Citigroup Lowers Estee Lauder Companies (NYSE:EL) Price Target to $92.00

Estee Lauder Companies (NYSE:EL) had its price objective decreased by research analysts at Citigroup from $120.00 to $92.00 in a report issued on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Citigroup’s target price points to a potential upside of 22.15% from the company’s previous close.

A number of other brokerages have also recently weighed in on EL. Wall Street Zen cut shares of Estee Lauder Companies from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. Telsey Advisory Group reissued a “market perform” rating and set a $105.00 price target on shares of Estee Lauder Companies in a research report on Thursday, February 5th. Barclays reduced their price target on shares of Estee Lauder Companies from $94.00 to $72.00 and set an “equal weight” rating on the stock in a research report on Tuesday. Raymond James Financial raised shares of Estee Lauder Companies from a “market perform” rating to a “strong-buy” rating and set a $130.00 price target on the stock in a research report on Monday, January 5th. Finally, UBS Group reduced their price target on shares of Estee Lauder Companies from $107.00 to $75.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 7th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $99.10.

Estee Lauder Companies Stock Performance

Shares of Estee Lauder Companies stock opened at $75.32 on Wednesday. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.36 and a quick ratio of 1.00. The firm has a market cap of $27.25 billion, a P/E ratio of -150.64, a P/E/G ratio of 0.88 and a beta of 1.26. The firm has a 50 day simple moving average of $89.62 and a 200 day simple moving average of $97.35. Estee Lauder Companies has a fifty-two week low of $52.51 and a fifty-two week high of $121.64.

Estee Lauder Companies (NYSE:EL) last issued its quarterly earnings results on Thursday, February 5th. The company reported $0.89 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.05. Estee Lauder Companies had a negative net margin of 1.21% and a positive return on equity of 17.59%. The business had revenue of $4.23 billion during the quarter, compared to analyst estimates of $4.22 billion. During the same quarter last year, the business posted $0.62 earnings per share. Estee Lauder Companies’s revenue for the quarter was up 5.6% compared to the same quarter last year. Estee Lauder Companies has set its FY 2026 guidance at 2.030-2.230 EPS. Sell-side analysts predict that Estee Lauder Companies will post 1.36 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Estee Lauder Companies

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Polianta Ltd acquired a new position in shares of Estee Lauder Companies during the 1st quarter worth about $1,499,000. E. Ohman J or Asset Management AB increased its stake in shares of Estee Lauder Companies by 27.0% during the 1st quarter. E. Ohman J or Asset Management AB now owns 8,934 shares of the company’s stock worth $641,000 after purchasing an additional 1,900 shares during the last quarter. Hsbc Holdings PLC increased its stake in shares of Estee Lauder Companies by 11.5% during the 4th quarter. Hsbc Holdings PLC now owns 488,551 shares of the company’s stock worth $51,129,000 after purchasing an additional 50,346 shares during the last quarter. Rockefeller Capital Management L.P. increased its stake in shares of Estee Lauder Companies by 52.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 7,703 shares of the company’s stock worth $807,000 after purchasing an additional 2,650 shares during the last quarter. Finally, Corient Private Wealth LLC increased its stake in shares of Estee Lauder Companies by 12.7% during the 4th quarter. Corient Private Wealth LLC now owns 48,142 shares of the company’s stock worth $5,044,000 after purchasing an additional 5,427 shares during the last quarter. 55.15% of the stock is owned by institutional investors.

Estee Lauder Companies Company Profile

Estée Lauder Companies Inc (NYSE: EL) is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.

The company’s portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.