The Estee Lauder Companies Inc. (NYSE:EL) Receives Consensus Recommendation of “Hold” from Analysts

Shares of The Estee Lauder Companies Inc. (NYSE:EL) have been assigned an average recommendation of “Hold” from the twenty-seven research firms that are covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating, ten have given a buy rating and three have given a strong buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $103.00.

Several brokerages have recently weighed in on EL. Royal Bank Of Canada raised their price target 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. Wells Fargo & Company raised their target price on shares of Estee Lauder Companies from $95.00 to $111.00 and gave the company an “equal weight” rating in a research report on Monday, January 5th. Citigroup boosted their price target on shares of Estee Lauder Companies from $110.00 to $120.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 14th. Weiss Ratings restated a “sell (d)” rating on shares of Estee Lauder Companies in a research note on Thursday, January 22nd. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on Estee Lauder Companies from $124.00 to $128.00 and gave the company a “buy” rating in a research report on Thursday, January 29th.

Insider Buying and Selling

In related news, VP Meridith Webster sold 5,430 shares of the firm’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $87.84, for a total value of $476,971.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Barry S. Sternlicht sold 3,972 shares of the company’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $91.83, for a total transaction of $364,748.76. Following the sale, the director directly owned 34,812 shares in the company, valued at $3,196,785.96. This trade represents a 10.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 13.05% of the company’s stock.

Hedge Funds Weigh In On Estee Lauder Companies

Institutional investors have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Estee Lauder Companies by 4.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,898 shares of the company’s stock worth $1,709,000 after acquiring an additional 1,177 shares during the last quarter. NewEdge Advisors LLC boosted its position in Estee Lauder Companies by 33.4% during the first quarter. NewEdge Advisors LLC now owns 6,992 shares of the company’s stock worth $462,000 after purchasing an additional 1,749 shares during the period. Empowered Funds LLC increased its holdings in shares of Estee Lauder Companies by 24.1% in the first quarter. Empowered Funds LLC now owns 4,619 shares of the company’s stock valued at $305,000 after purchasing an additional 898 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in shares of Estee Lauder Companies by 32.4% in the second quarter. Farther Finance Advisors LLC now owns 1,042 shares of the company’s stock valued at $84,000 after purchasing an additional 255 shares during the last quarter. Finally, Signaturefd LLC raised its position in shares of Estee Lauder Companies by 9.3% in the second quarter. Signaturefd LLC now owns 1,815 shares of the company’s stock valued at $147,000 after purchasing an additional 154 shares during the period. Institutional investors and hedge funds own 55.15% of the company’s stock.

Estee Lauder Companies Stock Performance

EL opened at $118.75 on Thursday. The company has a market capitalization of $42.79 billion, a price-to-earnings ratio of -46.03, a P/E/G ratio of 1.35 and a beta of 1.14. The business’s 50-day moving average price is $107.99 and its two-hundred day moving average price is $96.95. Estee Lauder Companies has a 1 year low of $48.37 and a 1 year high of $120.27. The company has a debt-to-equity ratio of 1.88, a current ratio of 1.32 and a quick ratio of 0.92.

About Estee Lauder Companies

Estée Lauder Companies Inc (NYSE: EL) is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.

The company’s portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.