China Intl Cap Upgrades Estee Lauder Companies (NYSE:EL) to "Strong-Buy"

Key Points

• China Intl Cap upgraded Estée Lauder Companies to “strong buy,” although the broader analyst consensus remains “hold,” with a consensus price target of $104.67.
• Estée Lauder’s latest quarterly results exceeded expectations, with adjusted EPS of $0.39 versus $0.32 expected and revenue of $3.64 billion, up 6.3% year over year.
• Shares opened at $99.88 after declining 2.4%; the stock trades at a very high P/E ratio of 203.84 and remains below its 52-week high of $121.64.

Estee Lauder Companies (NYSE:EL - Get Free Report) was upgraded by research analysts at China Intl Cap to a "strong-buy" rating in a research report issued on Sunday, Zacks reports.

EL has been the subject of several other reports. Zacks Research downgraded Estee Lauder Companies from a "strong-buy" rating to a "hold" rating in a research note on Friday, July 10th. JPMorgan Chase & Co. lifted their target price on Estee Lauder Companies from $94.00 to $112.00 and gave the company an "overweight" rating in a research report on Thursday, August 20th. Royal Bank Of Canada reiterated an "outperform" rating and set a $111.00 price target on shares of Estee Lauder Companies in a report on Monday, August 17th. Morgan Stanley increased their price target on Estee Lauder Companies from $90.00 to $102.00 and gave the company an "equal weight" rating in a research report on Thursday, August 20th. Finally, Sanford C. Bernstein started coverage on Estee Lauder Companies in a research note on Friday, June 12th. They set a "market perform" rating and a $82.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $104.67.

Estee Lauder Companies Stock Down 2.4%

Shares of NYSE EL opened at $99.88 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 company has a 50-day moving average price of $87.34 and a 200-day moving average price of $86.33. The stock has a market capitalization of $36.14 billion, a P/E ratio of 203.84, a P/E/G ratio of 1.19 and a beta of 1.25. Estee Lauder Companies has a 1 year low of $66.22 and a 1 year high of $121.64.

Estee Lauder Companies (NYSE:EL - Get Free Report) last posted its earnings results on Wednesday, August 19th. The company reported $0.39 earnings per share for the quarter, topping analysts' consensus estimates of $0.32 by $0.07. Estee Lauder Companies had a net margin of 1.21% and a return on equity of 23.52%. The company had revenue of $3.64 billion for the quarter, compared to analyst estimates of $3.55 billion. During the same quarter in the prior year, the business posted $0.09 EPS. The firm's revenue 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 research analysts forecast that Estee Lauder Companies will post 3.3 EPS for the current fiscal year.

Insider Activity at Estee Lauder Companies

In other news, VP Lande Rashida La sold 7,766 shares of the business's stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $103.32, for a total value of $802,383.12. Following the transaction, the vice president owned 14,357 shares in the company, valued at $1,483,365.24. The trade was a 35.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 13.05% of the stock is currently owned by corporate insiders.

Institutional Trading of Estee Lauder Companies

A number of hedge funds have recently bought and sold shares of EL. REAP Financial Group LLC bought a new position in Estee Lauder Companies in the 4th quarter valued at $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new stake in shares of Estee Lauder Companies during the 4th quarter valued at $27,000. Trust Co. of Vermont purchased a new stake in shares of Estee Lauder Companies during the 2nd quarter valued at $28,000. Kozak & Associates Inc. bought a new stake in shares of Estee Lauder Companies during the 2nd quarter worth $30,000. Finally, DV Equities LLC bought a new stake in shares of Estee Lauder Companies during the 4th quarter worth $36,000. 55.15% of the stock is currently owned by institutional investors.

About Estee Lauder Companies

Estée Lauder Companies Inc NYSE: EL is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.

The company's portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.

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