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Added to YB: 2024-08-12

Pitch date: 2024-08-12

EL [bullish]

The Estée Lauder Companies Inc.

Author Info

No bio for this author

Company Info

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

Market Cap

$31.2B

Pitch Price

N/A

Price Target

N/A

Dividend

1.63%

EV/EBITDA

11.78

P/E

-125.17

EV/Sales

2.52

Sector

Personal Care Products

Category

value

Show full summary:
Initiating Long on Estee Lauder (EL)

EL: Buying at $86, down 75% from highs—excessive vs. modest fundamental deterioration. Derisked at 2015 levels; sentiment can't worsen even in recession. If stagflation over recession, bombed-out consumer names catch a bid. Far below fair value; full write-up to follow.

Read full article (1 min)