Estée Lauder Companies’ (EL) Market Perform Rating Reaffirmed at Telsey Advisory Group

Estée Lauder Companies (NYSE:EL)‘s stock had its “market perform” rating reaffirmed by stock analysts at Telsey Advisory Group in a research note issued on Thursday, Benzinga reports. They presently have a $105.00 price target on the stock. Telsey Advisory Group’s target price suggests a potential upside of 19.60% from the company’s previous close.

Other equities analysts have also recently issued reports about the company. HSBC cut Estée Lauder Companies from a “buy” rating to a “hold” rating and set a $100.00 price objective for the company. in a report on Wednesday, October 16th. Evercore ISI lowered their target price on Estée Lauder Companies from $180.00 to $130.00 and set an “outperform” rating for the company in a research note on Tuesday, August 20th. StockNews.com lowered Estée Lauder Companies from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. The Goldman Sachs Group lowered their target price on Estée Lauder Companies from $115.00 to $100.00 and set a “neutral” rating for the company in a research note on Tuesday, August 20th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on Estée Lauder Companies from $108.00 to $105.00 and set a “hold” rating for the company in a research note on Tuesday, August 20th. Sixteen equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $116.91.

Estée Lauder Companies Price Performance

EL opened at $87.79 on Thursday. The stock has a 50-day moving average price of $91.58 and a 200-day moving average price of $109.15. Estée Lauder Companies has a 12-month low of $82.39 and a 12-month high of $159.75. The company has a current ratio of 1.39, a quick ratio of 1.01 and a debt-to-equity ratio of 1.37. The stock has a market capitalization of $31.48 billion, a P/E ratio of 49.32, a PEG ratio of 1.58 and a beta of 1.01.

Estée Lauder Companies (NYSE:EL) last posted its quarterly earnings data on Monday, August 19th. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.39. Estée Lauder Companies had a return on equity of 16.91% and a net margin of 2.50%. The firm had revenue of $3.87 billion during the quarter, compared to analysts’ expectations of $3.80 billion. During the same period in the prior year, the business earned $0.07 EPS. The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. Equities analysts predict that Estée Lauder Companies will post 2.97 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Lynn Forester sold 3,890 shares of the company’s stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $93.61, for a total value of $364,142.90. Following the sale, the director now owns 15,209 shares in the company, valued at $1,423,714.49. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other Estée Lauder Companies news, Director Lynn Forester sold 3,890 shares of Estée Lauder Companies stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $93.61, for a total value of $364,142.90. Following the completion of the sale, the director now owns 15,209 shares of the company’s stock, valued at approximately $1,423,714.49. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Charlene Barshefsky sold 3,437 shares of Estée Lauder Companies stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $91.93, for a total value of $315,963.41. Following the completion of the sale, the director now directly owns 49,800 shares of the company’s stock, valued at approximately $4,578,114. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 12.77% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Estée Lauder Companies

Several institutional investors and hedge funds have recently bought and sold shares of EL. Riverview Trust Co purchased a new position in shares of Estée Lauder Companies in the first quarter valued at about $26,000. Hexagon Capital Partners LLC lifted its position in shares of Estée Lauder Companies by 103.1% in the first quarter. Hexagon Capital Partners LLC now owns 195 shares of the company’s stock valued at $30,000 after acquiring an additional 99 shares in the last quarter. Crewe Advisors LLC purchased a new position in shares of Estée Lauder Companies in the first quarter valued at about $35,000. Chilton Capital Management LLC lifted its position in shares of Estée Lauder Companies by 163.0% in the first quarter. Chilton Capital Management LLC now owns 263 shares of the company’s stock valued at $41,000 after acquiring an additional 163 shares in the last quarter. Finally, Larson Financial Group LLC lifted its position in shares of Estée Lauder Companies by 3,262.5% in the first quarter. Larson Financial Group LLC now owns 269 shares of the company’s stock valued at $41,000 after acquiring an additional 261 shares in the last quarter. 55.15% of the stock is currently owned by hedge funds and other 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, and powders, as well as compacts, brushes, and other makeup tools.