Estee Lauder Companies (NYSE:EL) Stock Price Expected to Rise, TD Cowen Analyst Says

Estee Lauder Companies (NYSE:EL) had its price objective increased by research analysts at TD Cowen from $85.00 to $90.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has a “hold” rating on the stock. TD Cowen’s price target indicates a potential upside of 8.99% from the stock’s previous close.

Other equities analysts have also recently issued reports about the company. The Goldman Sachs Group initiated coverage on Estee Lauder Companies in a research note on Monday, June 22nd. They set a “buy” rating and a $100.00 price objective on the stock. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Estee Lauder Companies from $124.00 to $108.00 and set a “buy” rating for the company in a research note on Monday, March 30th. Weiss Ratings downgraded shares of Estee Lauder Companies from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, May 4th. JPMorgan Chase & Co. dropped their price target on shares of Estee Lauder Companies from $99.00 to $94.00 and set an “overweight” rating on the stock in a research report on Thursday, July 16th. Finally, Wall Street Zen cut shares of Estee Lauder Companies from a “buy” rating to a “hold” rating in a report on Saturday, April 4th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $98.11.

Estee Lauder Companies Stock Performance

Shares of Estee Lauder Companies stock opened at $82.57 on Tuesday. The company has a market cap of $29.88 billion, a PE ratio of -117.96, a price-to-earnings-growth ratio of 0.64 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. The business has a 50 day moving average price of $83.73 and a 200-day moving average price of $90.62. The company has a quick ratio of 0.94, a current ratio of 1.27 and a debt-to-equity ratio of 1.71.

Estee Lauder Companies (NYSE:EL) last posted 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. The company had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.69 billion. Estee Lauder Companies had a positive return on equity of 20.66% and a negative net margin of 1.67%.The company’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter last year, the company earned $0.65 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. Equities analysts anticipate that Estee Lauder Companies will post 2.41 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Estee Lauder Companies

Several institutional investors and hedge funds have recently bought and sold shares of the company. Bank of America Corp DE increased its position in Estee Lauder Companies by 950.9% in the first quarter. Bank of America Corp DE now owns 13,843,765 shares of the company’s stock worth $993,567,000 after buying an additional 12,526,471 shares during the last quarter. Schroder Investment Management Group lifted its position in shares of Estee Lauder Companies by 185.3% during the 4th quarter. Schroder Investment Management Group now owns 8,140,550 shares of the company’s stock valued at $861,596,000 after buying an additional 5,286,875 shares during the last quarter. J. Stern & Co. LLP lifted its position in shares of Estee Lauder Companies by 4,281.3% during the 4th quarter. J. Stern & Co. LLP now owns 4,094,761 shares of the company’s stock valued at $4,094,761,000 after buying an additional 4,001,300 shares during the last quarter. Norges Bank bought a new position in shares of Estee Lauder Companies during the 4th quarter worth $308,912,000. Finally, M&T Bank Corp increased its holdings in Estee Lauder Companies by 16,270.3% in the 4th quarter. M&T Bank Corp now owns 2,667,208 shares of the company’s stock worth $279,310,000 after acquiring an additional 2,650,915 shares during the last quarter. 55.15% of the stock is owned by institutional investors.

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.