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Pick L'Oréal Over Ulta Stock?
LRLCYL'Oreal(LRLCY) Forbes·2024-10-09 12:00

CALABASAS, CALIFORNIA - APRIL 19: The exterior of an ULTA Beauty store photographed on April 19, ... [+] 2022 in Calabasas, California. (Photo by Jeremy Moeller/Getty Images) Getty Images Given its better prospects, we believe that L'Oréal stock (OTCMKTS: LRLCY) is a better pick than its peer Ulta Beauty stock (NASDAQ: ULTA). LRLCY stock trades at a higher valuation multiple of 5.2x trailing revenues, versus 1.6x for ULTA stock. Investors have assigned a higher valuation multiple for L'Oréal, given its supe ...