Estee Lauder Companies, Inc. (The) (EL) Given a $135.00 Price Target by Piper Jaffray Companies Analysts

Estee Lauder Companies, Inc. (The) (NYSE:EL) received a $135.00 price target from equities researchers at Piper Jaffray Companies in a note issued to investors on Wednesday, November 1st. The brokerage presently has a “buy” rating on the stock. Piper Jaffray Companies’ price objective points to a potential upside of 7.84% from the company’s current price.

Several other equities research analysts have also commented on EL. Telsey Advisory Group boosted their price objective on Estee Lauder Companies, Inc. (The) from $105.00 to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 15th. Bank of America Corporation upped their price target on Estee Lauder Companies, Inc. (The) from $115.00 to $122.00 and gave the company a “buy” rating in a research report on Friday, October 13th. Wells Fargo & Company restated an “outperform” rating and issued a $106.00 price target (up from $103.00) on shares of Estee Lauder Companies, Inc. (The) in a research report on Saturday, July 22nd. Sanford C. Bernstein restated an “outperform” rating and issued a $117.00 price target on shares of Estee Lauder Companies, Inc. (The) in a research report on Tuesday, August 29th. Finally, Deutsche Bank AG upped their price objective on Estee Lauder Companies, Inc. (The) from $108.00 to $119.00 and gave the company a “buy” rating in a report on Monday, August 21st. Seven research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $117.42.

Shares of Estee Lauder Companies, Inc. (NYSE:EL) opened at $125.18 on Wednesday. Estee Lauder Companies, Inc. has a 52-week low of $75.30 and a 52-week high of $126.99. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.75 and a quick ratio of 1.27. The firm has a market capitalization of $45,920.00, a price-to-earnings ratio of 32.39, a PEG ratio of 2.41 and a beta of 0.68.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last issued its quarterly earnings results on Wednesday, November 1st. The company reported $1.21 EPS for the quarter, topping the Zacks’ consensus estimate of $0.97 by $0.24. The company had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.16 billion. Estee Lauder Companies, Inc. (The) had a return on equity of 33.64% and a net margin of 11.30%. The firm’s revenue was up 14.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.85 EPS. research analysts expect that Estee Lauder Companies, Inc. will post 4.16 earnings per share for the current fiscal year.

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In other Estee Lauder Companies, Inc. (The) news, CFO Tracey Thomas Travis sold 5,469 shares of Estee Lauder Companies, Inc. (The) stock in a transaction that occurred on Friday, November 3rd. The shares were sold at an average price of $122.00, for a total value of $667,218.00. Following the completion of the sale, the chief financial officer now directly owns 37,083 shares of the company’s stock, valued at approximately $4,524,126. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider 1992 Grat Remainder Trust Fbo sold 570,000 shares of Estee Lauder Companies, Inc. (The) stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $125.53, for a total transaction of $71,552,100.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,141,622 shares of company stock valued at $138,528,600. Corporate insiders own 16.24% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the business. Swiss National Bank boosted its holdings in shares of Estee Lauder Companies, Inc. (The) by 3.1% in the 2nd quarter. Swiss National Bank now owns 812,196 shares of the company’s stock valued at $77,955,000 after purchasing an additional 24,600 shares during the last quarter. Prudential Financial Inc. boosted its holdings in shares of Estee Lauder Companies, Inc. (The) by 3.5% in the 2nd quarter. Prudential Financial Inc. now owns 323,600 shares of the company’s stock valued at $31,060,000 after purchasing an additional 10,921 shares during the last quarter. Comgest Global Investors S.A.S. acquired a new position in shares of Estee Lauder Companies, Inc. (The) in the 2nd quarter valued at $2,266,000. Clinton Group Inc. acquired a new position in shares of Estee Lauder Companies, Inc. (The) in the 2nd quarter valued at $529,000. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Estee Lauder Companies, Inc. (The) by 146.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,301,975 shares of the company’s stock valued at $124,963,000 after purchasing an additional 773,666 shares during the last quarter. Institutional investors own 54.28% of the company’s stock.

Estee Lauder Companies, Inc. (The) Company Profile

The Estee Lauder Companies Inc manufactures and markets skin care, makeup, fragrance and hair care products. The Company offers products, including skin care, makeup, fragrance, hair care and other. The Company operates in beauty products segment. The Company’s products are sold in over 150 countries and territories under brand names, including Estee Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, MAC, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frederic Malle, GLAMGLOW, By Kilian, BECCA and Too Faced.

Analyst Recommendations for Estee Lauder Companies, Inc. (The) (NYSE:EL)

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