A Look Into Estee Lauder Cos Inc's Price Over Earnings
Portfolio Pulse from Benzinga Insights
Estee Lauder Cos Inc. (NYSE:EL) shares are currently priced at $95.22, reflecting a 1.96% decrease. The stock has risen 5.76% over the past month but decreased 34.42% over the past year. Its P/E ratio of 89.93 is higher than the industry average of 50.26, suggesting potential overvaluation or better future performance expectations.
October 03, 2024 | 3:16 pm
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Estee Lauder's current share price is $95.22, with a recent decrease of 1.96%. The stock's P/E ratio is 89.93, higher than the industry average, indicating potential overvaluation or expectations of better performance.
The article highlights Estee Lauder's current stock price and P/E ratio, which is significantly higher than the industry average. This could suggest overvaluation or positive future performance expectations. However, the mixed short-term and long-term performance makes the short-term impact neutral.
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IMPORTANCE 70
RELEVANCE 100