Analysts Set The Estée Lauder Companies Inc. (NYSE:EL) PT at $329.75

The Estée Lauder Companies Inc. (NYSE:EL – Get Rating) has been assigned an average rating of “Buy” from the twenty-three brokerages that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and thirteen have issued a buy recommendation on the company. The average 12-month price target among brokerages that have covered the stock in the last year is $329.75.

A number of research analysts have commented on EL shares. Societe Generale reduced their target price on Estée Lauder Companies to $258.00 and set a “na” rating on the stock in a report on Monday, May 16th. Bank of America reduced their price objective on Estée Lauder Companies from $375.00 to $330.00 and set a “neutral” rating on the stock in a research note on Friday, February 4th. StockNews.com began coverage on shares of Estée Lauder Companies in a research note on Thursday, March 31st. They set a “hold” rating for the company. Morgan Stanley reduced their price objective on Estée Lauder Companies from $365.00 to $350.00 and set an “overweight” rating for the company in a research report on Friday, February 4th. Finally, UBS Group dropped their target price on Estée Lauder Companies from $352.00 to $326.00 and set a “neutral” rating on the stock in a research report on Friday, February 4th.

In other news, Director Charlene Barshefsky sold 1,158 shares of the business’s stock in a transaction on Wednesday, May 11th. The stock was sold at an average price of $238.34, for a total transaction of $275,997.72. Following the sale, the director now directly owns 46,828 shares of the company’s stock, valued at $11,160,985.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 13.95% of the company’s stock.

Several large investors have recently modified their holdings of EL. Rise Advisors LLC purchased a new position in Estée Lauder Companies during the 4th quarter valued at about $25,000. Harbor Investment Advisory LLC increased its stake in Estée Lauder Companies by 73.9% in the 4th quarter. Harbor Investment Advisory LLC now owns 80 shares of the company’s stock valued at $30,000 after buying an additional 34 shares during the period. Bell Investment Advisors Inc acquired a new stake in shares of Estée Lauder Companies during the 3rd quarter valued at $25,000. Mascoma Wealth Management LLC boosted its stake in shares of Estée Lauder Companies by 8,400.0% during the 4th quarter. Mascoma Wealth Management LLC now owns 85 shares of the company’s stock valued at $31,000 after buying an additional 84 shares during the period. Finally, New England Professional Planning Group Inc. acquired a new position in shares of Estée Lauder Companies in the first quarter worth $295,000. Institutional investors and hedge funds own 58.85% of the company’s stock.

Shares of NYSE EL opened at $237.21 on Friday. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.75 and a quick ratio of 1.23. Estée Lauder Companies has a 1-year low of $225.39 and a 1-year high of $374.20. The company has a market capitalization of $84.77 billion, a price-to-earnings ratio of 25.95, a PEG ratio of 3.05 and a beta of 1.04. The business has a 50-day moving average of $261.11 and a 200-day moving average of $304.19.

Estée Lauder Companies (NYSE:EL – Get Rating) last released its quarterly earnings results on Tuesday, May 3rd. The company reported $1.90 earnings per share for the quarter, topping analysts’ consensus estimates of $1.67 by $0.23. Estée Lauder Companies had a return on equity of 45.06% and a net margin of 18.53%. The firm had revenue of $4.25 billion during the quarter, compared to analysts’ expectations of $4.32 billion. During the same quarter in the prior year, the business earned $1.62 EPS. Estée Lauder Companies’s quarterly revenue was up 9.9% compared to the same quarter last year. Research analysts expect that Estée Lauder Companies will post 7.15 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 15th. Stockholders of record on Tuesday, May 31st will be given a dividend of $0.60 per share. The ex-dividend date of this dividend is Friday, May 27th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.01%. Estée Lauder Companies’s dividend payout ratio (DPR) is presently 26.26%.

Estée Lauder Companies Company Profile (Get Rating)

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. The company 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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