Estée Lauder Companies (NYSE:EL) PT Raised to $150.00

Estée Lauder Companies (NYSE:EL - Free Report) had its price objective increased by Barclays from $146.00 to $150.00 in a research report released on Thursday morning, Benzinga reports. They currently have an equal weight rating on the stock.

EL has been the topic of a number of other research reports. Wells Fargo & Company lifted their price target on Estée Lauder Companies from $155.00 to $175.00 and gave the stock an overweight rating in a research note on Tuesday, February 6th. StockNews.com lowered shares of Estée Lauder Companies from a hold rating to a sell rating in a report on Wednesday, February 14th. Royal Bank of Canada lifted their price objective on shares of Estée Lauder Companies from $115.00 to $131.00 and gave the stock a sector perform rating in a research report on Tuesday, February 6th. Bank of America upgraded Estée Lauder Companies from a neutral rating to a buy rating and increased their target price for the company from $160.00 to $170.00 in a report on Thursday, March 28th. Finally, DA Davidson reiterated a buy rating and set a $191.00 price target on shares of Estée Lauder Companies in a report on Monday. One investment analyst has rated the stock with a sell rating, fifteen have assigned a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of Hold and an average target price of $168.17.

Estée Lauder Companies Price Performance

Shares of NYSE:EL traded down $2.40 during trading on Thursday, reaching $144.96. The company had a trading volume of 2,969,488 shares, compared to its average volume of 2,648,493. The firm's fifty day moving average is $146.83 and its 200 day moving average is $138.21. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.96 and a current ratio of 1.36. The firm has a market capitalization of $51.96 billion, a PE ratio of 111.51, a price-to-earnings-growth ratio of 3.90 and a beta of 1.07. Estée Lauder Companies has a twelve month low of $102.22 and a twelve month high of $250.63.

Estée Lauder Companies (NYSE:EL - Get Free Report) last posted its quarterly earnings data on Monday, February 5th. The company reported $0.88 EPS for the quarter, topping analysts' consensus estimates of $0.55 by $0.33. Estée Lauder Companies had a return on equity of 9.78% and a net margin of 3.08%. The company had revenue of $4.28 billion for the quarter, compared to the consensus estimate of $4.19 billion. During the same quarter in the previous year, the business earned $1.54 EPS. The company's quarterly revenue was down 7.4% compared to the same quarter last year. On average, equities analysts forecast that Estée Lauder Companies will post 2.23 EPS for the current year.

Estée Lauder Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Thursday, February 29th were paid a dividend of $0.66 per share. The ex-dividend date was Wednesday, February 28th. This represents a $2.64 dividend on an annualized basis and a yield of 1.82%. Estée Lauder Companies's dividend payout ratio is currently 203.08%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in EL. Keybank National Association OH lifted its holdings in shares of Estée Lauder Companies by 11.3% during the third quarter. Keybank National Association OH now owns 4,507 shares of the company's stock valued at $651,000 after acquiring an additional 458 shares during the period. Impax Asset Management Group plc boosted its position in Estée Lauder Companies by 517.6% in the fourth quarter. Impax Asset Management Group plc now owns 46,633 shares of the company's stock valued at $6,820,000 after buying an additional 39,082 shares in the last quarter. ICICI Prudential Asset Management Co Ltd boosted its position in Estée Lauder Companies by 221.9% in the third quarter. ICICI Prudential Asset Management Co Ltd now owns 62,780 shares of the company's stock valued at $9,075,000 after buying an additional 43,280 shares in the last quarter. YCG LLC grew its stake in Estée Lauder Companies by 5.7% during the fourth quarter. YCG LLC now owns 178,242 shares of the company's stock worth $26,068,000 after buying an additional 9,619 shares during the last quarter. Finally, Nordea Investment Management AB increased its holdings in shares of Estée Lauder Companies by 37.1% during the third quarter. Nordea Investment Management AB now owns 1,411,163 shares of the company's stock worth $205,776,000 after buying an additional 381,860 shares in the last quarter. Institutional investors and hedge funds own 55.15% of the company's stock.

Estée Lauder Companies Company Profile

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, nail polishes, and powders, as well as compacts, brushes, and other makeup tools.