Estee Lauder Companies Inc (NYSE:EL) EVP Carl P. Haney sold 6,525 shares of the firm’s stock in a transaction that occurred on Wednesday, February 14th. The shares were sold at an average price of $138.00, for a total transaction of $900,450.00. Following the transaction, the executive vice president now directly owns 6,525 shares in the company, valued at approximately $900,450. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Shares of Estee Lauder Companies Inc (NYSE EL) traded up $2.23 during trading on Wednesday, hitting $139.73. 1,687,833 shares of the stock traded hands, compared to its average volume of 1,874,085. The firm has a market capitalization of $51,450.00, a P/E ratio of 48.52, a price-to-earnings-growth ratio of 2.43 and a beta of 0.74. 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 Inc has a twelve month low of $81.69 and a twelve month high of $139.99.
Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings data on Friday, February 2nd. The company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.08. The business had revenue of $3.74 billion for the quarter, compared to the consensus estimate of $3.68 billion. Estee Lauder Companies had a net margin of 8.43% and a return on equity of 34.86%. Estee Lauder Companies’s quarterly revenue was up 16.7% on a year-over-year basis. During the same quarter last year, the company posted $1.22 earnings per share. analysts anticipate that Estee Lauder Companies Inc will post 4.36 earnings per share for the current year.
Several institutional investors have recently made changes to their positions in the company. Robecosam AG grew its stake in shares of Estee Lauder Companies by 11.9% in the fourth quarter. Robecosam AG now owns 75,170 shares of the company’s stock worth $9,613,000 after acquiring an additional 7,976 shares during the last quarter. Jones Financial Companies Lllp grew its stake in shares of Estee Lauder Companies by 5.0% in the fourth quarter. Jones Financial Companies Lllp now owns 29,505 shares of the company’s stock worth $3,755,000 after acquiring an additional 1,404 shares during the last quarter. Elephas Investment Management Ltd acquired a new stake in shares of Estee Lauder Companies in the fourth quarter worth $5,764,000. Stone Ridge Asset Management LLC acquired a new stake in shares of Estee Lauder Companies in the fourth quarter worth $1,560,000. Finally, Guggenheim Capital LLC boosted its stake in Estee Lauder Companies by 19.6% during the fourth quarter. Guggenheim Capital LLC now owns 727,786 shares of the company’s stock worth $92,603,000 after buying an additional 119,180 shares in the last quarter. Institutional investors and hedge funds own 54.03% of the company’s stock.
Several equities analysts recently weighed in on the stock. Zacks Investment Research raised shares of Estee Lauder Companies from a “hold” rating to a “buy” rating and set a $150.00 price objective on the stock in a research report on Tuesday, February 6th. DA Davidson raised their price objective on shares of Estee Lauder Companies to $131.00 and gave the company a “neutral” rating in a research report on Tuesday, February 6th. Bank of America raised their price objective on shares of Estee Lauder Companies from $143.00 to $152.00 and gave the company a “buy” rating in a research report on Monday, February 5th. Morgan Stanley increased their price target on Estee Lauder Companies from $139.00 to $147.00 and gave the company an “overweight” rating in a report on Monday, February 5th. Finally, Piper Jaffray Companies reiterated a “buy” rating and set a $145.00 price target on shares of Estee Lauder Companies in a report on Monday, February 5th. Five research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $128.57.
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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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