| 2024-04-11 | +0.39 % |
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| 2024-04-09 | +2.15 % |
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| 2024-04-08 | +0.69 % |
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| 2024-04-05 | +0.08 % |
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| 2024-04-03 | -4.12 % |
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| 2024-03-28 | +6.28 % |
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| 2024-03-27 | +4.11 % |
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| 2024-03-26 | +0.1 % |
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| 2024-03-22 | -2.1 % |
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| 2024-03-21 | -0.35 % |
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| 2024-03-20 | +0.39 % |
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| 2024-03-18 | -1.29 % |
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| 2024-03-15 | -2.02 % |
- The Estée Lauder Companies Inc. (NYSE:EL) stock went down by -2.02% as analysts at Zacks Research lowered their Q3 2024 earnings estimates for the company, projecting a decrease in earnings per share from $0.83 to $0.42, leading to a drop in the stock value.
- Estée Lauder Companies (EL) stock went down by -2.02% as Equities researchers at Zacks Research reduced their FY2024 earnings estimates for the company, expecting lower earnings per share compared to previous estimates, likely causing the dip in stock value.
- Summary: The Estée Lauder Companies Inc. (EL) stock was down 2.02% as of last night; this drop may be attributed to various institutional investors making changes in their positions in the company, such as growing their stakes or acquiring new positions.
Reason for the decline: The decrease in EL stock price could be influenced by changes made by institutional investors, with various firms growing their stakes in the company. Some brokerage firms have also adjusted their price targets and ratings for EL stock recently, which may have impacted the market sentiment towards the company. Additionally, the company's quarterly earnings report showed a decrease in revenue compared to the previous year.
To summarize, changes in investor positions, adjustments in price targets and ratings by brokerage firms, and a decrease in revenue reported in the quarterly earnings are likely reasons why Estée Lauder Companies' stock experienced a decline.
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| 2024-03-12 | -1.2 % |
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| 2024-03-08 | +0.9 % |
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| 2024-03-05 | -0.31 % |
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| 2024-03-01 | +0.17 % |
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| 2024-02-29 | +0.81 % |
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| 2024-02-27 | +2.41 % |
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| 2024-02-26 | -3.31 % |
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| 2024-02-23 | +0.89 % |
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| 2024-02-15 | +1.87 % |
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| 2024-02-14 | +0.34 % |
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| 2024-02-07 | -2.93 % |
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| 2024-02-06 | -2.71 % |
- Estée Lauder Companies (EL) stock went down by -2.71% after the company reported its quarterly earnings data, which showed a decline in revenue compared to the same quarter last year. The stock may have also been affected by analyst reports that downgraded the company's rating and reduced price targets.
- The Estée Lauder Companies' stock (EL) went down by -2.71% last night, possibly due to a recent research report from Telsey Advisory Group increasing the target price for the stock from $115.00 to $155.00, suggesting a potential upside of 3.14%, and several other research analysts commenting on the company with mixed ratings.
- The Estée Lauder Companies Inc. (EL) stock went down by 2.71% last night due to a challenging second quarter in fiscal year 2024, with an 8% decline in organic sales, mainly attributed to a slowdown in the prestige beauty sector, particularly in mainland China. However, the company has a plan in place to return to growth, including a restructuring program, investment in innovation, and strategic pricing. Despite the current market challenges, Estée Lauder remains optimistic about long-term opportunities in the beauty sector.
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| 2024-02-05 | +12.05 % |
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| 2024-02-02 | -0.43 % |
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| 2024-02-01 | +2.05 % |
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| 2024-01-31 | -1.63 % |
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| 2024-01-29 | +3.6 % |
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| 2024-01-25 | +1.98 % |
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| 2024-01-24 | -1.55 % |
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| 2024-01-22 | -0.5 % |
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| 2024-01-17 | -2.68 % |
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| 2024-01-16 | -3.75 % |
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| 2024-01-11 | +2.08 % |
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| 2024-01-10 | -2.58 % |
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| 2024-01-08 | +1.26 % |
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| 2024-01-05 | -1.02 % |
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| 2024-01-04 | +0.04 % |
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| 2024-01-02 | -0.55 % |
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| 2023-12-29 | -0.88 % |
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| 2023-12-27 | +0.49 % |
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| 2023-12-21 | +1.29 % |
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| 2023-12-20 | -3.63 % |
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| 2023-12-19 | +4.3 % |
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| 2023-12-18 | -0.53 % |
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| 2023-12-15 | -1.66 % |
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| 2023-12-14 | +2.12 % |
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| 2023-12-13 | +4.71 % |
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| 2023-12-08 | -1.55 % |
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| 2023-12-07 | +1.86 % |
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| 2023-12-05 | -4.88 % |
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| 2023-11-17 | +0.97 % |
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| 2023-11-10 | -0.49 % |
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| 2023-11-09 | -1.1 % |
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| 2023-11-06 | +1.54 % |
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| 2023-11-01 | -18.9 % |
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| 2023-10-24 | +0.77 % |
- Estée Lauder Companies (EL) stock went up 0.77% last night. The increase in stock price may be attributed to the company's strong financial performance, with revenues for the third quarter of 2023 reaching €431 million, up 20.8% year-over-year, and organic growth rate of 11.3%. The company also announced that it will be taking over the retail distribution of the ZEGNA brand in South Korea, which further supports their financial outlook for the year.
- The article discusses the strong sales performance of the Ermenegildo Zegna Group, particularly the Tom Ford spring 2024 collection, which has led to a positive outlook for the company's future, resulting in an increase in Estée Lauder Companies (EL) stock.
- The Estée Lauder Companies Inc. (EL) stock went up 0.77% last night, and the company will be releasing its fiscal 2024 first quarter results on November 1, 2023, with a live webcast of its conference call discussing the results and future prospects.
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