(EL) Estee Lauder Companies – Bull of the Day

February 23rd, 2011

Estee Lauder Companies (EL) is one of the leading players in the global cosmetics space and commands a strong portfolio of well-established brands. The company is currently undertaking initiatives to reduce overheads and optimize inventory levels, which augur well for future operating performance.

Furthermore, Estee Lauder has a consistent track record of returning cash to shareholders in the form regular dividend payments. Additionally, the company reported a robust second quarter 2011, with earnings up 38% year-over-year.

Quarterly earnings also outpaced the Zacks Consensus Estimate by 23%. We are currently upgrading our recommendation on Estee Lauder from Neutral to Outperform. The shares have a Zacks #1 Rank (Strong Buy).

ESTEE LAUDER (EL): Free Stock Analysis Report

Zacks Investment Research

Comments

Powered by Facebook Comments


Similar Posts: | | Consumer Goods | Personal Products

RSS feeds: EL | Estee Lauder Companies Inc. | Consumer Goods | Personal Products |

Other Posts by | RSS Feed for this author

Post a Response

You must be logged in to post a comment.