Estee Lauder downgraded by JP Morgan with a new price target
$EL
Package Goods/Cosmetics
Consumer Discretionary
JP Morgan downgraded Estee Lauder from Overweight to Neutral and set a new price target of $74.00 from $113.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/1/2024 | $105.00 → $76.00 | Market Perform | Telsey Advisory Group |
| 11/1/2024 | $113.00 → $74.00 | Overweight → Neutral | JP Morgan |
| 10/31/2024 | $105.00 → $72.00 | Overweight → Equal Weight | Wells Fargo |
| 10/31/2024 | $105.00 → $80.00 | Buy → Neutral | Citigroup |
| 10/31/2024 | $125.00 | Buy → Hold | Stifel |
| 10/16/2024 | $100.00 | Buy → Hold | HSBC Securities |
| 9/10/2024 | $95.00 | Neutral | B. Riley Securities |
| 8/22/2024 | $95.00 → $114.00 | Neutral → Overweight | Piper Sandler |
Telsey Advisory Group reiterated coverage of Estee Lauder with a rating of Market Perform and set a new price target of $76.00 from $105.00 previously
JP Morgan downgraded Estee Lauder from Overweight to Neutral and set a new price target of $74.00 from $113.00 previously
Wells Fargo downgraded Estee Lauder from Overweight to Equal Weight and set a new price target of $72.00 from $105.00 previously
8-K/A - ESTEE LAUDER COMPANIES INC (0001001250) (Filer)
SCHEDULE 13G - ESTEE LAUDER COMPANIES INC (0001001250) (Subject)
10-Q - ESTEE LAUDER COMPANIES INC (0001001250) (Filer)
4 - ESTEE LAUDER COMPANIES INC (0001001250) (Issuer)
4 - ESTEE LAUDER COMPANIES INC (0001001250) (Issuer)
4 - ESTEE LAUDER COMPANIES INC (0001001250) (Issuer)
4 - ESTEE LAUDER COMPANIES INC (0001001250) (Issuer)
4 - ESTEE LAUDER COMPANIES INC (0001001250) (Issuer)
4 - ESTEE LAUDER COMPANIES INC (0001001250) (Issuer)
SC 13D/A - ESTEE LAUDER COMPANIES INC (0001001250) (Subject)
SC 13D/A - ESTEE LAUDER COMPANIES INC (0001001250) (Subject)
SC 13D/A - ESTEE LAUDER COMPANIES INC (0001001250) (Subject)
Creating engaging content is critical in the fast-moving prestige beauty industry, and The Estée Lauder Companies (ELC) is adopting Adobe Firefly to shorten the time it takes to launch digital marketing campaigns, using generative AI to accelerate content production ELC is leveraging solutions including Adobe Firefly Services—a collection of creative and generative APIs—that bring generative AI directly into production workflows to handle repetitive tasks such as resizing and reformatting marketing assets Survey findings indicate that content demands are expected to quintuple through 2026, making generative AI impactful for ELC creatives to simplify production tasks and focus on incu
Estée Lauder today announces that it has signed Dr. Matthew Walker, PhD, as the brand's first-ever Global Sleep Science Advisor, leveraging his expertise to deepen Estée Lauder's nighttime skincare research and innovation, while tapping into the global sleep movement to educate consumers on the vital connection between sleep and health. A renowned author, sleep scientist and Professor of Neuroscience and Psychology at the University of California, Berkeley, Dr. Walker will bring the latest insights, research findings, and resources to advance Estée Lauder's ongoing work in understanding and resolving the impact of poor sleep on skin health. "My mission is to educate as many people as poss
ELC will step-change innovation by translating innovative anti-inflammation research into cutting-edge skin care solutions The Estée Lauder Companies Inc. (NYSE:EL) (ELC) today announced a collaboration with biotechnology company, Serpin Pharma, that aims to explore how their anti-inflammatory research can be applied in cosmetics to deliver significant skin care longevity benefits to consumers around the world. The exclusive partnership will accelerate ELC's focus on transformative product innovation by applying insights from Serpin Pharma's two decades of anti-inflammatory research, which has yielded proprietary biotech technology demonstrating remarkable efficacy mitigating harmful in
