Equities analysts expect Estee Lauder Companies Inc (NYSE:EL) to report earnings per share of $1.89 for the current quarter, Zacks reports. Seven analysts have provided estimates for Estee Lauder Companies’ earnings, with the highest EPS estimate coming in at $1.98 and the lowest estimate coming in at $1.84. Estee Lauder Companies posted earnings per share of $1.74 during the same quarter last year, which would suggest a positive year over year growth rate of 8.6%. The company is scheduled to issue its next quarterly earnings report on Tuesday, February 4th.

On average, analysts expect that Estee Lauder Companies will report full-year earnings of $5.96 per share for the current financial year, with EPS estimates ranging from $5.89 to $6.10. For the next year, analysts forecast that the firm will post earnings of $6.64 per share, with EPS estimates ranging from $6.50 to $6.92. Zacks Investment Research’s EPS calculations are an average based on a survey of analysts that that provide coverage for Estee Lauder Companies.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings results on Thursday, October 31st. The company reported $1.67 earnings per share for the quarter, topping the consensus estimate of $1.60 by $0.07. Estee Lauder Companies had a net margin of 12.34% and a return on equity of 46.14%. The business had revenue of $3.90 billion for the quarter, compared to analysts’ expectations of $3.85 billion. During the same period in the previous year, the company earned $1.41 earnings per share. The firm’s revenue for the quarter was up 10.5% compared to the same quarter last year.

Several equities analysts have recently issued reports on the company. Piper Jaffray Companies lowered Estee Lauder Companies from an “overweight” rating to a “neutral” rating and reduced their target price for the company from $210.00 to $204.00 in a report on Monday, October 28th. Deutsche Bank reiterated a “buy” rating and set a $221.00 price target (up from $202.00) on shares of Estee Lauder Companies in a report on Tuesday, August 20th. Citigroup boosted their price objective on Estee Lauder Companies from $197.00 to $231.00 and gave the stock a “buy” rating in a research report on Tuesday, August 20th. Wells Fargo & Co upped their price objective on Estee Lauder Companies from $175.00 to $190.00 and gave the company a “market perform” rating in a research note on Monday, August 19th. Finally, Zacks Investment Research raised Estee Lauder Companies from a “hold” rating to a “buy” rating and set a $212.00 target price for the company in a research report on Tuesday, August 20th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and fifteen have issued a buy rating to the stock. Estee Lauder Companies currently has a consensus rating of “Buy” and a consensus target price of $196.22.

In other news, Vice Chairman Sara E. Moss sold 3,644 shares of the business’s stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $192.74, for a total value of $702,344.56. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Gregory Polcer sold 2,997 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $185.43, for a total transaction of $555,733.71. Following the sale, the executive vice president now owns 85,723 shares in the company, valued at $15,895,615.89. The disclosure for this sale can be found here. Insiders have sold a total of 2,154,709 shares of company stock valued at $422,592,041 in the last quarter. 14.68% of the stock is owned by corporate insiders.

Institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in shares of Estee Lauder Companies by 2.0% in the second quarter. Vanguard Group Inc. now owns 17,300,612 shares of the company’s stock worth $3,167,915,000 after purchasing an additional 334,467 shares during the period. State Street Corp grew its position in Estee Lauder Companies by 0.6% during the third quarter. State Street Corp now owns 10,062,243 shares of the company’s stock worth $2,001,883,000 after buying an additional 61,542 shares in the last quarter. Edgewood Management LLC grew its position in Estee Lauder Companies by 1.1% during the second quarter. Edgewood Management LLC now owns 6,896,949 shares of the company’s stock worth $1,262,900,000 after buying an additional 71,860 shares in the last quarter. Morgan Stanley increased its stake in Estee Lauder Companies by 104.8% in the 2nd quarter. Morgan Stanley now owns 3,750,994 shares of the company’s stock worth $686,843,000 after acquiring an additional 1,919,751 shares during the last quarter. Finally, Northern Trust Corp increased its stake in Estee Lauder Companies by 0.6% in the 2nd quarter. Northern Trust Corp now owns 3,700,121 shares of the company’s stock worth $677,530,000 after acquiring an additional 23,366 shares during the last quarter. Institutional investors and hedge funds own 55.31% of the company’s stock.

Estee Lauder Companies stock opened at $195.59 on Friday. Estee Lauder Companies has a 52 week low of $121.47 and a 52 week high of $207.50. The company’s 50 day moving average price is $189.96 and its two-hundred day moving average price is $186.88. The company has a quick ratio of 1.08, a current ratio of 1.53 and a debt-to-equity ratio of 1.15. The stock has a market cap of $70.33 billion, a P/E ratio of 36.63, a P/E/G ratio of 2.59 and a beta of 0.77.

The company also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date is Wednesday, November 27th. This is a boost from Estee Lauder Companies’s previous quarterly dividend of $0.43. Estee Lauder Companies’s dividend payout ratio is currently 35.96%.

Estee Lauder Companies Company Profile

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

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