Deutsche Bank Aktiengesellschaft Trims Estée Lauder Companies (NYSE:EL) Target Price to $159.00

Estée Lauder Companies (NYSE:EL - Get Free Report) had its target price lowered by research analysts at Deutsche Bank Aktiengesellschaft from $160.00 to $159.00 in a research report issued on Wednesday. Deutsche Bank Aktiengesellschaft's price target indicates a potential upside of 24.83% from the stock's previous close.

Several other equities analysts also recently commented on EL. Wells Fargo & Company increased their price target on Estée Lauder Companies from $155.00 to $175.00 and gave the company an "overweight" rating in a report on Tuesday, February 6th. Oppenheimer reiterated a "market perform" rating on shares of Estée Lauder Companies in a report on Monday, April 15th. Telsey Advisory Group restated a "market perform" rating and set a $155.00 price target on shares of Estée Lauder Companies in a report on Thursday, April 25th. The Goldman Sachs Group initiated coverage on Estée Lauder Companies in a research report on Friday, March 1st. They set a "neutral" rating and a $145.00 price objective for the company. Finally, JPMorgan Chase & Co. raised their target price on Estée Lauder Companies from $150.00 to $167.00 and gave the company an "overweight" rating in a report on Tuesday, February 6th. One investment analyst has rated the stock with a sell rating, fifteen have assigned a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $168.36.

Estée Lauder Companies Stock Down 13.2 %

Shares of EL traded down $19.34 during mid-day trading on Wednesday, hitting $127.37. 11,758,456 shares of the company's stock were exchanged, compared to its average volume of 2,762,002. The company has a quick ratio of 0.96, a current ratio of 1.36 and a debt-to-equity ratio of 1.16. Estée Lauder Companies has a twelve month low of $102.22 and a twelve month high of $246.48. The firm has a fifty day moving average of $146.90 and a two-hundred day moving average of $138.33. The stock has a market cap of $45.66 billion, a price-to-earnings ratio of 95.76, a P/E/G ratio of 3.85 and a beta of 1.07.

Estée Lauder Companies (NYSE:EL - Get Free Report) last posted its earnings results on Wednesday, May 1st. The company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.49. The company had revenue of $3.94 billion for the quarter, compared to analyst estimates of $3.92 billion. Estée Lauder Companies had a return on equity of 9.78% and a net margin of 3.08%. The business's revenue was up 5.0% compared to the same quarter last year. During the same period last year, the company earned $0.47 earnings per share. On average, sell-side analysts forecast that Estée Lauder Companies will post 2.23 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Keybank National Association OH grew its position in shares of Estée Lauder Companies by 11.3% during the 3rd quarter. Keybank National Association OH now owns 4,507 shares of the company's stock worth $651,000 after buying an additional 458 shares during the period. Impax Asset Management Group plc increased its position in shares of Estée Lauder Companies by 517.6% during the fourth quarter. Impax Asset Management Group plc now owns 46,633 shares of the company's stock worth $6,820,000 after acquiring an additional 39,082 shares in the last quarter. Unique Wealth Strategies LLC acquired a new stake in shares of Estée Lauder Companies during the fourth quarter worth $819,000. ICICI Prudential Asset Management Co Ltd grew its holdings in shares of Estée Lauder Companies by 221.9% during the third quarter. ICICI Prudential Asset Management Co Ltd now owns 62,780 shares of the company's stock worth $9,075,000 after buying an additional 43,280 shares in the last quarter. Finally, YCG LLC raised its holdings in shares of Estée Lauder Companies by 5.7% in the fourth quarter. YCG LLC now owns 178,242 shares of the company's stock valued at $26,068,000 after purchasing an additional 9,619 shares during the last quarter. 55.15% of the stock is owned by institutional investors and hedge funds.

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.