Estee Lauder Companies Inc (NYSE:EL) – Analysts at Jefferies Group raised their Q4 2018 earnings estimates for Estee Lauder Companies in a research report issued to clients and investors on Wednesday. Jefferies Group analyst S. Wissink now expects that the company will post earnings per share of $0.57 for the quarter, up from their prior forecast of $0.54. Jefferies Group has a “Buy” rating and a $148.00 price target on the stock. Jefferies Group also issued estimates for Estee Lauder Companies’ Q1 2019 earnings at $1.32 EPS, Q2 2019 earnings at $1.66 EPS, Q4 2019 earnings at $0.67 EPS, FY2019 earnings at $4.85 EPS, Q1 2020 earnings at $1.53 EPS, Q2 2020 earnings at $1.90 EPS and FY2020 earnings at $5.61 EPS.

Estee Lauder Companies (NYSE:EL) last posted its earnings results on Wednesday, November 1st. The company reported $1.21 EPS for the quarter, topping the consensus estimate of $0.97 by $0.24. The company had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.16 billion. Estee Lauder Companies had a net margin of 11.30% and a return on equity of 33.64%. The firm’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.85 earnings per share.

Other equities research analysts also recently issued reports about the stock. Argus boosted their target price on shares of Estee Lauder Companies from $125.00 to $142.00 and gave the stock a “buy” rating in a research report on Thursday, November 2nd. Royal Bank of Canada set a $115.00 target price on shares of Estee Lauder Companies and gave the stock a “buy” rating in a research report on Monday, October 23rd. Stifel Nicolaus boosted their target price on shares of Estee Lauder Companies from $114.00 to $121.00 and gave the stock a “buy” rating in a research report on Thursday, October 19th. KeyCorp set a $115.00 target price on shares of Estee Lauder Companies and gave the stock a “buy” rating in a research report on Monday, October 16th. Finally, Bank of America boosted their target price on shares of Estee Lauder Companies from $115.00 to $122.00 and gave the stock a “buy” rating in a research report on Friday, October 13th. Seven analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $117.67.

Estee Lauder Companies (EL) traded up $3.47 during trading hours on Thursday, hitting $134.45. 1,374,976 shares of the stock traded hands, compared to its average volume of 1,475,231. The company has a current ratio of 1.75, a quick ratio of 1.27 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $49,510.00, a P/E ratio of 36.34, a PEG ratio of 2.54 and a beta of 0.71. Estee Lauder Companies has a one year low of $78.71 and a one year high of $134.46.

In other Estee Lauder Companies news, insider John Demsey sold 77,608 shares of the company’s stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $127.52, for a total value of $9,896,572.16. Following the completion of the sale, the insider now directly owns 23,305 shares of the company’s stock, valued at approximately $2,971,853.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Sara E. Moss sold 4,236 shares of the company’s stock in a transaction dated Friday, November 3rd. The stock was sold at an average price of $121.62, for a total transaction of $515,182.32. The disclosure for this sale can be found here. Insiders sold a total of 1,566,381 shares of company stock valued at $195,955,337 over the last ninety days. 16.24% of the stock is currently owned by insiders.

Several institutional investors have recently added to or reduced their stakes in the company. Moors & Cabot Inc. grew its position in shares of Estee Lauder Companies by 1.1% during the 2nd quarter. Moors & Cabot Inc. now owns 3,825 shares of the company’s stock valued at $365,000 after acquiring an additional 40 shares during the period. Glenview Trust Co grew its position in shares of Estee Lauder Companies by 1.5% during the 2nd quarter. Glenview Trust Co now owns 2,744 shares of the company’s stock valued at $263,000 after acquiring an additional 41 shares during the period. Williams Jones & Associates LLC grew its position in shares of Estee Lauder Companies by 0.7% during the 2nd quarter. Williams Jones & Associates LLC now owns 6,865 shares of the company’s stock valued at $659,000 after acquiring an additional 45 shares during the period. Wealthsource Partners LLC grew its position in shares of Estee Lauder Companies by 3.6% during the 2nd quarter. Wealthsource Partners LLC now owns 3,092 shares of the company’s stock valued at $297,000 after acquiring an additional 108 shares during the period. Finally, ProShare Advisors LLC grew its position in shares of Estee Lauder Companies by 0.6% during the 2nd quarter. ProShare Advisors LLC now owns 35,864 shares of the company’s stock valued at $3,442,000 after acquiring an additional 211 shares during the period. 53.65% of the stock is owned by hedge funds and other institutional investors.

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Estee Lauder Companies 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.

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

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