DA Davidson Boosts Estée Lauder Companies (NYSE:EL) Price Target to $191.00

Estée Lauder Companies (NYSE:EL) had its price objective upped by DA Davidson from $179.00 to $191.00 in a research note published on Monday morning, Benzinga reports. They currently have a buy rating on the stock. DA Davidson also issued estimates for Estée Lauder Companies’ FY2025 earnings at $4.23 EPS.

Several other brokerages have also recently commented on EL. JPMorgan Chase & Co. lifted their price objective on shares of Estée Lauder Companies from $150.00 to $167.00 and gave the company an overweight rating in a research note on Tuesday, February 6th. Telsey Advisory Group increased their price target on Estée Lauder Companies from $115.00 to $155.00 and gave the stock a market perform rating in a research report on Tuesday, February 6th. The Goldman Sachs Group assumed coverage on Estée Lauder Companies in a report on Friday, March 1st. They issued a neutral rating and a $145.00 price objective for the company. Barclays upped their target price on Estée Lauder Companies from $141.00 to $146.00 and gave the stock an equal weight rating in a research note on Friday, April 12th. Finally, Deutsche Bank Aktiengesellschaft cut Estée Lauder Companies from a buy rating to a hold rating and set a $146.00 price target for the company. in a research report on Tuesday, January 2nd. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of Hold and an average target price of $168.00.

Estée Lauder Companies Stock Performance

Shares of EL stock opened at $138.07 on Monday. The business has a fifty day moving average of $146.48 and a 200 day moving average of $138.03. Estée Lauder Companies has a 1 year low of $102.22 and a 1 year high of $260.46. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.36 and a quick ratio of 0.96. The firm has a market capitalization of $49.49 billion, a price-to-earnings ratio of 106.21, a price-to-earnings-growth ratio of 3.57 and a beta of 1.07.

Estée Lauder Companies (NYSE:EL) last announced its quarterly earnings data on Monday, February 5th. The company reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.33. Estée Lauder Companies had a return on equity of 9.78% and a net margin of 3.08%. The business had revenue of $4.28 billion for the quarter, compared to analyst estimates of $4.19 billion. During the same period in the prior year, the company earned $1.54 earnings per share. The company’s revenue was down 7.4% on a year-over-year basis. As a group, research analysts expect that Estée Lauder Companies will post 2.23 earnings per share for the current year.

Estée Lauder Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Thursday, February 29th were paid a dividend of $0.66 per share. The ex-dividend date was Wednesday, February 28th. This represents a $2.64 annualized dividend and a yield of 1.91%. Estée Lauder Companies’s dividend payout ratio (DPR) is currently 203.08%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Chilton Capital Management LLC acquired a new stake in shares of Estée Lauder Companies in the first quarter valued at about $37,000. Riverview Trust Co acquired a new stake in Estée Lauder Companies in the 1st quarter valued at about $26,000. Rakuten Securities Inc. acquired a new stake in Estée Lauder Companies in the 4th quarter valued at about $26,000. Cornerstone Planning Group LLC acquired a new position in shares of Estée Lauder Companies during the 2nd quarter worth approximately $39,000. Finally, Quarry LP purchased a new stake in shares of Estée Lauder Companies in the fourth quarter valued at approximately $29,000. 55.15% of the stock is owned by institutional investors and hedge funds.

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.