Estée Lauder Companies - EL Stock Forecast, Price & News

The Estée Lauder Companies Inc. manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. The company offers a range of skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, cleansing devices, 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. It also provides fragrance products in various forms comprising eau de parfum sprays and colognes, as well as lotions, powders, creams, candles, and soaps; and hair care products that include shampoos, conditioners, styling products, treatment, finishing sprays, and hair color products, as well as sells ancillary products and services. The company offers its products under Estée Lauder, Aramis, Clinique, Lab Series, Origins, M·A·C, Bobbi Brown, La Mer, Aveda, Jo Malone London, Bumble and bumble, Darphin, Smashbox, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, By Kilian, BECCA, Too Faced, Dr. Jart+, DECIEM, and The Ordinary brands. It also holds license arrangements for Tommy Hilfiger, Donna Karan New York, DKNY, Michael Kors, and Ermenegildo Zegna brands. The company sells its products through department stores, specialty-multi retailers, upscale perfumeries and pharmacies, and salons and spas; freestanding stores; its own and authorized retailer websites; third-party online malls; stores in airports; and in-flight and duty-free shops. The company was founded in 1946 and is headquartered in New York, New York.

Analysts Set New Price Targets

A number of brokerages have issued reports on EL. Wells Fargo & Company reduced their price target on Estée Lauder Companies from $310.00 to $290.00 in a research report on Wednesday, May 4th. Credit Suisse Group cut their target price on Estée Lauder Companies from $365.00 to $320.00 in a research report on Wednesday, May 4th. Piper Sandler reduced their target price on Estée Lauder Companies from $380.00 to $350.00 and set an "overweight" rating for the company in a report on Tuesday, April 19th. Royal Bank of Canada dropped their price target on Estée Lauder Companies from $361.00 to $322.00 in a research note on Wednesday, May 4th. Finally, UBS Group upped their price objective on shares of Estée Lauder Companies to $266.00 in a research note on Friday, July 22nd. Four analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Estée Lauder Companies currently has an average rating of "Moderate Buy" and a consensus target price of $333.00.

Estée Lauder Companies Stock Performance

EL Stock traded down $0.18 during trading on Monday, reaching $270.56. 22,704 shares of the stock were exchanged, compared to its average volume of 1,582,505. Estée Lauder Companies has a twelve month low of $225.39 and a twelve month high of $374.20. The company has a current ratio of 1.75, a quick ratio of 1.23 and a debt-to-equity ratio of 0.84. The company has a market capitalization of $96.68 billion, a P/E ratio of 29.62, a price-to-earnings-growth ratio of 3.24 and a beta of 0.98. The stock has a 50 day simple moving average of $256.11 and a 200-day simple moving average of $267.83.

Insiders Place Their Bets

In related news, EVP Carl P. Haney sold 548 shares of the firm's stock in a transaction on Friday, June 3rd. The stock was sold at an average price of $263.88, for a total value of $144,606.24. Following the completion of the transaction, the executive vice president now directly owns 3,296 shares of the company's stock, valued at $869,748.48. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, EVP Carl P. Haney sold 1,965 shares of the company's stock in a transaction that occurred on Thursday, May 26th. The stock was sold at an average price of $237.92, for a total value of $467,512.80. Following the sale, the executive vice president now directly owns 4,515 shares in the company, valued at approximately $1,074,208.80. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Carl P. Haney sold 548 shares of the stock in a transaction that occurred on Friday, June 3rd. The stock was sold at an average price of $263.88, for a total value of $144,606.24. Following the completion of the transaction, the executive vice president now directly owns 3,296 shares of the company's stock, valued at $869,748.48. The disclosure for this sale can be found here. In the last quarter, insiders sold 3,671 shares of company stock worth $888,117. 12.91% of the stock is currently owned by company insiders.