Estee Lauder Companies, Inc. (The) (NYSE:EL) has been assigned a consensus recommendation of “Buy” from the twenty-seven analysts that are presently covering the stock, Marketbeat reports. Seven equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $117.42.

Several research firms have recently weighed in on EL. Piper Jaffray Companies set a $135.00 price target on shares of Estee Lauder Companies, Inc. (The) and gave the company a “buy” rating in a report on Wednesday, November 1st. DA Davidson reiterated a “hold” rating and issued a $125.00 price target on shares of Estee Lauder Companies, Inc. (The) in a report on Thursday, November 2nd. They noted that the move was a valuation call. BMO Capital Markets upped their price target on shares of Estee Lauder Companies, Inc. (The) from $107.00 to $126.00 and gave the company a “market perform” rating in a report on Thursday, November 2nd. Telsey Advisory Group upped their price target on shares of Estee Lauder Companies, Inc. (The) from $125.00 to $135.00 and gave the company an “outperform” rating in a report on Thursday, November 2nd. Finally, KeyCorp reiterated an “overweight” rating and issued a $135.00 price target (up previously from $115.00) on shares of Estee Lauder Companies, Inc. (The) in a report on Thursday, November 2nd. They noted that the move was a valuation call.

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Estee Lauder Companies, Inc. (NYSE:EL) traded down $0.30 during trading on Friday, hitting $126.02. 1,431,700 shares of the stock traded hands, compared to its average volume of 1,932,769. The firm has a market capitalization of $46,515.57, a PE ratio of 32.81, a PEG ratio of 2.44 and a beta of 0.68. Estee Lauder Companies, Inc. has a 12 month low of $75.30 and a 12 month high of $126.99. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.75 and a quick ratio of 1.27.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last released its quarterly earnings results on Wednesday, November 1st. The company reported $1.21 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.97 by $0.24. The company had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.16 billion. Estee Lauder Companies, Inc. (The) had a net margin of 11.30% and a return on equity of 33.64%. The business’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.85 earnings per share. equities research analysts forecast that Estee Lauder Companies, Inc. will post 4.16 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Thursday, November 30th will be given a dividend of $0.38 per share. This is a positive change from Estee Lauder Companies, Inc. (The)’s previous quarterly dividend of $0.34. This represents a $1.52 annualized dividend and a yield of 1.21%. The ex-dividend date is Wednesday, November 29th. Estee Lauder Companies, Inc. (The)’s dividend payout ratio is 36.76%.

In other news, Director Irvine O. Hockaday, Jr. sold 2,000 shares of the stock in a transaction dated Friday, August 25th. The shares were sold at an average price of $105.41, for a total value of $210,820.00. Following the transaction, the director now directly owns 26,240 shares of the company’s stock, valued at $2,765,958.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Tracey Thomas Travis sold 5,469 shares of the stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $122.00, for a total transaction of $667,218.00. Following the completion of the transaction, the chief financial officer now directly owns 37,083 shares in the company, valued at $4,524,126. The disclosure for this sale can be found here. Insiders sold 798,654 shares of company stock worth $88,467,343 over the last three months. Insiders own 16.24% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of the company. Lloyds Banking Group plc raised its position in shares of Estee Lauder Companies, Inc. (The) by 1.4% in the second quarter. Lloyds Banking Group plc now owns 1,887 shares of the company’s stock valued at $181,000 after purchasing an additional 26 shares during the period. Moors & Cabot Inc. raised its position in shares of Estee Lauder Companies, Inc. (The) by 1.1% in the second quarter. Moors & Cabot Inc. now owns 3,825 shares of the company’s stock valued at $365,000 after purchasing an additional 40 shares during the period. Glenview Trust Co raised its position in shares of Estee Lauder Companies, Inc. (The) by 1.5% in the second quarter. Glenview Trust Co now owns 2,744 shares of the company’s stock valued at $263,000 after purchasing an additional 41 shares during the period. Cadence Capital Management LLC raised its position in shares of Estee Lauder Companies, Inc. (The) by 0.7% in the second quarter. Cadence Capital Management LLC now owns 5,662 shares of the company’s stock valued at $543,000 after purchasing an additional 42 shares during the period. Finally, Williams Jones & Associates LLC raised its position in shares of Estee Lauder Companies, Inc. (The) by 0.7% in the second quarter. Williams Jones & Associates LLC now owns 6,865 shares of the company’s stock valued at $659,000 after purchasing an additional 45 shares during the period. 56.26% of the stock is currently owned by institutional investors.

Estee Lauder Companies, Inc. (The) 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.

Analyst Recommendations for Estee Lauder Companies, Inc. (The) (NYSE:EL)

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