The Estée Lauder Companies (NYSE:EL) released its quarterly earnings results on Sunday. The company reported $1.62 EPS for the quarter, beating the Zacks’ consensus estimate of $1.32 by $0.30, RTT News reports. The firm had revenue of $3.86 billion for the quarter, compared to analyst estimates of $3.90 billion. The Estée Lauder Companies had a net margin of 4.38% and a return on equity of 32.72%. The company’s revenue for the quarter was up 15.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.85 earnings per share.
Shares of EL stock traded up $13.18 on Tuesday, reaching $302.11. The company had a trading volume of 3,267,822 shares, compared to its average volume of 1,431,159. The stock has a market cap of $109.59 billion, a PE ratio of 176.96, a PEG ratio of 3.76 and a beta of 0.87. The company has a 50-day moving average of $299.85 and a 200-day moving average of $267.20. The company has a current ratio of 1.85, a quick ratio of 1.39 and a debt-to-equity ratio of 1.10. The Estée Lauder Companies has a 12 month low of $158.25 and a 12 month high of $318.34.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 15th. Stockholders of record on Friday, May 28th will be given a dividend of $0.53 per share. The ex-dividend date is Thursday, May 27th. This represents a $2.12 annualized dividend and a dividend yield of 0.70%. The Estée Lauder Companies’s payout ratio is currently 51.46%.
In other The Estée Lauder Companies news, CFO Tracey Thomas Travis sold 22,924 shares of The Estée Lauder Companies stock in a transaction dated Tuesday, March 9th. The stock was sold at an average price of $285.01, for a total transaction of $6,533,569.24. Also, VP Sara E. Moss sold 17,576 shares of the business’s stock in a transaction dated Thursday, February 25th. The shares were sold at an average price of $290.78, for a total value of $5,110,749.28. Following the completion of the transaction, the vice president now directly owns 17,576 shares of the company’s stock, valued at $5,110,749.28. The disclosure for this sale can be found here. Insiders have sold a total of 2,149,073 shares of company stock worth $608,055,929 in the last three months. 13.95% of the stock is owned by insiders.
The Estée Lauder Companies Company Profile
The EstÃ©e Lauder Companies Inc manufactures and markets skin care, makeup, fragrance, and hair care products. 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.
Further Reading: Debt-To-Equity Ratio
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