Estée Lauder Companies (NYSE:EL) Stock Rating Reaffirmed by DA Davidson

DA Davidson reiterated their buy rating on shares of Estée Lauder Companies (NYSE:EL - Free Report) in a report published on Monday morning, Benzinga reports. They currently have a $191.00 target price on the stock.

A number of other equities research analysts have also commented on the stock. Oppenheimer reissued a market perform rating on shares of Estée Lauder Companies in a report on Monday, April 15th. StockNews.com lowered shares of Estée Lauder Companies from a hold rating to a sell rating in a report on Wednesday, February 14th. Telsey Advisory Group upped their price objective on Estée Lauder Companies from $115.00 to $155.00 and gave the stock a market perform rating in a report on Tuesday, February 6th. Barclays increased their price objective on Estée Lauder Companies from $141.00 to $146.00 and gave the company an equal weight rating in a research report on Friday, April 12th. Finally, Raymond James boosted their target price on Estée Lauder Companies from $150.00 to $175.00 and gave the stock a strong-buy rating in a research 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 issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Estée Lauder Companies has an average rating of Hold and an average target price of $168.00.

Estée Lauder Companies Price Performance

Shares of NYSE:EL traded up $3.01 during trading on Monday, reaching $147.42. The stock had a trading volume of 1,777,321 shares, compared to its average volume of 2,664,746. The stock has a market capitalization of $52.85 billion, a PE ratio of 111.55, a P/E/G ratio of 3.78 and a beta of 1.07. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.36 and a quick ratio of 0.96. Estée Lauder Companies has a 52 week low of $102.22 and a 52 week high of $255.80. The business's 50-day moving average price is $146.58 and its 200 day moving average price is $138.03.

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 for the quarter, beating analysts' consensus estimates of $0.55 by $0.33. The firm had revenue of $4.28 billion during the quarter, compared to analysts' expectations of $4.19 billion. Estée Lauder Companies had a return on equity of 9.78% and a net margin of 3.08%. The business's revenue was down 7.4% on a year-over-year basis. During the same period last year, the firm posted $1.54 EPS. As a group, equities analysts predict that Estée Lauder Companies will post 2.23 earnings per share for the current year.

Estée Lauder Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were given a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.79%. The ex-dividend date was Wednesday, February 28th. Estée Lauder Companies's dividend payout ratio is currently 203.08%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. CWM LLC raised its holdings in shares of Estée Lauder Companies by 60.3% during the third quarter. CWM LLC now owns 4,013 shares of the company's stock worth $580,000 after acquiring an additional 1,509 shares during the period. IFP Advisors Inc boosted its position in shares of Estée Lauder Companies by 21.1% during the third quarter. IFP Advisors Inc now owns 785 shares of the company's stock worth $113,000 after buying an additional 137 shares during the period. HB Wealth Management LLC grew its holdings in shares of Estée Lauder Companies by 68.2% during the third quarter. HB Wealth Management LLC now owns 3,270 shares of the company's stock worth $473,000 after buying an additional 1,326 shares in the last quarter. Douglas Lane & Associates LLC raised its position in Estée Lauder Companies by 10.5% in the 3rd quarter. Douglas Lane & Associates LLC now owns 60,274 shares of the company's stock valued at $8,713,000 after buying an additional 5,731 shares during the last quarter. Finally, 1900 Wealth Management LLC acquired a new stake in Estée Lauder Companies in the 3rd quarter valued at approximately $211,000. 55.15% of the stock is currently owned by institutional investors.

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.