Estee Lauder Companies, Inc. (The) (NYSE:EL) had its target price increased by stock analysts at Jefferies Group LLC from $112.00 to $122.00 in a report released on Thursday. The firm presently has a “hold” rating on the stock. Jefferies Group LLC’s target price points to a potential upside of 12.12% from the company’s previous close. Jefferies Group also issued estimates for Estee Lauder Companies, Inc. (The)’s Q2 2018 earnings at $1.43 EPS, 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.

Other analysts have also issued reports about the company. Stifel Nicolaus lowered their price objective on Estee Lauder Companies, Inc. (The) from $108.00 to $98.00 and set a “buy” rating for the company in a research report on Tuesday, June 6th. Oppenheimer Holdings, Inc. reiterated an “outperform” rating and issued a $110.00 price objective (up from $100.00) on shares of Estee Lauder Companies, Inc. (The) in a research report on Thursday, August 10th. Piper Jaffray Companies set a $95.00 price objective on Estee Lauder Companies, Inc. (The) and gave the stock a “buy” rating in a research report on Friday, August 18th. Argus upgraded Estee Lauder Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $125.00 price objective for the company in a research report on Tuesday, August 22nd. Finally, Deutsche Bank AG reiterated a “buy” rating and issued a $108.00 price objective (up from $102.00) on shares of Estee Lauder Companies, Inc. (The) in a research report on Saturday, July 22nd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $108.75.

Shares of Estee Lauder Companies, Inc. (NYSE:EL) opened at 108.81 on Thursday. The firm has a 50-day moving average of $102.65 and a 200-day moving average of $93.35. Estee Lauder Companies, Inc. has a one year low of $75.30 and a one year high of $108.85. The firm has a market capitalization of $40.04 billion, a P/E ratio of 32.48 and a beta of 0.67.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last announced its earnings results on Friday, August 18th. The company reported $0.51 earnings per share for the quarter, beating the Zacks’ 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 during the quarter, compared to analyst estimates of $2.86 billion. During the same period last year, the company posted $0.43 earnings per share. The firm’s quarterly revenue was up 9.4% compared to the same quarter last year. On average, equities analysts predict that Estee Lauder Companies, Inc. will post $3.97 earnings per share for the current fiscal year.

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In other Estee Lauder Companies, Inc. (The) news, Director Irvine O. Hockaday, Jr. sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, August 25th. The stock was sold at an average price of $105.41, for a total value of $210,820.00. Following the sale, the director now owns 26,240 shares in the company, valued at approximately $2,765,958.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Sara E. Moss sold 14,552 shares of the business’s stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $100.22, for a total value of $1,458,401.44. The disclosure for this sale can be found here. Insiders have sold a total of 577,620 shares of company stock worth $60,715,391 in the last quarter. 16.98% of the stock is currently owned by company insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Lloyds Banking Group plc lifted its stake in Estee Lauder Companies, Inc. (The) by 1.4% in the 2nd quarter. Lloyds Banking Group plc now owns 1,887 shares of the company’s stock valued at $181,000 after acquiring an additional 26 shares in the last quarter. Moors & Cabot Inc. lifted its stake in Estee Lauder Companies, Inc. (The) by 1.1% in the 2nd quarter. Moors & Cabot Inc. now owns 3,825 shares of the company’s stock valued at $365,000 after acquiring an additional 40 shares in the last quarter. Glenview Trust Co lifted its stake in Estee Lauder Companies, Inc. (The) by 1.5% in the 2nd quarter. Glenview Trust Co now owns 2,744 shares of the company’s stock valued at $263,000 after acquiring an additional 41 shares in the last quarter. Cadence Capital Management LLC lifted its stake in Estee Lauder Companies, Inc. (The) by 0.7% in the 2nd quarter. Cadence Capital Management LLC now owns 5,662 shares of the company’s stock valued at $543,000 after acquiring an additional 42 shares in the last quarter. Finally, Williams Jones & Associates LLC lifted its stake in Estee Lauder Companies, Inc. (The) by 0.7% in the 2nd quarter. Williams Jones & Associates LLC now owns 6,865 shares of the company’s stock valued at $659,000 after acquiring an additional 45 shares in the last quarter. Hedge funds and other institutional investors own 54.63% of the company’s stock.

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.

Analyst Recommendations for Estee Lauder Companies, Inc. (The) (NYSE:EL)

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