The Estée Lauder Companies (NYSE:EL) posted its quarterly earnings results on Sunday. The company reported $1.62 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.32 by $0.30, RTT News reports. The company had revenue of $3.86 billion for the quarter, compared to analysts’ expectations of $3.90 billion. The Estée Lauder Companies had a return on equity of 32.72% and a net margin of 4.38%. The firm’s revenue was up 15.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.85 earnings per share.
NYSE EL traded up $13.18 on Tuesday, reaching $302.11. The company’s stock had a trading volume of 3,267,822 shares, compared to its average volume of 1,431,159. The firm has a market cap of $109.59 billion, a PE ratio of 184.21, a price-to-earnings-growth ratio of 3.76 and a beta of 0.87. The business has a 50-day moving average price of $299.85 and a 200 day moving average price of $267.53. The Estée Lauder Companies has a 52 week low of $158.25 and a 52 week high of $318.34. The company has a current ratio of 1.85, a quick ratio of 1.39 and a debt-to-equity ratio of 1.10.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 15th. Investors of record on Friday, May 28th will be paid a $0.53 dividend. The ex-dividend date of this dividend is Thursday, May 27th. This represents a $2.12 dividend on an annualized basis and a yield of 0.70%. The Estée Lauder Companies’s payout ratio is currently 51.46%.
In other The Estée Lauder Companies news, VP Sara E. Moss sold 17,576 shares of the company’s stock in a transaction dated Thursday, February 25th. The shares were sold at an average price of $290.78, for a total transaction of $5,110,749.28. Following the sale, the vice president now directly owns 17,576 shares of the company’s stock, valued at $5,110,749.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Vice Chairman Sara E. Moss sold 12,000 shares of the stock in a transaction that occurred on Friday, April 9th. The shares were sold at an average price of $300.00, for a total transaction of $3,600,000.00. Following the sale, the insider now directly owns 12,000 shares in the company, valued at $3,600,000. The disclosure for this sale can be found here. In the last three months, insiders sold 2,149,073 shares of company stock worth $608,055,929. 13.95% of the stock is currently owned by insiders.
The Estée Lauder Companies Company Profile
The EstÃ©e Lauder Companies Inc manufactures and markets skin care, makeup, fragrance, and hair care products. The company offers a range of skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, cleansing devices, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as compacts, brushes, and other makeup tools.
Featured Article: What is Cost of Debt?
Receive News & Ratings for The Estée Lauder Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Estée Lauder Companies and related companies with MarketBeat.com's FREE daily email newsletter.