The Goldman Sachs Group Upgrades Estee Lauder Companies (NYSE:EL) to "Buy"

Key Points

• Goldman Sachs Group has upgraded Estee Lauder Companies from a "neutral" rating to a "buy" rating, increasing its price target from $76.00 to $115.00, indicating a potential upside of 31.02%.
• While Goldman Sachs provided a positive outlook, a number of analysts maintain varied ratings, with a consensus rating of "Hold" and a price target averaging $91.30.
• Estee Lauder Companies recently reported quarterly earnings with earnings per share of $0.09, exceeding expectations, but also saw an 11.9% drop in revenue year-over-year.

Estee Lauder Companies (NYSE:EL - Get Free Report) was upgraded by equities research analysts at The Goldman Sachs Group from a "neutral" rating to a "buy" rating in a research note issued on Monday,Benzinga reports. The firm currently has a $115.00 price target on the stock, up from their previous price target of $76.00. The Goldman Sachs Group's price target would suggest a potential upside of 31.02% from the company's current price.

A number of other equities research analysts also recently weighed in on EL. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Estee Lauder Companies in a research note on Wednesday, October 8th. Canaccord Genuity Group raised their price target on Estee Lauder Companies from $62.00 to $85.00 and gave the stock a "hold" rating in a research note on Monday, August 18th. Wells Fargo & Company raised their price target on Estee Lauder Companies from $60.00 to $90.00 and gave the stock an "equal weight" rating in a research note on Wednesday, July 9th. Citigroup raised their price objective on Estee Lauder Companies from $60.00 to $99.00 and gave the company a "neutral" rating in a research note on Tuesday, July 15th. Finally, JPMorgan Chase & Co. raised their price objective on Estee Lauder Companies from $99.00 to $114.00 and gave the company an "overweight" rating in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $91.30.

Estee Lauder Companies Trading Down 6.6%

Shares of NYSE EL opened at $87.77 on Monday. Estee Lauder Companies has a one year low of $48.37 and a one year high of $97.44. The firm has a market capitalization of $31.59 billion, a PE ratio of -27.95, a PEG ratio of 2.50 and a beta of 1.16. 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 business has a 50-day moving average price of $89.40 and a two-hundred day moving average price of $77.07.

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

Insider Activity at Estee Lauder Companies

In other Estee Lauder Companies news, Director Lynn Forester sold 3,702 shares of Estee Lauder Companies stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $91.65, for a total value of $339,288.30. Following the transaction, the director directly owned 15,479 shares of the company's stock, valued at $1,418,650.35. The trade was a 19.30% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Lande Rashida La sold 6,417 shares of the business's stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $91.88, for a total value of $589,593.96. The disclosure for this sale can be found here. Insiders own 13.05% of the company's stock.

Institutional Trading of Estee Lauder Companies

Institutional investors and hedge funds have recently modified their holdings of the company. Kessler Investment Group LLC boosted its stake in Estee Lauder Companies by 4.6% in the 3rd quarter. Kessler Investment Group LLC now owns 100,196 shares of the company's stock valued at $8,829,000 after buying an additional 4,414 shares in the last quarter. Voya Investment Management LLC boosted its stake in Estee Lauder Companies by 29.5% in the 3rd quarter. Voya Investment Management LLC now owns 84,035 shares of the company's stock valued at $7,405,000 after buying an additional 19,128 shares in the last quarter. Contravisory Investment Management Inc. acquired a new stake in Estee Lauder Companies in the 3rd quarter valued at $969,000. Czech National Bank boosted its stake in Estee Lauder Companies by 3.9% in the 3rd quarter. Czech National Bank now owns 59,485 shares of the company's stock valued at $5,242,000 after buying an additional 2,236 shares in the last quarter. Finally, Quintet Private Bank Europe S.A. boosted its stake in Estee Lauder Companies by 32.4% in the 3rd quarter. Quintet Private Bank Europe S.A. now owns 83,151 shares of the company's stock valued at $7,327,000 after buying an additional 20,342 shares in 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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