Estee Lauder Companies, Inc. (The) (NYSE:EL) – Investment analysts at Jefferies Group increased their Q2 2018 earnings estimates for shares of Estee Lauder Companies, Inc. (The) in a research report issued to clients and investors on Thursday. Jefferies Group analyst S. Wissink now expects that the company will post earnings of $1.43 per share for the quarter, up from their previous estimate of $1.41. Jefferies Group currently has a “Hold” rating and a $122.00 target price on the stock. Jefferies Group also issued estimates for Estee Lauder Companies, Inc. (The)’s Q3 2018 earnings at $1.05 EPS, Q4 2018 earnings at $0.53 EPS, FY2018 earnings at $3.98 EPS, Q1 2019 earnings at $1.09 EPS, Q2 2019 earnings at $1.60 EPS, Q3 2019 earnings at $1.19 EPS, Q4 2019 earnings at $0.62 EPS and FY2019 earnings at $4.50 EPS.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last issued its earnings results on Friday, August 18th. The company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.08. Estee Lauder Companies, Inc. (The) had a return on equity of 32.38% and a net margin of 10.56%. The company had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.86 billion. During the same period in the prior year, the firm posted $0.43 EPS. The business’s revenue was up 9.4% compared to the same quarter last year.

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A number of other equities analysts also recently weighed in on the company. Sanford C. Bernstein reissued an “outperform” rating and set a $117.00 price target on shares of Estee Lauder Companies, Inc. (The) in a research report on Tuesday, August 29th. Zacks Investment Research raised Estee Lauder Companies, Inc. (The) from a “hold” rating to a “strong-buy” rating and set a $122.00 price target on the stock in a research report on Tuesday, August 22nd. Morgan Stanley reissued an “overweight” rating and set a $122.00 price target (up previously from $106.00) on shares of Estee Lauder Companies, Inc. (The) in a research report on Tuesday, August 22nd. Argus raised Estee Lauder Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $125.00 price target on the stock in a research report on Tuesday, August 22nd. Finally, Bank of America Corporation boosted their price target on Estee Lauder Companies, Inc. (The) from $105.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, August 21st. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Estee Lauder Companies, Inc. (The) currently has a consensus rating of “Buy” and an average price target of $108.59.

Estee Lauder Companies, Inc. (NYSE:EL) opened at 107.79 on Friday. The firm has a market cap of $39.66 billion, a price-to-earnings ratio of 32.18 and a beta of 0.67. Estee Lauder Companies, Inc. has a one year low of $75.29 and a one year high of $108.74. The stock’s 50 day moving average price is $102.32 and its 200-day moving average price is $93.24.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Thursday, August 31st will be given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date of this dividend is Tuesday, August 29th. Estee Lauder Companies, Inc. (The)’s dividend payout ratio is currently 40.60%.

In related news, insider John Demsey sold 8,048 shares of the stock in a transaction that occurred on Thursday, September 7th. The stock was sold at an average price of $107.87, for a total transaction of $868,137.76. Following the sale, the insider now owns 18,217 shares of the company’s stock, valued at $1,965,067.79. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Barry S. Sternlicht sold 10,000 shares of the stock in a transaction that occurred on Monday, August 21st. The stock was sold at an average price of $106.30, for a total value of $1,063,000.00. Following the sale, the director now directly owns 40,982 shares in the company, valued at approximately $4,356,386.60. The disclosure for this sale can be found here. Insiders have sold 577,620 shares of company stock worth $60,715,391 in the last three months. 16.98% of the stock is currently owned by company insiders.

A number of large investors have recently modified their holdings of the stock. Regents of The University of California acquired a new stake in Estee Lauder Companies, Inc. (The) during the second quarter worth approximately $3,206,000. Toronto Dominion Bank grew its position in Estee Lauder Companies, Inc. (The) by 26.4% during the second quarter. Toronto Dominion Bank now owns 75,819 shares of the company’s stock worth $7,276,000 after buying an additional 15,840 shares in the last quarter. Archford Capital Strategies LLC grew its position in Estee Lauder Companies, Inc. (The) by 11,775.0% during the second quarter. Archford Capital Strategies LLC now owns 6,650 shares of the company’s stock worth $256,000 after buying an additional 6,594 shares in the last quarter. Advisory Services Network LLC grew its position in Estee Lauder Companies, Inc. (The) by 213.2% during the second quarter. Advisory Services Network LLC now owns 6,424 shares of the company’s stock worth $617,000 after buying an additional 4,373 shares in the last quarter. Finally, WINTON GROUP Ltd grew its position in Estee Lauder Companies, Inc. (The) by 32.1% during the second quarter. WINTON GROUP Ltd now owns 128,798 shares of the company’s stock worth $12,362,000 after buying an additional 31,261 shares in the last quarter. 54.63% of the stock is currently owned by institutional investors and hedge funds.

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.

Earnings History and Estimates for Estee Lauder Companies, Inc. (The) (NYSE:EL)

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