The Estée Lauder Companies Inc. Expected to Post FY2024 Earnings of $2.25 Per Share (NYSE:EL)

The Estée Lauder Companies Inc. (NYSE:EL) – Stock analysts at Telsey Advisory Group upped their FY2024 earnings per share (EPS) estimates for shares of Estée Lauder Companies in a report released on Thursday, May 2nd. Telsey Advisory Group analyst D. Telsey now anticipates that the company will post earnings of $2.25 per share for the year, up from their previous estimate of $2.23. Telsey Advisory Group currently has a “Market Perform” rating and a $155.00 target price on the stock. The consensus estimate for Estée Lauder Companies’ current full-year earnings is $2.22 per share. Telsey Advisory Group also issued estimates for Estée Lauder Companies’ Q1 2025 earnings at $0.89 EPS, Q2 2025 earnings at $1.15 EPS, Q3 2025 earnings at $0.98 EPS, Q4 2025 earnings at $0.95 EPS and FY2025 earnings at $3.96 EPS.

Estée Lauder Companies (NYSE:EL) last posted its quarterly earnings data 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. Estée Lauder Companies had a return on equity of 13.08% and a net margin of 4.18%. The company had revenue of $3.94 billion during the quarter, compared to analysts’ expectations of $3.92 billion. During the same quarter in the previous year, the business earned $0.47 EPS. Estée Lauder Companies’s revenue was up 5.0% compared to the same quarter last year.

A number of other research firms have also recently issued reports on EL. Raymond James boosted their price objective on Estée Lauder Companies from $150.00 to $175.00 and gave the company a “strong-buy” rating in a report on Tuesday, February 6th. Royal Bank of Canada boosted their price objective on Estée Lauder Companies from $115.00 to $131.00 and gave the company a “sector perform” rating in a report on Tuesday, February 6th. Canaccord Genuity Group lowered their target price on Estée Lauder Companies from $140.00 to $131.00 and set a “hold” rating for the company in a report on Thursday, May 2nd. Wells Fargo & Company upped their target price on Estée Lauder Companies from $155.00 to $175.00 and gave the stock an “overweight” rating in a report on Tuesday, February 6th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on Estée Lauder Companies from $160.00 to $159.00 in a report on Wednesday, May 1st. Seventeen equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Estée Lauder Companies has a consensus rating of “Hold” and an average target price of $160.92.

Estée Lauder Companies Price Performance

EL opened at $129.52 on Monday. The business has a fifty day moving average of $145.20 and a 200 day moving average of $138.03. Estée Lauder Companies has a 52-week low of $102.22 and a 52-week high of $209.64. The company has a quick ratio of 1.15, a current ratio of 1.58 and a debt-to-equity ratio of 1.26. The stock has a market cap of $46.43 billion, a P/E ratio of 72.76, a PEG ratio of 3.50 and a beta of 1.07.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Wetzel Investment Advisors Inc. increased its holdings in shares of Estée Lauder Companies by 8.3% in the first quarter. Wetzel Investment Advisors Inc. now owns 885 shares of the company’s stock valued at $128,000 after purchasing an additional 68 shares during the period. Tradewinds Capital Management LLC increased its holdings in shares of Estée Lauder Companies by 34.1% in the first quarter. Tradewinds Capital Management LLC now owns 295 shares of the company’s stock valued at $45,000 after purchasing an additional 75 shares during the period. Cullen Frost Bankers Inc. increased its holdings in shares of Estée Lauder Companies by 0.5% in the fourth quarter. Cullen Frost Bankers Inc. now owns 16,682 shares of the company’s stock valued at $2,440,000 after purchasing an additional 76 shares during the period. Haverford Trust Co increased its holdings in shares of Estée Lauder Companies by 2.3% in the first quarter. Haverford Trust Co now owns 3,409 shares of the company’s stock valued at $525,000 after purchasing an additional 78 shares during the period. Finally, Massmutual Trust Co. FSB ADV boosted its stake in shares of Estée Lauder Companies by 25.6% in the first quarter. Massmutual Trust Co. FSB ADV now owns 402 shares of the company’s stock worth $62,000 after buying an additional 82 shares during the last quarter. 55.15% of the stock is owned by institutional investors and hedge funds.

Estée Lauder Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 17th. Investors of record on Friday, May 31st will be given a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a yield of 2.04%. The ex-dividend date of this dividend is Thursday, May 30th. Estée Lauder Companies’s dividend payout ratio is currently 148.32%.

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.