Wall Street brokerages forecast that Est�e Lauder Companies (NYSE:EL) will report earnings of $1.06 per share for the current quarter, according to Zacks Investment Research. Ten analysts have provided estimates for Est�e Lauder Companies’ earnings. The lowest EPS estimate is $1.03 and the highest is $1.10. Est�e Lauder Companies posted earnings of $0.91 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 16.5%. The business is scheduled to announce its next quarterly earnings results before the market opens on Wednesday, May 2nd.
On average, analysts expect that Est�e Lauder Companies will report full-year earnings of $4.37 per share for the current year, with EPS estimates ranging from $4.32 to $4.41. For the next year, analysts expect that the business will post earnings of $4.97 per share, with EPS estimates ranging from $4.80 to $5.09. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that that provide coverage for Est�e Lauder Companies.
Est�e Lauder Companies (NYSE:EL) last posted its earnings results on Friday, February 2nd. The company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.44 by $0.08. Est�e Lauder Companies had a net margin of 8.43% and a return on equity of 34.86%. The business had revenue of $3.74 billion for the quarter, compared to the consensus estimate of $3.68 billion. During the same period last year, the company earned $1.22 EPS. The firm’s revenue was up 16.7% compared to the same quarter last year.
NYSE:EL traded down $2.68 during mid-day trading on Friday, hitting $148.81. 2,314,230 shares of the company’s stock were exchanged, compared to its average volume of 1,788,708. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.76 and a quick ratio of 1.33. Est�e Lauder Companies has a fifty-two week low of $84.84 and a fifty-two week high of $153.59. The company has a market cap of $56,056.42, a PE ratio of 42.88, a P/E/G ratio of 2.69 and a beta of 0.64.
The business also recently announced a quarterly dividend, which was paid on Thursday, March 15th. Investors of record on Wednesday, February 28th were given a dividend of $0.38 per share. The ex-dividend date of this dividend was Tuesday, February 27th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.02%. Est�e Lauder Companies’s payout ratio is presently 43.80%.
In related news, CFO Tracey Thomas Travis sold 5,000 shares of the business’s stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $137.02, for a total transaction of $685,100.00. Following the transaction, the chief financial officer now owns 24,467 shares in the company, valued at approximately $3,352,468.34. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Gregory Polcer sold 40,797 shares of the business’s stock in a transaction on Thursday, March 29th. The shares were sold at an average price of $150.00, for a total transaction of $6,119,550.00. Following the transaction, the executive vice president now owns 110,706 shares in the company, valued at approximately $16,605,900. The disclosure for this sale can be found here. Insiders have sold a total of 211,642 shares of company stock worth $29,740,621 in the last quarter. 16.24% of the stock is owned by corporate insiders.
Institutional investors have recently added to or reduced their stakes in the stock. Harvest Fund Management Co. Ltd bought a new stake in Est�e Lauder Companies during the 4th quarter valued at $126,000. Cerebellum GP LLC bought a new stake in Est�e Lauder Companies during the 4th quarter valued at $130,000. CNB Bank bought a new stake in Est�e Lauder Companies during the 4th quarter valued at $141,000. Winslow Evans & Crocker Inc. increased its stake in Est�e Lauder Companies by 2,750.0% during the 4th quarter. Winslow Evans & Crocker Inc. now owns 1,140 shares of the company’s stock valued at $145,000 after purchasing an additional 1,100 shares in the last quarter. Finally, We Are One Seven LLC bought a new stake in Est�e Lauder Companies during the 4th quarter valued at $160,000. Institutional investors own 54.12% of the company’s stock.
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About Est�e Lauder Companies
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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