Analysts Set The Estée Lauder Companies Inc. (NYSE:EL) Target Price at $93.55

Shares of The Estée Lauder Companies Inc. (NYSE:EL) have been given an average rating of “Hold” by the twenty-three ratings firms that are covering the firm, MarketBeat.com reports. Nineteen investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $93.68.

EL has been the subject of a number of research analyst reports. DA Davidson restated a “buy” rating and issued a $81.00 price target on shares of Estée Lauder Companies in a research note on Wednesday. Bank of America cut their target price on shares of Estée Lauder Companies from $100.00 to $75.00 and set a “neutral” rating on the stock in a research note on Friday, November 1st. Piper Sandler lifted their price target on Estée Lauder Companies from $89.00 to $91.00 and gave the stock an “overweight” rating in a research note on Monday, January 6th. StockNews.com cut Estée Lauder Companies from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Finally, Stifel Nicolaus lowered Estée Lauder Companies from a “buy” rating to a “hold” rating and set a $125.00 target price for the company. in a research report on Thursday, October 31st.

Estée Lauder Companies Stock Performance

Shares of EL stock opened at $82.58 on Friday. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.32 and a quick ratio of 0.90. The company’s fifty day moving average price is $75.37 and its two-hundred day moving average price is $84.72. The firm has a market capitalization of $29.64 billion, a P/E ratio of 147.46, a P/E/G ratio of 5.60 and a beta of 1.02. Estée Lauder Companies has a 12 month low of $62.29 and a 12 month high of $159.75.

Estée Lauder Companies (NYSE:EL) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.09 by $0.05. Estée Lauder Companies had a return on equity of 17.31% and a net margin of 1.31%. The business had revenue of $3.36 billion for the quarter, compared to analysts’ expectations of $3.37 billion. During the same quarter in the previous year, the firm posted $0.11 earnings per share. The company’s revenue was down 4.5% compared to the same quarter last year. On average, research analysts anticipate that Estée Lauder Companies will post 1.51 earnings per share for the current fiscal year.

Estée Lauder Companies Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Friday, November 29th were given a dividend of $0.35 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $1.40 dividend on an annualized basis and a yield of 1.70%. Estée Lauder Companies’s dividend payout ratio (DPR) is presently 250.00%.

Insider Activity

In other news, CEO Fabrizio Freda sold 10,969 shares of the stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $67.76, for a total value of $743,259.44. Following the completion of the transaction, the chief executive officer now directly owns 295,838 shares in the company, valued at $20,045,982.88. This trade represents a 3.58 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Paul J. Fribourg bought 75,500 shares of the company’s stock in a transaction that occurred on Monday, November 18th. The shares were purchased at an average cost of $64.93 per share, for a total transaction of $4,902,215.00. Following the acquisition, the director now owns 310,000 shares of the company’s stock, valued at $20,128,300. This represents a 32.20 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 12.78% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Federated Hermes Inc. grew its stake in shares of Estée Lauder Companies by 1,324.7% in the 2nd quarter. Federated Hermes Inc. now owns 17,738 shares of the company’s stock worth $1,887,000 after purchasing an additional 16,493 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Estée Lauder Companies by 7.7% in the second quarter. Dimensional Fund Advisors LP now owns 584,436 shares of the company’s stock worth $62,202,000 after buying an additional 41,776 shares during the last quarter. Hsbc Holdings PLC increased its holdings in shares of Estée Lauder Companies by 6.9% in the second quarter. Hsbc Holdings PLC now owns 489,626 shares of the company’s stock valued at $52,003,000 after buying an additional 31,617 shares in the last quarter. Canada Pension Plan Investment Board lifted its position in shares of Estée Lauder Companies by 46.7% during the 2nd quarter. Canada Pension Plan Investment Board now owns 772,027 shares of the company’s stock valued at $82,144,000 after acquiring an additional 245,600 shares during the last quarter. Finally, Pacer Advisors Inc. boosted its stake in shares of Estée Lauder Companies by 30.9% during the 2nd quarter. Pacer Advisors Inc. now owns 20,615 shares of the company’s stock worth $2,193,000 after acquiring an additional 4,872 shares in the last quarter. Institutional investors own 55.15% of the company’s stock.

Estée Lauder Companies Company Profile

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, and powders, as well as compacts, brushes, and other makeup tools.