Estee Lauder Companies Inc. (NYSE:EL) – Stock analysts at Credit Agricole SA dropped their FY2017 earnings per share estimates for shares of Estee Lauder Companies in a research report issued on Tuesday. Credit Agricole SA analyst C. Levy now forecasts that the brokerage will post earnings per share of $3.33 for the year, down from their prior forecast of $3.38. Credit Agricole SA currently has a “Underperform” rating on the stock. Credit Agricole SA also issued estimates for Estee Lauder Companies’ FY2019 earnings at $4.05 EPS.

Estee Lauder Companies (NYSE:EL) last announced its earnings results on Wednesday, November 2nd. The company reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.04. The company earned $2.87 billion during the quarter, compared to analysts’ expectations of $2.90 billion. Estee Lauder Companies had a return on equity of 32.90% and a net margin of 9.73%. Estee Lauder Companies’s revenue for the quarter was up 1.1% on a year-over-year basis. During the same period last year, the business posted $0.82 EPS.

Earnings History and Estimates for Estee Lauder Companies (NYSE:EL)

A number of other research firms have also issued reports on EL. Vetr upgraded Estee Lauder Companies from a “hold” rating to a “buy” rating and set a $94.06 target price for the company in a research note on Tuesday, August 30th. B. Riley reissued a “neutral” rating and issued a $92.00 price target on shares of Estee Lauder Companies in a report on Monday, November 7th. Zacks Investment Research raised Estee Lauder Companies from a “sell” rating to a “hold” rating in a report on Thursday, September 1st. Argus downgraded Estee Lauder Companies from a “buy” rating to a “hold” rating in a report on Friday, September 9th. Finally, Citigroup Inc. reduced their price target on Estee Lauder Companies from $101.00 to $99.00 and set a “neutral” rating for the company in a report on Monday, August 22nd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. Estee Lauder Companies has a consensus rating of “Buy” and an average target price of C$100.78.

Estee Lauder Companies (NYSE:EL) traded up 1.55% during midday trading on Thursday, reaching $78.20. The company had a trading volume of 1,567,143 shares. The firm has a market capitalization of $28.66 billion, a PE ratio of 26.70 and a beta of 0.87. Estee Lauder Companies has a 12 month low of $76.65 and a 12 month high of $97.48. The firm’s 50-day moving average price is $84.79 and its 200 day moving average price is $89.95.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 15th. Investors of record on Wednesday, November 30th will be given a dividend of $0.34 per share. This is a boost from Estee Lauder Companies’s previous quarterly dividend of $0.30. The ex-dividend date is Monday, November 28th. This represents a $1.36 dividend on an annualized basis and a yield of 1.77%. Estee Lauder Companies’s dividend payout ratio (DPR) is presently 40.82%.

In other Estee Lauder Companies news, EVP Gregory Polcer sold 3,533 shares of the firm’s stock in a transaction dated Wednesday, November 2nd. The stock was sold at an average price of C$82.34, for a total transaction of C$290,907.22. Following the transaction, the executive vice president now directly owns 71,309 shares in the company, valued at C$5,871,583.06. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Chairman Ronald S. Lauder sold 500,000 shares of the firm’s stock in a transaction dated Thursday, September 1st. The shares were sold at an average price of C$88.91, for a total value of C$44,455,000.00. Following the transaction, the chairman now owns 608,500 shares in the company, valued at C$54,101,735. The disclosure for this sale can be found here. Corporate insiders own 16.98% of the company’s stock.

A number of institutional investors have recently bought and sold shares of EL. Credit Suisse AG raised its position in Estee Lauder Companies by 30.0% in the third quarter. Credit Suisse AG now owns 583,908 shares of the company’s stock valued at $51,712,000 after buying an additional 134,736 shares during the period. Ameritas Investment Partners Inc. raised its position in Estee Lauder Companies by 20.0% in the third quarter. Ameritas Investment Partners Inc. now owns 5,282 shares of the company’s stock valued at $468,000 after buying an additional 882 shares during the period. Robecosam AG raised its position in Estee Lauder Companies by 186.5% in the third quarter. Robecosam AG now owns 45,842 shares of the company’s stock valued at $3,982,000 after buying an additional 29,844 shares during the period. Caisse DE Depot ET Placement DU Quebec raised its position in Estee Lauder Companies by 16.3% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 4,279 shares of the company’s stock valued at $379,000 after buying an additional 600 shares during the period. Finally, Lombard Odier Asset Management Europe Ltd bought a new position in Estee Lauder Companies during the third quarter valued at $269,000. Institutional investors own 54.84% of the company’s stock.

Estee Lauder Companies Company Profile

The Estee Lauder Companies Inc, is a manufacturer and marketer of skin care, makeup, fragrance and hair care products. The Company’s products are sold in over 150 countries and territories under a number of brand names, including Estee Lauder, Aramis, Clinique, Origins, Le Labo, M.A.C, Bobbi Brown, La Mer and Aveda.

5 Day Chart for NYSE:EL

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