Estee Lauder Companies, Inc. (The) (NYSE:EL)‘s stock had its “buy” rating reaffirmed by investment analysts at Jefferies Group LLC in a research note issued to investors on Monday. They currently have a $112.00 price objective on the stock, up from their previous price objective of $110.00. Jefferies Group LLC’s price objective would indicate a potential upside of 5.74% from the company’s current price.

Other equities research analysts also recently issued research reports about the company. Deutsche Bank AG dropped their price objective on Estee Lauder Companies, Inc. (The) from $102.00 to $96.00 and set a “buy” rating for the company in a report on Thursday, May 4th. Vetr downgraded Estee Lauder Companies, Inc. (The) from a “strong-buy” rating to a “buy” rating and set a $101.50 price objective for the company. in a report on Wednesday, May 3rd. Bank of America Corporation upped their price objective on Estee Lauder Companies, Inc. (The) from $100.00 to $105.00 and gave the company a “buy” rating in a report on Monday, July 10th. Stifel Nicolaus set a $108.00 price objective on Estee Lauder Companies, Inc. (The) and gave the company a “buy” rating in a report on Thursday, July 6th. Finally, Zacks Investment Research upgraded Estee Lauder Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $107.00 price objective for the company in a report on Tuesday, July 4th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and sixteen have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $105.12.

Shares of Estee Lauder Companies, Inc. (EL) traded down 0.15% on Monday, hitting $105.76. The stock had a trading volume of 951,425 shares. The company has a market cap of $38.93 billion, a price-to-earnings ratio of 31.57 and a beta of 0.72. Estee Lauder Companies, Inc. has a 52 week low of $75.29 and a 52 week high of $106.45. The firm has a 50 day moving average price of $98.14 and a 200-day moving average price of $90.95.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last released its quarterly earnings data on Friday, August 18th. The company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.08. The business had revenue of $2.89 billion during the quarter, compared to the consensus estimate of $2.86 billion. Estee Lauder Companies, Inc. (The) had a return on equity of 32.38% and a net margin of 10.56%. The firm’s revenue was up 9.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.43 earnings per share. Analysts anticipate that Estee Lauder Companies, Inc. will post $3.40 EPS for the current year.

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In other news, Director Rose Marie Bravo sold 9,312 shares of the company’s stock in a transaction dated Thursday, June 8th. The stock was sold at an average price of $95.89, for a total transaction of $892,927.68. Following the completion of the transaction, the director now directly owns 12,576 shares of the company’s stock, valued at $1,205,912.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Sara E. Moss sold 14,552 shares of the company’s stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $100.22, for a total value of $1,458,401.44. The disclosure for this sale can be found here. Insiders have sold 67,268 shares of company stock valued at $6,531,028 over the last ninety days. 16.98% of the stock is owned by insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Everett Harris & Co. CA bought a new position in shares of Estee Lauder Companies, Inc. (The) during the first quarter valued at approximately $360,000. Janney Montgomery Scott LLC boosted its position in shares of Estee Lauder Companies, Inc. (The) by 3.9% in the first quarter. Janney Montgomery Scott LLC now owns 21,980 shares of the company’s stock valued at $1,864,000 after buying an additional 822 shares during the period. Glen Harbor Capital Management LLC boosted its position in shares of Estee Lauder Companies, Inc. (The) by 20.6% in the first quarter. Glen Harbor Capital Management LLC now owns 4,208 shares of the company’s stock valued at $357,000 after buying an additional 720 shares during the period. First Citizens Bank & Trust Co. bought a new position in shares of Estee Lauder Companies, Inc. (The) during the first quarter valued at approximately $1,631,000. Finally, Korea Investment CORP boosted its position in shares of Estee Lauder Companies, Inc. (The) by 105.4% in the first quarter. Korea Investment CORP now owns 204,738 shares of the company’s stock valued at $17,360,000 after buying an additional 105,077 shares during the period. 55.38% of the stock is 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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