Estee Lauder Companies (NYSE:EL) Given New $75.00 Price Target at Wells Fargo & Company

Estee Lauder Companies (NYSE:EL) had its target price dropped by equities researchers at Wells Fargo & Company from $90.00 to $75.00 in a note issued to investors on Wednesday,Benzinga reports. The firm currently has an “equal weight” rating on the stock. Wells Fargo & Company‘s target price suggests a potential upside of 5.15% from the company’s current price.

EL has been the topic of a number of other reports. Zacks Research downgraded shares of Estee Lauder Companies from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Citigroup raised shares of Estee Lauder Companies from a “neutral” rating to a “buy” rating and set a $120.00 price objective on the stock in a research report on Friday, February 6th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Estee Lauder Companies from $124.00 to $108.00 and set a “buy” rating on the stock in a research report on Monday, March 30th. Raymond James Financial raised shares of Estee Lauder Companies from a “market perform” rating to a “strong-buy” rating and set a $130.00 target price on the stock in a research report on Monday, January 5th. Finally, Wall Street Zen downgraded shares of Estee Lauder Companies from a “buy” rating to a “hold” rating in a research report on Saturday. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $99.95.

Estee Lauder Companies Trading Up 3.1%

NYSE:EL traded up $2.16 during midday trading on Wednesday, reaching $71.33. 2,662,827 shares of the stock traded hands, compared to its average volume of 4,721,786. The company has a fifty day moving average of $95.14 and a 200 day moving average of $98.09. Estee Lauder Companies has a 12 month low of $48.37 and a 12 month high of $121.64. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.00 and a current ratio of 1.36. The stock has a market capitalization of $25.80 billion, a P/E ratio of -142.88, a PEG ratio of 0.78 and a beta of 1.26.

Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.89 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.05. Estee Lauder Companies had a negative net margin of 1.21% and a positive return on equity of 17.59%. The company had revenue of $4.23 billion during the quarter, compared to analyst estimates of $4.22 billion. During the same period in the prior year, the business posted $0.62 EPS. The firm’s revenue was up 5.6% compared to the same quarter last year. Estee Lauder Companies has set its FY 2026 guidance at 2.030-2.230 EPS. On average, research analysts predict that Estee Lauder Companies will post 1.36 EPS for the current year.

Hedge Funds Weigh In On Estee Lauder Companies

A number of hedge funds have recently bought and sold shares of EL. REAP Financial Group LLC bought a new position in Estee Lauder Companies in the 4th quarter worth about $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna bought a new position in Estee Lauder Companies in the 4th quarter worth about $27,000. Asset Dedication LLC boosted its stake in Estee Lauder Companies by 258.7% in the 2nd quarter. Asset Dedication LLC now owns 391 shares of the company’s stock worth $32,000 after purchasing an additional 282 shares in the last quarter. Flagship Harbor Advisors LLC bought a new position in Estee Lauder Companies in the 4th quarter worth about $32,000. Finally, Quent Capital LLC bought a new position in Estee Lauder Companies in the 3rd quarter worth about $33,000. Institutional investors own 55.15% of the company’s stock.

About Estee Lauder Companies

Estée Lauder Companies Inc (NYSE: EL) is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.

The company’s portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.