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Estee Lauder (EL, $257.07) beats Zacks Consensus earnings estimates; misses revenue expectations
The Estee Lauder Companies Inc. posted its fiscal third-quarter 2022 results, with earnings topping the Zacks Consensus Estimate. Revenue, however, fell short of expectations.
The beauty and cosmetics company’s adjusted earnings for the quarter came in at $1.90 per share, exceeding the Zacks Consensus Estimate of $1.66. The bottom line rose +17% (up 18% at constant currency) year over year.
Net sales increased +10% (up +11% at cc) year-over-year to $4,245 million missed the Zacks Consensus Estimate of $4,323.1 million. Organic net sales rose +9% in the quarter. Net sales grew in every product category, on the back of continued rebound in brick-and-mortar retail stores.
The company’s revenues in the Americas climbed +15% year over year (+ 14% at cc) to $1,053 million. Sales in Europe, the Middle East & Africa region rose +17% year over year (up 19% at cc) to $1,990 million. Asia-Pacific region sales, however, fell -4% ( -3% at cc) to $1,203 million.
Management mentioned that COVID-19 pandemic continued to impact the company’s retail traffic, travel, supply chain, inventory levels and other logistics worldwide in the quarter under review.
Looking ahead, the company is expecting fiscal full year 2022 reported net sales to increase in the range of 7-9%, compared to prior forecast of 13-16% year over year. It projects organic net sales growth in the range of 5-7% year over year, vs. previous estimate of 10-13% year over year.
The company now projects adjusted earnings per share in the range of $7.05 to $7.15, compared to prior expected range of $7.43-$7.58. It now expects adjusted earnings to grow 8-10% at cc in fiscal 2022, compared to prior expectation of 14-17% at cc.
EL in upward trend: price expected to rise as it breaks its lower Bollinger Band on May 05, 2022
EL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 29 of 34 cases where EL's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 85%.
Current price $235.49 crossed the resistance line at $243.32 and is trading between $243.32 resistance and $223.23 support lines. Throughout the month of 04/13/22 - 05/16/22, the price experienced a -12% Downtrend, while the week of 05/09/22 - 05/16/22 shows a +0.77% Uptrend.
The Stochastic Indicator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a +4.75% 3-day Advance, the price is estimated to grow further. Considering data from situations where EL advanced for three days, in 258 of 379 cases, the price rose further within the following month. The odds of a continued upward trend are 68%.
The Momentum Indicator moved below the 0 level on May 02, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on EL as a result. In 37 of 86 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 43%.
The Moving Average Convergence Divergence Histogram (MACD) for EL turned negative on May 03, 2022. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In 18 of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at 41%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EL declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 45%.
The Aroon Indicator for EL entered a downward trend on May 04, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Tickeron has a negative outlook on this ticker and predicts a further decline by more than 4.00% within the next month with a likelihood of 51%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.68.
The Tickeron Profit vs. Risk Rating rating for this company is 23 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 82, placing this stock better than average.
The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of 52 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (13.680) is normal, around the industry mean (26.140). P/E Ratio (25.707) is within average values for comparable stocks, (175.753). Projected Growth (PEG Ratio) (2.552) is also within normal values, averaging (3.581). Dividend Yield (0.010) settles around the average of (0.026) among similar stocks. P/S Ratio (4.762) is also within normal values, averaging (71.365).
The Tickeron SMR rating for this company is 58 (best 1 - 100 worst), indicating slightly weaker than average sales and a marginally profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is 63 (best 1 - 100 worst), indicating fairly steady price growth. EL’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 90 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
Household/Personal Care companies sell products for home cleaning and/or personal hygiene and grooming purposes. Products of this industry include detergents, shampoos, soaps, cosmetics, fabric conditioners and infant care fragrances. Procter & Gamble, Unilever, Estee Lauder and Colgate-Palmolive are some of the biggest names in the business. A lot of the products become a necessary part of people’s daily routine, and therefore the industry is relatively less vulnerable to macroeconomic downturns. At the same time, product quality, consumer safety, and ease of use are extremely critical factors for a company to survive competition and earn recognition in this industry.
The average market capitalization across the Household/Personal Care Industry is 19B. The market cap for tickers in the group ranges from 84.3K to 368.6B. PG holds the highest valuation in this group at 368.6B. The lowest valued company is BMXC at 84.3K.
The average weekly price growth across all stocks in the Household/Personal Care Industry was -0.42%. For the same Industry, the average monthly price growth was -5.48%, and the average quarterly price growth was -19.34%. UNLRY experienced the highest price growth at 23.55%, while SNST experienced the biggest fall at -33.19%.
