Wall Street analysts expect Estee Lauder Companies, Inc. (The) (NYSE:EL) to post $3.67 billion in sales for the current quarter, according to Zacks Investment Research. Eight analysts have made estimates for Estee Lauder Companies’ earnings, with the highest sales estimate coming in at $3.69 billion and the lowest estimate coming in at $3.65 billion. Estee Lauder Companies reported sales of $3.21 billion in the same quarter last year, which indicates a positive year over year growth rate of 14.3%. The firm is scheduled to announce its next earnings report on Thursday, February 1st.

On average, analysts expect that Estee Lauder Companies will report full year sales of $3.67 billion for the current year, with estimates ranging from $13.12 billion to $13.18 billion. For the next year, analysts expect that the business will report sales of $13.99 billion per share, with estimates ranging from $13.81 billion to $14.18 billion. Zacks’ sales averages are a mean average based on a survey of research analysts that cover Estee Lauder Companies.

Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings results on Wednesday, November 1st. The company reported $1.21 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.97 by $0.24. The company had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.16 billion. Estee Lauder Companies had a return on equity of 33.64% and a net margin of 11.30%. The firm’s quarterly revenue was up 14.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.85 EPS.

EL has been the topic of a number of analyst reports. Jefferies Group increased their price target on Estee Lauder Companies from $112.00 to $122.00 and gave the company a “hold” rating in a research note on Thursday, September 7th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $117.00 price objective on shares of Estee Lauder Companies in a research note on Tuesday, August 29th. Piper Jaffray Companies set a $135.00 price objective on Estee Lauder Companies and gave the stock a “buy” rating in a research note on Wednesday, November 1st. Stifel Nicolaus raised their price objective on Estee Lauder Companies from $114.00 to $121.00 and gave the stock a “buy” rating in a research note on Thursday, October 19th. Finally, Morgan Stanley raised their price objective on Estee Lauder Companies from $122.00 to $134.00 and gave the stock an “overweight” rating in a research note on Thursday, November 2nd. Six analysts have rated the stock with a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company’s stock. Estee Lauder Companies presently has an average rating of “Buy” and a consensus price target of $118.14.

In other Estee Lauder Companies news, insider 1992 Grat Remainder Trust Fbo sold 570,000 shares of Estee Lauder Companies stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $125.53, for a total value of $71,552,100.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Tracey Thomas Travis sold 5,469 shares of Estee Lauder Companies stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $122.00, for a total value of $667,218.00. Following the completion of the sale, the chief financial officer now directly owns 37,083 shares in the company, valued at approximately $4,524,126. The disclosure for this sale can be found here. Insiders sold a total of 1,526,646 shares of company stock worth $190,321,370 in the last three months. Company insiders own 16.24% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in EL. Jennison Associates LLC bought a new position in Estee Lauder Companies during the third quarter worth about $664,432,000. Janus Henderson Group PLC grew its holdings in Estee Lauder Companies by 1,676.9% during the second quarter. Janus Henderson Group PLC now owns 4,695,498 shares of the company’s stock worth $450,675,000 after purchasing an additional 4,431,247 shares during the period. First Eagle Investment Management LLC bought a new position in Estee Lauder Companies during the second quarter worth about $186,061,000. Northern Trust Corp grew its holdings in Estee Lauder Companies by 41.1% during the second quarter. Northern Trust Corp now owns 3,732,174 shares of the company’s stock worth $358,214,000 after purchasing an additional 1,086,562 shares during the period. Finally, BlackRock Inc. grew its holdings in Estee Lauder Companies by 7.4% during the second quarter. BlackRock Inc. now owns 14,797,992 shares of the company’s stock worth $1,420,311,000 after purchasing an additional 1,022,956 shares during the period. Institutional investors own 53.87% of the company’s stock.

Estee Lauder Companies (EL) traded up $0.45 during mid-day trading on Friday, hitting $125.63. The stock had a trading volume of 1,780,075 shares, compared to its average volume of 1,734,866. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.27 and a current ratio of 1.75. The firm has a market cap of $46,261.49, a P/E ratio of 32.63, a P/E/G ratio of 2.43 and a beta of 0.71. Estee Lauder Companies has a one year low of $75.83 and a one year high of $126.99.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Thursday, November 30th will be paid a $0.38 dividend. This is an increase from Estee Lauder Companies’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend is Wednesday, November 29th. This represents a $1.52 annualized dividend and a dividend yield of 1.21%. Estee Lauder Companies’s dividend payout ratio (DPR) is currently 41.08%.

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About Estee Lauder Companies

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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Earnings History and Estimates for Estee Lauder Companies (NYSE:EL)

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