Analysts’ Recent Ratings Changes for Est�e Lauder Companies (EL)

Est�e Lauder Companies (NYSE: EL) recently received a number of ratings updates from brokerages and research firms:

  • 4/12/2018 – Est�e Lauder Companies had its price target raised by analysts at Oppenheimer Holdings from $148.00 to $170.00. They now have an “outperform” rating on the stock.
  • 4/5/2018 – Est�e Lauder Companies had its price target raised by analysts at Morgan Stanley from $147.00 to $160.00. They now have an “overweight” rating on the stock.
  • 4/4/2018 – Est�e Lauder Companies was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Estee Lauder has surpassed the industry over a year, courtesy of focus on buyouts and product launches; strength in emerging markets; and solid growth in travel retail and online business. These factors helped the company to mark its 14th and 4th straight earnings and sales beat, respectively in second-quarter fiscal 2018, wherein both top and bottom lines grew year over year. Results gained from solid cost savings and contributions from BECCA and Too Faced. Sturdy growth in travel retail and online channels also drove performance. Notably, the company witnessed strength in most geographic regions and categories — with skin care and makeup standing out. Continued growth opportunities in the global prestige beauty industry, along with expected gains from tax reforms also led to a raised view. However, weak gross margin and soft U.S. retail traffic remain hurdles. Macroeconomic issues that could affect consumer spending also pose threats.”
  • 3/28/2018 – Est�e Lauder Companies was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $164.00 price target on the stock. According to Zacks, “Estee Lauder has surpassed the industry over a year, courtesy of focus on buyouts and product launches; strength in emerging markets; and solid growth in travel retail and online business. These factors helped the company to mark its 14th and 4th straight earnings and sales beat, respectively in second-quarter fiscal 2018, wherein both top and bottom lines grew year over year. Results gained from solid cost savings and contributions from BECCA and Too Faced. Sturdy growth in travel retail and online channels also drove performance. Notably, the company witnessed strength in most geographic regions and categories — with skin care and makeup standing out. Continued growth opportunities in the global prestige beauty industry, along with expected gains from tax reforms also led to a raised view. However, weak gross margin and soft U.S. retail traffic remain hurdles. Macroeconomic issues that could affect consumer spending also pose threats.”
  • 3/27/2018 – Est�e Lauder Companies was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Estee Lauder has surpassed the industry over a year, courtesy of focus on buyouts and product launches; strength in emerging markets; and solid growth in travel retail and online business. These factors helped the company to mark its 14th and 4th straight earnings and sales beat, respectively in second-quarter fiscal 2018, wherein both top and bottom lines grew year over year. Results gained from solid cost savings and contributions from BECCA and Too Faced. Sturdy growth in travel retail and online channels also drove performance. Notably, the company witnessed strength in most geographic regions and categories — with skin care and makeup standing out. Continued growth opportunities in the global prestige beauty industry, along with expected gains from tax reforms also led to a raised view. However, weak gross margin and soft U.S. retail traffic remain hurdles. Macroeconomic issues that could affect consumer spending also pose threats.”
  • 3/27/2018 – Est�e Lauder Companies was given a new $152.00 price target on by analysts at Piper Jaffray. They now have a “buy” rating on the stock.
  • 3/12/2018 – Est�e Lauder Companies is now covered by analysts at Credit Suisse Group AG. They set an “outperform” rating and a $162.00 price target on the stock.
  • 3/5/2018 – Est�e Lauder Companies had its price target raised by analysts at Bank of America from $152.00 to $160.00. They now have a “buy” rating on the stock.
  • 3/1/2018 – Est�e Lauder Companies was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 2/20/2018 – Est�e Lauder Companies had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $150.00 price target on the stock, up previously from $145.00.

EL stock traded up $0.72 during trading on Thursday, reaching $153.14. The stock had a trading volume of 303,413 shares, compared to its average volume of 1,758,148. Est�e Lauder Companies has a 52 week low of $84.70 and a 52 week high of $153.59. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.33 and a current ratio of 1.76. The company has a market cap of $56,012.29, a price-to-earnings ratio of 44.13, a P/E/G ratio of 2.69 and a beta of 0.64.

Est�e Lauder Companies (NYSE:EL) last posted its earnings results on Friday, February 2nd. The company reported $1.52 earnings per share for the quarter, beating analysts’ consensus estimates of $1.44 by $0.08. Est�e Lauder Companies had a return on equity of 34.86% and a net margin of 8.43%. The company had revenue of $3.74 billion for the quarter, compared to the consensus estimate of $3.68 billion. During the same quarter in the prior year, the company earned $1.22 earnings per share. Est�e Lauder Companies’s revenue was up 16.7% on a year-over-year basis. equities analysts predict that Est�e Lauder Companies will post 4.36 earnings per share for the current year.



The company also recently announced a quarterly dividend, which was paid on Thursday, March 15th. Shareholders of record on Wednesday, February 28th were issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date of this dividend was Tuesday, February 27th. Est�e Lauder Companies’s dividend payout ratio is 43.80%.

In other news, VP Sara E. Moss sold 30,044 shares of the firm’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $140.40, for a total value of $4,218,177.60. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Gregory Polcer sold 40,797 shares of the firm’s stock in a transaction dated Thursday, March 29th. The stock was sold at an average price of $150.00, for a total value of $6,119,550.00. Following the completion of the transaction, the executive vice president now directly owns 110,706 shares in the company, valued at approximately $16,605,900. The disclosure for this sale can be found here. In the last three months, insiders sold 211,642 shares of company stock worth $29,740,621. 16.24% of the stock is owned by corporate insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Jennison Associates LLC grew its position in shares of Est�e Lauder Companies by 54.7% during the fourth quarter. Jennison Associates LLC now owns 9,533,553 shares of the company’s stock worth $1,213,049,000 after purchasing an additional 3,372,279 shares in the last quarter. BlackRock Inc. grew its position in shares of Est�e Lauder Companies by 6.4% during the fourth quarter. BlackRock Inc. now owns 15,790,395 shares of the company’s stock worth $2,009,170,000 after purchasing an additional 944,997 shares in the last quarter. Old Mutual Global Investors UK Ltd. purchased a new stake in shares of Est�e Lauder Companies during the fourth quarter worth about $69,462,000. Millennium Management LLC grew its position in shares of Est�e Lauder Companies by 236.1% during the fourth quarter. Millennium Management LLC now owns 773,422 shares of the company’s stock worth $98,410,000 after purchasing an additional 543,303 shares in the last quarter. Finally, Glenmede Trust Co. NA grew its position in shares of Est�e Lauder Companies by 30,529.4% during the fourth quarter. Glenmede Trust Co. NA now owns 544,590 shares of the company’s stock worth $69,292,000 after purchasing an additional 542,812 shares in the last quarter. 54.12% 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 worldwide. The company offers a range of skin care products, such as moisturizers, serums, cleansers, toners, body care, exfoliators, acne and oil correctors, facial masks, cleansing devices, and sun care products; and makeup products for face, eyes, lips, and nails, as well as related items, including compacts, brushes, and other makeup tools.

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