- 4/27/22 5:34 AM: Estee Lauder Companies (The) (EL, $254.77) was a top loser this week, declining -7.21%
- 3/22/22 5:13 AM: Estee Lauder Companies (The) (EL, $273.97) was a top weekly gainer, with a +9.42% jump
The average weekly volume growth across all stocks in the Household/Personal Care Industry was -82.89%. For the same stocks of the Industry, the average monthly volume growth was -75.86% and the average quarterly volume growth was -72%
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Stocks in the group have a Negative Outlook today, backed by the MA200MA50 Indicator. Tickeron has a negative outlook on this group and predicts a further decline by more than 4.00% within the next month with a likelihood of 36%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.24.
12 stocks in the group of tickers exhibit a similar negative trend based on the MA50 indicator with an average likelihood of 69%.
The most notable companies in this group are Procter & Gamble Company (NYSE:PG), Colgate-Palmolive Company (NYSE:CL).
The average market capitalization across the group is 25.4B. The market cap for tickers in the group ranges from 615.1K to 368.6B. PG holds the highest valuation in this group at 368.6B. The lowest valued company is SKVI at 615.1K.
The average weekly price growth across all stocks in the group was -0.96%. For the same group, the average monthly price growth was -8.58%, and the average quarterly price growth was -22.89%. NTCO experienced the highest price growth at 15.99%, while SNBH experienced the biggest fall at -33.33%.
- 5/14/22 4:23 AM: Natura &Co Holding SA (NTCO, $6.96) was a top weekly gainer, with a +8.24% jump
- 5/14/22 4:22 AM: PURE Bioscience (PURE, $0.19) was a top weekly gainer, with a +6.75% jump
- 5/12/22 5:38 AM: Newell Brands (NWL, $21.79) was a top loser this week, declining -6.4%. Expect a Downtrend reversal
The average weekly volume growth across all stocks in the group was 177.52%. For the same stocks of the group, the average monthly volume growth was 839.84% and the average quarterly volume growth was 538.63%
- 5/4/22 8:21 AM: The volume for Henkel AG and Co KGAA stock increased for one day, resulting in a record-breaking daily growth of 824% of the 65-Day Volume Moving Average
- 4/30/22 5:53 AM: The volume for NuSkin Enterprises stock increased for one day, resulting in a record-breaking daily growth of 433% of the 65-Day Volume Moving Average
- 4/30/22 5:53 AM: The volume for Henkel AG and Co KGAA stock increased for one day, resulting in a record-breaking daily growth of 276% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
The most notable companies in this group are Procter & Gamble Company (NYSE:PG), Colgate-Palmolive Company (NYSE:CL).
Household/Personal Care companies sell products for home cleaning and/or personal hygiene and grooming purposes. Products of this industry include detergents, shampoos, soaps, cosmetics, fabric conditioners and infant care fragrances. Procter & Gamble, Unilever, Estee Lauder and Colgate-Palmolive are some of the biggest names in the business. A lot of the products become a necessary part of people’s daily routine, and therefore the industry is relatively less vulnerable to macroeconomic downturns. At the same time, product quality, consumer safety, and ease of use are extremely critical factors for a company to survive competition and earn recognition in this industry.
The average market capitalization across the Household/Personal Care Industry is 19.1B. The market cap for tickers in the group ranges from 84.3K to 368.6B. PG holds the highest valuation in this group at 368.6B. The lowest valued company is BMXC at 84.3K.
The average weekly price growth across all stocks in the Household/Personal Care Industry was -1.01%. For the same Industry, the average monthly price growth was -6.11%, and the average quarterly price growth was -19.71%. UNLRY experienced the highest price growth at 23.55%, while SNST experienced the biggest fall at -53.23%.
- 5/14/22 4:23 AM: Natura &Co Holding SA (NTCO, $6.96) was a top weekly gainer, with a +8.24% jump
- 5/14/22 4:22 AM: PURE Bioscience (PURE, $0.19) was a top weekly gainer, with a +6.75% jump
- 5/12/22 5:38 AM: Newell Brands (NWL, $21.79) was a top loser this week, declining -6.4%. Expect a Downtrend reversal
The average weekly volume growth across all stocks in the Household/Personal Care Industry was -51.48%. For the same stocks of the Industry, the average monthly volume growth was -31.53% and the average quarterly volume growth was -20.61%
- 5/4/22 8:21 AM: The volume for Henkel AG and Co KGAA stock increased for one day, resulting in a record-breaking daily growth of 824% of the 65-Day Volume Moving Average
- 4/30/22 5:53 AM: The volume for NuSkin Enterprises stock increased for one day, resulting in a record-breaking daily growth of 433% of the 65-Day Volume Moving Average
- 4/30/22 5:53 AM: The volume for Henkel AG and Co KGAA stock increased for one day, resulting in a record-breaking daily growth of 276% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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