Estée Lauder Companies (NYSE:EL) Stock Rating Reaffirmed by Telsey Advisory Group

Estée Lauder Companies (NYSE:EL)‘s stock had its “market perform” rating reaffirmed by equities research analysts at Telsey Advisory Group in a research note issued to investors on Monday, Benzinga reports. They presently have a $115.00 price objective on the stock. Telsey Advisory Group’s price target would indicate a potential upside of 26.42% from the company’s previous close.

EL has been the topic of a number of other research reports. JPMorgan Chase & Co. decreased their price target on shares of Estée Lauder Companies from $145.00 to $129.00 and set an “overweight” rating on the stock in a research note on Friday, July 12th. Citigroup reduced their target price on shares of Estée Lauder Companies from $175.00 to $135.00 and set a “buy” rating on the stock in a research note on Wednesday, July 10th. Royal Bank of Canada upgraded shares of Estée Lauder Companies from a “sector perform” rating to an “outperform” rating and set a $131.00 target price on the stock in a research note on Wednesday, July 24th. Bank of America downgraded shares of Estée Lauder Companies from a “buy” rating to a “neutral” rating and reduced their target price for the company from $140.00 to $100.00 in a research note on Friday, August 16th. Finally, DA Davidson restated a “buy” rating and issued a $191.00 target price on shares of Estée Lauder Companies in a research note on Wednesday, July 24th. Sixteen research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, Estée Lauder Companies currently has an average rating of “Hold” and an average target price of $124.13.

Estée Lauder Companies Stock Down 2.0 %

EL opened at $90.97 on Monday. 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 firm’s fifty day moving average price is $102.14 and its two-hundred day moving average price is $126.98. The company has a market capitalization of $32.62 billion, a P/E ratio of 51.11, a P/E/G ratio of 1.79 and a beta of 0.99.

Estée Lauder Companies (NYSE:EL) last posted its quarterly earnings results on Monday, August 19th. The company reported $0.64 earnings per share 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 firm had revenue of $3.87 billion for the quarter, compared to the consensus estimate of $3.80 billion. During the same quarter in the previous year, the company earned $0.07 earnings per share. The business’s revenue was up 7.3% compared to the same quarter last year. On average, analysts anticipate that Estée Lauder Companies will post 2.21 EPS for the current year.

Insiders Place Their Bets

In other news, EVP Jane Lauder sold 14,976 shares of the company’s stock in a transaction dated Thursday, May 30th. The stock was sold at an average price of $121.26, for a total value of $1,815,989.76. Following the completion of the sale, 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 SEC, which is accessible through this hyperlink. Company insiders own 12.77% of the company’s stock.

Institutional Trading of Estée Lauder Companies

Institutional investors and hedge funds have recently modified their holdings of the stock. Riverview Trust Co bought a new stake in shares of Estée Lauder Companies in the 1st quarter valued at about $26,000. Hexagon Capital Partners LLC grew its position 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 purchasing an additional 99 shares during the period. Crewe Advisors LLC acquired a new position in shares of Estée Lauder Companies in the 1st quarter valued at approximately $35,000. Chilton Capital Management LLC grew its position 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 purchasing an additional 163 shares during the period. Finally, Larson Financial Group LLC grew its position in shares of Estée Lauder Companies by 3,262.5% in the 1st quarter. Larson Financial Group LLC now owns 269 shares of the company’s stock valued at $41,000 after purchasing an additional 261 shares during the period. 55.15% of the stock is 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.