Estee Lauder Companies (NYSE:EL) had its price objective raised by Wells Fargo & Co from $135.00 to $145.00 in a research note issued to investors on Thursday, January 4th. They currently have an outperform rating on the stock.

Other equities analysts have also recently issued reports about the stock. Oppenheimer reissued a buy rating and issued a $120.00 price objective (up from $110.00) on shares of Estee Lauder Companies in a research note on Wednesday, September 20th. Piper Jaffray Companies set a $135.00 price objective on shares of Estee Lauder Companies and gave the company a buy rating in a research note on Wednesday, November 1st. Royal Bank of Canada set a $115.00 price objective on shares of Estee Lauder Companies and gave the company a buy rating in a research note on Monday, October 23rd. Stifel Nicolaus upped their price target on shares of Estee Lauder Companies from $114.00 to $121.00 and gave the stock a buy rating in a research note on Thursday, October 19th. Finally, KeyCorp set a $115.00 price target on shares of Estee Lauder Companies and gave the stock a buy rating in a research note on Monday, October 16th. Seven equities research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus target price of $120.36.

Shares of Estee Lauder Companies (NYSE:EL) traded down $0.08 during trading on Thursday, hitting $136.52. 239,848 shares of the stock were exchanged, compared to its average volume of 1,381,423. The company has a quick ratio of 1.27, a current ratio of 1.75 and a debt-to-equity ratio of 0.71. The firm has a market cap of $50,709.78, a PE ratio of 35.77, a price-to-earnings-growth ratio of 2.61 and a beta of 0.71. Estee Lauder Companies has a fifty-two week low of $79.35 and a fifty-two week high of $138.20.

Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings data on Wednesday, November 1st. The company reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.24. The company had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.16 billion. Estee Lauder Companies had a net margin of 11.30% and a return on equity of 33.64%. Estee Lauder Companies’s revenue was up 14.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.85 EPS. equities analysts expect that Estee Lauder Companies will post 4.21 EPS for the current year.

In other Estee Lauder Companies news, EVP Alexandra C. Trower sold 25,446 shares of the company’s stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $120.39, for a total value of $3,063,443.94. Following the transaction, the executive vice president now directly owns 7,732 shares in the company, valued at approximately $930,855.48. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider 1992 Grat Remainder Trust Fbo sold 571,351 shares of the company’s stock in a transaction dated Wednesday, November 22nd. The shares were sold at an average price of $125.44, for a total transaction of $71,670,269.44. The disclosure for this sale can be found here. Insiders sold a total of 1,566,381 shares of company stock worth $195,955,337 over the last quarter. Insiders own 16.24% of the company’s stock.

Large investors have recently added to or reduced their stakes in the business. Acrospire Investment Management LLC lifted its holdings in Estee Lauder Companies by 2,291.7% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,148 shares of the company’s stock valued at $110,000 after purchasing an additional 1,100 shares in the last quarter. Parkside Financial Bank & Trust lifted its holdings in Estee Lauder Companies by 126.1% in the 3rd quarter. Parkside Financial Bank & Trust now owns 1,135 shares of the company’s stock valued at $123,000 after purchasing an additional 633 shares in the last quarter. Harvest Fund Management Co. Ltd purchased a new position in Estee Lauder Companies in the 4th quarter valued at about $126,000. Cerebellum GP LLC purchased a new position in Estee Lauder Companies in the 4th quarter valued at about $130,000. Finally, Winslow Evans & Crocker Inc. lifted its holdings in Estee Lauder Companies by 2,750.0% in the 4th quarter. Winslow Evans & Crocker Inc. now owns 1,140 shares of the company’s stock valued at $145,000 after purchasing an additional 1,100 shares in the last quarter. Institutional investors own 53.69% of the company’s stock.

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Estee Lauder Companies Company Profile

The Estee Lauder Companies Inc manufactures and markets skin care, makeup, fragrance and hair care products. The Company offers products, including skin care, makeup, fragrance, hair care and other. The Company operates in beauty products segment. The Company’s products are sold in over 150 countries and territories under brand names, including Estee Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, MAC, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frederic Malle, GLAMGLOW, By Kilian, BECCA and Too Faced.

Analyst Recommendations for Estee Lauder Companies (NYSE:EL)

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