Estee Lauder Companies Inc (EL) Scheduled to Post Earnings on Thursday
Estee Lauder Companies Inc (NYSE:EL) is scheduled to be releasing its earnings data before the market opens on Thursday, November 2nd. Estee Lauder Companies has set its Q1 guidance at $0.94-0.97 EPS and its FY18 guidance at $3.87-3.94 EPS.
Estee Lauder Companies (NYSE:EL) last announced its earnings results on Friday, August 18th. The company reported $0.51 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.08. The company had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.86 billion. Estee Lauder Companies had a return on equity of 21.60% and a net margin of 7.95%. The firm’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.43 earnings per share. On average, analysts expect Estee Lauder Companies to post $3.99 EPS for the current fiscal year and $4.44 EPS for the next fiscal year.
Estee Lauder Companies Inc (NYSE EL) opened at 111.12 on Thursday. The stock’s 50 day moving average price is $109.28 and its 200-day moving average price is $99.28. The company has a market cap of $40.89 billion, a price-to-earnings ratio of 33.17 and a beta of 0.67. Estee Lauder Companies Inc has a 52 week low of $75.29 and a 52 week high of $111.79.
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In related news, Director Irvine O. Hockaday, Jr. sold 2,000 shares of the stock in a transaction 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 transaction, the director now owns 26,240 shares of the company’s stock, valued at $2,765,958.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Gregory Polcer sold 25,000 shares of the stock in a transaction on Wednesday, October 4th. The shares were sold at an average price of $110.00, for a total value of $2,750,000.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 580,641 shares of company stock worth $61,605,635. Insiders own 16.24% of the company’s stock.
Several research firms recently commented on EL. Royal Bank Of Canada set a $115.00 price objective on Estee Lauder Companies and gave the company a “buy” rating in a research note on Monday. Stifel Nicolaus upped their price objective on Estee Lauder Companies from $114.00 to $121.00 and gave the company a “buy” rating in a research note on Thursday, October 19th. KeyCorp set a $115.00 price objective on Estee Lauder Companies and gave the company a “buy” rating in a research note on Monday, October 16th. Bank of America Corporation upped their price objective on Estee Lauder Companies from $115.00 to $122.00 and gave the company a “buy” rating in a research note on Friday, October 13th. Finally, DA Davidson began coverage on Estee Lauder Companies in a research note on Wednesday, September 27th. They issued a “neutral” rating and a $115.00 price objective on the stock. 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 assigned a strong buy rating to the stock. Estee Lauder Companies presently has an average rating of “Buy” and a consensus price target of $111.46.
Estee Lauder Companies 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.
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