The Estée Lauder Companies Inc. (NYSE:EL) will release its fiscal 2025 second quarter results on February 4, 2025. On that date, at 8:30 a.m. (ET), the Company will provide a live webcast of its conference call and presentation discussing the results, future prospects and recent corporate developments. Stéphane de La Faverie, President and CEO, and Akhil Shrivastava, EVP and CFO, will host the call. Those wishing to access the webcast can visit http://www.elcompanies.com/investors. The call will be archived on the Company's website. PLEASE NOTE: This call, and all calls going forward, will start an hour earlier than usual at 8:30 am (ET). The Estée Lauder Companies Inc. is one of th
Reducing Dividend to a More Appropriate Payout Ratio The Estée Lauder Companies Inc. (NYSE:EL) declared a quarterly dividend of $.35 per share on its Class A and Class B Common Stock on December 16, 2024 to stockholders of record at the close of business on November 29, 2024, a reduction from its previous quarterly dividend of $.66 per share. As stated in the Company's press release announcing the fiscal 2025 first quarter results today, given the complex prestige beauty landscape, including the particular difficulty in forecasting the timing of market stabilization and recovery in mainland China and Asia travel retail, the Company is reducing its dividend to a more appropriate payout rat
Net Sales Decreased 4% and Diluted Net EPS Decreased to Net Loss Per Share of $.43 Organic Net Sales1 Decreased 5% and Adjusted Diluted EPS Increased to $.14 Withdrawing Fiscal 2025 Outlook Amid Incremental Uncertainty on Timing of Stabilization in Mainland China Market and Asia Travel Retail as well as in the Context of Leadership Changes Reducing Dividend to a More Appropriate Payout Ratio The Estée Lauder Companies Inc. (NYSE:EL) today reported net sales of $3.36 billion for its first quarter ended September 30, 2024, a decrease of 4% from $3.52 billion in the prior year. Organic net sales decreased 5% primarily due to worsened consumer sentiment in China that drove further softening
Eric Zinterhofer to join the Company's Board of Directors The Estée Lauder Companies (NYSE:EL) announced today that Ronald S. Lauder will retire from the Company's Board of Directors (the "Board") effective immediately. Pursuant to the stockholders' agreement among Lauder family members and the Company, Mr. Lauder has the right to designate two directors of the Company. His daughter Jane Lauder will continue to serve on the Board in her current position, and he has named his son-in-law Eric Zinterhofer, who is married to his daughter Aerin Lauder, to be his second designee. In connection with Mr. Lauder's retirement from the Board and his designation of Mr. Zinterhofer as his nominee, the
The Estée Lauder Companies Inc. (NYSE:EL) held its Annual Meeting of Stockholders today. William P. Lauder, Executive Chairman, chaired the meeting. At the meeting, stockholders elected Paul J. Fribourg, Jennifer Hyman, Arturo Nuñez, and Barry S. Sternlicht to the Board as Class I Directors. Stockholders also ratified the appointment of PricewaterhouseCoopers LLP as independent auditors for the current fiscal year, approved the advisory vote to approve executive compensation, and approved the Amended and Restated Fiscal 2002 Share Incentive Plan. The Estée Lauder Companies Inc. is one of the world's leading manufacturers, marketers and sellers of quality skin care, makeup, fragrance and h
In the news release, Amare Global® Announces Dynamic Executive Leadership, issued 01-Nov-2024 by Amare Global Holdings, INC. over PR Newswire, we are advised by the company that the release has changes throughout. The complete, corrected release follows: Amare Global® Announces Dynamic Executive Leadership Vision Set by New Owner & Chairman David C. Chung will Establish an Innovation Pipeline for The Mental Wellness Company® NEW YORK, Nov. 1, 2024 /PRNewswire/ -- Amare Global, The Mental Wellness Company® today announces new executive leadership across information technology, management, marketing, and operations, underscoring the brand's commitment to a strong foundation that supports we