L’Oréal S.A. (OTCMKTS:LRLCY) to Post FY2020 Earnings of $1.81 Per Share, Jefferies Financial Group Forecasts


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L’Oréal S.A. (OTCMKTS:LRLCY) – Investment analysts at Jefferies Financial Group increased their FY2020 earnings per share estimates for L’Oréal in a research report issued to clients and investors on Tuesday, January 12th. Jefferies Financial Group analyst S. Wissink now forecasts that the company will earn $1.81 per share for the year, up from their prior forecast of $1.72. Jefferies Financial Group also issued estimates for L’Oréal’s FY2021 earnings at $1.94 EPS and FY2022 earnings at $2.05 EPS.

LRLCY has been the topic of a number of other research reports. UBS Group reissued a “buy” rating on shares of L’Oréal in a research report on Tuesday. JPMorgan Chase & Co. reissued an “overweight” rating on shares of L’Oréal in a research report on Thursday, December 3rd. The Goldman Sachs Group raised shares of L’Oréal from a “neutral” rating to a “buy” rating in a research report on Monday, September 28th. Zacks Investment Research downgraded shares of L’Oréal from a “buy” rating to a “hold” rating in a research report on Friday, January 8th. Finally, Evercore ISI downgraded shares of L’Oréal to an “outperform” rating in a research report on Friday, January 8th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $80.50.

L’Oréal stock opened at $73.52 on Thursday. The firm has a 50-day moving average price of $74.36 and a 200-day moving average price of $68.82. The firm has a market capitalization of $205.60 billion, a PE ratio of 58.82, a price-to-earnings-growth ratio of 8.05 and a beta of 0.54. L’Oréal has a 12-month low of $43.46 and a 12-month high of $77.46.

L’Oréal Company Profile

L'Oréal SA, through its subsidiaries, manufactures and sells cosmetic products for women and men worldwide. The company operates through four divisions: Consumer Products, L'oréal Luxe, Professional Products, and Active Cosmetics. It offers shampoos, hair care products, shower gels, skin care products, cleansers, hair colors, styling products, deodorants, sun care products, make-up, perfumes, etc.

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