Estée Lauder Companies (NYSE:EL) Earns Market Perform Rating from Telsey Advisory Group

Estée Lauder Companies (NYSE:EL)‘s stock had its “market perform” rating reissued by stock analysts at Telsey Advisory Group in a research note issued on Wednesday, Benzinga reports. They presently have a $115.00 price objective on the stock. Telsey Advisory Group’s price target would suggest a potential upside of 15.12% from the company’s current price.

Several other equities research analysts have also commented on EL. Bernstein Bank boosted their price objective on Estée Lauder Companies from $155.00 to $160.00 in a research note on Wednesday, May 1st. Royal Bank of Canada raised Estée Lauder Companies from a “sector perform” rating to an “outperform” rating and set a $131.00 price objective for the company in a research note on Wednesday. Piper Sandler lowered their target price on shares of Estée Lauder Companies from $141.00 to $108.00 and set a “neutral” rating on the stock in a research note on Thursday, July 11th. Wells Fargo & Company reduced their target price on shares of Estée Lauder Companies from $163.00 to $130.00 and set an “overweight” rating for the company in a research report on Wednesday, July 10th. Finally, UBS Group upgraded shares of Estée Lauder Companies to a “hold” rating in a research report on Friday, July 12th. Sixteen analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $149.63.

Estée Lauder Companies Trading Up 0.1 %

Shares of NYSE:EL opened at $99.90 on Wednesday. The business’s 50 day moving average price is $113.27 and its 200-day moving average price is $131.79. Estée Lauder Companies has a 1 year low of $95.87 and a 1 year high of $183.20. The firm has a market capitalization of $35.82 billion, a price-to-earnings ratio of 56.12, a price-to-earnings-growth ratio of 1.83 and a beta of 0.99. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.58 and a quick ratio of 1.15.

Estée Lauder Companies (NYSE:EL) last posted its quarterly earnings data on Wednesday, May 1st. The company reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.49. The business had revenue of $3.94 billion for the quarter, compared to the consensus estimate of $3.92 billion. Estée Lauder Companies had a net margin of 4.18% and a return on equity of 13.08%. The company’s revenue was up 5.0% compared to the same quarter last year. During the same period last year, the firm posted $0.47 earnings per share. On average, equities research analysts forecast that Estée Lauder Companies will post 2.21 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CFO Tracey Thomas Travis sold 14,493 shares of the firm’s stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of $135.73, for a total value of $1,967,134.89. Following the completion of the transaction, the chief financial officer now owns 47,248 shares of the company’s stock, valued at $6,412,971.04. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, CFO Tracey Thomas Travis sold 14,493 shares of the stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $135.73, for a total value of $1,967,134.89. Following the sale, the chief financial officer now directly owns 47,248 shares in the company, valued at $6,412,971.04. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Peter Jueptner sold 12,786 shares of the business’s stock in a transaction on Wednesday, May 22nd. The stock was sold at an average price of $130.62, for a total value of $1,670,107.32. Following the transaction, the insider now directly owns 5,578 shares of the company’s stock, valued at $728,598.36. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 42,255 shares of company stock valued at $5,453,232. Corporate insiders own 12.77% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Wetzel Investment Advisors Inc. raised its holdings in shares of Estée Lauder Companies by 8.3% in the 1st quarter. Wetzel Investment Advisors Inc. now owns 885 shares of the company’s stock valued at $128,000 after purchasing an additional 68 shares in the last quarter. Tradewinds Capital Management LLC raised its stake in Estée Lauder Companies by 34.1% in the first quarter. Tradewinds Capital Management LLC now owns 295 shares of the company’s stock valued at $45,000 after buying an additional 75 shares in the last quarter. Cullen Frost Bankers Inc. lifted its holdings in Estée Lauder Companies by 0.5% during the 4th quarter. Cullen Frost Bankers Inc. now owns 16,682 shares of the company’s stock worth $2,440,000 after buying an additional 76 shares during the last quarter. Haverford Trust Co lifted its holdings in Estée Lauder Companies by 2.3% during the 1st quarter. Haverford Trust Co now owns 3,409 shares of the company’s stock worth $525,000 after buying an additional 78 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV boosted its position in shares of Estée Lauder Companies by 25.6% during the 1st quarter. Massmutual Trust Co. FSB ADV now owns 402 shares of the company’s stock worth $62,000 after acquiring an additional 82 shares in the last quarter. Hedge funds and other institutional investors own 55.15% of the company’s stock.

About Estée 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, nail polishes, and powders, as well as compacts, brushes, and other makeup tools.