Estee Lauder Companies Inc (EL) to Post Q1 2020 Earnings of $1.54 Per Share, Jefferies Financial Group Forecasts

Estee Lauder Companies Inc (NYSE:EL) – Equities research analysts at Jefferies Financial Group lowered their Q1 2020 earnings estimates for shares of Estee Lauder Companies in a report issued on Wednesday, May 1st, according to Zacks Investment Research. Jefferies Financial Group analyst S. Wissink now anticipates that the company will post earnings per share of $1.54 for the quarter, down from their prior estimate of $1.56.

Estee Lauder Companies (NYSE:EL) last issued its quarterly earnings data on Wednesday, May 1st. The company reported $1.55 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.25. The company had revenue of $3.74 billion during the quarter, compared to the consensus estimate of $3.56 billion. Estee Lauder Companies had a net margin of 12.45% and a return on equity of 43.52%. Estee Lauder Companies’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.17 earnings per share.

Other equities analysts also recently issued research reports about the stock. ValuEngine raised shares of Estee Lauder Companies from a “hold” rating to a “buy” rating in a research note on Wednesday, January 30th. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $153.00 price target on shares of Estee Lauder Companies in a report on Wednesday, January 30th. Zacks Investment Research raised shares of Estee Lauder Companies from a “hold” rating to a “buy” rating and set a $153.00 price target on the stock in a report on Wednesday, February 6th. Deutsche Bank lifted their price target on shares of Estee Lauder Companies to $167.00 and gave the stock a “buy” rating in a report on Wednesday, February 6th. Finally, Citigroup lifted their price target on shares of Estee Lauder Companies from $179.00 to $188.00 and gave the stock a “buy” rating in a report on Tuesday, April 9th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and fifteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $170.82.

NYSE:EL traded up $1.56 during trading hours on Monday, reaching $165.61. The company’s stock had a trading volume of 1,097,392 shares, compared to its average volume of 1,847,183. The company has a market capitalization of $60.29 billion, a price-to-earnings ratio of 36.72, a price-to-earnings-growth ratio of 2.47 and a beta of 0.72. Estee Lauder Companies has a 12 month low of $121.47 and a 12 month high of $180.20. The company has a quick ratio of 1.26, a current ratio of 1.69 and a debt-to-equity ratio of 0.62.

Large investors have recently bought and sold shares of the business. Machina Capital S.A.S. purchased a new stake in Estee Lauder Companies in the fourth quarter valued at $30,000. Coastal Investment Advisors Inc. purchased a new stake in Estee Lauder Companies in the first quarter valued at $43,000. Anderson Fisher LLC purchased a new stake in Estee Lauder Companies in the first quarter valued at $43,000. Trust Co. of Vermont boosted its holdings in Estee Lauder Companies by 112.1% in the first quarter. Trust Co. of Vermont now owns 263 shares of the company’s stock valued at $44,000 after purchasing an additional 139 shares during the last quarter. Finally, Motco boosted its holdings in Estee Lauder Companies by 45.8% in the first quarter. Motco now owns 277 shares of the company’s stock valued at $46,000 after purchasing an additional 87 shares during the last quarter. 54.31% of the stock is currently owned by institutional investors.

In other news, major shareholder Zinterhofer Aerin Lauder Trust sold 2,800,000 shares of the business’s stock in a transaction on Monday, May 6th. The shares were sold at an average price of $166.21, for a total transaction of $465,388,000.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Charlene Barshefsky sold 1,356 shares of the business’s stock in a transaction on Monday, May 6th. The shares were sold at an average price of $172.19, for a total transaction of $233,489.64. Following the sale, the director now directly owns 4,000 shares in the company, valued at $688,760. The disclosure for this sale can be found here. Insiders have sold 3,101,723 shares of company stock worth $515,663,218 over the last three months. Corporate insiders own 16.13% of the company’s stock.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 17th. Stockholders of record on Friday, May 31st will be issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date of this dividend is Thursday, May 30th. Estee Lauder Companies’s dividend payout ratio (DPR) is presently 38.14%.

About Estee Lauder Companies

The Estée Lauder Companies Inc manufactures and markets skin care, makeup, fragrance, and hair care products. The company offers a range of skin care products, such as moisturizers, serums, cleansers, toners, body care products, exfoliators, acne care products, facial masks, cleansing devices, and sun care products; and makeup products, including lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as related items, including compacts, brushes, and other makeup tools.

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Earnings History and Estimates for Estee Lauder Companies (NYSE:EL)

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