The Estee Lauder Companies Inc. (NYSE:EL) Stock Has Average Target Price of $104.76

Key Points

• Analysts have a consensus “Hold” rating on Estée Lauder, with 11 hold, 9 buy, 2 strong-buy and 2 sell ratings. The average 12-month price target is $104.76.
• The company’s latest quarter exceeded expectations, reporting $0.39 EPS versus $0.32 expected and $3.64 billion in revenue, up 6.3% year over year.
• Estée Lauder shares opened at $93.35, while insiders sold 75,105 shares worth about $7.4 million over the past quarter; institutional investors own 55.15% of the stock.

The Estee Lauder Companies Inc. (NYSE:EL - Get Free Report) has earned a consensus recommendation of "Hold" from the twenty-four ratings firms that are covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $104.76.

Several analysts recently issued reports on the stock. China Intl Cap upgraded shares of Estee Lauder Companies to a "strong-buy" rating in a research report on Sunday, August 30th. Morgan Stanley increased their price target on shares of Estee Lauder Companies from $90.00 to $102.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 20th. The Goldman Sachs Group boosted their price objective on shares of Estee Lauder Companies from $100.00 to $112.00 and gave the company a "buy" rating in a research report on Thursday, August 20th. Sanford C. Bernstein assumed coverage on Estee Lauder Companies in a research note on Friday, June 12th. They issued a "market perform" rating and a $82.00 price objective for the company. Finally, Canaccord Genuity Group raised their target price on Estee Lauder Companies from $85.00 to $90.00 and gave the stock a "hold" rating in a report on Thursday, August 20th.

Insider Transactions at Estee Lauder Companies

In other news, Director Charlene Barshefsky sold 3,775 shares of Estee Lauder Companies stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $98.82, for a total transaction of $373,045.50. Following the transaction, the director directly owned 50,971 shares of the company's stock, valued at $5,036,954.22. The trade was a 6.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Rashida La Lande sold 7,766 shares of the business's stock in a transaction that occurred on Friday, August 28th. The shares were 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 of the company's stock, valued at approximately $1,483,365.24. This trade represents a 35.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 75,105 shares of company stock valued at $7,423,185 over the last quarter. 13.05% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Estee Lauder Companies

Hedge funds have recently modified their holdings of the company. CX Institutional raised its position in shares of Estee Lauder Companies by 12.3% during the 3rd quarter. CX Institutional now owns 3,976 shares of the company's stock valued at $369,000 after purchasing an additional 437 shares during the period. Versant Capital Management Inc boosted its holdings in Estee Lauder Companies by 16.4% in the 3rd quarter. Versant Capital Management Inc now owns 2,930 shares of the company's stock worth $272,000 after buying an additional 413 shares during the period. Cacti Asset Management LLC boosted its holdings in Estee Lauder Companies by 75.5% in the 3rd quarter. Cacti Asset Management LLC now owns 230,475 shares of the company's stock worth $21,750,000 after buying an additional 99,142 shares during the period. Parrish Capital LLC increased its stake in Estee Lauder Companies by 25.1% in the 3rd quarter. Parrish Capital LLC now owns 7,460 shares of the company's stock worth $692,000 after buying an additional 1,495 shares in the last quarter. Finally, QRG Capital Management Inc. increased its stake in 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 in the last quarter. 55.15% of the stock is currently owned by institutional investors.

Estee Lauder Companies Trading Up 1.5%

Shares of NYSE:EL opened at $93.35 on Tuesday. The stock has a market capitalization of $33.77 billion, a price-to-earnings ratio of 190.51, a PEG ratio of 1.07 and a beta of 1.27. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.90 and a current ratio of 1.22. The stock's 50-day simple moving average is $94.41 and its two-hundred day simple moving average is $85.45. 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 released its quarterly earnings results on Wednesday, August 19th. The company reported $0.39 earnings per share (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 business had revenue of $3.64 billion during the quarter, compared to the consensus estimate of $3.55 billion. During the same period in the previous year, the company posted $0.09 EPS. The business's quarterly 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. Analysts expect that Estee Lauder Companies will post 3.31 EPS for the current year.

Estee Lauder Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st were given a $0.35 dividend. The ex-dividend date was Monday, August 31st. This represents a $1.40 dividend on an annualized basis and a yield of 1.5%. Estee Lauder Companies's dividend payout ratio is presently 285.71%.

Estee Lauder Companies Company Profile

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

The company's products are distributed through department stores, specialty retailers, freestanding stores, e-commerce platforms, travel retail outlets and other channels. Estée Lauder serves consumers in numerous markets across the Americas, Europe, the Middle East and Africa, and the Asia-Pacific region.

Estée Lauder was founded in 1946 by Estée Lauder and her husband, Joseph Lauder, beginning with a small collection of skincare products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.