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EL

Recent analyst ratings for Estee Lauder Cos (NYSE:EL) show a mix of opinions, with an updated average 12-month price target of $153.8, reflecting a 28.17% increase from the previous target. Analysts from Telsey Advisory Group, JP Morgan, Barclays, DA Davidson, and HSBC have raised their price targets, indicating a positive outlook on the company's performance. Despite a -10.48% decline in revenue growth as of September 30, 2023, Estee Lauder maintains a strong market position with a high net margin of 0.88% and an exceptional ROA of 0.13%, though it faces challenges with a high debt-to-equity ratio of 1.9.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 12:00 pm

AME

AMETEK projects its 2024 sales to increase by a low double-digit percentage compared to 2023, with an adjusted EPS forecast of $6.70-$6.85, closely aligning with the estimated $6.83.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 11:59 am

LLY

Eli Lilly shares are trading higher following the announcement of better-than-expected Q4 FY23 financial results and the issuance of 2024 guidance.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 11:59 am

AME

AMETEK (NYSE:AME) reported Q4 adjusted earnings per share of $1.68, surpassing the consensus estimate of $1.63, marking a 10.53% year-over-year increase. However, its quarterly sales of $1.73 billion fell slightly short of the $1.737 billion estimate, though it represents a 6.40% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 11:57 am

XYL

Xylem (NYSE:XYL) reported Q4 adjusted EPS of $0.99, surpassing the $0.96 estimate, and sales of $2.12B, exceeding the $2.05B estimate. This represents a 7.61% increase in earnings and a 40.64% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 11:57 am

ENR

Energizer Holdings (ENR) reported Q1 adjusted EPS of $0.59, surpassing the $0.56 estimate, with sales of $716.60M also beating the $710.80M estimate. However, this represents an 18.06% decrease in earnings and a 6.34% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 11:56 am

WAT

Waters Corp (WAT) forecasts a decline in Q1 organic constant currency sales growth between -11% to -9% and reported sales growth between -8.5% to -6.5%. The company also anticipates adjusted EPS to be in the range of $2.05-$2.15, which is below the estimated $2.39.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 11:55 am

SUNW

Trading status for SUNW was updated with a halt at 6:55:00 AM ET, followed by a quotation resumption announcement including news and resumption times.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 11:55 am

TSLA

Ark Investment Management predicts Tesla's addressable market could expand tenfold with the launch of a $25K next-gen EV by the end of 2025. Despite Tesla's current stock slump and the slow start of the Cybertruck, analysts see potential for recovery with the introduction of a more affordable vehicle. Tesla's Model Y has already achieved significant sales, and a lower-priced model could significantly increase market reach. Analysts have adjusted Tesla's sales volume estimates and stock price expectations in light of these developments.

Portfolio Pulse from Shanthi Rexaline

February 06, 2024 | 11:54 am

WAT

Waters Corp. (WAT) has provided its full-year 2024 financial outlook, expecting organic constant currency sales growth to range between -0.5% to +1.5%. The company anticipates reported sales growth to be between 0% to +2% and adjusted EPS to be in the range of $11.75 to $12.05, compared to the estimated $11.98.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 11:53 am