Estee Lauder Companies (NYSE:EL) Issues Q1 2020 Earnings Guidance

Estee Lauder Companies (NYSE:EL) issued an update on its first quarter 2020 earnings guidance on Monday morning. The company provided EPS guidance of $1.56-1.59 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.55. The company issued revenue guidance of $3.84116-3.8764 billion, compared to the consensus revenue estimate of $3.75 billion.Estee Lauder Companies also updated its FY 2020 guidance to $5.90-5.98 EPS.

EL stock opened at $203.72 on Thursday. The firm has a fifty day moving average price of $186.23 and a 200 day moving average price of $170.72. Estee Lauder Companies has a fifty-two week low of $121.47 and a fifty-two week high of $206.00. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.26 and a current ratio of 1.57. The firm has a market cap of $72.97 billion, a PE ratio of 38.15, a price-to-earnings-growth ratio of 2.64 and a beta of 0.81.

Estee Lauder Companies (NYSE:EL) last posted its earnings results on Monday, August 19th. The company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.11. Estee Lauder Companies had a net margin of 12.01% and a return on equity of 44.43%. The firm had revenue of $3.59 billion during the quarter, compared to analyst estimates of $3.53 billion. During the same period last year, the firm posted $0.61 earnings per share. Estee Lauder Companies’s revenue for the quarter was up 9.0% compared to the same quarter last year. On average, equities analysts predict that Estee Lauder Companies will post 5.97 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 16th. Shareholders of record on Friday, August 30th will be paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 0.84%. The ex-dividend date of this dividend is Thursday, August 29th. Estee Lauder Companies’s payout ratio is 32.21%.

Several research firms have commented on EL. Evercore ISI set a $190.00 price objective on shares of Estee Lauder Companies and gave the stock a buy rating in a research note on Monday, August 12th. Raymond James reaffirmed an outperform rating and set a $216.00 price objective (up from $181.00) on shares of Estee Lauder Companies in a research note on Tuesday. Royal Bank of Canada lifted their price objective on shares of Estee Lauder Companies to $200.00 in a research note on Tuesday. Zacks Investment Research raised shares of Estee Lauder Companies from a hold rating to a buy rating and set a $212.00 price objective for the company in a research note on Tuesday. Finally, Deutsche Bank reaffirmed a buy rating and set a $221.00 price objective (up from $202.00) on shares of Estee Lauder Companies in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and seventeen have given a buy rating to the stock. The company presently has an average rating of Buy and an average target price of $188.88.

In related news, EVP Alexandra C. Trower sold 6,608 shares of the stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $203.78, for a total value of $1,346,578.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 16.13% of the company’s stock.

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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