Puig suma adeptos a la espera de su 'Día del Inversor'

Puig is gaining supporters as investors await their Investor's Day on October 28th. Recent earnings expectations and an analysis indicate positive news is likely to emerge on that day. Puig's stock value reflects its diversified business, upcoming Investor's Day, and the opportunity to recover ground in the stock market. Renta 4 Banco has extended its coverage to 22.6 euros per share, representing a potential 15.5% gain and making it one of their main bets along with Andbank and XTB.

On October 28th, Puig will present its growth and profitability strategies until 2032. Experts anticipate that this presentation will provide visibility on the company's potential, synergy from acquisitions, and opportunities for expansion in new channels and geographies. Stabilizing fragrances could help alleviate concerns about the group's ability to grow profitably.

Some firms believe that the make-up and skincare business will be Puig's primary growth driver in the medium term, while fragrances and fashion are expected to perform below the group's average. XTB, however, predicts potential improvements in the fragrances segment due to the rise of aspirational luxury.

The acquisition of Isdin is another growth catalyst. Although it will initially dilute consolidated margins, experts calculate it could add around 3% to earnings per share and highlight purchase scale synergies. Additionally, Isdin diversifies revenue and reduces fragrances' dominance, potentially lowering dependency on a single segment.

The valuation is another argument in favor of Puig. The company is currently trading at 11 times its estimated operating result for 2027 and 14 times its earnings, with a 30% discount compared to the sector average and 50% lower than its historical multiples. The main risk facing Puig is the concentration of sales in certain brands, but analysts believe the company's growth capacity, premium portfolio strength, and Isdin integration justify its upcoming stock surge.