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.
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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