The Estée Lauder Companies Inc. (NYSE:EL) Receives $160.75 Average PT from Analysts

Shares of The Estée Lauder Companies Inc. (NYSE:EL) have been given a consensus recommendation of “Hold” by the twenty-four ratings firms that are presently covering the company, MarketBeat reports. Fifteen investment analysts have rated the stock with a hold recommendation, eight have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $160.75.

A number of analysts have issued reports on the stock. Barclays reduced their price target on shares of Estée Lauder Companies from $140.00 to $136.00 and set an “equal weight” rating on the stock in a report on Friday, June 14th. Bernstein Bank lifted their price target on shares of Estée Lauder Companies from $155.00 to $160.00 in a report on Wednesday, May 1st. JPMorgan Chase & Co. reduced their price target on shares of Estée Lauder Companies from $169.00 to $145.00 and set an “overweight” rating on the stock in a report on Thursday, May 2nd. StockNews.com raised shares of Estée Lauder Companies from a “sell” rating to a “hold” rating in a research note on Thursday, May 2nd. Finally, Oppenheimer reissued a “market perform” rating on shares of Estée Lauder Companies in a research note on Monday, April 15th.

Estée Lauder Companies Stock Down 0.0 %

Shares of EL stock opened at $106.39 on Wednesday. The company has a market capitalization of $38.15 billion, a price-to-earnings ratio of 59.80, a PEG ratio of 1.76 and a beta of 0.99. Estée Lauder Companies has a one year low of $102.22 and a one year high of $197.41. The company’s fifty day moving average price is $123.44 and its 200-day moving average price is $136.21. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.58 and a quick ratio of 1.15.

Estée Lauder Companies (NYSE:EL) last announced its quarterly earnings results on Wednesday, May 1st. The company reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.49. The company had revenue of $3.94 billion for the quarter, compared to the consensus estimate of $3.92 billion. Estée Lauder Companies had a net margin of 4.18% and a return on equity of 13.08%. Estée Lauder Companies’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.47 EPS. Sell-side analysts expect that Estée Lauder Companies will post 2.22 EPS for the current fiscal year.

Estée Lauder Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Investors of record on Friday, May 31st were paid a dividend of $0.66 per share. The ex-dividend date was Friday, May 31st. This represents a $2.64 annualized dividend and a dividend yield of 2.48%. Estée Lauder Companies’s dividend payout ratio (DPR) is presently 148.31%.

Insider Buying and Selling

In related news, insider Peter Jueptner sold 12,786 shares of the business’s stock in a transaction that occurred on Wednesday, May 22nd. The shares were sold at an average price of $130.62, for a total transaction of $1,670,107.32. Following the completion of the transaction, the insider now owns 5,578 shares in the company, valued at approximately $728,598.36. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other Estée Lauder Companies news, insider Peter Jueptner sold 12,786 shares of the business’s stock in a transaction that occurred on Wednesday, May 22nd. The shares were sold at an average price of $130.62, for a total transaction of $1,670,107.32. Following the sale, the insider now owns 5,578 shares of the company’s stock, valued at approximately $728,598.36. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO Tracey Thomas Travis sold 14,493 shares of the business’s stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $135.73, for a total transaction of $1,967,134.89. Following the sale, the chief financial officer now directly owns 47,248 shares in the company, valued at approximately $6,412,971.04. The disclosure for this sale can be found here. Insiders sold a total of 42,255 shares of company stock worth $5,453,232 in the last 90 days. 12.77% of the stock is owned by corporate insiders.

Institutional Trading of Estée Lauder Companies

Large investors have recently bought and sold shares of the stock. Riverview Trust Co purchased a new stake in Estée Lauder Companies during the 1st quarter worth approximately $26,000. Rakuten Securities Inc. purchased a new stake in Estée Lauder Companies during the 4th quarter worth approximately $26,000. Hexagon Capital Partners LLC boosted its holdings in shares of Estée Lauder Companies by 103.1% in the 1st quarter. Hexagon Capital Partners LLC now owns 195 shares of the company’s stock valued at $30,000 after acquiring an additional 99 shares during the last quarter. Crewe Advisors LLC purchased a new stake in shares of Estée Lauder Companies in the 1st quarter valued at $35,000. Finally, Chilton Capital Management LLC boosted its holdings in shares of Estée Lauder Companies by 163.0% in the 1st quarter. Chilton Capital Management LLC now owns 263 shares of the company’s stock valued at $41,000 after acquiring an additional 163 shares during the last quarter. Hedge funds and other institutional investors own 55.15% of the company’s stock.

About Estée Lauder Companies

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as compacts, brushes, and other makeup tools.