Telsey Advisory Group Reiterates Market Perform Rating for Estee Lauder Companies (NYSE:EL)

Key Points

• Telsey Advisory Group has reaffirmed a "market perform" rating for Estee Lauder Companies with a price target of $99, indicating a potential upside of 0.41% from the stock's previous close.
• Estee Lauder recently reported $0.09 earnings per share, exceeding analysts' expectations, despite a year-over-year revenue decline of 11.9% to $3.41 billion.
• Insider trading activity showed significant sales of shares by company executives, contributing to a total of 13.05% ownership by insiders in the company's stock.

Estee Lauder Companies (NYSE:EL - Get Free Report)'s stock had its "market perform" rating reaffirmed by analysts at Telsey Advisory Group in a research report issued to clients and investors on Thursday,Benzinga reports. They currently have a $99.00 price objective on the stock. Telsey Advisory Group's target price would indicate a potential upside of 0.41% from the stock's previous close.

A number of other equities analysts have also commented on EL. Deutsche Bank Aktiengesellschaft increased their price target on shares of Estee Lauder Companies from $98.00 to $100.00 and gave the stock a "buy" rating in a report on Thursday, August 21st. Bank of America assumed coverage on shares of Estee Lauder Companies in a research report on Thursday, July 10th. They set a "buy" rating and a $110.00 price target for the company. Wells Fargo & Company upped their price target on shares of Estee Lauder Companies from $60.00 to $90.00 and gave the company an "equal weight" rating in a research report on Wednesday, July 9th. Wall Street Zen cut shares of Estee Lauder Companies from a "hold" rating to a "sell" rating in a research report on Friday, August 22nd. Finally, Barclays increased their price target on shares of Estee Lauder Companies from $63.00 to $84.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 15th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $91.30.

Estee Lauder Companies Stock Performance

Estee Lauder Companies stock opened at $98.60 on Thursday. The firm's 50 day simple moving average is $90.37 and its 200 day simple moving average is $78.77. The company has a current ratio of 1.30, a quick ratio of 0.92 and a debt-to-equity ratio of 1.89. The firm has a market capitalization of $35.48 billion, a PE ratio of -31.40, a price-to-earnings-growth ratio of 1.80 and a beta of 1.16. Estee Lauder Companies has a 1-year low of $48.37 and a 1-year high of $104.53.

Estee Lauder Companies (NYSE:EL - Get Free Report) last posted its earnings results on Wednesday, August 20th. The company reported $0.09 earnings per share for the quarter, topping analysts' consensus estimates of $0.07 by $0.02. The business had revenue of $3.41 billion for the quarter, compared to analyst estimates of $3.36 billion. Estee Lauder Companies had a negative net margin of 7.91% and a positive return on equity of 12.37%. Estee Lauder Companies's revenue was down 11.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.64 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, analysts expect that Estee Lauder Companies will post 1.36 earnings per share for the current fiscal year.

Insider Activity

In related news, VP Lande Rashida La sold 6,417 shares of the stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $91.88, for a total value of $589,593.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Lynn Forester sold 3,702 shares of the stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $91.65, for a total transaction of $339,288.30. Following the completion of the transaction, the director owned 15,479 shares of the company's stock, valued at approximately $1,418,650.35. The trade was a 19.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. 13.05% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Vanguard Group Inc. increased its stake in shares of Estee Lauder Companies by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 26,904,441 shares of the company's stock worth $2,173,879,000 after acquiring an additional 341,235 shares in the last quarter. State Street Corp increased its position in shares of Estee Lauder Companies by 0.6% during the 2nd quarter. State Street Corp now owns 10,859,539 shares of the company's stock valued at $877,451,000 after purchasing an additional 69,959 shares during the last quarter. Independent Franchise Partners LLP increased its position in shares of Estee Lauder Companies by 1.5% during the 1st quarter. Independent Franchise Partners LLP now owns 7,976,434 shares of the company's stock valued at $526,445,000 after purchasing an additional 118,276 shares during the last quarter. Invesco Ltd. increased its position in shares of Estee Lauder Companies by 13.7% during the 2nd quarter. Invesco Ltd. now owns 7,596,379 shares of the company's stock valued at $613,787,000 after purchasing an additional 914,594 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Estee Lauder Companies by 17.8% during the 2nd quarter. Geode Capital Management LLC now owns 5,912,792 shares of the company's stock valued at $475,710,000 after purchasing an additional 892,631 shares during the last quarter. 55.15% of the stock is currently owned by institutional investors.

About Estee 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, and powders, as well as compacts, brushes, and other makeup tools.

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