Estée Lauder Companies (NYSE:EL) Stock Rating Reaffirmed by Telsey Advisory Group

Telsey Advisory Group reissued their market perform rating on shares of Estée Lauder Companies (NYSE:EL - Free Report) in a report issued on Wednesday, Benzinga reports. The brokerage currently has a $155.00 price objective on the stock.

Several other brokerages also recently commented on EL. StockNews.com downgraded shares of Estée Lauder Companies from a hold rating to a sell rating in a research report on Wednesday, February 14th. Raymond James increased their target price on Estée Lauder Companies from $150.00 to $175.00 and gave the company a strong-buy rating in a research note on Tuesday, February 6th. Deutsche Bank Aktiengesellschaft decreased their price target on Estée Lauder Companies from $160.00 to $159.00 in a research note on Wednesday. Wells Fargo & Company increased their price objective on Estée Lauder Companies from $155.00 to $175.00 and gave the company an overweight rating in a research report on Tuesday, February 6th. Finally, The Goldman Sachs Group started coverage on Estée Lauder Companies in a research report on Friday, March 1st. They issued a neutral rating and a $145.00 target price for the company. One research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of Hold and a consensus price target of $168.36.

Estée Lauder Companies Trading Down 13.2 %

Shares of EL traded down $19.34 during trading hours on Wednesday, reaching $127.37. 11,758,456 shares of the company traded hands, 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 12 month low of $102.22 and a 12 month high of $246.48. The company's fifty day moving average price is $146.90 and its two-hundred day moving average price is $138.33. The company has a market capitalization of $45.66 billion, a price-to-earnings ratio of 95.76, a price-to-earnings-growth ratio of 3.85 and a beta of 1.07.

Estée Lauder Companies (NYSE:EL - Get Free Report) last announced its quarterly earnings data on Wednesday, May 1st. The company reported $0.97 EPS for the quarter, beating the consensus estimate of $0.48 by $0.49. The business had revenue of $3.94 billion during 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 company's revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.47 earnings per share. Equities research analysts predict that Estée Lauder Companies will post 2.23 earnings per share for the current fiscal year.

Estée Lauder Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 17th. Stockholders of record on Friday, May 31st will be given a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a dividend yield of 2.07%. Estée Lauder Companies's payout ratio is 203.08%.

Institutional Trading of Estée Lauder Companies

A number of large investors have recently added to or reduced their stakes in EL. Wetzel Investment Advisors Inc. increased its stake in 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 during the last quarter. Tradewinds Capital Management LLC lifted its stake in shares of Estée Lauder Companies by 34.1% in the 1st quarter. Tradewinds Capital Management LLC now owns 295 shares of the company's stock valued at $45,000 after purchasing an additional 75 shares during the last quarter. Cullen Frost Bankers Inc. boosted its holdings in shares of Estée Lauder Companies by 0.5% in the 4th quarter. Cullen Frost Bankers Inc. now owns 16,682 shares of the company's stock worth $2,440,000 after purchasing an additional 76 shares during the period. Massmutual Trust Co. FSB ADV increased its position in shares of Estée Lauder Companies by 25.6% during the 1st quarter. Massmutual Trust Co. FSB ADV now owns 402 shares of the company's stock valued at $62,000 after purchasing an additional 82 shares during the last quarter. Finally, Capital Advisors Ltd. LLC raised its holdings in Estée Lauder Companies by 11.9% during the 1st quarter. Capital Advisors Ltd. LLC now owns 849 shares of the company's stock valued at $131,000 after buying an additional 90 shares during the period. Institutional investors 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.