Estée Lauder Companies (NYSE:EL) PT Lowered to $125.00

Estée Lauder Companies (NYSE:EL) had its target price decreased by research analysts at Stifel Nicolaus from $165.00 to $125.00 in a report issued on Tuesday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. Stifel Nicolaus’ price objective points to a potential upside of 34.63% from the company’s previous close.

Other equities research analysts have also recently issued reports about the company. StockNews.com upgraded Estée Lauder Companies from a “sell” rating to a “hold” rating in a research note on Thursday, May 2nd. Raymond James lowered Estée Lauder Companies from a “strong-buy” rating to a “market perform” rating in a report on Monday, July 22nd. DA Davidson restated a “buy” rating and issued a $191.00 price target on shares of Estée Lauder Companies in a research report on Wednesday, July 24th. Canaccord Genuity Group cut their price objective on shares of Estée Lauder Companies from $140.00 to $131.00 and set a “hold” rating for the company in a research report on Thursday, May 2nd. Finally, Bank of America lowered shares of Estée Lauder Companies from a “buy” rating to a “neutral” rating and decreased their target price for the company from $140.00 to $100.00 in a report on Friday. Sixteen investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, Estée Lauder Companies presently has a consensus rating of “Hold” and a consensus price target of $136.78.

Estée Lauder Companies Stock Down 2.2 %

EL stock opened at $92.85 on Tuesday. Estée Lauder Companies has a fifty-two week low of $86.05 and a fifty-two week high of $165.76. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.58 and a quick ratio of 1.15. The stock has a market capitalization of $33.29 billion, a price-to-earnings ratio of 52.16, a PEG ratio of 1.79 and a beta of 0.99. The business’s fifty day moving average price is $102.67 and its two-hundred day moving average price is $127.28.

Estée Lauder Companies (NYSE:EL) last released its quarterly earnings results on Monday, August 19th. The company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.39. Estée Lauder Companies had a net margin of 4.18% and a return on equity of 13.08%. The business had revenue of $3.87 billion for the quarter, compared to analyst estimates of $3.80 billion. During the same period last year, the firm earned $0.07 earnings per share. Estée Lauder Companies’s revenue for the quarter was up 7.3% compared to the same quarter last year. On average, equities analysts anticipate that Estée Lauder Companies will post 2.21 earnings per share for the current year.

Insider Transactions at Estée Lauder Companies

In related news, insider Peter Jueptner sold 12,786 shares of the firm’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 value 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 sale was disclosed in a document filed with the SEC, which can be accessed through this link. In other Estée Lauder Companies news, EVP Jane Lauder sold 14,976 shares of Estée Lauder Companies stock in a transaction dated Thursday, May 30th. The stock was sold at an average price of $121.26, for a total transaction of $1,815,989.76. Following the transaction, the executive vice president now directly owns 57,389 shares of the company’s stock, valued at approximately $6,958,990.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Peter Jueptner sold 12,786 shares of the stock in a transaction dated Wednesday, May 22nd. The shares were sold at an average price of $130.62, for a total value of $1,670,107.32. Following the completion of the sale, the insider now directly owns 5,578 shares of the company’s stock, valued at approximately $728,598.36. The disclosure for this sale can be found here. Company insiders own 12.77% of the company’s stock.

Institutional Trading of Estée Lauder Companies

Several institutional investors have recently added to or reduced their stakes in EL. International Assets Investment Management LLC acquired a new position in shares of Estée Lauder Companies in the 4th quarter worth approximately $9,689,000. Federated Hermes Inc. increased its position in shares of Estée Lauder Companies by 121.8% during the fourth quarter. Federated Hermes Inc. now owns 1,302 shares of the company’s stock worth $190,000 after buying an additional 715 shares during the period. MCF Advisors LLC raised its stake in Estée Lauder Companies by 207.9% during the fourth quarter. MCF Advisors LLC now owns 585 shares of the company’s stock worth $86,000 after buying an additional 395 shares during the last quarter. GAMMA Investing LLC acquired a new position in Estée Lauder Companies in the fourth quarter valued at $180,000. Finally, South Dakota Investment Council boosted its position in Estée Lauder Companies by 17.5% during the fourth quarter. South Dakota Investment Council now owns 9,564 shares of the company’s stock valued at $1,399,000 after acquiring an additional 1,425 shares during the last quarter. 55.15% of the stock is currently owned by institutional investors.

Estée Lauder Companies Company Profile

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.