The Estée Lauder Companies Inc. (NYSE:EL) Receives Consensus Recommendation of “Hold” from Analysts

Shares of The Estée Lauder Companies Inc. (NYSE:EL) have been given a consensus recommendation of “Hold” by the twenty-two ratings firms that are presently covering the firm, MarketBeat.com reports. Thirteen research analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $120.27.

Several research firms have issued reports on EL. Stifel Nicolaus lowered their price objective on shares of Estée Lauder Companies from $165.00 to $125.00 and set a “buy” rating for the company in a research report on Tuesday, August 20th. DA Davidson reiterated a “buy” rating and issued a $130.00 price target on shares of Estée Lauder Companies in a report on Tuesday, September 3rd. Telsey Advisory Group restated a “market perform” rating and set a $115.00 price objective on shares of Estée Lauder Companies in a report on Monday, August 19th. StockNews.com cut Estée Lauder Companies from a “buy” rating to a “hold” rating in a report on Friday. Finally, Morgan Stanley dropped their price target on Estée Lauder Companies from $140.00 to $100.00 and set an “equal weight” rating on the stock in a research report on Tuesday, August 20th.

Insiders Place Their Bets

In other news, Director Charlene Barshefsky sold 3,437 shares of the stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $91.93, for a total value of $315,963.41. Following the transaction, the director now directly owns 49,800 shares of the company’s stock, valued at $4,578,114. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Estée Lauder Companies news, Director Lynn Forester sold 3,890 shares of Estée Lauder Companies stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $93.61, for a total transaction of $364,142.90. Following the completion of the transaction, the director now owns 15,209 shares in the company, valued at approximately $1,423,714.49. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Charlene Barshefsky sold 3,437 shares of the firm’s stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $91.93, for a total value of $315,963.41. Following the sale, the director now directly owns 49,800 shares in the company, valued at $4,578,114. The disclosure for this sale can be found here. 12.77% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Estée Lauder Companies

Hedge funds have recently bought and sold shares of the stock. Tradewinds Capital Management LLC lifted its stake in shares of Estée Lauder Companies by 34.1% in the 1st quarter. Tradewinds Capital Management LLC now owns 295 shares of the company’s stock valued at $45,000 after purchasing an additional 75 shares during the period. Haverford Trust Co increased its holdings in Estée Lauder Companies by 2.3% in the first quarter. Haverford Trust Co now owns 3,409 shares of the company’s stock valued at $525,000 after buying an additional 78 shares in the last quarter. Massmutual Trust Co. FSB ADV raised its position in shares of Estée Lauder Companies by 25.6% in the first quarter. Massmutual Trust Co. FSB ADV now owns 402 shares of the company’s stock worth $62,000 after acquiring an additional 82 shares during the period. Capital Advisors Ltd. LLC boosted its stake in shares of Estée Lauder Companies by 11.9% during the 1st quarter. Capital Advisors Ltd. LLC now owns 849 shares of the company’s stock worth $131,000 after acquiring an additional 90 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in shares of Estée Lauder Companies by 16.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 667 shares of the company’s stock valued at $98,000 after acquiring an additional 96 shares during the period. Hedge funds and other institutional investors own 55.15% of the company’s stock.

Estée Lauder Companies Trading Down 2.8 %

Shares of NYSE EL opened at $85.01 on Monday. Estée Lauder Companies has a fifty-two week low of $82.39 and a fifty-two week high of $159.75. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.01 and a current ratio of 1.39. The company has a market cap of $30.48 billion, a price-to-earnings ratio of 47.76, a PEG ratio of 1.42 and a beta of 1.00. The business’s 50 day moving average price is $92.92 and its 200-day moving average price is $117.76.

Estée Lauder Companies (NYSE:EL) last released its earnings results on Monday, August 19th. The company reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.39. The business had revenue of $3.87 billion for the quarter, compared to analyst estimates of $3.80 billion. Estée Lauder Companies had a return on equity of 16.91% and a net margin of 2.50%. The business’s revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.07 earnings per share. On average, sell-side analysts expect that Estée Lauder Companies will post 2.97 earnings per share for the current year.

Estée Lauder Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 16th. Investors of record on Friday, August 30th were given a $0.66 dividend. This represents a $2.64 annualized dividend and a dividend yield of 3.11%. The ex-dividend date was Friday, August 30th. Estée Lauder Companies’s payout ratio is 148.31%.

About Estée Lauder Companies

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.