The Estée Lauder Companies Inc. (NYSE:EL) Receives $168.00 Average Price Target from Analysts

The Estée Lauder Companies Inc. (NYSE:EL - Get Free Report) has earned an average rating of "Hold" from the twenty-five brokerages that are covering the stock, MarketBeat.com reports. Fifteen investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $168.00.

EL has been the subject of a number of research analyst reports. Royal Bank of Canada increased their price target on Estée Lauder Companies from $115.00 to $131.00 and gave the company a "sector perform" rating in a research note on Tuesday, February 6th. Oppenheimer reissued a "market perform" rating on shares of Estée Lauder Companies in a research report on Monday. Bank of America upgraded shares of Estée Lauder Companies from a "neutral" rating to a "buy" rating and upped their price target for the company from $160.00 to $170.00 in a research note on Thursday, March 28th. DA Davidson lifted their price objective on shares of Estée Lauder Companies from $179.00 to $191.00 and gave the stock a "buy" rating in a research note on Monday. Finally, JPMorgan Chase & Co. upped their target price on Estée Lauder Companies from $150.00 to $167.00 and gave the company an "overweight" rating in a research report on Tuesday, February 6th.

Estée Lauder Companies Stock Down 0.3 %

Shares of Estée Lauder Companies stock traded down $0.42 on Friday, reaching $144.39. The stock had a trading volume of 2,324,317 shares, compared to its average volume of 2,676,418. Estée Lauder Companies has a 1 year low of $102.22 and a 1 year high of $260.46. The company has a 50 day moving average price of $146.56 and a 200 day moving average price of $138.07. The company has a quick ratio of 0.96, a current ratio of 1.36 and a debt-to-equity ratio of 1.16. The stock has a market capitalization of $51.76 billion, a P/E ratio of 111.22, a P/E/G ratio of 3.59 and a beta of 1.07.

Estée Lauder Companies (NYSE:EL - Get Free Report) last released its quarterly earnings results on Monday, February 5th. The company reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.33. Estée Lauder Companies had a net margin of 3.08% and a return on equity of 9.78%. The business had revenue of $4.28 billion for the quarter, compared to analyst estimates of $4.19 billion. During the same period in the previous year, the company earned $1.54 earnings per share. The business's revenue for the quarter was down 7.4% on a year-over-year basis. As a group, equities research 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. Investors of record on Thursday, February 29th were paid a $0.66 dividend. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $2.64 annualized dividend and a dividend yield of 1.83%. Estée Lauder Companies's dividend payout ratio is presently 203.08%.

Institutional Trading of Estée Lauder Companies

A number of institutional investors and hedge funds have recently made changes to their positions in EL. Rakuten Securities Inc. purchased a new stake in Estée Lauder Companies in the 4th quarter worth $26,000. Riverview Trust Co acquired a new stake in shares of Estée Lauder Companies in the first quarter valued at about $26,000. Quarry LP purchased a new stake in shares of Estée Lauder Companies during the fourth quarter worth about $29,000. Hexagon Capital Partners LLC increased its stake in shares of Estée Lauder Companies by 103.1% during the first quarter. Hexagon Capital Partners LLC now owns 195 shares of the company's stock worth $30,000 after purchasing an additional 99 shares in the last quarter. Finally, Arlington Trust Co LLC acquired a new position in shares of Estée Lauder Companies during the 3rd quarter worth about $32,000. 55.15% of the stock is currently owned by hedge funds and other institutional investors.

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