The Estée Lauder Companies Inc. (NYSE:EL) Given Consensus Recommendation of "Hold" by Brokerages

Shares of The Estée Lauder Companies Inc. (NYSE:EL - Get Free Report) have earned a consensus recommendation of "Hold" from the twenty-two research firms that are presently covering the company, Marketbeat reports. Eighteen investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $81.57.

Several analysts recently issued reports on EL shares. Stifel Nicolaus decreased their price objective on shares of Estée Lauder Companies from $77.00 to $67.00 and set a "hold" rating for the company in a report on Thursday, April 10th. Telsey Advisory Group reaffirmed a "market perform" rating and set a $76.00 price objective on shares of Estée Lauder Companies in a report on Thursday, April 24th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Estée Lauder Companies from $80.00 to $78.00 and set a "hold" rating for the company in a report on Wednesday, January 22nd. Piper Sandler increased their price target on shares of Estée Lauder Companies from $91.00 to $98.00 and gave the company an "overweight" rating in a report on Wednesday, January 29th. Finally, Royal Bank of Canada reissued an "outperform" rating and issued a $100.00 price target on shares of Estée Lauder Companies in a report on Friday, January 31st.

Insider Activity

In related news, Director Paul J. Fribourg acquired 43,000 shares of the company's stock in a transaction that occurred on Wednesday, February 5th. The stock was purchased at an average price of $66.35 per share, for a total transaction of $2,853,050.00. Following the transaction, the director now directly owns 430,800 shares of the company's stock, valued at approximately $28,583,580. This trade represents a 11.09 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Akhil Shrivastava acquired 700 shares of the company's stock in a transaction that occurred on Wednesday, February 5th. The stock was bought at an average price of $65.79 per share, with a total value of $46,053.00. Following the transaction, the chief financial officer now directly owns 2,381 shares in the company, valued at $156,645.99. The trade was a 41.64 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 12.78% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Peterson Wealth Services raised its position in Estée Lauder Companies by 9.8% in the 4th quarter. Peterson Wealth Services now owns 1,506 shares of the company's stock worth $113,000 after purchasing an additional 134 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its position in Estée Lauder Companies by 42.1% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 476 shares of the company's stock worth $36,000 after purchasing an additional 141 shares during the last quarter. Blue Trust Inc. grew its holdings in Estée Lauder Companies by 8.7% during the 4th quarter. Blue Trust Inc. now owns 1,853 shares of the company's stock worth $139,000 after acquiring an additional 148 shares during the period. Smartleaf Asset Management LLC grew its holdings in Estée Lauder Companies by 47.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 479 shares of the company's stock worth $36,000 after acquiring an additional 154 shares during the period. Finally, Deseret Mutual Benefit Administrators grew its holdings in Estée Lauder Companies by 68.7% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 388 shares of the company's stock worth $29,000 after acquiring an additional 158 shares during the period. Institutional investors own 55.15% of the company's stock.

Estée Lauder Companies Price Performance

NYSE EL opened at $59.10 on Tuesday. The company has a quick ratio of 0.97, a current ratio of 1.37 and a debt-to-equity ratio of 1.75. The stock has a market capitalization of $21.22 billion, a PE ratio of -30.31, a price-to-earnings-growth ratio of 6.09 and a beta of 1.10. The company has a 50 day moving average price of $63.60 and a two-hundred day moving average price of $71.44. Estée Lauder Companies has a 12-month low of $48.37 and a 12-month high of $149.06.

Estée Lauder Companies (NYSE:EL - Get Free Report) last posted its earnings results on Tuesday, February 4th. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.32 by $0.30. Estée Lauder Companies had a negative net margin of 4.61% and a positive return on equity of 16.82%. The firm had revenue of $4 billion during the quarter, compared to analysts' expectations of $3.98 billion. During the same period in the previous year, the company earned $0.88 earnings per share. The company's revenue was down 6.4% compared to the same quarter last year. As a group, equities analysts predict that Estée Lauder Companies will post 1.36 earnings per share for the current fiscal year.

Estée Lauder Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Friday, February 28th were paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.37%. The ex-dividend date was Friday, February 28th. Estée Lauder Companies's dividend payout ratio (DPR) is currently -71.79%.

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

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