The Este Lauder Companies Reports Fiscal 2024 Third Quarter Results
Business Wire (Wed, 1-May 6:45 AM ET)
The Este Lauder Companies Inc. Declares Quarterly Dividend of $.66 Per Share
Business Wire (Wed, 1-May 6:30 AM ET)
The Market in the Over/Under Earnings Move for EL Reaches ±9%
Market Chameleon (Tue, 30-Apr 2:43 PM ET)
The Este Lauder Companies to Webcast Discussion of Fiscal 2024 Third Quarter Results on May 1, 2024
Business Wire (Thu, 25-Apr 4:45 PM ET)
Este Lauder Signs Korean Singer and Actress IU as New Global Brand Ambassador
Business Wire (Thu, 11-Apr 7:00 AM ET)
Dexter King Appointed Senior Vice President, Global General Manager, TOM FORD BEAUTY
Business Wire (Fri, 5-Apr 9:25 AM ET)
Globe Newswire (Mon, 1-Apr 8:18 PM ET)
Clinique Launches in the U.S. Amazon Premium Beauty Store
Business Wire (Wed, 27-Mar 1:30 AM ET)
Business Wire (Thu, 21-Mar 1:40 PM ET)
The Este Lauder Companies to Participate in the UBS Global Consumer and Retail Conference
Business Wire (Thu, 29-Feb 4:35 PM ET)
Estee Lauder is a leader in the global prestige beauty market, participating across skin care (52% of 2023 sales), makeup (28%), fragrance (16%), and hair care (4%) categories, with top-selling brands such as Estee Lauder, Clinique, M.A.C, La Mer, Jo Malone London, Aveda, Bobbi Brown, and Origins. The firm operates in more than 150 countries, generating 28% of revenue from the Americas, 39% from Europe, the Middle East and Africa (including travel retail), and 33% from Asia-Pacific. Estee Lauder sells its products through department stores, travel retail, specialty multibrand beauty stores, brand-dedicated freestanding stores, e-commerce, salons/spas, and perfumeries.
Estee Lauder Cos trades on the NYSE stock market under the symbol EL.
As of May 10, 2024, EL stock price climbed to $132.00 with 1,674,591 million shares trading.
EL has a beta of 1.06, meaning it tends to be more sensitive to market movements. EL has a correlation of 0.10 to the broad based SPY ETF.
EL has a market cap of $47.22 billion. This is considered a Large Cap stock.
Last quarter Estee Lauder Cos reported $4 billion in Revenue and $.97 earnings per share. This beat revenue expectation by $30 million and exceeded earnings estimates by $.49.
In the last 3 years, EL stock traded as high as $374.20 and as low as $102.22.
The top ETF exchange traded funds that EL belongs to (by Net Assets): VTI, VOO, SPY, MOAT, VUG.
EL has underperformed the market in the last year with a price return of -33.1% while the SPY ETF gained +28.4%. EL has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -7.5% and -9.0%, respectively, while the SPY returned +4.2% and +3.4%, respectively.
EL support price is $128.96 and resistance is $134.36 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EL stock will trade within this expected range on the day.