Estee Lauder is punished for its light guidance. Here's why we are not joining the sellers
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 01 2024
0mins
Source: CNBC
- Estee Lauder Stock Performance: Estee Lauder's stock fell due to a weak fiscal fourth-quarter outlook despite strong third-quarter results.
- Investor Focus: Investors were more concerned about the company's future outlook than its current performance.
- Business Fundamentals Outlook: Analysts believe that Estee Lauder's business fundamentals and profitability are expected to improve in the next fiscal year.
- Positive Future Forecast: There is optimism that Estee Lauder's profit and overall business performance will see growth in the upcoming fiscal year.
- Market Reaction: The market reaction to Estee Lauder's weak fourth-quarter outlook was significant, impacting the stock price.
Analyst Views on BBWI
Wall Street analysts forecast BBWI stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for BBWI is 20.14 USD with a low forecast of 15.00 USD and a high forecast of 26.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
4 Buy
10 Hold
0 Sell
Moderate Buy
Current: 22.580
Low
15.00
Averages
20.14
High
26.00
Current: 22.580
Low
15.00
Averages
20.14
High
26.00
About BBWI
Bath & Body Works, Inc. is a global omnichannel retailer focused on personal care and home fragrance. The Company offers a range of fragrances for the body and home, including selling collections for 3-wick candles, home fragrance diffusers, fine fragrance mists, liquid hand soaps, body lotions and body creams. It delivers customers their fragrances in multiple forms and categories. The Company sells merchandise through its retail stores in the United States and Canada, and through its Websites and other channels, under the Bath & Body Works, White Barn and other brand names. The Company’s international business is conducted through franchise, license and wholesale partners. It provides in-store experiences at more than 1,890 Company-operated Bath & Body Works locations in the United States and Canada, more than 525 international franchised locations and an online storefront at bathandbodyworks.com. Additionally, it offers a buy online pick-up in-store (BOPIS) option.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
