Estee Lauder Companies, Inc. (The) (NYSE:EL)‘s stock had its “outperform” rating reaffirmed by research analysts at Sanford C. Bernstein in a research note issued on Tuesday. They presently have a $117.00 target price on the stock. Sanford C. Bernstein’s price objective would suggest a potential upside of 10.42% from the company’s previous close.

A number of other equities analysts also recently commented on EL. Stifel Nicolaus reduced their target price on shares of Estee Lauder Companies, Inc. (The) from $108.00 to $98.00 and set a “buy” rating for the company in a report on Tuesday, June 6th. Piper Jaffray Companies reiterated an “overweight” rating and issued a $112.00 target price (up from $95.00) on shares of Estee Lauder Companies, Inc. (The) in a report on Monday, August 21st. Argus upgraded shares of Estee Lauder Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $125.00 target price for the company in a report on Tuesday, August 22nd. Jefferies Group LLC reiterated a “buy” rating and issued a $110.00 target price on shares of Estee Lauder Companies, Inc. (The) in a report on Thursday, July 6th. Finally, Oppenheimer Holdings, Inc. reiterated an “outperform” rating and issued a $110.00 target price (up from $100.00) on shares of Estee Lauder Companies, Inc. (The) in a report on Thursday, August 10th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $108.15.

Estee Lauder Companies, Inc. (EL) traded down 0.24% during midday trading on Tuesday, reaching $105.37. 257,558 shares of the company’s stock traded hands. The stock has a market cap of $38.77 billion, a P/E ratio of 31.45 and a beta of 0.72. The company’s 50-day moving average price is $99.47 and its 200-day moving average price is $91.81. Estee Lauder Companies, Inc. has a 52-week low of $75.29 and a 52-week high of $107.91. Estee Lauder Companies, Inc. (The) also saw unusually large options trading activity on Monday. Stock traders acquired 15,421 call options on the company. This is an increase of 319% compared to the average daily volume of 3,678 call options.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last released its quarterly earnings data on Friday, August 18th. The company reported $0.51 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.08. Estee Lauder Companies, Inc. (The) had a net margin of 10.56% and a return on equity of 32.38%. The company had revenue of $2.89 billion during the quarter, compared to analyst estimates of $2.86 billion. During the same period in the prior year, the firm earned $0.43 earnings per share. The firm’s revenue for the quarter was up 9.4% compared to the same quarter last year. On average, equities analysts predict that Estee Lauder Companies, Inc. will post $3.97 EPS for the current fiscal year.

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In other Estee Lauder Companies, Inc. (The) news, Director Barry S. Sternlicht sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, August 21st. The stock was sold at an average price of $106.30, for a total value of $1,063,000.00. Following the sale, the director now owns 40,982 shares in the company, valued at approximately $4,356,386.60. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Rose Marie Bravo sold 9,312 shares of the company’s stock in a transaction that occurred on Thursday, June 8th. The stock was sold at an average price of $95.89, for a total value of $892,927.68. Following the completion of the sale, the director now owns 12,576 shares in the company, valued at approximately $1,205,912.64. The disclosure for this sale can be found here. In the last quarter, insiders sold 468,651 shares of company stock worth $48,959,130. 16.98% of the stock is owned by insiders.

A number of large investors have recently added to or reduced their stakes in EL. American Beacon Advisors Inc. bought a new stake in Estee Lauder Companies, Inc. (The) during the first quarter valued at approximately $100,000. Bronfman E.L. Rothschild L.P. raised its stake in Estee Lauder Companies, Inc. (The) by 36.3% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 1,298 shares of the company’s stock valued at $110,000 after buying an additional 346 shares in the last quarter. Israel Discount Bank of New York bought a new stake in Estee Lauder Companies, Inc. (The) during the first quarter valued at approximately $110,000. Acrospire Investment Management LLC raised its stake in Estee Lauder Companies, Inc. (The) by 2,291.7% in the second quarter. Acrospire Investment Management LLC now owns 1,148 shares of the company’s stock valued at $110,000 after buying an additional 1,100 shares in the last quarter. Finally, First Interstate Bank bought a new stake in Estee Lauder Companies, Inc. (The) during the first quarter valued at approximately $114,000. Institutional investors and hedge funds own 54.62% of the company’s stock.

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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