Research Analysts’ Weekly Ratings Updates for Estee Lauder Companies (EL)

Several analysts have recently updated their ratings and price targets for Estee Lauder Companies (NYSE: EL):

  • 11/13/2019 – Estee Lauder Companies had its price target raised by analysts at DA Davidson from $184.00 to $201.00. They now have a “neutral” rating on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 11/1/2019 – Estee Lauder Companies had its “outperform” rating reaffirmed by analysts at Raymond James. They now have a $202.00 price target on the stock, down previously from $216.00. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 11/1/2019 – Estee Lauder Companies had its price target lowered by analysts at UBS Group AG from $205.00 to $200.00. They now have a “neutral” rating on the stock.
  • 11/1/2019 – Estee Lauder Companies had its “buy” rating reaffirmed by analysts at Morgan Stanley.
  • 11/1/2019 – Estee Lauder Companies had its price target lowered by analysts at Deutsche Bank AG from $220.00 to $214.00. They now have a “buy” rating on the stock.
  • 10/28/2019 – Estee Lauder Companies was downgraded by analysts at Piper Jaffray Companies from an “overweight” rating to a “neutral” rating. They now have a $204.00 price target on the stock, down previously from $210.00.
  • 10/21/2019 – Estee Lauder Companies was downgraded by analysts at Edward Jones from a “buy” rating to a “hold” rating.
  • 10/16/2019 – Estee Lauder Companies is now covered by analysts at Berenberg Bank. They set a “buy” rating and a $230.00 price target on the stock.
  • 10/2/2019 – Estee Lauder Companies was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 9/24/2019 – Estee Lauder Companies had its price target raised by analysts at Morgan Stanley from $215.00 to $220.00. They now have an “overweight” rating on the stock.

EL opened at $190.99 on Monday. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.53 and a quick ratio of 1.08. The company’s 50 day simple moving average is $190.27 and its two-hundred day simple moving average is $184.74. Estee Lauder Companies Inc has a 1-year low of $121.47 and a 1-year high of $207.50. The firm has a market capitalization of $68.90 billion, a price-to-earnings ratio of 35.77, a price-to-earnings-growth ratio of 2.54 and a beta of 0.76.

Estee Lauder Companies (NYSE:EL) last released its earnings results on Thursday, October 31st. The company reported $1.67 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.60 by $0.07. Estee Lauder Companies had a net margin of 12.34% and a return on equity of 46.14%. The business had revenue of $3.90 billion for the quarter, compared to analyst estimates of $3.85 billion. During the same period last year, the company posted $1.41 EPS. The business’s revenue was up 10.5% on a year-over-year basis. On average, equities analysts anticipate that Estee Lauder Companies Inc will post 5.95 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 1.01%. This is a positive change from Estee Lauder Companies’s previous quarterly dividend of $0.43. The ex-dividend date of this dividend is Wednesday, November 27th. Estee Lauder Companies’s dividend payout ratio (DPR) is 32.21%.

In other news, Vice Chairman Sara E. Moss sold 6,274 shares of Estee Lauder Companies stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $193.55, for a total transaction of $1,214,332.70. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Fabrizio Freda sold 28,819 shares of Estee Lauder Companies stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $206.51, for a total transaction of $5,951,411.69. Following the sale, the chief executive officer now directly owns 93,360 shares in the company, valued at approximately $19,279,773.60. The disclosure for this sale can be found here. Insiders sold a total of 2,229,813 shares of company stock worth $437,759,941 over the last three months. Corporate insiders own 14.68% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the company. Next Capital Management LLC purchased a new stake in shares of Estee Lauder Companies during the 2nd quarter worth $25,000. KCS Wealth Advisory purchased a new stake in shares of Estee Lauder Companies during the 3rd quarter worth $31,000. Acima Private Wealth LLC lifted its position in shares of Estee Lauder Companies by 185.2% during the 3rd quarter. Acima Private Wealth LLC now owns 154 shares of the company’s stock worth $30,000 after purchasing an additional 100 shares during the last quarter. Massey Quick Simon & CO. LLC lifted its position in shares of Estee Lauder Companies by 387.9% during the 2nd quarter. Massey Quick Simon & CO. LLC now owns 161 shares of the company’s stock worth $29,000 after purchasing an additional 128 shares during the last quarter. Finally, NuWave Investment Management LLC purchased a new stake in shares of Estee Lauder Companies during the 2nd quarter worth $33,000. 54.96% of the stock is currently owned by hedge funds and other institutional investors.

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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