L’Oreal Stock Earnings Estimates Lifted by Erste Group Bank

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

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

L’Oreal Stock Performance

Shares of L’Oreal stock opened at $97.96 on Tuesday. 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 stock has a 50 day moving average price of $89.21 and a two-hundred day moving average price of $87.64. L’Oreal has a 12-month low of $78.82 and a 12-month high of $99.28.

L’Oreal Company Profile

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.