Estee Lauder Companies Inc (NYSE:EL) – Equities research analysts at Jefferies Group upped their Q4 2018 earnings per share estimates for Estee Lauder Companies in a research report issued to clients and investors on Wednesday. Jefferies Group analyst S. Wissink now expects that the company will post earnings of $0.57 per share for the quarter, up from their prior estimate of $0.54. Jefferies Group currently has a “Buy” rating and a $148.00 price target on the stock. Jefferies Group also issued estimates for Estee Lauder Companies’ Q1 2019 earnings at $1.32 EPS, Q2 2019 earnings at $1.66 EPS, Q4 2019 earnings at $0.67 EPS, FY2019 earnings at $4.85 EPS, Q1 2020 earnings at $1.53 EPS, Q2 2020 earnings at $1.90 EPS and FY2020 earnings at $5.61 EPS.

Other equities research analysts have also recently issued research reports about the company. Oppenheimer reiterated a “buy” rating and issued a $120.00 price objective (up previously from $110.00) on shares of Estee Lauder Companies in a report on Wednesday, September 20th. Deutsche Bank assumed coverage on Estee Lauder Companies in a report on Wednesday, December 13th. They issued a “hold” rating and a $134.00 price objective for the company. Stifel Nicolaus increased their price objective on Estee Lauder Companies from $114.00 to $121.00 and gave the stock a “buy” rating in a report on Thursday, October 19th. KeyCorp reiterated an “overweight” rating and issued a $135.00 price objective (up previously from $115.00) on shares of Estee Lauder Companies in a report on Thursday, November 2nd. They noted that the move was a valuation call. Finally, Citigroup increased their price objective on Estee Lauder Companies from $111.00 to $128.00 and gave the stock a “neutral” rating in a report on Thursday, November 2nd. Seven equities research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $117.67.

Estee Lauder Companies (NYSE:EL) traded down $1.08 during midday trading on Thursday, reaching $130.98. The company’s stock had a trading volume of 1,131,323 shares, compared to its average volume of 1,481,850. Estee Lauder Companies has a 1-year low of $78.36 and a 1-year high of $132.59. The company has a current ratio of 1.75, a quick ratio of 1.27 and a debt-to-equity ratio of 0.71. The stock has a market cap of $48,230.00, a PE ratio of 35.40, a P/E/G ratio of 2.48 and a beta of 0.71.

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

In related news, insider 1992 Grat Remainder Trust Fbo sold 570,000 shares of the firm’s stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $125.53, for a total transaction of $71,552,100.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard F. Zannino sold 23,312 shares of the firm’s stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $119.23, for a total value of $2,779,489.76. Following the transaction, the director now directly owns 14,000 shares of the company’s stock, valued at approximately $1,669,220. The disclosure for this sale can be found here. Insiders sold a total of 1,566,381 shares of company stock valued at $195,955,337 in the last three months. Corporate insiders own 16.24% of the company’s stock.

A number of hedge funds have recently bought and sold shares of EL. Parkside Financial Bank & Trust increased its holdings in shares of Estee Lauder Companies by 126.1% in the 3rd quarter. Parkside Financial Bank & Trust now owns 1,135 shares of the company’s stock worth $123,000 after purchasing an additional 633 shares in the last quarter. Acrospire Investment Management LLC increased its holdings in shares of Estee Lauder Companies by 2,291.7% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,148 shares of the company’s stock worth $110,000 after purchasing an additional 1,100 shares in the last quarter. CrestPoint Capital Management LLC bought a new stake in shares of Estee Lauder Companies in the 4th quarter worth $204,000. Sun Life Financial INC increased its holdings in shares of Estee Lauder Companies by 16,290.0% in the 2nd quarter. Sun Life Financial INC now owns 1,639 shares of the company’s stock worth $157,000 after purchasing an additional 1,629 shares in the last quarter. Finally, Ipswich Investment Management Co. Inc. bought a new stake in shares of Estee Lauder Companies in the 4th quarter worth $228,000. 53.65% of the stock is owned by institutional investors.

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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.

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

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