EL

Estee Lauder Cos., Inc. - Ordinary Shares - Class A

Consumer


Presented:07/21/2022
Price:$262.57
Cap:$93.83B
Current Price:$91.43
Cap:$32.82B

Presented

Date07/21/2022
Price$262.57
Market Cap$93.83B
Ent Value$103.87B
P/E Ratio28.69x
Book Value$17.19
Div Yield0.89%
Shares O/S357.35M
Ave Daily Vol1,646,517
Short Int1.49%

Current

Price$91.43
Market Cap$32.82B
The Estée Lauder Companies, Inc. engages in the manufacture of skin care, makeup, fragrance and hair care products. It sells products under the following brand names: Estée Lauder, Clinique, Origins, MAC, Bobbi Brown, La Mer, Jo Malone London, Aveda and Too Faced. Its channels consist of department stores, multi-brand retailers, upscale perfumeries and pharmacies, and prestige salons and spas. The company was founded by Estee Lauder and Joseph Lauder in 1946 and is headquartered in New York, NY.

Publicly traded companies mentioned herein: Estee Lauder Cos Inc/The (EL)

Highlights

The presenter is short shares of The Estee Lauder Cos Inc (EL), believing the company will need to cut guidance again, potentially as soon as this quarter. The Americas make up just ~25% of sales, with China and India making up a significant portion of the balance. Last quarter, EL missed badly in China and lowered guidance due to the lack of visibility into China lockdowns. With a continued lack of visibility into China and Europe, he thinks there is another guidance revision to come, ultimately driving multiple compression and downside to $200 per share. 

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Idea Discussion

Commentor 1 - 2 weeks ago

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