E.P.S. of $0.92 for its third fiscal quarter (ending March 31) versus $0.44 for the same period a year ago — an increase of 109%. However, this result fell short of the consensus estimate of $1.04 by $-0.12. For the latest four quarters through March 31, E.P.S. were $1.79 versus $3.05 for the same period a year ago — a decline of -41%.
Recent Price Action
The Estee Lauder Cos Inc (NYSE: EL) stock suffered a major decline of -13.2% on 5/1/24. The shares closed at $127.37. Moreover, this decline was accompanied by exceptionally high trading volume at 483% of normal. The stock has been weak relative to the market over the last nine months and has declined -14.5% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, EL is expected to continue to be a major Value Builder.
Estee Lauder has a current Value Trend Rating of F (Lowest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Estee Lauder has a slightly negative Power Rating of 39 and a very low Appreciation Score of 6, triggering the Lowest Value Trend Rating.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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