Estee Lauder Companies (NYSE:EL) Price Target Raised to $125.00 at Evercore ISI

Estee Lauder Companies (NYSE:ELGet Free Report) had its target price increased by equities researchers at Evercore ISI from $115.00 to $125.00 in a report released on Tuesday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Evercore ISI’s price target indicates a potential upside of 20.72% from the company’s current price.

EL has been the topic of a number of other research reports. The Goldman Sachs Group raised shares of Estee Lauder Companies from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $76.00 to $115.00 in a research report on Monday, October 13th. JPMorgan Chase & Co. increased their price objective on Estee Lauder Companies from $114.00 to $116.00 and gave the company an “overweight” rating in a report on Friday, October 31st. Wells Fargo & Company boosted their price target on Estee Lauder Companies from $90.00 to $95.00 and gave the stock an “equal weight” rating in a research note on Friday, October 31st. Citigroup lifted their target price on shares of Estee Lauder Companies from $95.00 to $105.00 and gave the stock a “neutral” rating in a research note on Friday, October 31st. Finally, Wall Street Zen lowered shares of Estee Lauder Companies from a “buy” rating to a “hold” rating in a research note on Saturday, November 22nd. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $94.90.

Check Out Our Latest Research Report on Estee Lauder Companies

Estee Lauder Companies Price Performance

NYSE EL opened at $103.54 on Tuesday. The company has a market cap of $37.31 billion, a PE ratio of -40.04, a P/E/G ratio of 1.33 and a beta of 1.18. The firm’s 50 day moving average price is $95.57 and its 200-day moving average price is $88.82. The company has a debt-to-equity ratio of 1.88, a quick ratio of 0.92 and a current ratio of 1.32. Estee Lauder Companies has a 52-week low of $48.37 and a 52-week high of $109.62.

Estee Lauder Companies (NYSE:ELGet Free Report) last posted its earnings results on Thursday, October 30th. The company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.17. The company had revenue of $3.48 billion during the quarter, compared to analyst estimates of $3.38 billion. Estee Lauder Companies had a positive return on equity of 14.92% and a negative net margin of 6.44%.Estee Lauder Companies’s revenue was up 3.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.14 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. Sell-side analysts forecast that Estee Lauder Companies will post 1.36 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Barry S. Sternlicht sold 3,972 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $91.83, for a total transaction of $364,748.76. Following the sale, the director owned 34,812 shares of the company’s stock, valued at $3,196,785.96. This trade represents a 10.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Meridith Webster sold 5,430 shares of the business’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $87.84, for a total transaction of $476,971.20. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 13.05% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Estee Lauder Companies during the 2nd quarter worth about $189,663,000. Victory Capital Management Inc. boosted its position in Estee Lauder Companies by 3,181.4% during the third quarter. Victory Capital Management Inc. now owns 2,312,535 shares of the company’s stock worth $203,781,000 after purchasing an additional 2,242,062 shares in the last quarter. Wellington Management Group LLP grew its holdings in Estee Lauder Companies by 3,986.4% in the third quarter. Wellington Management Group LLP now owns 2,082,217 shares of the company’s stock valued at $183,485,000 after purchasing an additional 2,031,262 shares during the period. Bank of New York Mellon Corp increased its position in shares of 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 buying an additional 1,937,107 shares in the last quarter. Finally, Schroder Investment Management Group raised its stake in shares of Estee Lauder Companies by 593.3% during the 2nd quarter. Schroder Investment Management Group now owns 2,211,624 shares of the company’s stock worth $178,699,000 after buying an additional 1,892,629 shares during the period. Hedge funds and other institutional investors own 55.15% of the company’s stock.

About Estee Lauder Companies

(Get Free Report)

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.

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Analyst Recommendations for Estee Lauder Companies (NYSE:EL)

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