William Blair assigns outperform rating to Bare Escentuals
02 Jun '08
1 min read
William Blair & Company initiated research coverage of Bare Escentuals Inc, a high-growth prestige beauty company and the market leader in sales of mineral cosmetics, with an Outperform rating and Aggressive Growth company profile.
Analyst Jon Andersen estimated that the company would generate diluted EPS of $1.18 in 2008, $1.46 in 2009, and $1.80 in 2010.
“We believe Bare Escentuals represents one of the more attractive long-term growth opportunities among small- and midcap stocks in the consumer products industry,” Andersen said.
“A robust and sustainable growth scenario exists, given the company's position at the center of favorable natural beauty care trends, strong brand equity, unique multichannel marketing model, and highly capable executive team.”
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