L’Oreal (LRLCY) Expected to Post Earnings on Wednesday

L’Oreal (OTCMKTS:LRLCY) is projected to announce its resultson Wednesday, July 29th. Analysts expect the company to post earnings of $1.73 per share and revenue of $27.3389 billion for the quarter.

L’Oreal Trading Down 0.0%

L’Oreal stock opened at $86.43 on Wednesday. L’Oreal has a 12 month low of $78.82 and a 12 month high of $95.48. The stock has a fifty day simple moving average of $86.95 and a two-hundred day simple moving average of $86.95. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.44 and a quick ratio of 1.15.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft downgraded L’Oreal from a “hold” rating to a “sell” rating in a report on Monday, June 22nd. BNP Paribas Exane raised L’Oreal from an “underperform” rating to a “neutral” rating in a research report on Tuesday, May 5th. Berenberg Bank upgraded shares of L’Oreal from a “hold” rating to a “buy” rating in a research note on Thursday, May 28th. Finally, Citigroup raised shares of L’Oreal from a “neutral” rating to a “buy” rating in a report on Thursday, June 25th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, L’Oreal currently has a consensus rating of “Moderate Buy”.

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.