Estee Lauder Companies, Inc. (The) (EL) Receiving Somewhat Favorable News Coverage, Accern Reports
News stories about Estee Lauder Companies, Inc. (The) (NYSE:EL) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Estee Lauder Companies, Inc. (The) earned a daily sentiment score of 0.20 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.0127160783483 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the media stories that may have effected Accern’s scoring:
- Zacks: Brokerages Anticipate Estee Lauder Companies, Inc. (The) (EL) Will Announce Quarterly Sales of $3.67 Billion (americanbankingnews.com)
- It Seems That ‘Nobody Doesn’t Like Estee Lauder’, Perhaps It’s Time To Be Concerned (seekingalpha.com)
- ESTEE LAUDER : Costs Associated with Exit or Disposal Activities (form 8-K/A) (4-traders.com)
- Insider Selling: Estee Lauder Companies, Inc. (The) (EL) Insider Sells 125,000 Shares of Stock (americanbankingnews.com)
- Insider Selling: Estee Lauder Companies, Inc. (The) (EL) Insider Sells 570,000 Shares of Stock (americanbankingnews.com)
Shares of Estee Lauder Companies, Inc. (NYSE EL) traded up $0.32 on Wednesday, hitting $125.50. 1,889,400 shares of the stock traded hands, compared to its average volume of 1,928,109. The firm has a market capitalization of $46,340.00, a PE ratio of 32.51, a PEG ratio of 2.42 and a beta of 0.68. Estee Lauder Companies, Inc. has a 1-year low of $75.30 and a 1-year 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 issued its quarterly earnings results on Wednesday, November 1st. The company reported $1.21 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.97 by $0.24. The business had revenue of $3.27 billion for 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% on a year-over-year basis. 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 year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Thursday, November 30th will be given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 1.21%. The ex-dividend date is Wednesday, November 29th. This is a boost from Estee Lauder Companies, Inc. (The)’s previous quarterly dividend of $0.34. Estee Lauder Companies, Inc. (The)’s dividend payout ratio is currently 36.76%.
A number of equities research analysts have recently commented on the stock. 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 research report on Thursday, August 10th. 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 research report on Monday, August 21st. DA Davidson assumed coverage on shares of Estee Lauder Companies, Inc. (The) in a research report on Wednesday, September 27th. They issued a “neutral” rating and a $115.00 target price for the company. Wells Fargo & Company reiterated a “buy” rating and issued a $112.00 target price on shares of Estee Lauder Companies, Inc. (The) in a research report on Friday, August 11th. Finally, Royal Bank Of Canada set a $100.00 target price on shares of Estee Lauder Companies, Inc. (The) and gave the company a “buy” rating in a research report on Wednesday, August 9th. Seven research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Estee Lauder Companies, Inc. (The) presently has an average rating of “Buy” and an average price target of $117.42.
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In related news, EVP Alexandra C. Trower sold 25,446 shares of the firm’s stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $120.39, for a total value of $3,063,443.94. Following the sale, the executive vice president now owns 7,732 shares of the company’s stock, valued at $930,855.48. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider 1992 Grat Remainder Trust Fbo sold 570,000 shares of the firm’s stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $125.53, for a total transaction of $71,552,100.00. The disclosure for this sale can be found here. Insiders have sold 1,141,622 shares of company stock worth $138,528,600 in the last three months. Corporate insiders own 16.24% 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.
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