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Avon Confirms Deal Talks With Natura
Wednesday, May 22, 2019 - 9:57am | 349Avon Products Inc. (NYSE: AVP) confirmed Wednesday that it's in advanced talks with Natura Cosmeticos SA about being sold to the Brazilian company in an all-stock transaction. There is no guarantee a transaction will result from the discussions, the cosmetics maker said in a...
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Analysts: Estée Lauder's Strength Isn't Just Cosmetic
Thursday, March 7, 2019 - 12:39pm | 577Estée Lauder Companies (NYSE: EL) put on its best face at its Wednesday investor day in New York, and several analysts said they remain impressed with the company’s strong foundation. Investors have already accounted for much of the iconic cosmetic company's strength, though,...
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BMO Slashes e.l.f. Beauty Price Target On Lack Of Earnings Visibility
Wednesday, February 27, 2019 - 12:55pm | 372e.l.f. Beauty Inc (NYSE: ELF) reported topline results Tuesday that were 4 percent below expectations and guided to fourth-quarter 2019 revenue that's15 percent lower than the current consensus estimate. The beauty brand has a lack of earnings visibility and is closing its unprofitable retail...
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L'Oreal Spotlights E-Commerce, Portfolio At Chinese Event
Thursday, November 29, 2018 - 12:08pm | 370L’Oreal Co. (OTC: LRLCY) presented updates and growth projections at company meetings in Shanghai this month. The Analyst Raymond James analyst Marion Boucheron reiterated an Outperform rating on L'Oreal with a price target of 222 euros ($252.63). The Thesis The personal care...
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Deutsche Bank Likes Estee Lauder After 'Exceptionally Strong' Quarter
Thursday, May 3, 2018 - 3:11pm | 391Estee Lauder Companies Inc (NYSE: EL) reported Wednesday an "exceptionally strong quarter," but the market's reaction to the downside wasn't justified, according to Deutsche Bank. The Analyst Deutsche Bank's Steve Powers upgraded Estee Lauder from Hold to Buy with...
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Ulta Beauty A Buy, But A Few Blemishes Move Stock Off Goldman's Conviction List
Monday, October 16, 2017 - 12:10pm | 403Analysts at Goldman Sachs turned less bullish on Ulta Beauty Inc (NASDAQ: ULTA) amid a more mixed beauty environment. The firm's Matthew Fassler maintains a Buy rating on Ulta's stock with a price target lowered from $290 and $267 while simultaneously removing the name from the "Goldman Sachs...
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Jefferies Sees Beauties And Beasts In The Modern Cosmetic Space
Saturday, June 3, 2017 - 9:16am | 941Jefferies initiatedcoverage of several companies in the modern cosmetic space, assigning Buy ratings to Ulta Beauty Inc (NASDAQ: ULTA), e.l.f. Beauty Inc (NYSE: ELF) and Estee Lauder Companies Inc (NYSE: EL). Meanwhile, Prestige Brands Holdings, Inc. (NYSE: PBH), Sally Beauty Holdings, Inc...
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E.l.f. Is A Real Beauty; Jefferies Initiates With Buy
Friday, June 2, 2017 - 1:52pm | 362Investors can thank the "selfie generation" for helping boost beauty-related stocks higher, according to Jim Cramer. Teens and millennials are constantly taking selfies for social media platforms — with the apparent implication that everyone needs to look their best at all times. E....
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Analyst: Ulta's Q4 Report An Example Of 'Underpromise And Overdeliver'
Friday, March 10, 2017 - 3:44pm | 659After market close Thursday, Ulta Beauty Inc (NASDAQ: ULTA) reported its fourth-quarter results and issued Q1 and fiscal 2017 guidance. Although earnings beat consensus estimates by more than 5 percent and a $425 million share buyback was announced, guidance was seen as soft, with the top end of Q1...
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P&G, Coty Will Merge Some Brands: Here's What It Means
Thursday, July 9, 2015 - 9:13am | 387Coty Inc. (NYSE: COTY) announced on Thursday the signing of a definitive agreement to merge Procter & Gamble Co (NYSE: PG)'s fine fragrance, color cosmetics, and hair color business into Coty through a tax-free Reverse Morris Trust transaction. Media reports in June suggested that Coty has been...
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5 Companies That Are Empowering Women
Friday, July 11, 2014 - 3:54pm | 1068During an interview with The Atlantic, last week, PepsiCo (NYSE: PEP) CEO Indra Nooyi told a crowd at the Aspen Ideas Festival that women “can't have it all,” meaning that you can't always succeed at both your home life and work life. “We pretend we can have it all,...
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Target Reacts to Underwhelming Canadian Rollout
Thursday, October 31, 2013 - 2:51pm | 591The Toronto Star reported Wednesday that after a self-admitted “underwhelming” rollout in Canada, Target (NYSE: TGT) said it planned to spend the next year trying to change the shopping habits of customers north of the border to more closely match those of its U.S. neighbors. Specifically, what...
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Beauty Knows No Boundarie$
Monday, January 2, 2012 - 6:59pm | 1238The cosmetic industry is an important player in the economic world it has continued to deliver strong sales despite a global economic recession. Cosmetics include products that are meant for personal care such as make up, lotions for the skin, sunscreen, mineral powders, nail polish and the like....
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J.P. Morgan Increases Its Price Target on Ulta Salon, Cosmetics, & Fragrance to $40 (ULTA)
Monday, January 31, 2011 - 9:19am | 120J.P. Morgan is out with its report today on Ulta Salon, Cosmetics, & Fragrance (NASDAQ: ULTA), increasing its price target from $38 to $40. In a note to clients, J.P. Morgan writes, "The company had stated that its long-term target is to achieve low double-digit operating margin over the next 3...
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Cosmetics, Household & Personal Care Products Group Investing Heavily To Accelerate Volume growth
Friday, May 7, 2010 - 3:46pm | 188Even in the tough environment scenario, the group is still investing heavily in innovation and A&P for boosting volume growth. Volume is the sector is being driven by,” (i) big recovery in EM and (ii) US improving slowly, despite weak trends in Europe and Japan,” Deutsche Bank said. “Cost...