Est�e Lauder Companies (EL) Reaches New 52-Week High and Low on Analyst Upgrade

Shares of Est�e Lauder Companies (NYSE:EL) reached a new 52-week high and low on Thursday after Oppenheimer raised their price target on the stock from $148.00 to $170.00. Oppenheimer currently has an outperform rating on the stock. Est�e Lauder Companies traded as low as $153.59 and last traded at $152.87, with a volume of 546875 shares traded. The stock had previously closed at $152.42.

Several other analysts also recently weighed in on the stock. Macquarie boosted their price target on shares of Est�e Lauder Companies from $1.45 to $1.50 and gave the stock an “outperform” rating in a research note on Thursday, December 21st. Deutsche Bank started coverage on shares of Est�e Lauder Companies in a research note on Wednesday, December 13th. They issued a “hold” rating and a $134.00 price target for the company. Zacks Investment Research downgraded shares of Est�e Lauder Companies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 2nd. Wells Fargo boosted their price target on shares of Est�e Lauder Companies from $135.00 to $145.00 and gave the stock an “outperform” rating in a research note on Thursday, January 4th. Finally, CIBC reissued an “outperform” rating and issued a $148.00 price target (up from $130.00) on shares of Est�e Lauder Companies in a research note on Tuesday, January 23rd. Six analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $136.77.

In other Est�e Lauder Companies news, VP Sara E. Moss sold 30,044 shares of the business’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $140.40, for a total value of $4,218,177.60. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Tracey Thomas Travis sold 5,000 shares of the business’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $137.02, for a total transaction of $685,100.00. Following the completion of the transaction, the chief financial officer now owns 24,467 shares in the company, valued at approximately $3,352,468.34. The disclosure for this sale can be found here. Insiders sold 211,642 shares of company stock worth $29,740,621 in the last 90 days. Corporate insiders own 16.24% of the company’s stock.



Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Dowling & Yahnke LLC increased its position in shares of Est�e Lauder Companies by 4.4% during the fourth quarter. Dowling & Yahnke LLC now owns 9,377 shares of the company’s stock valued at $1,193,000 after buying an additional 393 shares during the period. QS Investors LLC increased its position in shares of Est�e Lauder Companies by 2.6% during the fourth quarter. QS Investors LLC now owns 17,900 shares of the company’s stock valued at $2,278,000 after buying an additional 454 shares during the period. Sandy Spring Bank increased its position in shares of Est�e Lauder Companies by 1.8% during the fourth quarter. Sandy Spring Bank now owns 26,581 shares of the company’s stock valued at $3,382,000 after buying an additional 480 shares during the period. Scotia Capital Inc. increased its position in shares of Est�e Lauder Companies by 25.5% during the fourth quarter. Scotia Capital Inc. now owns 2,434 shares of the company’s stock valued at $310,000 after buying an additional 495 shares during the period. Finally, Penserra Capital Management LLC increased its position in shares of Est�e Lauder Companies by 18.6% during the fourth quarter. Penserra Capital Management LLC now owns 3,290 shares of the company’s stock valued at $418,000 after buying an additional 517 shares during the period. Institutional investors own 54.12% of the company’s stock.

The company has a current ratio of 1.76, a quick ratio of 1.33 and a debt-to-equity ratio of 0.74. The stock has a market cap of $56,056.42, a PE ratio of 42.88, a PEG ratio of 2.69 and a beta of 0.64.

Est�e Lauder Companies (NYSE:EL) last posted its quarterly earnings data 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 analyst estimates of $3.68 billion. During the same quarter in the previous year, the firm posted $1.22 earnings per share. Est�e Lauder Companies’s quarterly revenue was up 16.7% on a year-over-year basis. analysts expect that Est�e Lauder Companies will post 4.36 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 15th. Investors of record on Wednesday, February 28th were paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 1.02%. The ex-dividend date of this dividend was Tuesday, February 27th. Est�e Lauder Companies’s payout ratio is currently 43.80%.

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Est�e Lauder Companies Company Profile

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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