L’Oreal Stock Earnings Estimates Lifted by Erste Group Bank

L’Oreal SA (OTCMKTS:LRLCY – Free Report) – Research analysts at Erste Group Bank raised their FY2027 EPS estimates for shares of L’Oreal in a note issued to investors on Friday, October 30th. Erste Group Bank analyst S. Lingnau now anticipates that the company will post earnings per share of $3.41 for the year, up from their prior forecast of $3.36. Erste Group Bank currently has a “Strong-Buy” rating on the stock. The consensus estimate for L’Oreal’s current full-year earnings is $3.13 per share.

Several other brokerages have also issued reports on LRLCY. Citigroup reiterated a “buy” rating on shares of L’Oreal in a report on Friday, October 23rd. Argus set a $100.00 target price on L’Oreal in a research note on Tuesday, August 18th. BNP Paribas Exane raised L’Oreal from a “neutral” rating to an “outperform” rating in a research report on Wednesday, September 2nd. Finally, Jefferies Financial Group raised L’Oreal from an “underperform” rating to a “hold” rating in a research note on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $100.00.

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L’Oreal Stock Up 1.0%

OTCMKTS LRLCY opened at $97.96 on Tuesday. L’Oreal has a 1-year low of $78.82 and a 1-year high of $99.28. The company has a quick ratio of 0.70, a current ratio of 0.97 and a debt-to-equity ratio of 0.29. The firm’s fifty day simple moving average is $89.21 and its 200-day simple moving average is $87.64.

L’Oreal Company Profile

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L’Oréal SA is a France-based beauty and personal care company whose shares trade in the United States under the symbol LRLCY. Founded in 1909 by chemist Eugène Schueller, the company has grown into a global provider of cosmetics, skincare, haircare, hair color, fragrances and professional beauty products. Its headquarters are in Clichy, France.

L’Oréal operates through four principal divisions: Professional Products, Consumer Products, L’Oréal Luxe and Dermatological Beauty. Its portfolio includes brands such as L’Oréal Paris, Garnier, Maybelline New York, Lancôme, Yves Saint Laurent Beauty, Kiehl’s, Redken, La Roche-Posay, Vichy and CeraVe.

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Earnings History and Estimates for L'Oreal (OTCMKTS:LRLCY)

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