Erste Group Bank Forecasts Stronger Earnings for L'Oreal

Key Points

• Erste Group Bank raised its FY2027 EPS forecast for L’Oréal to $3.45 from $3.39, above the current consensus estimate of $3.16.
• Analyst sentiment is broadly positive: L’Oréal has an average “Moderate Buy” rating, with one Strong Buy, seven Buy, four Hold and one Sell rating.
• L’Oréal shares opened at $89.16, compared with a 12-month trading range of $78.82 to $95.48; the company maintains relatively low leverage with a debt-to-equity ratio of 0.23.

L'Oreal SA (OTCMKTS:LRLCY - Free Report) - Stock analysts at Erste Group Bank boosted their FY2027 EPS estimates for shares of L'Oreal in a note issued to investors on Wednesday, August 5th. Erste Group Bank analyst S. Lingnau now anticipates that the company will post earnings per share of $3.45 for the year, up from their prior estimate of $3.39. The consensus estimate for L'Oreal's current full-year earnings is $3.16 per share.

A number of other research firms also recently commented on LRLCY. Berenberg Bank raised shares of L'Oreal from a "hold" rating to a "buy" rating in a report on Thursday, May 28th. BNP Paribas Exane raised shares of L'Oreal from an "underperform" rating to a "neutral" rating in a research report on Tuesday, May 5th. Jefferies Financial Group upgraded shares of L'Oreal from an "underperform" rating to a "hold" rating in a research note on Wednesday. Deutsche Bank Aktiengesellschaft downgraded L'Oreal from a "hold" rating to a "sell" rating in a report on Monday, June 22nd. Finally, Citigroup raised L'Oreal from a "neutral" rating to a "buy" rating in a report on Thursday, June 25th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, L'Oreal currently has an average rating of "Moderate Buy".

L'Oreal Stock Performance

Shares of LRLCY stock opened at $89.16 on Monday. The business's 50 day moving average is $87.68 and its two-hundred day moving average is $86.95. L'Oreal has a 12 month low of $78.82 and a 12 month high of $95.48. 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 Company Profile

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.

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