Forecast Of The Day: L’Oreal Makeup Revenues

LRLCY: L'Oreal logo


L’Oreal (OTCMKTS: LRLCY) Makeup Revenues rose from $9.3 billion in 2020 to about $10 billion in 2021. Trefis expects the metric to rise further to levels of around $13 billion by 2023.


Relevant Articles
  1. Is There More Room For Growth In L’Oreal Stock?
  2. After Underperforming The Markets, Can L’Oreal Stock Rally?
  3. L’Oreal Stock Poised For Bounce Back After Rough Month?
  4. After Dismal Performance Last Month, L’Oreal Stock Looks Set To Rebound
  5. L’Oreal Stock Looks Set For A Rally On The Back Of Strong Earnings Growth
  6. Down 13% In The Past Month, L’Oreal Stock Now Looks Like A Buy

We expect makeup sales to rise given strong consumer spending trends and also due to the fact that people are stepping out more often following the Covid-19 lockdowns.

So What?

We think L’Oreal stock is undervalued at current levels. We value L’Oreal at $98 per share, about 20% ahead of the current market price.

See Our Complete Analysis For L’Oreal

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.

Invest with Trefis Market Beating Portfolios
See all Trefis Price Estimates