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.

Analyst Ratings Changes

A number of research firms have recently commented on EL. Raymond James cut their price objective on Estée Lauder Companies from $345.00 to $320.00 in a report on Wednesday, May 4th. JPMorgan Chase & Co. dropped their target price on Estée Lauder Companies from $270.00 to $265.00 in a research report on Thursday, July 21st. Piper Sandler decreased their price objective 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. Credit Suisse Group lowered their price target on Estée Lauder Companies from $365.00 to $320.00 in a report on Wednesday, May 4th. Finally, UBS Group increased their target price on shares of Estée Lauder Companies to $266.00 in a research report on Friday, July 22nd. Four investment analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $332.60.

Estée Lauder Companies Stock Up 0.4 %

EL Stock opened at $276.37 on Tuesday. The company has a quick ratio of 1.23, a current ratio of 1.75 and a debt-to-equity ratio of 0.84. The company has a market cap of $98.76 billion, a PE ratio of 30.24, a price-to-earnings-growth ratio of 3.31 and a beta of 0.98. Estée Lauder Companies has a 52 week low of $225.39 and a 52 week high of $374.20. The business has a 50-day simple moving average of $257.69 and a 200 day simple moving average of $266.72.

Insiders Place Their Bets

In other Estée Lauder Companies news, EVP Carl P. Haney sold 1,965 shares of the business's stock in a transaction dated Thursday, May 26th. The stock was sold at an average price of $237.92, for a total transaction of $467,512.80. Following the completion of the transaction, the executive vice president now owns 4,515 shares of the company's stock, valued at $1,074,208.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other Estée Lauder Companies news, EVP Carl P. Haney sold 1,965 shares of the business's stock in a transaction dated Thursday, May 26th. The stock was sold at an average price of $237.92, for a total transaction of $467,512.80. Following the completion of the transaction, the executive vice president now owns 4,515 shares of the company's stock, valued at $1,074,208.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Carl P. Haney sold 548 shares of the company's stock in a transaction that occurred on Friday, June 3rd. The shares were 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 approximately $869,748.48. The disclosure for this sale can be found here. Insiders own 12.91% of the company's stock.