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

Telsey Advisory Group reiterated their market perform rating on shares of Estée Lauder Companies (NYSE:EL) in a report issued on Thursday morning, Benzinga reports. The firm currently has a $105.00 target price on the stock.

Other analysts have also recently issued research reports about the company. Stifel Nicolaus decreased their target price on Estée Lauder Companies from $165.00 to $125.00 and set a “buy” rating on the stock in a report on Tuesday, August 20th. Barclays cut their price target on Estée Lauder Companies from $136.00 to $117.00 and set an “equal weight” rating on the stock in a research note on Friday, July 19th. Hsbc Global Res lowered Estée Lauder Companies from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 16th. DA Davidson reaffirmed a “buy” rating and set a $130.00 price target on shares of Estée Lauder Companies in a research note on Tuesday, October 15th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on Estée Lauder Companies from $108.00 to $105.00 and set a “hold” rating on the stock in a research note on Tuesday, August 20th. Sixteen equities research 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 company has a consensus rating of “Hold” and a consensus price target of $116.91.

Estée Lauder Companies Price Performance

Shares of EL stock opened at $87.25 on Thursday. The stock’s fifty day moving average is $91.30 and its 200-day moving average is $108.33. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.01 and a current ratio of 1.39. The stock has a market capitalization of $31.30 billion, a PE ratio of 80.79, a PEG ratio of 1.47 and a beta of 1.01. Estée Lauder Companies has a 52 week low of $82.39 and a 52 week high of $159.75.

Estée Lauder Companies (NYSE:EL) last announced its earnings results on Monday, August 19th. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.25 by $0.39. The company had revenue of $3.87 billion for the quarter, compared to analysts’ expectations of $3.80 billion. Estée Lauder Companies had a return on equity of 16.91% and a net margin of 2.50%. The business’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.07 earnings per share. Equities research analysts expect that Estée Lauder Companies will post 2.97 EPS for the current fiscal year.

Estée Lauder Companies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 16th. Stockholders of record on Friday, August 30th were given a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date of this dividend was Friday, August 30th. Estée Lauder Companies’s dividend payout ratio is currently 244.44%.

Insider Transactions at Estée Lauder Companies

In other news, Director Lynn Forester sold 3,890 shares of the firm’s stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $93.61, for a total transaction of $364,142.90. Following the sale, the director now owns 15,209 shares of the company’s stock, valued at $1,423,714.49. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, Director Lynn Forester sold 3,890 shares of the firm’s stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $93.61, for a total transaction of $364,142.90. Following the sale, the director now owns 15,209 shares of the company’s stock, valued at $1,423,714.49. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Charlene Barshefsky sold 3,437 shares of the firm’s stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $91.93, for a total value of $315,963.41. Following the sale, the director now directly owns 49,800 shares in the company, valued at approximately $4,578,114. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 12.78% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Tradewinds Capital Management LLC grew its holdings in shares of Estée Lauder Companies by 34.1% during the first quarter. Tradewinds Capital Management LLC now owns 295 shares of the company’s stock worth $45,000 after buying an additional 75 shares in the last quarter. Haverford Trust Co grew its holdings in shares of Estée Lauder Companies by 2.3% during the first quarter. Haverford Trust Co now owns 3,409 shares of the company’s stock worth $525,000 after buying an additional 78 shares in the last quarter. Capital Advisors Ltd. LLC grew its holdings in shares of Estée Lauder Companies by 11.9% during the first quarter. Capital Advisors Ltd. LLC now owns 849 shares of the company’s stock worth $131,000 after buying an additional 90 shares in the last quarter. Hexagon Capital Partners LLC grew its holdings in shares of Estée Lauder Companies by 103.1% during the first quarter. Hexagon Capital Partners LLC now owns 195 shares of the company’s stock worth $30,000 after buying an additional 99 shares in the last quarter. Finally, Aptus Capital Advisors LLC grew its holdings in shares of Estée Lauder Companies by 6.3% during the second quarter. Aptus Capital Advisors LLC now owns 2,144 shares of the company’s stock worth $228,000 after buying an additional 127 shares in the last quarter. 55.15% of the stock is currently owned by institutional investors.

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, and powders, as well as compacts, brushes, and other makeup tools.