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

Estee Lauder Companies (NYSE:EL - Get Free Report) had its target price increased by Barclays from $63.00 to $84.00 in a report issued on Tuesday,Benzinga reports. The brokerage presently has an "equal weight" rating on the stock. Barclays's price objective points to a potential downside of 2.36% from the stock's current price.

A number of other equities analysts also recently weighed in on EL. B. Riley restated a "neutral" rating and issued a $60.00 target price (down previously from $70.00) on shares of Estee Lauder Companies in a research note on Friday, May 2nd. Royal Bank Of Canada dropped their price objective on Estee Lauder Companies from $100.00 to $90.00 and set an "outperform" rating on the stock in a research note on Friday, May 2nd. Stifel Nicolaus dropped their price objective on Estee Lauder Companies from $77.00 to $67.00 and set a "hold" rating on the stock in a research note on Thursday, April 10th. Evercore ISI upped their price objective on Estee Lauder Companies from $90.00 to $100.00 and gave the company an "outperform" rating in a research note on Thursday, June 26th. Finally, Deutsche Bank Aktiengesellschaft upgraded Estee Lauder Companies from a "hold" rating to a "buy" rating and upped their price objective for the company from $71.00 to $95.00 in a research note on Monday, June 23rd. Fifteen investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $78.75.

Estee Lauder Companies Price Performance

NYSE:EL traded down $3.56 during trading hours on Tuesday, reaching $86.03. 3,785,365 shares of the company were exchanged, compared to its average volume of 4,306,036. The company has a market capitalization of $30.95 billion, a P/E ratio of -35.55, a P/E/G ratio of 6.50 and a beta of 1.17. Estee Lauder Companies has a 1-year low of $48.37 and a 1-year high of $103.44. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.41 and a quick ratio of 1.02. The business has a 50 day moving average of $72.74 and a 200 day moving average of $69.61.

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

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Annis Gardner Whiting Capital Advisors LLC grew its stake in shares of Estee Lauder Companies by 1,182.1% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 500 shares of the company's stock valued at $33,000 after buying an additional 461 shares during the last quarter. Winthrop Capital Management LLC grew its stake in shares of Estee Lauder Companies by 2,240.0% during the first quarter. Winthrop Capital Management LLC now owns 585 shares of the company's stock valued at $39,000 after buying an additional 560 shares during the last quarter. Golden State Wealth Management LLC grew its stake in shares of Estee Lauder Companies by 57.3% during the first quarter. Golden State Wealth Management LLC now owns 626 shares of the company's stock valued at $41,000 after buying an additional 228 shares during the last quarter. CVA Family Office LLC grew its stake 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 valued at $44,000 after buying an additional 359 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its stake in shares of Estee Lauder Companies by 64.5% during the first quarter. Smartleaf Asset Management LLC now owns 788 shares of the company's stock valued at $52,000 after buying an additional 309 shares during the last quarter. Institutional investors own 55.15% of the company's stock.

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.

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