Estée Lauder Companies (NYSE:EL) PT Lowered to $105.00

Estée Lauder Companies (NYSE:EL) had its price target reduced by investment analysts at Deutsche Bank Aktiengesellschaft from $108.00 to $105.00 in a research note issued on Tuesday, Benzinga reports. The firm presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price would indicate a potential upside of 14.69% from the company’s previous close.

Several other research firms have also recently commented on EL. StockNews.com raised Estée Lauder Companies from a “sell” rating to a “hold” rating in a report on Thursday, May 2nd. Bernstein Bank raised their target price on Estée Lauder Companies from $155.00 to $160.00 in a research note on Wednesday, May 1st. The Goldman Sachs Group cut their target price on Estée Lauder Companies from $130.00 to $115.00 and set a “neutral” rating for the company in a research note on Wednesday, July 17th. Citigroup cut their target price on Estée Lauder Companies from $175.00 to $135.00 and set a “buy” rating for the company in a research note on Wednesday, July 10th. Finally, DA Davidson cut their target price on Estée Lauder Companies from $191.00 to $130.00 and set a “buy” rating for the company in a research note on Tuesday. Sixteen analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $124.13.

Estée Lauder Companies Price Performance

NYSE:EL opened at $91.55 on Tuesday. Estée Lauder Companies has a one year low of $86.05 and a one year high of $165.76. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.15 and a current ratio of 1.58. The stock has a market cap of $32.83 billion, a PE ratio of 51.43, a P/E/G ratio of 1.79 and a beta of 0.99. The stock has a 50 day moving average price of $101.69 and a 200 day moving average price of $126.73.

Estée Lauder Companies (NYSE:EL) last posted its quarterly earnings results on Monday, August 19th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.25 by $0.39. Estée Lauder Companies had a return on equity of 13.08% and a net margin of 4.18%. The firm had revenue of $3.87 billion during the quarter, compared to analysts’ expectations of $3.80 billion. During the same quarter last year, the firm earned $0.07 earnings per share. The business’s revenue for the quarter was up 7.3% on a year-over-year basis. Equities research analysts expect that Estée Lauder Companies will post 2.21 EPS for the current fiscal year.

Insider Activity at Estée Lauder Companies

In related news, EVP Jane Lauder sold 14,976 shares of Estée Lauder Companies stock in a transaction on Thursday, May 30th. The stock was sold at an average price of $121.26, for a total value of $1,815,989.76. Following the completion of the transaction, the executive vice president now directly owns 57,389 shares in the company, valued at $6,958,990.14. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 12.77% of the stock is currently owned by company insiders.

Institutional Trading of Estée Lauder Companies

A number of institutional investors have recently bought and sold shares of the business. Kimelman & Baird LLC purchased a new stake in Estée Lauder Companies during the 2nd quarter worth about $32,000. Brown Shipley& Co Ltd boosted its position in shares of Estée Lauder Companies by 1.0% in the 2nd quarter. Brown Shipley& Co Ltd now owns 40,163 shares of the company’s stock valued at $4,273,000 after purchasing an additional 412 shares during the period. Ecofi Investissements SA acquired a new stake in shares of Estée Lauder Companies in the 2nd quarter valued at about $53,000. Quarry LP acquired a new stake in shares of Estée Lauder Companies in the 2nd quarter valued at about $259,000. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of Estée Lauder Companies by 6.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 186,866 shares of the company’s stock valued at $19,882,000 after purchasing an additional 11,431 shares during the period. 55.15% of the stock is owned by hedge funds and other institutional investors.

Estée Lauder Companies Company Profile

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.