Estée Lauder Companies (NYSE:EL) Receives "Market Perform" Rating from Telsey Advisory Group

Estée Lauder Companies (NYSE:EL - Get Free Report)'s stock had its "market perform" rating reaffirmed by stock analysts at Telsey Advisory Group in a research note issued to investors on Thursday, Benzinga reports. They currently have a $155.00 target price on the stock. Telsey Advisory Group's target price would indicate a potential upside of 6.93% from the company's previous close.

Several other equities analysts have also weighed in on EL. Citigroup raised shares of Estée Lauder Companies from a "neutral" rating to a "buy" rating and increased their price objective for the company from $160.00 to $175.00 in a research report on Tuesday, April 2nd. Raymond James increased their target price on Estée Lauder Companies from $150.00 to $175.00 and gave the stock a "strong-buy" rating in a research note on Tuesday, February 6th. StockNews.com cut Estée Lauder Companies from a "hold" rating to a "sell" rating in a research report on Wednesday, February 14th. JPMorgan Chase & Co. raised their price target on shares of Estée Lauder Companies from $150.00 to $167.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 6th. Finally, Wells Fargo & Company raised their price target on shares of Estée Lauder Companies from $155.00 to $175.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 6th. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Estée Lauder Companies currently has a consensus rating of "Hold" and a consensus price target of $168.17.

Estée Lauder Companies Trading Down 1.6 %

EL stock traded down $2.40 during midday trading on Thursday, hitting $144.96. 2,969,488 shares of the company's stock were exchanged, compared to its average volume of 2,648,493. Estée Lauder Companies has a one year low of $102.22 and a one year high of $250.63. 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 company has a market cap of $51.96 billion, a PE ratio of 111.53, a price-to-earnings-growth ratio of 3.90 and a beta of 1.07. The stock's fifty day moving average price is $146.84 and its 200-day moving average price is $138.16.

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 the consensus estimate of $0.55 by $0.33. The company had revenue of $4.28 billion during the quarter, compared to analysts' expectations of $4.19 billion. Estée Lauder Companies had a net margin of 3.08% and a return on equity of 9.78%. The business's quarterly revenue was down 7.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.54 earnings per share. Research analysts predict that Estée Lauder Companies will post 2.23 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Estée Lauder Companies

Hedge funds have recently added to or reduced their stakes in the business. Wetzel Investment Advisors Inc. increased its position in shares of Estée Lauder Companies by 8.3% during the first quarter. Wetzel Investment Advisors Inc. now owns 885 shares of the company's stock worth $128,000 after acquiring an additional 68 shares in the last quarter. Moreno Evelyn V increased its holdings in Estée Lauder Companies by 0.5% during the 3rd quarter. Moreno Evelyn V now owns 16,492 shares of the company's stock worth $2,384,000 after purchasing an additional 75 shares in the last quarter. Tradewinds Capital Management LLC grew its holdings in shares of Estée Lauder Companies by 34.1% in the first quarter. Tradewinds Capital Management LLC now owns 295 shares of the company's stock valued at $45,000 after acquiring an additional 75 shares in the last quarter. Cullen Frost Bankers Inc. increased its position in shares of Estée Lauder Companies by 0.5% during the fourth quarter. Cullen Frost Bankers Inc. now owns 16,682 shares of the company's stock valued at $2,440,000 after acquiring an additional 76 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV increased its position in shares of Estée Lauder Companies by 25.6% during the first quarter. Massmutual Trust Co. FSB ADV now owns 402 shares of the company's stock valued at $62,000 after acquiring an additional 82 shares during the last quarter. 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.