Estee Lauder Companies (NYSE:EL) Stock Price Expected to Rise, Piper Sandler Analyst Says

Key Points

• Piper Sandler raised Estée Lauder’s price target to $125 from $115 and maintained an “overweight” rating, implying 15.47% upside from the prior close.
• Analyst sentiment remains mixed: the stock has a consensus “Hold” rating and an average price target of $107.71, despite recent target increases from several firms.
• Estée Lauder exceeded quarterly expectations, reporting adjusted EPS of $0.39 versus $0.32 expected and revenue of $3.64 billion, up 6.3% year over year. Shares recently traded at $108.25, while insiders have sold more than 75,000 shares in the past 90 days.

Estee Lauder Companies (NYSE:EL - Get Free Report) had its price objective increased by research analysts at Piper Sandler from $115.00 to $125.00 in a note issued to investors on Friday, Benzinga reports. The firm currently has an "overweight" rating on the stock. Piper Sandler's price target would suggest a potential upside of 15.47% from the stock's previous close.

Several other research firms have also issued reports on EL. JPMorgan Chase & Co. increased their price objective on Estee Lauder Companies from $112.00 to $115.00 and gave the stock an "overweight" rating in a research note on Monday. UBS Group upped their target price on shares of Estee Lauder Companies from $86.00 to $106.00 and gave the company a "neutral" rating in a research report on Thursday, August 20th. B. Riley Financial restated a "neutral" rating and issued a $100.00 price objective (up from $85.00) on shares of Estee Lauder Companies in a report on Thursday, August 20th. TD Cowen lifted their target price on shares of Estee Lauder Companies from $90.00 to $100.00 and gave the stock a "hold" rating in a report on Thursday, August 20th. Finally, Canaccord Genuity Group increased their price target on Estee Lauder Companies from $90.00 to $109.00 and gave the company a "hold" rating in a research note on Thursday. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Estee Lauder Companies has a consensus rating of "Hold" and an average price target of $107.71.

Estee Lauder Companies Stock Up 0.5%

Shares of NYSE EL traded up $0.53 during trading hours on Friday, hitting $108.25. The stock had a trading volume of 1,208,036 shares, compared to its average volume of 3,760,902. The company has a market capitalization of $39.17 billion, a P/E ratio of 221.67, a P/E/G ratio of 1.20 and a beta of 1.27. The firm's 50-day moving average price is $98.35 and its two-hundred day moving average price is $87.92. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.90 and a current ratio of 1.22. Estee Lauder Companies has a 52 week low of $66.22 and a 52 week high of $121.64.

Estee Lauder Companies (NYSE:EL - Get Free Report) last posted its quarterly earnings data on Wednesday, August 19th. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate 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 period 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. Analysts anticipate that Estee Lauder Companies will post 3.31 EPS for the current fiscal year.

Insiders Place Their Bets

In other Estee Lauder Companies news, Director Charlene Barshefsky sold 3,775 shares of the business's stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $98.82, for a total transaction of $373,045.50. Following the sale, the director owned 50,971 shares of the company's stock, valued at approximately $5,036,954.22. The trade was a 6.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Rashida La Lande sold 7,766 shares of the firm's stock in a transaction 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 directly owned 14,357 shares of the company's stock, valued at approximately $1,483,365.24. This represents a 35.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 75,105 shares of company stock worth $7,423,185 in the last 90 days. Company insiders own 11.54% of the company's stock.

Institutional Trading of Estee Lauder Companies

Large investors have recently made changes to their positions in the company. IFP Advisors Inc lifted its holdings in shares of Estee Lauder Companies by 35.2% in the 2nd quarter. IFP Advisors Inc now owns 415 shares of the company's stock worth $33,000 after purchasing an additional 108 shares in the last quarter. Kestra Advisory Services LLC increased its holdings in shares of Estee Lauder Companies by 3.1% in the first quarter. Kestra Advisory Services LLC now owns 4,520 shares of the company's stock worth $324,000 after purchasing an additional 134 shares during the period. QRG Capital Management Inc. increased its holdings in shares of Estee Lauder Companies by 3.0% in the 2nd quarter. QRG Capital Management Inc. now owns 4,569 shares of the company's stock worth $361,000 after buying an additional 135 shares during the last quarter. Hartford Financial Management Inc. lifted its stake in Estee Lauder Companies by 1.3% in the third quarter. Hartford Financial Management Inc. now owns 10,787 shares of the company's stock worth $1,001,000 after purchasing an additional 140 shares during the last quarter. Finally, Contravisory Investment Management Inc. boosted its holdings in shares of Estee Lauder Companies by 1.4% during the first quarter. Contravisory Investment Management Inc. now owns 11,691 shares of the company's stock worth $839,000 after purchasing an additional 158 shares during the period. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Estee Lauder Companies Company Profile

The Estée Lauder Companies Inc NYSE: EL is a global prestige beauty company that develops, markets and sells skincare, makeup, fragrance and hair-care products. Its portfolio includes brands such as Estée Lauder, Clinique, M·A·C, La Mer, Jo Malone London, Aveda, Bobbi Brown Cosmetics, Tom Ford Beauty, Le Labo and The Ordinary.

Founded in 1946 by Estée and Joseph Lauder, the company began with four skincare products and has expanded into a multinational beauty business. Its products are sold through department and specialty stores, beauty retailers, brand-operated stores, e-commerce platforms, salons, spas and other distribution channels.

The Estée Lauder Companies serves consumers in markets across the Americas, Europe, the Middle East and Africa, and Asia-Pacific.

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