Analysts Set The Estee Lauder Companies Inc. (NYSE:EL) PT at $77.70

The Estee Lauder Companies Inc. (NYSE:EL) has earned a consensus rating of “Hold” from the twenty-two ratings firms that are presently covering the company, Marketbeat reports. Fourteen equities research analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $80.95.

EL has been the topic of several research reports. Bank of America initiated coverage on Estee Lauder Companies in a research report on Thursday, July 10th. They set a “buy” rating and a $110.00 price objective on the stock. B. Riley reaffirmed a “neutral” rating and set a $60.00 price objective (down from $70.00) on shares of Estee Lauder Companies in a research report on Friday, May 2nd. Canaccord Genuity Group cut their price objective on Estee Lauder Companies from $70.00 to $62.00 and set a “hold” rating on the stock in a research report on Tuesday, April 29th. Telsey Advisory Group reissued a “market perform” rating and issued a $76.00 price target on shares of Estee Lauder Companies in a research report on Thursday, May 1st. Finally, Barclays boosted their price target on Estee Lauder Companies from $63.00 to $84.00 and gave the stock an “equal weight” rating in a research report on Tuesday.

Institutional Investors Weigh In On Estee Lauder Companies

Institutional investors have recently bought and sold shares of the company. TD Private Client Wealth LLC lifted its stake in shares of Estee Lauder Companies by 246.4% during the second quarter. TD Private Client Wealth LLC now owns 478 shares of the company’s stock worth $39,000 after buying an additional 340 shares during the period. Annis Gardner Whiting Capital Advisors LLC lifted its stake in shares of Estee Lauder Companies by 1,182.1% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 500 shares of the company’s stock worth $33,000 after buying an additional 461 shares during the period. Winthrop Capital Management LLC lifted its stake in shares of Estee Lauder Companies by 2,240.0% during the first quarter. Winthrop Capital Management LLC now owns 585 shares of the company’s stock worth $39,000 after buying an additional 560 shares during the period. Golden State Wealth Management LLC lifted its stake in shares of Estee Lauder Companies by 57.3% during the first quarter. Golden State Wealth Management LLC now owns 626 shares of the company’s stock worth $41,000 after buying an additional 228 shares during the period. Finally, CVA Family Office LLC lifted its stake in shares of Estee Lauder Companies by 116.2% during the first quarter. CVA Family Office LLC now owns 668 shares of the company’s stock worth $44,000 after buying an additional 359 shares during the period. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Estee Lauder Companies Stock Down 4.0%

Shares of NYSE:EL opened at $86.03 on Friday. Estee Lauder Companies has a 1 year low of $48.37 and a 1 year high of $103.44. The company has a market cap of $30.95 billion, a PE ratio of -35.55, a P/E/G ratio of 6.40 and a beta of 1.17. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.41 and a quick ratio of 1.02. The stock’s 50-day moving average is $73.29 and its 200 day moving average is $69.73.

Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.36. The business had revenue of $2.66 billion for the quarter, compared to analysts’ expectations of $3.51 billion. Estee Lauder Companies had a positive return on equity of 15.60% and a negative net margin of 5.89%. The business’s revenue was down 9.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.97 EPS. Sell-side analysts anticipate that Estee Lauder Companies will post 1.36 EPS for the current year.

Estee Lauder Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Friday, May 30th were paid a $0.35 dividend. The ex-dividend date was Friday, May 30th. This represents a $1.40 annualized dividend and a yield of 1.63%. Estee Lauder Companies’s dividend payout ratio (DPR) is -57.85%.

Estee 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, and powders, as well as compacts, brushes, and other makeup tools.