Recent Analysts’ Ratings Updates for Estee Lauder Companies (EL)

Several brokerages have updated their recommendations and price targets on shares of Estee Lauder Companies (NYSE: EL) in the last few weeks:

  • 2/6/2018 – Estee Lauder Companies was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $150.00 price target on the stock. According to Zacks, “Estee Lauder has surpassed the industry over a year, courtesy of focus on buyouts and product launches; strength in emerging markets; and solid growth in travel retail and online business. These factors helped the company to mark its 14th and 4th straight earnings and sales beat, respectively in second-quarter fiscal 2018, wherein both top and bottom lines grew year over year. Results gained from solid cost savings and contributions from BECCA and Too Faced. Sturdy growth in travel retail and online channels also drove performance. Notably, the company witnessed strength in most geographic regions and categories — with skin care and makeup standing out. Continued growth opportunities in the global prestige beauty industry, along with expected gains from tax reforms also led to a raised view. However, weak gross margin and soft U.S. retail traffic remain hurdles. Macroeconomic issues that could affect consumer spending also pose threats.”
  • 2/6/2018 – Estee Lauder Companies had its price target raised by analysts at DA Davidson to $131.00. They now have a “neutral” rating on the stock.
  • 2/5/2018 – Estee Lauder Companies had its price target raised by analysts at Bank of America Corp from $143.00 to $152.00. They now have a “buy” rating on the stock.
  • 2/5/2018 – Estee Lauder Companies had its price target raised by analysts at Morgan Stanley from $139.00 to $147.00. They now have an “overweight” rating on the stock.
  • 2/5/2018 – Estee Lauder Companies had its “buy” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $145.00 price target on the stock.
  • 2/5/2018 – Estee Lauder Companies had its “outperform” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a $144.00 price target on the stock, up previously from $134.00.
  • 2/5/2018 – Estee Lauder Companies had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $145.00 price target on the stock, down previously from $155.00.
  • 2/2/2018 – Estee Lauder Companies had its “buy” rating reaffirmed by analysts at KeyCorp. They now have a $150.00 price target on the stock.
  • 1/31/2018 – Estee Lauder Companies had its price target raised by analysts at BMO Capital Markets to $140.00. They now have a “market perform” rating on the stock.
  • 1/31/2018 – Estee Lauder Companies had its “buy” rating reaffirmed by analysts at Wells Fargo & Co. They now have a $150.00 price target on the stock.
  • 1/23/2018 – Estee Lauder Companies had its price target raised by analysts at Oppenheimer Holdings Inc. from $130.00 to $148.00. They now have an “outperform” rating on the stock.
  • 1/23/2018 – Estee Lauder Companies had its “outperform” rating reaffirmed by analysts at CIBC. They now have a $148.00 price target on the stock, up previously from $130.00.
  • 1/22/2018 – Estee Lauder Companies was given a new $144.00 price target on by analysts at Piper Jaffray Companies. They now have a “buy” rating on the stock.
  • 1/17/2018 – Estee Lauder Companies was given a new $148.00 price target on by analysts at Jefferies Group LLC. They now have a “buy” rating on the stock.
  • 1/9/2018 – Estee Lauder Companies was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $147.00 price target on the stock. According to Zacks, “Estee Lauder has surpassed the industry over a year, gaining from its solid focus on buyouts and product launches; strength in emerging markets and robust online business. Driven by these efforts, Estee Lauder marked its 13th and 3rd straight earnings and sales beat, respectively in first-quarter fiscal 2018, wherein both top and bottom lines grew year over year. Results were aided by contributions from BECCA and Too Faced. Moreover, the company witnessed strength across nearly all regions and product categories, with skin care and China standing out. Growth in travel retail and online channels also remained strong. Management expects continued growth opportunities in the global prestige beauty industry, which encouraged it to raise its outlook. However, soft retail traffic in the United States remains a hurdle. Also, management remains cautious about other economic and political issues that can affect consumer spending.”
  • 1/4/2018 – Estee Lauder Companies had its price target raised by analysts at Wells Fargo & Co from $135.00 to $145.00. They now have an “outperform” rating on the stock.
  • 1/2/2018 – Estee Lauder Companies was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “Estee Lauder has surpassed the industry over a year, gaining from its solid focus on buyouts and product launches; strength in emerging markets and robust online business. Driven by these efforts, Estee Lauder marked its 13th and 3rd straight earnings and sales beat, respectively in first-quarter fiscal 2018, wherein both top and bottom lines grew year over year. Results were aided by contributions from BECCA and Too Faced. Moreover, the company witnessed strength across nearly all regions and product categories, with skin care and China standing out. Growth in travel retail and online channels also remained strong. Management expects continued growth opportunities in the global prestige beauty industry, which encouraged it to raise its outlook. However, soft retail traffic in the United States remains a hurdle. Also, management remains cautious about other economic and political issues that can affect consumer spending.”
  • 12/21/2017 – Estee Lauder Companies had its price target raised by analysts at Macquarie from $1.45 to $1.50. They now have an “outperform” rating on the stock.

Shares of Estee Lauder Companies Inc (NYSE:EL) traded up $2.28 during mid-day trading on Monday, reaching $137.03. The company had a trading volume of 2,256,744 shares, compared to its average volume of 1,884,568. The stock has a market capitalization of $50,580.00, a PE ratio of 47.58, a price-to-earnings-growth ratio of 2.39 and a beta of 0.74. Estee Lauder Companies Inc has a 12 month low of $81.69 and a 12 month high of $138.74. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.33 and a current ratio of 1.76.

Estee Lauder Companies (NYSE:EL) last issued its quarterly earnings results on Friday, February 2nd. The company reported $1.52 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.44 by $0.08. The company had revenue of $3.74 billion for the quarter, compared to analysts’ expectations of $3.68 billion. Estee Lauder Companies had a return on equity of 34.86% and a net margin of 8.43%. The firm’s revenue for the quarter was up 16.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.22 earnings per share. equities research analysts predict that Estee Lauder Companies Inc will post 4.36 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Wednesday, February 28th will be paid a $0.38 dividend. The ex-dividend date is Tuesday, February 27th. This represents a $1.52 annualized dividend and a yield of 1.11%. Estee Lauder Companies’s payout ratio is 52.78%.

In other news, Director Richard D. Parsons sold 9,312 shares of the stock in a transaction on Friday, February 9th. The stock was sold at an average price of $132.96, for a total value of $1,238,123.52. Following the sale, the director now directly owns 4,576 shares of the company’s stock, valued at $608,424.96. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider 1992 Grat Remainder Trust Fbo sold 125,000 shares of the stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $125.87, for a total value of $15,733,750.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,390,653 shares of company stock worth $175,112,676. 16.24% of the stock is owned by insiders.

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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