Estee Lauder Companies, Inc. (The) (NYSE:EL) – Investment analysts at Oppenheimer Holdings lifted their Q1 2018 EPS estimates for shares of Estee Lauder Companies, Inc. (The) in a report issued on Wednesday. Oppenheimer Holdings analyst R. Parikh now anticipates that the company will post earnings of $0.96 per share for the quarter, up from their previous estimate of $0.95. Oppenheimer Holdings has a “Buy” rating and a $120.00 price target on the stock. Oppenheimer Holdings also issued estimates for Estee Lauder Companies, Inc. (The)’s Q2 2018 earnings at $1.40 EPS, Q3 2018 earnings at $1.05 EPS, Q4 2018 earnings at $0.59 EPS, FY2018 earnings at $4.00 EPS and FY2019 earnings at $4.50 EPS.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last issued its quarterly earnings data on Friday, August 18th. The company reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $2.89 billion during the quarter, compared to analyst estimates of $2.86 billion. During the same period in the prior year, the company posted $0.43 EPS. The business’s revenue for the quarter was up 9.4% compared to the same quarter last year.

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EL has been the subject of several other research reports. Zacks Investment Research cut shares of Estee Lauder Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research report on Monday, August 21st. Jefferies Group LLC boosted their price objective on shares of Estee Lauder Companies, Inc. (The) from $112.00 to $122.00 and gave the stock a “hold” rating in a research report on Thursday, September 7th. Royal Bank Of Canada restated a “buy” rating and issued a $100.00 price objective on shares of Estee Lauder Companies, Inc. (The) in a research report on Wednesday, May 31st. BMO Capital Markets upgraded shares of Estee Lauder Companies, Inc. (The) from an “underperform” rating to a “market perform” rating and boosted their price objective for the stock from $83.00 to $107.00 in a research report on Monday, August 21st. Finally, Deutsche Bank AG boosted their price objective on shares of Estee Lauder Companies, Inc. (The) from $108.00 to $119.00 and gave the stock a “buy” rating in a research report on Monday, August 21st. One analyst has rated the stock with a sell rating, five have assigned a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $110.28.

Shares of Estee Lauder Companies, Inc. (NYSE EL) traded down 1.15% during trading on Thursday, reaching $108.96. The company had a trading volume of 218,144 shares. The company has a market cap of $40.09 billion, a P/E ratio of 32.53 and a beta of 0.67. The firm has a 50-day moving average of $104.85 and a 200-day moving average of $94.82. Estee Lauder Companies, Inc. has a 12-month low of $75.30 and a 12-month high of $110.99.

The company also recently declared a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Thursday, August 31st were issued a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 1.23%. The ex-dividend date of this dividend was Tuesday, August 29th. Estee Lauder Companies, Inc. (The)’s dividend payout ratio (DPR) is 40.60%.

In other news, Director Barry S. Sternlicht sold 10,000 shares of the business’s stock in a transaction on Monday, August 21st. The shares were sold at an average price of $106.30, for a total value of $1,063,000.00. Following the completion of the transaction, the director now owns 40,982 shares of the company’s stock, valued at approximately $4,356,386.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Fabrizio Freda sold 15,880 shares of the business’s stock in a transaction on Thursday, July 6th. The shares were sold at an average price of $95.08, for a total transaction of $1,509,870.40. Following the completion of the transaction, the insider now directly owns 74,188 shares of the company’s stock, valued at approximately $7,053,795.04. The disclosure for this sale can be found here. Insiders sold a total of 568,791 shares of company stock valued at $60,070,365 in the last three months. 16.98% of the stock is owned by company insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in EL. First Trust Advisors LP boosted its stake in Estee Lauder Companies, Inc. (The) by 26.4% in the 1st quarter. First Trust Advisors LP now owns 116,862 shares of the company’s stock worth $9,909,000 after purchasing an additional 24,377 shares during the period. Sei Investments Co. boosted its stake in Estee Lauder Companies, Inc. (The) by 11.2% in the 1st quarter. Sei Investments Co. now owns 60,772 shares of the company’s stock worth $5,152,000 after purchasing an additional 6,130 shares during the period. State of Tennessee Treasury Department boosted its stake in Estee Lauder Companies, Inc. (The) by 20.0% in the 1st quarter. State of Tennessee Treasury Department now owns 83,327 shares of the company’s stock worth $7,065,000 after purchasing an additional 13,889 shares during the period. State of Wisconsin Investment Board boosted its stake in Estee Lauder Companies, Inc. (The) by 21.3% in the 1st quarter. State of Wisconsin Investment Board now owns 190,081 shares of the company’s stock worth $16,117,000 after purchasing an additional 33,336 shares during the period. Finally, Vision Capital Management Inc. boosted its stake in Estee Lauder Companies, Inc. (The) by 20.6% in the 1st quarter. Vision Capital Management Inc. now owns 52,952 shares of the company’s stock worth $4,490,000 after purchasing an additional 9,061 shares during the period. 54.60% of the stock is owned by hedge funds and other institutional investors.

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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