Estee Lauder Companies (NYSE:EL) Stock Rating Upgraded by Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft upgraded shares of Estee Lauder Companies (NYSE:EL - Free Report) from a hold rating to a buy rating in a research note published on Monday morning, MarketBeat.com reports. The brokerage currently has $95.00 target price on the stock, up from their prior target price of $71.00.

A number of other research analysts have also recently commented on the stock. Telsey Advisory Group reiterated a "market perform" rating and set a $76.00 price target on shares of Estee Lauder Companies in a research report on Thursday, May 1st. Wall Street Zen lowered Estee Lauder Companies from a "hold" rating to a "sell" rating in a research report on Saturday, May 24th. Citigroup lowered their price objective on Estee Lauder Companies from $77.00 to $55.00 and set a "neutral" rating for the company in a research report on Monday, April 14th. JPMorgan Chase & Co. decreased their price objective on shares of Estee Lauder Companies from $72.00 to $61.00 and set a "neutral" rating on the stock in a research report on Friday, April 11th. Finally, UBS Group raised their price target on Estee Lauder Companies from $60.00 to $62.00 and gave the stock a "neutral" rating in a research note on Friday, May 2nd. One equities research analyst has rated the stock with a sell rating, seventeen have given a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $74.50.

Estee Lauder Companies Stock Performance

Shares of Estee Lauder Companies stock traded up $1.59 on Monday, reaching $79.15. 4,237,511 shares of the company traded hands, compared to its average volume of 4,238,845. The firm has a market capitalization of $28.47 billion, a PE ratio of -32.70, a PEG ratio of 8.01 and a beta of 1.12. The company has a 50 day moving average of $65.27 and a 200 day moving average of $68.93. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.41 and a quick ratio of 1.02. Estee Lauder Companies has a 52 week low of $48.37 and a 52 week high of $113.48.

Estee Lauder Companies (NYSE:EL - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.65 EPS for the quarter, topping analysts' consensus estimates of $0.29 by $0.36. Estee Lauder Companies had a positive return on equity of 15.60% and a negative net margin of 5.89%. The firm had revenue of $2.66 billion during the quarter, compared to analyst estimates of $3.51 billion. During the same period last year, the company earned $0.97 earnings per share. The business's revenue for the quarter was down 9.9% on a year-over-year basis. Equities analysts forecast that Estee Lauder Companies will post 1.36 earnings per share for the current year.

Estee Lauder Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Friday, May 30th were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date of this dividend was Friday, May 30th. Estee Lauder Companies's payout ratio is currently -57.85%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. Annis Gardner Whiting Capital Advisors LLC increased its stake in shares of Estee Lauder Companies by 1,182.1% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 500 shares of the company's stock worth $33,000 after acquiring an additional 461 shares during the period. Smartleaf Asset Management LLC increased its position in Estee Lauder Companies by 47.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 479 shares of the company's stock worth $36,000 after purchasing an additional 154 shares during the last quarter. Winthrop Capital Management LLC grew its holdings in shares of Estee Lauder Companies by 2,240.0% during the 1st quarter. Winthrop Capital Management LLC now owns 585 shares of the company's stock worth $39,000 after purchasing an additional 560 shares during the period. Golden State Wealth Management LLC raised its position in Estee Lauder Companies by 57.3% in the first quarter. Golden State Wealth Management LLC now owns 626 shares of the company's stock valued at $41,000 after purchasing an additional 228 shares during the period. Finally, CVA Family Office LLC lifted its position in shares of Estee Lauder Companies by 116.2% during the first quarter. CVA Family Office LLC now owns 668 shares of the company's stock worth $44,000 after purchasing an additional 359 shares in the last quarter. 55.15% of the stock is owned by institutional investors.

About Estee 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, and powders, as well as compacts, brushes, and other makeup tools.