Estee Lauder Companies (NYSE:EL) had its price objective raised by Citigroup from $197.00 to $231.00 in a research note issued to investors on Tuesday morning, BenzingaRatingsTable reports. They currently have a buy rating on the stock.

EL has been the topic of several other research reports. Evercore ISI set a $190.00 price target on shares of Estee Lauder Companies and gave the stock a buy rating in a report on Monday, August 12th. Wells Fargo & Co upped their price target on shares of Estee Lauder Companies from $175.00 to $190.00 and gave the stock a market perform rating in a report on Monday. Piper Jaffray Companies upped their price target on shares of Estee Lauder Companies from $178.00 to $187.00 and gave the stock an overweight rating in a report on Monday, August 12th. Deutsche Bank reaffirmed a buy rating and issued a $221.00 price target (up previously from $202.00) on shares of Estee Lauder Companies in a report on Tuesday. Finally, Telsey Advisory Group reaffirmed an outperform rating and issued a $195.00 price target (up previously from $190.00) on shares of Estee Lauder Companies in a report on Thursday, May 2nd. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and seventeen have assigned a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus target price of $188.88.

Shares of EL stock opened at $202.56 on Tuesday. The company’s fifty day simple moving average is $186.56 and its two-hundred day simple moving average is $171.05. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.57 and a quick ratio of 1.26. Estee Lauder Companies has a 1 year low of $121.47 and a 1 year high of $206.00. The stock has a market capitalization of $73.17 billion, a price-to-earnings ratio of 37.93, a PEG ratio of 2.61 and a beta of 0.81.

Estee Lauder Companies (NYSE:EL) last issued its earnings results on Monday, August 19th. The company reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.11. The business had revenue of $3.59 billion for the quarter, compared to analysts’ expectations of $3.53 billion. Estee Lauder Companies had a net margin of 12.01% and a return on equity of 44.43%. The business’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.61 EPS. Equities research analysts anticipate that Estee Lauder Companies will post 5.99 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, September 16th. Investors of record on Friday, August 30th will be paid a $0.43 dividend. The ex-dividend date of this dividend is Thursday, August 29th. This represents a $1.72 dividend on an annualized basis and a yield of 0.85%. Estee Lauder Companies’s dividend payout ratio is presently 32.21%.

In other Estee Lauder Companies news, EVP Alexandra C. Trower sold 6,608 shares of the company’s stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $203.78, for a total transaction of $1,346,578.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Hudis Jane Hertzmark sold 17,842 shares of the company’s stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $202.64, for a total transaction of $3,615,502.88. Following the sale, the insider now owns 219,807 shares of the company’s stock, valued at $44,541,690.48. The disclosure for this sale can be found here. 16.13% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Rehmann Capital Advisory Group boosted its position in Estee Lauder Companies by 22.9% during the first quarter. Rehmann Capital Advisory Group now owns 456 shares of the company’s stock valued at $76,000 after buying an additional 85 shares during the period. Haverford Trust Co. boosted its position in Estee Lauder Companies by 19.7% during the first quarter. Haverford Trust Co. now owns 3,192 shares of the company’s stock valued at $528,000 after buying an additional 526 shares during the period. Zions Bancorporation N.A. purchased a new stake in shares of Estee Lauder Companies during the first quarter worth about $255,000. Intrust Bank NA boosted its holdings in shares of Estee Lauder Companies by 1.6% during the first quarter. Intrust Bank NA now owns 4,621 shares of the company’s stock worth $765,000 after purchasing an additional 74 shares during the period. Finally, Bristlecone Advisors LLC purchased a new stake in shares of Estee Lauder Companies during the second quarter worth about $283,000. Institutional investors and hedge funds own 54.82% of the company’s stock.

About Estee Lauder Companies

The Estée Lauder Companies Inc manufactures and markets skin care, makeup, fragrance, and hair care products. The company offers a range of skin care products, such as moisturizers, serums, cleansers, toners, body care products, exfoliators, acne care products, facial masks, cleansing devices, and sun care products; and makeup products, including lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as related items, including compacts, brushes, and other makeup tools.

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Analyst Recommendations for Estee Lauder Companies (NYSE:EL)

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