Sun, Jul. 3, 2:50 PM
- via Barclays:
- "Although stocks in the U.S. and Europe have partially bounced back from the sharp selloff sparked by the U.K. referendum result, risks remain prevalent. [Analyst] Keith Parker foresees further equity downside alongside a prolonged market bottoming process, during which positioning is likely to turn much more defensive at active managers.
- "With this in mind, our stock screen this week highlights Overweight-rated stocks that screen defensively based on sector and equity beta but are also expected to generate superior ROE and free cash flows in FY1.
- "Our screen considers the following factors: i) Large-cap (US $5 billion+) stock in the consumer staples, utilities, telecom or healthcare sectors. ii) Adjusted beta less than 1.0. iii) Rated Overweight by Barclays equity research. iv) 15%+ ROE and 4.5%+ FCF yield expected in FY1, based on Barclays estimates."
- The stocks: Aetna (NYSE:AET), BT Group plc (NYSE:BT), Cardinal Health (NYSE:CAH), Coloplast (OTC:CLPBF, OTCPK:CLPBY), CVS (NYSE:CVS), Estee Lauder (NYSE:EL), Express Scripts (NASDAQ:ESRX), Glanbia (OTC:GLAPF, OTCPK:GLAPY), Grifols (NASDAQ:GRFS), Imperial Brands (OTCQX:IMBBY, OTCQX:ITYBF), Johnson & Johnson (NYSE:JNJ), Ahold (OTCQX:AHONY, OTCQX:AHODF, OTCQX:AHOND), LabCorp (NYSE:LH), Perrigo (NYSE:PRGO), Telus (NYSE:TU), Unilever (UL, UN), UnitedHealth Group (NYSE:UNH)
- See full table here.
Fri, May 6, 7:15 AM
- Estee Lauder (NYSE:EL) announces it will issue a $600M offering of senior notes.
- The offering is comprised of $450M of 1.700% senior notes due in 2021 and $150M of 4.375% Senior Notes due in 2045.
- The company says its will use the proceeds for a variety of purposes, including repayment of commercial paper, working capital, buybacks, and potential M&A.
Tue, May 3, 7:54 AM
- Estee Lauder (NYSE:EL) reports net sales rose 6% in FQ3 excluding the impact of foreign currency translation.
- Revenue by geography: The Americas: $1.112B (flat%, +2% on a constant currency basis); EMEA: $1.0.23B (+8%, +11% on a constant currency basis); Asia/Pacific: $521.5M (flat, +5% on a constant currency basis).
- Revenue by segment: Skin Care: $1.073B (-3%, flat on a constant currency basis); Makeup: $1.161B (+7%, +11% on a constant currency basis); Fragrance: $275.2M (+5%, +7% on a constant currency basis); Hair Care: $127.3M (+1%, +3% on a constant currency basis); Other: $19.8M (+100%, +100% on a constant currency basis).
- Gross margin rate improved 50 bps to 81%.
- Adjusted operating margin rate dropped 60 bps to 15%.
- FY2016 Guidance: Net sales: +4% to +5% (+7% to +8% on a constant currency basis); Diluted EPS: $3 to $3.07; Adjusted EPS: $3.09 to $3.14.
Tue, May 3, 6:52 AM
Tue, May 3, 6:50 AM
Mon, May 2, 5:30 PM
- ABMD, ACW, ADM, AFSI, ALE, ALLT, AMAG, AMG, APLP, AROC, ARRY, ARW, AUDC, BBW, BCC, BCO, CARB, CEQP, CFX, CIE, CLX, CMI, COTY, CVLT, CVS, DUK, ECA, ECL, EIGI, EL, EMR, EXAS, FDP, FIS, FMS, FSS, FTR, GLDD, GLT, GRUB, H, HAL, HCA, HCN, HEP, HOT, HRS, HSIC, HW, KEM, KMT, LXRX, MNK, MNTA, MYL, NI, NTI, NWN, NXST, NYT, OZM, PBI, PFE, Q, RDWR, RHP, RRD, S, SALE, SALT, SGNT, SMG, SSH, TAP, TECH, TICC, VLO, VMC, VSH, WAC, WCG, WEC, WLK, WNR, WNRL, WWW, XYL
Thu, Apr. 14, 1:36 PM
- Morgan Stanley identifies 30 stocks for investors to snap up and hold until 2019.
- The investment firm narrowed its list by focusing on strong brands/franchises with distinct competitive advantages, while also scoring strong on pricing power, cost efficiency, and growth.
- The MS list includes Accenture (NYSE:ACN), Alphabet, Amazon.com, Apple, Blackstone Group (NYSE:BX),Comcast (NASDAQ:CMCSA), Constellation Brands (NYSE:STZ), CVS Health (NYSE:CVS), Danaher (NYSE:DHR), Dollar General (NYSE:DG), Estee Lauder (NYSE:EL), Facebook, First Republic Bank (NYSE:FRC), HCA Holdings (NYSE:HCA), International Business Machines (NYSE:IBM), JPMorgan Chase, L Brands (NYSE:LB), Mettler-Toledo (NYSE:MTD), NextEra Energy (NYSE:NEE), Nike (NYSE:NKE), Panera Bread (NASDAQ:PNRA), Philip Morris International (NYSE:PM), Public Storage (NYSE:PSA), Ross Stores (NASDAQ:ROST), SBA Communications(NASDAQ:SBAC), ServiceMaster (NYSE:SERV), T-Mobile (NASDAQ:TMUS), Visa (NYSE:V), WhiteWave Foods (NYSE:WWAV), and Zayo Group Holdings (NYSE:ZAYO).
