Zacks: Analysts Anticipate Estee Lauder Companies Inc (NYSE:EL) Will Announce Earnings of $0.52 Per Share

Analysts expect that Estee Lauder Companies Inc (NYSE:EL) will post earnings of $0.52 per share for the current fiscal quarter, according to Zacks. Nine analysts have provided estimates for Estee Lauder Companies’ earnings, with the lowest EPS estimate coming in at $0.49 and the highest estimate coming in at $0.56. Estee Lauder Companies reported earnings of $0.61 per share during the same quarter last year, which would suggest a negative year-over-year growth rate of 14.8%. The firm is scheduled to issue its next quarterly earnings report before the market opens on Monday, August 19th.

On average, analysts expect that Estee Lauder Companies will report full-year earnings of $5.23 per share for the current financial year, with EPS estimates ranging from $5.18 to $5.27. For the next fiscal year, analysts expect that the company will post earnings of $5.80 per share, with EPS estimates ranging from $5.64 to $5.90. Zacks’ EPS averages are an average based on a survey of sell-side research analysts that follow Estee Lauder Companies.

EL has been the topic of several research reports. Raymond James upped their price objective on Estee Lauder Companies from $164.00 to $181.00 and gave the stock an “outperform” rating in a report on Thursday, May 2nd. Macquarie upped their price objective on Estee Lauder Companies from $170.00 to $195.00 and gave the stock an “outperform” rating in a report on Thursday, May 2nd. UBS Group upped their price objective on Estee Lauder Companies from $153.00 to $172.00 and gave the stock a “neutral” rating in a report on Thursday, May 2nd. BMO Capital Markets upped their price objective on Estee Lauder Companies from $155.00 to $180.00 and gave the stock a “market perform” rating in a report on Thursday, May 2nd. Finally, Piper Jaffray Companies upped their price objective on Estee Lauder Companies from $178.00 to $187.00 and gave the stock an “overweight” rating in a report on Monday. One research analyst has rated the stock with a sell rating, seven have given a hold rating and fifteen have assigned a buy rating to the company. Estee Lauder Companies currently has a consensus rating of “Buy” and an average target price of $172.36.



In other Estee Lauder Companies news, insider Fabrizio Freda sold 99,495 shares of the stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of $167.13, for a total transaction of $16,628,599.35. Following the completion of the transaction, the insider now owns 101,893 shares in the company, valued at approximately $17,029,377.09. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Lynn Forester sold 10,000 shares of the stock in a transaction dated Thursday, May 16th. The stock was sold at an average price of $172.48, for a total value of $1,724,800.00. Following the transaction, the director now owns 14,000 shares of the company’s stock, valued at approximately $2,414,720. The disclosure for this sale can be found here. In the last 90 days, insiders sold 118,445 shares of company stock valued at $19,866,218. 16.13% of the stock is owned by corporate insiders.

Several institutional investors have recently bought and sold shares of the company. Comerica Securities Inc. increased its holdings in Estee Lauder Companies by 509.1% during the 4th quarter. Comerica Securities Inc. now owns 40,557 shares of the company’s stock worth $5,277,000 after purchasing an additional 33,899 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Estee Lauder Companies by 3.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 538,219 shares of the company’s stock worth $70,019,000 after buying an additional 15,664 shares during the last quarter. Macquarie Group Ltd. boosted its stake in shares of Estee Lauder Companies by 4.3% during the 4th quarter. Macquarie Group Ltd. now owns 9,200 shares of the company’s stock worth $1,197,000 after buying an additional 376 shares during the last quarter. Gateway Investment Advisers LLC boosted its stake in shares of Estee Lauder Companies by 1.0% during the 1st quarter. Gateway Investment Advisers LLC now owns 130,966 shares of the company’s stock worth $21,681,000 after buying an additional 1,307 shares during the last quarter. Finally, Pacer Advisors Inc. boosted its stake in shares of Estee Lauder Companies by 13,156.3% during the 1st quarter. Pacer Advisors Inc. now owns 21,210 shares of the company’s stock worth $3,511,000 after buying an additional 21,050 shares during the last quarter. Institutional investors own 53.96% of the company’s stock.

Shares of EL stock traded up $3.07 during trading hours on Thursday, hitting $180.79. The company had a trading volume of 1,664,358 shares, compared to its average volume of 1,654,756. Estee Lauder Companies has a 12 month low of $121.47 and a 12 month high of $194.74. The company has a market cap of $66.44 billion, a price-to-earnings ratio of 40.09, a price-to-earnings-growth ratio of 2.44 and a beta of 0.81. The stock’s fifty day moving average is $185.57. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.69 and a quick ratio of 1.26.

Estee Lauder Companies Company Profile

The Estée Lauder Companies Inc manufactures and markets skin care, makeup, fragrance, and hair care products. The company offers a range of skin care products, such as moisturizers, serums, cleansers, toners, body care products, exfoliators, acne care products, facial masks, cleansing devices, and sun care products; and makeup products, including lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as related items, including compacts, brushes, and other makeup tools.

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Earnings History and Estimates for Estee Lauder Companies (NYSE:EL)

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