Estee Lauder Companies (NYSE:EL) Upgraded to “Buy” at Wall Street Zen

Estee Lauder Companies (NYSE:EL) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Saturday.

Several other equities research analysts have also recently weighed in on the stock. Weiss Ratings reiterated a “sell (d)” rating on shares of Estee Lauder Companies in a research report on Wednesday, October 8th. Citigroup increased their price target on Estee Lauder Companies from $95.00 to $105.00 and gave the stock a “neutral” rating in a report on Friday, October 31st. Evercore ISI lifted their price objective on Estee Lauder Companies from $100.00 to $115.00 and gave the stock an “outperform” rating in a research report on Monday, September 15th. Royal Bank Of Canada increased their target price on shares of Estee Lauder Companies from $107.00 to $113.00 and gave the stock an “outperform” rating in a research note on Friday, October 31st. Finally, The Goldman Sachs Group upgraded shares of Estee Lauder Companies from a “neutral” rating to a “buy” rating and raised their price target for the stock from $76.00 to $115.00 in a report on Monday, October 13th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Estee Lauder Companies has a consensus rating of “Hold” and a consensus target price of $95.16.

Estee Lauder Companies Trading Down 0.0%

Shares of NYSE EL traded down $0.01 during trading on Friday, reaching $87.77. The company had a trading volume of 5,080,714 shares, compared to its average volume of 4,025,681. The stock has a market cap of $31.59 billion, a P/E ratio of -27.95, a PEG ratio of 1.77 and a beta of 1.19. The company’s fifty day moving average price is $91.64 and its 200-day moving average price is $82.42. The company has a quick ratio of 0.92, a current ratio of 1.30 and a debt-to-equity ratio of 1.89. Estee Lauder Companies has a 12 month low of $48.37 and a 12 month high of $104.53.

Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.17. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.The company had revenue of $3.48 billion for the quarter, compared to analyst estimates of $3.38 billion. During the same period in the previous year, the firm earned $0.14 earnings per share. The firm’s quarterly revenue was up 3.6% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, research analysts expect that Estee Lauder Companies will post 1.36 earnings per share for the current year.

Insider Transactions at Estee Lauder Companies

In related news, VP Lande Rashida La sold 6,417 shares of the company’s stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $91.88, for a total transaction of $589,593.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lynn Forester sold 3,702 shares of the stock in a transaction on Friday, August 29th. The shares were sold at an average price of $91.65, for a total value of $339,288.30. Following the completion of the sale, the director directly owned 15,479 shares of the company’s stock, valued at $1,418,650.35. The trade was a 19.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 13.05% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Estee Lauder Companies

Large investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its position in Estee Lauder Companies by 1.3% during the second quarter. Vanguard Group Inc. now owns 26,904,441 shares of the company’s stock valued at $2,173,879,000 after buying an additional 341,235 shares during the period. State Street Corp grew its position in shares of Estee Lauder Companies by 0.6% during the 2nd quarter. State Street Corp now owns 10,859,539 shares of the company’s stock valued at $877,451,000 after acquiring an additional 69,959 shares during the period. Independent Franchise Partners LLP increased its stake in shares of Estee Lauder Companies by 1.5% during the 1st quarter. Independent Franchise Partners LLP now owns 7,976,434 shares of the company’s stock worth $526,445,000 after purchasing an additional 118,276 shares during the last quarter. Invesco Ltd. raised its holdings in shares of Estee Lauder Companies by 13.7% in the 2nd quarter. Invesco Ltd. now owns 7,596,379 shares of the company’s stock worth $613,787,000 after purchasing an additional 914,594 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in Estee Lauder Companies by 46.4% in the third quarter. Bank of New York Mellon Corp now owns 6,112,501 shares of the company’s stock valued at $538,634,000 after purchasing an additional 1,937,107 shares during the last quarter. 55.15% of the stock is owned by hedge funds and other institutional investors.

Estee Lauder Companies Company Profile

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, and powders, as well as compacts, brushes, and other makeup tools.