L’Oreal (OTCMKTS:LRLCY – Get Free Report) is anticipated to announce its resultson Wednesday, July 29th. Analysts expect the company to announce earnings of $1.72 per share and revenue of $27.3389 billion for the quarter.
L’Oreal Trading Up 0.0%
LRLCY stock opened at $84.76 on Tuesday. The company has a current ratio of 1.44, a quick ratio of 1.15 and a debt-to-equity ratio of 0.23. L’Oreal has a 1 year low of $78.82 and a 1 year high of $95.48. The stock has a 50-day simple moving average of $87.08 and a 200-day simple moving average of $86.93.
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on LRLCY shares. BNP Paribas Exane upgraded L’Oreal from an “underperform” rating to a “neutral” rating in a report on Tuesday, May 5th. Citigroup raised shares of L’Oreal from a “neutral” rating to a “buy” rating in a research report on Thursday, June 25th. Deutsche Bank Aktiengesellschaft lowered shares of L’Oreal from a “hold” rating to a “sell” rating in a research note on Monday, June 22nd. Finally, Berenberg Bank raised shares of L’Oreal from a “hold” rating to a “buy” rating in a research report on Thursday, May 28th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.
About L’Oreal
L’Oréal SA is a global beauty and personal care company, founded in 1909 by Eugène Schueller and headquartered in Clichy, France. The company develops, manufactures and markets a broad range of consumer and professional products across cosmetics, skin care, hair care, hair color, and fragrances. L’Oréal serves customers around the world through a combination of direct retail, salons, pharmacies, department stores and e-commerce, operating in numerous countries across Europe, the Americas, Asia-Pacific, Africa and the Middle East.
Operations are organized around several business divisions that target distinct channels and consumer segments, including Consumer Products, L’Oréal Luxe, Professional Products and Active Cosmetics.
Recommended Stories
- Five stocks we like better than L’Oreal
- AirJoule’s Kubota Deal Is a Major Validation—But the Hard Part Comes Next
- Dividend Stocks May Be the Quiet Rotation Trade Investors Are Missing Now
- Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There?
- Verizon May Be an AI Infrastructure Stock Hiding in Plain Sight
Receive News & Ratings for L'Oreal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for L'Oreal and related companies with MarketBeat.com's FREE daily email newsletter.
