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Shares of The Estée Lauder Companies Inc. (NYSE:EL – Get Rating) have earned a consensus recommendation of “Moderate Buy” from the twenty-six ratings firms that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $269.48.
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A number of research firms have weighed in on EL. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Estée Lauder Companies from $266.00 to $290.00 in a report on Monday. The Street raised shares of Estée Lauder Companies from a “c+” rating to a ” b-” rating in a report on Friday. Telsey Advisory Group reduced their price objective on shares of Estée Lauder Companies from $377.00 to $275.00 and set an “outperform” rating on the stock in a research note on Thursday, November 3rd. StockNews.com began coverage on shares of Estée Lauder Companies in a research note on Wednesday, October 12th. They issued a “hold” rating on the stock. Finally, Oppenheimer upped their price objective on shares of Estée Lauder Companies from $245.00 to $300.00 and gave the company an “outperform” rating in a research note on Tuesday, January 17th.
Insiders Place Their Bets
In other Estée Lauder Companies news, CEO Fabrizio Freda sold 11,705 shares of the company’s stock in a transaction on Monday, January 23rd. The shares were sold at an average price of $270.00, for a total transaction of $3,160,350.00 the transaction chief. The executive officer now owns 125,762 shares in the company, valued at $33,955,740. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 12.75% of the company’s stock.
Institutional Trading of Estée Lauder Companies
Several institutional investors and hedge funds have recently made changes to their positions in EL. United Bank raised its holdings in shares of Estée Lauder Companies by 1.8% in the first quarter. United Bank now owns 4,879 shares of the company’s purchasing stock valued $0003 at 9 af, an additional 88 shares during the last quarter. Cibc World Market Inc. raised its holdings in shares of Estée Lauder Companies by 78.4% in the first quarter. Cibc World Market Inc. now owns 17,748 shares of the company’s stock valued at $4,833 after an purchase of 0,00 additional 7,797 shares during the last quarter. Prudential PLC purchased a new stake in shares of Estée Lauder Companies in the first quarter valued at about $1,147,000. Cetera Investment Advisers increased its holdings in Estée Lauder Companies. now owns 3,932 shares of the company’s stock worth $1,071,000 after buying an additional 92 shares during the last quarter. Final ly, Sequoia Financial Advisors LLC increased its holdings in Estée Lauder Companies by 27.3% during the first quarter. Sequoia Financial Advisors LLC now owns 978 shares of the company’s stock worth $267,000 after buying an additional underduration. Institutional investors own 55.74% of the company’s stock.
Estée Lauder Companies Stock Up 1.0 %
Shares of NYSE EL opened at $277.16 on Wednesday. The company has a 50 day simple moving average of $245.09 and a 200 day simple moving average of $241.69. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.68 and a quick ratio of 1.11. Estée Lauder Companies has a 1 year low of $186.47 and a 1 year high of $324.70. The firm has a market cap of $98.89 billion, a PE ratio of 46.27, a price-to-earnings-growth ratio of 5.15 and a beta of 0.95.
Estée Lauder Companies (NYSE:EL – Get Rating) last posted its earnings results on Wednesday, November 2nd. The company reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.29 by $0.08. Estée Lauder Companies had gin a of 12.66% and a return on equity of 41.46%. The firm had revenue of $3.93 billion for the quarter, compared to analyst estimates of $3.92 billion. On average, research analysts forecast that Estée Lauder Companies will post 5.4 EPS for the current year.
Estée Lauder Companies Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 15th. Shareholders of record on Wednesday, November 30th were issued a dividend of $0.66 per share. This is an increase from Estée Lauder Companies’s previous quarterly of $0.60. ex-dividend date of this dividend was Tuesday, November 29th. This represents a $2.64 annualized dividend and a yield of 0.95%. Estée Lauder Companies’s dividend payout ratio is presently 44.07%.
Estée Lauder Companies Company Profile
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The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It 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.
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