Share on StockTwits

Estee Lauder Companies (NYSE:EL) CEO Fabrizio Freda sold 71,625 shares of the company’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $76.49, for a total transaction of $5,478,596.25. Following the transaction, the chief executive officer now directly owns 109,174 shares of the company’s stock, valued at approximately $8,350,719. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

A number of research firms have recently commented on EL. Analysts at Zacks reiterated a “neutral” rating on shares of Estee Lauder Companies in a research note on Monday, August 18th. They now have a $80.00 price target on the stock. Separately, analysts at Bernstein raised their price target on shares of Estee Lauder Companies from $81.00 to $82.00 in a research note on Monday, August 18th. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Estee Lauder Companies in a research note on Monday, August 18th. They now have a $87.00 price target on the stock, up previously from $81.00. Four analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $83.29.

Estee Lauder Companies (NYSE:EL) traded up 1.18% on Monday, hitting $77.19. The stock had a trading volume of 1,194,020 shares. Estee Lauder Companies has a 1-year low of $63.63 and a 1-year high of $77.34. The stock’s 50-day moving average is $75.14 and its 200-day moving average is $72.45. The company has a market cap of $29.433 billion and a P/E ratio of 24.93.

Estee Lauder Companies (NYSE:EL) last announced its earnings results on Friday, August 15th. The company reported $0.66 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.56 by $0.10. The company had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.66 billion. During the same quarter in the prior year, the company posted $0.24 earnings per share. The company’s quarterly revenue was up 13.2% on a year-over-year basis. Analysts expect that Estee Lauder Companies will post $3.03 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Monday, September 15th. Shareholders of record on Friday, August 29th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.04%. The ex-dividend date is Wednesday, August 27th.

The Estee Lauder Companies Inc is a manufacturer and marketer of skin care, makeup, fragrance and hair care products.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.