The Estée Lauder Companies Inc. to Post Q4 2024 Earnings of $0.27 Per Share, DA Davidson Forecasts (NYSE:EL)

The Estée Lauder Companies Inc. (NYSE:EL) – Investment analysts at DA Davidson issued their Q4 2024 earnings per share estimates for shares of Estée Lauder Companies in a report issued on Thursday, May 2nd. DA Davidson analyst L. Weiser forecasts that the company will post earnings per share of $0.27 for the quarter. DA Davidson has a “Buy” rating and a $191.00 price objective on the stock. The consensus estimate for Estée Lauder Companies’ current full-year earnings is $2.20 per share.

A number of other analysts also recently commented on the company. Oppenheimer reaffirmed a “market perform” rating on shares of Estée Lauder Companies in a research report on Monday, April 15th. Morgan Stanley downgraded Estée Lauder Companies from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $164.00 to $140.00 in a research report on Friday. StockNews.com raised Estée Lauder Companies from a “sell” rating to a “hold” rating in a research report on Thursday. Royal Bank of Canada increased their price target on Estée Lauder Companies from $115.00 to $131.00 and gave the company a “sector perform” rating in a research report on Tuesday, February 6th. Finally, Raymond James increased their price target on Estée Lauder Companies from $150.00 to $175.00 and gave the company a “strong-buy” rating in a research report on Tuesday, February 6th. Seventeen research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Estée Lauder Companies has an average rating of “Hold” and a consensus target price of $160.92.

Estée Lauder Companies Stock Performance

Shares of EL opened at $132.95 on Friday. The company has a current ratio of 1.58, a quick ratio of 0.96 and a debt-to-equity ratio of 1.26. The company has a market capitalization of $47.66 billion, a price-to-earnings ratio of 74.69, a PEG ratio of 3.38 and a beta of 1.07. The stock has a 50 day moving average of $146.22 and a 200 day moving average of $138.23. Estée Lauder Companies has a 12 month low of $102.22 and a 12 month high of $209.64.

Estée Lauder Companies (NYSE:EL) last released its quarterly earnings results on Wednesday, May 1st. The company reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.49. Estée Lauder Companies had a net margin of 4.18% and a return on equity of 13.08%. The business had revenue of $3.94 billion for the quarter, compared to analysts’ expectations of $3.92 billion. During the same period in the previous year, the company earned $0.47 earnings per share. The firm’s revenue for the quarter was up 5.0% compared to the same quarter last year.

Estée Lauder Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 17th. Stockholders of record on Friday, May 31st will be issued a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.99%. The ex-dividend date is Thursday, May 30th. Estée Lauder Companies’s payout ratio is currently 148.32%.

Hedge Funds Weigh In On Estée Lauder Companies

A number of large investors have recently made changes to their positions in the stock. 9258 Wealth Management LLC boosted its stake in Estée Lauder Companies by 9.0% during the first quarter. 9258 Wealth Management LLC now owns 3,317 shares of the company’s stock valued at $511,000 after buying an additional 274 shares during the period. Mediolanum International Funds Ltd bought a new stake in Estée Lauder Companies during the first quarter valued at $13,285,000. Larson Financial Group LLC boosted its stake in Estée Lauder Companies by 3,262.5% during the first quarter. Larson Financial Group LLC now owns 269 shares of the company’s stock valued at $41,000 after buying an additional 261 shares during the period. GSA Capital Partners LLP boosted its stake in Estée Lauder Companies by 222.8% during the first quarter. GSA Capital Partners LLP now owns 14,080 shares of the company’s stock valued at $2,170,000 after buying an additional 9,718 shares during the period. Finally, Boomfish Wealth Group LLC boosted its stake in Estée Lauder Companies by 6.2% during the first quarter. Boomfish Wealth Group LLC now owns 8,210 shares of the company’s stock valued at $1,266,000 after buying an additional 481 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.