Wed, Apr. 13, 7:07 AM
- Piper Jaffray raises estimates on Estee Lauder (NYSE:EL) after factoring in results of a proprietary survey of thousands of teenagers.
- The responses indicate that teen and millennial demand for the beauty category is strong.
- The company has gained market share with teenagers over the last few years which bodes well for the future.
- Now read Estée Lauder: First-Half Results Show This Top-Performing Company Remains A Compelling Buy Right Now
Mon, Mar. 21, 3:32 PM
- Barclays raises price targets on companies involved in the cosmetics sector on a slightly more favorable view on how F/X swings will shake out this year. The investment firm also resets valuation on some of the names with consumer staples in favor.
- Estee Lauder (EL +0.1%) catches a PT of $104 vs. $94 prior.
- Procter & Gamble's (PG +0.4%) PT goes to $82 from $79.
- Barclays lifts the PT on Kimberly-Clark (KMB) to $149 from $132.
Thu, Feb. 25, 9:25 AM
Fri, Feb. 5, 7:27 AM
- Estee Lauder (NYSE:EL) reports net sales rose 8% in FQ2 excluding the impact of foreign currency translation.
- Revenue by geography: The Americas: $1.227B (+2%, +4% on a constant currency basis); EMEA: $1.268B (+5%, +13% on a constant currency basis); Asia/Pacific: $629.4M (flat, +6% on a constant currency basis).
- Revenue by segment: Skin Care: $1.232B (-3%, +2% on a constant currency basis); Makeup: $1.251B (+6%, +13% on a constant currency basis); Fragrance +9% to $470.6M (+7%, +12% on a constant currency basis); Hair Care: $149M (+9%, +14% on a constant currency basis); Other: $21.8M (+27%, +28% on a constant currency basis).
- Gross margin rate flat Y/Y at 81.2%.
- Adjusted operating margin rate flat Y/Y at 20.8%..
- FQ3 Guidance: Net sales: +2% to +3% (+6% to +7% on a constant currency basis); Diluted EPS: $0.50 to $0.55; Adjusted EPS: $0.53 to $0.58.
- FY2016 Guidance: Net sales: +4% to +5% (+9% to +10% on a constant currency basis); Diluted EPS: $2.98 to $3.05; Adjusted EPS: $3.09 to $3.12.
Fri, Feb. 5, 6:49 AM
Fri, Feb. 5, 6:39 AM
Thu, Feb. 4, 5:30 PM
Dec. 7, 2015, 2:22 PM
- Select consumer staples continue to show some resiliency after last week's U.S. jobs report came in strong.
- Personal care stocks Avon Products (AVP +4%), Estee Lauder (EL +1.6%), and Elizabeth Arden (RDEN +3.2%) are all higher. Activist investors circling Avon are also a factor along with the consumer spending optimism.
- The grocery store sector is up solidly, led by Kroger (KR +2.2%), Sprouts Farmers Market (SFM +2.2%), Ingles Markets (IMKTA +0.7%), and Supervalu (SVU +1.8%). Whole Foods Market (WFM +4.3%) is also up a brisk 4.3%, although the company tiptoes the line between discretionary and staples.
- The buying action on the names above along with the strong day for the beverage sector have been enough to keep the S&P Consumer Staples ETF (NYSEARCA:XLP) in positive territory even with broad market averages lower.
- Last week: Rally mode for consumer-facing stocks (Dec. 04 2015)
- ETFs: XLP, VDC, FXG, RHS, FSTA
Nov. 11, 2015, 9:28 AM
- A warning by Macy's on having trouble clearing out inventory at U.S. stores could have a negative impact on major suppliers. The soft demand reported by Macy's leading into the holiday season has also been seen at other high-volume selling channels.
- The list of major Macy's apparel suppliers includes Ralph Lauren (NYSE:RL), Calvin Klein (NYSE:PVH), Michael Kors (NYSE:KORS), Estee Lauder (NYSE:EL), Carter's (NYSE:CRI), and Nautica (NYSE:VFC). A scan of the Macy's website shows plenty of promotions for those brands.
- Previously: Retailers eye inventory levels with Black Friday 17 days away (Nov. 10 2015)
- Previously: Department store sector on watch after Macy's warns (Nov. 11 2015)
- Previously: Macy's lower after U.S. sales slump and nixing REIT (Nov. 11 2015)
Estée Lauder Cos., Inc. manufactures and markets skin care, makeup, fragrance and hair care products. It offers skin care products, such as moisturizers, serums, cleansers, toners, body care, exfoliators, acne and oil correctors, facial masks, cleansing devices and sun care products; fragrance... More
Sector: Consumer Goods
Industry: Personal Products
Country: United States
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