The Estee Lauder Companies Inc. (NYSE:EL – Get Free Report) Director Charlene Barshefsky sold 3,775 shares of the stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $98.82, for a total value of $373,045.50. Following the transaction, the director directly owned 50,971 shares in the company, valued at $5,036,954.22. The trade was a 6.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Estee Lauder Companies Stock Performance
EL stock opened at $96.99 on Friday. The company has a debt-to-equity ratio of 1.79, a current ratio of 1.22 and a quick ratio of 0.90. The Estee Lauder Companies Inc. has a 1 year low of $66.22 and a 1 year high of $121.64. The company has a market cap of $35.09 billion, a P/E ratio of 197.95, a price-to-earnings-growth ratio of 1.13 and a beta of 1.28. The stock’s fifty day moving average price is $90.33 and its 200-day moving average price is $85.95.
Estee Lauder Companies (NYSE:EL – Get Free Report) last posted its quarterly earnings data on Wednesday, August 19th. The company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.07. Estee Lauder Companies had a return on equity of 23.52% and a net margin of 1.21%.The company had revenue of $3.64 billion during the quarter, compared to analysts’ expectations of $3.55 billion. During the same quarter in the prior year, the business earned $0.09 earnings per share. Estee Lauder Companies’s revenue for the quarter was up 6.3% compared to the same quarter last year. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. On average, equities analysts forecast that The Estee Lauder Companies Inc. will post 3.3 earnings per share for the current year.
Estee Lauder Companies Dividend Announcement
Wall Street Analysts Forecast Growth
Several brokerages recently issued reports on EL. B. Riley Financial restated a “neutral” rating and set a $100.00 target price (up from $85.00) on shares of Estee Lauder Companies in a research report on Thursday, August 20th. Sanford C. Bernstein started coverage on shares of Estee Lauder Companies in a research note on Friday, June 12th. They set a “market perform” rating and a $82.00 price target on the stock. Citigroup boosted their price objective on shares of Estee Lauder Companies from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, August 20th. Canaccord Genuity Group upped their price objective on Estee Lauder Companies from $85.00 to $90.00 and gave the stock a “hold” rating in a research note on Thursday, August 20th. Finally, Jefferies Financial Group raised their target price on Estee Lauder Companies from $88.00 to $100.00 and gave the stock a “hold” rating in a report on Thursday, August 20th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $104.67.
View Our Latest Report on Estee Lauder Companies
Hedge Funds Weigh In On Estee Lauder Companies
Large investors have recently made changes to their positions in the business. REAP Financial Group LLC purchased a new stake in shares of Estee Lauder Companies during the fourth quarter worth about $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna bought a new position in Estee Lauder Companies in the 4th quarter worth approximately $27,000. DV Equities LLC bought a new position in Estee Lauder Companies in the 4th quarter worth approximately $36,000. Trust Co. of Vermont purchased a new stake in Estee Lauder Companies during the 2nd quarter valued at approximately $28,000. Finally, Kozak & Associates Inc. purchased a new stake in Estee Lauder Companies during the 2nd quarter valued at approximately $30,000. 55.15% of the stock is currently owned by hedge funds and other institutional investors.
Estee Lauder Companies Company Profile
The Estée Lauder Companies Inc is a global beauty company that develops, manufactures and markets prestige skincare, makeup, fragrance and hair-care products. Its portfolio includes Estée Lauder, Clinique, M·A·C, Bobbi Brown Cosmetics, La Mer, Jo Malone London, Aveda, Tom Ford Beauty and The Ordinary, among other brands.
Founded in 1946 by Estée and Joseph Lauder, the company began with four skincare products and has expanded into a broad international beauty business. Its products are sold through department and specialty stores, freestanding stores, e-commerce platforms, travel retail locations and other distribution channels.
Estée Lauder Companies serves consumers in markets around the world, including North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa.
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