Estée Lauder Companies (NYSE:EL) Stock Rating Reaffirmed by DA Davidson

Estée Lauder Companies (NYSE:EL)‘s stock had its “buy” rating reissued by investment analysts at DA Davidson in a research note issued to investors on Monday, Benzinga reports. They presently have a $191.00 price target on the stock. DA Davidson’s target price suggests a potential upside of 28.27% from the stock’s current price.

A number of other analysts have also recently weighed in on EL. Telsey Advisory Group raised their target price on shares of Estée Lauder Companies from $115.00 to $155.00 and gave the stock a “market perform” rating in a report on Tuesday, February 6th. Bank of America upgraded Estée Lauder Companies from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $160.00 to $170.00 in a report on Thursday, March 28th. StockNews.com downgraded Estée Lauder Companies from a “hold” rating to a “sell” rating in a report on Wednesday, February 14th. Royal Bank of Canada lifted their price target on Estée Lauder Companies from $115.00 to $131.00 and gave the stock a “sector perform” rating in a research note on Tuesday, February 6th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Estée Lauder Companies from a “buy” rating to a “hold” rating and set a $146.00 price objective for the company. in a research note on Tuesday, January 2nd. One analyst has rated the stock with a sell rating, fifteen have assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $168.00.

Estée Lauder Companies Stock Up 1.0 %

Shares of EL stock opened at $148.90 on Monday. Estée Lauder Companies has a 1 year low of $102.22 and a 1 year high of $255.80. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.96 and a current ratio of 1.36. The business’s fifty day moving average is $146.75 and its 200-day moving average is $138.10. The stock has a market cap of $53.38 billion, a PE ratio of 114.54, a price-to-earnings-growth ratio of 3.78 and a beta of 1.07.

Estée Lauder Companies (NYSE:EL) last released its earnings results on Monday, February 5th. The company reported $0.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.33. Estée Lauder Companies had a return on equity of 9.78% and a net margin of 3.08%. The firm had revenue of $4.28 billion for the quarter, compared to analyst estimates of $4.19 billion. During the same period in the previous year, the company earned $1.54 earnings per share. Estée Lauder Companies’s revenue was down 7.4% compared to the same quarter last year. Equities analysts expect that Estée Lauder Companies will post 2.23 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Estée Lauder Companies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EL. Rakuten Securities Inc. acquired a new stake in Estée Lauder Companies in the fourth quarter valued at approximately $26,000. Riverview Trust Co bought a new position in Estée Lauder Companies during the 1st quarter worth $26,000. Hexagon Capital Partners LLC lifted its holdings in Estée Lauder Companies by 103.1% during the 1st quarter. Hexagon Capital Partners LLC now owns 195 shares of the company’s stock worth $30,000 after buying an additional 99 shares during the period. Arlington Trust Co LLC bought a new stake in shares of Estée Lauder Companies in the 3rd quarter valued at about $32,000. Finally, Exchange Traded Concepts LLC increased its stake in shares of Estée Lauder Companies by 1,900.0% in the third quarter. Exchange Traded Concepts LLC now owns 280 shares of the company’s stock valued at $40,000 after buying an additional 266 shares during the period. 55.15% of the stock is owned by institutional investors and hedge funds.

Estée Lauder Companies Company Profile

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, 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.