JPMorgan Chase & Co. Lowers Estee Lauder Companies (NYSE:EL) Price Target to $94.00

Estee Lauder Companies (NYSE:EL) had its target price lowered by equities researchers at JPMorgan Chase & Co. from $99.00 to $94.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 14.19% from the company’s current price.

A number of other equities analysts have also issued reports on the stock. Wall Street Zen lowered shares of Estee Lauder Companies from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Estee Lauder Companies from $124.00 to $108.00 and set a “buy” rating for the company in a research report on Monday, March 30th. Citigroup lifted their target price on Estee Lauder Companies from $92.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Barclays upped their price target on Estee Lauder Companies from $72.00 to $75.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 5th. Finally, Piper Sandler began coverage on Estee Lauder Companies in a report on Friday, May 15th. They issued an “overweight” rating and a $95.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $99.16.

Estee Lauder Companies Price Performance

Estee Lauder Companies stock opened at $82.32 on Thursday. The business’s fifty day moving average is $83.75 and its two-hundred day moving average is $91.20. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.94 and a current ratio of 1.27. The firm has a market cap of $29.78 billion, a P/E ratio of -117.60, a P/E/G ratio of 0.65 and a beta of 1.27. Estee Lauder Companies has a 52 week low of $66.22 and a 52 week high of $121.64.

Estee Lauder Companies (NYSE:EL) last announced its earnings results on Friday, May 1st. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.25. Estee Lauder Companies had a positive return on equity of 20.66% and a negative net margin of 1.67%.The company had revenue of $3.71 billion during the quarter, compared to analyst estimates of $3.69 billion. During the same period last year, the company posted $0.65 earnings per share. The firm’s quarterly revenue was up 4.6% compared to the same quarter last year. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. Equities research analysts forecast that Estee Lauder Companies will post 2.41 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Estee Lauder Companies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. REAP Financial Group LLC bought a new position in Estee Lauder Companies during the 4th quarter worth approximately $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna bought a new position in shares of Estee Lauder Companies during the fourth quarter worth $27,000. Flagship Harbor Advisors LLC acquired a new position in shares of Estee Lauder Companies in the 4th quarter valued at $32,000. N.E.W. Advisory Services LLC grew its holdings in shares of Estee Lauder Companies by 39.1% in the 4th quarter. N.E.W. Advisory Services LLC now owns 324 shares of the company’s stock valued at $34,000 after buying an additional 91 shares during the period. Finally, DV Equities LLC bought a new stake in shares of Estee Lauder Companies in the 4th quarter valued at $36,000. Institutional investors own 55.15% of the company’s stock.

Estee Lauder Companies Company Profile

Estée Lauder Companies Inc (NYSE: EL) is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.

The company’s portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.