Estee Lauder Companies, Inc. (The) (NYSE:EL) had its target price boosted by Stifel Nicolaus from $114.00 to $121.00 in a research note issued to investors on Thursday, MarketBeat reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ price target points to a potential upside of 11.21% from the stock’s previous close.

Several other analysts also recently commented on the stock. Jefferies Group LLC upped their price objective on shares of Estee Lauder Companies, Inc. (The) from $112.00 to $122.00 and gave the company a “hold” rating in a report on Thursday, September 7th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $117.00 price objective on shares of Estee Lauder Companies, Inc. (The) in a report on Tuesday, August 29th. Deutsche Bank AG reaffirmed a “buy” rating and issued a $108.00 price objective (up from $102.00) on shares of Estee Lauder Companies, Inc. (The) in a report on Saturday, July 22nd. Macquarie initiated coverage on shares of Estee Lauder Companies, Inc. (The) in a report on Friday, September 15th. They issued an “outperform” rating and a $124.00 price objective on the stock. Finally, Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and issued a $120.00 price objective (up from $110.00) on shares of Estee Lauder Companies, Inc. (The) in a report on Wednesday, September 20th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company. Estee Lauder Companies, Inc. (The) has an average rating of “Buy” and an average target price of $111.46.

Shares of Estee Lauder Companies, Inc. (NYSE EL) traded down 0.82% on Thursday, hitting $108.80. 1,927,107 shares of the stock traded hands. Estee Lauder Companies, Inc. has a one year low of $75.29 and a one year high of $111.79. The stock has a 50 day moving average of $109.12 and a 200 day moving average of $98.64. The company has a market cap of $24.36 billion, a PE ratio of 32.48 and a beta of 0.67.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last released its quarterly earnings data on Friday, August 18th. The company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.43 by $0.08. The business had revenue of $2.89 billion for the quarter, compared to the consensus estimate of $2.86 billion. Estee Lauder Companies, Inc. (The) had a net margin of 10.56% and a return on equity of 32.38%. The business’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.43 EPS. Equities analysts anticipate that Estee Lauder Companies, Inc. will post $3.99 earnings per share for the current year.

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In other Estee Lauder Companies, Inc. (The) news, insider Fabrizio Freda sold 300,000 shares of Estee Lauder Companies, Inc. (The) stock in a transaction dated Tuesday, August 22nd. The shares were sold at an average price of $105.77, for a total transaction of $31,731,000.00. Following the completion of the sale, the insider now directly owns 373,174 shares in the company, valued at $39,470,613.98. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Sara E. Moss sold 14,552 shares of Estee Lauder Companies, Inc. (The) stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $100.22, for a total transaction of $1,458,401.44. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 580,641 shares of company stock valued at $61,605,635. 16.24% of the stock is owned by company insiders.

Several institutional investors and hedge funds have recently made changes to their positions in the business. Swiss National Bank boosted its stake in shares of Estee Lauder Companies, Inc. (The) by 3.1% in the second quarter. Swiss National Bank now owns 812,196 shares of the company’s stock valued at $77,955,000 after purchasing an additional 24,600 shares during the period. Prudential Financial Inc. boosted its stake in shares of Estee Lauder Companies, Inc. (The) by 3.5% in the second quarter. Prudential Financial Inc. now owns 323,600 shares of the company’s stock valued at $31,060,000 after purchasing an additional 10,921 shares during the period. Comgest Global Investors S.A.S. purchased a new position in shares of Estee Lauder Companies, Inc. (The) in the second quarter valued at approximately $2,266,000. JPMorgan Chase & Co. boosted its stake in shares of Estee Lauder Companies, Inc. (The) by 146.4% in the second quarter. JPMorgan Chase & Co. now owns 1,301,975 shares of the company’s stock valued at $124,963,000 after purchasing an additional 773,666 shares during the period. Finally, Israel Discount Bank of New York boosted its stake in shares of Estee Lauder Companies, Inc. (The) by 393.5% in the second quarter. Israel Discount Bank of New York now owns 6,415 shares of the company’s stock valued at $616,000 after purchasing an additional 5,115 shares during the period. Institutional investors and hedge funds own 54.50% 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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