Brokerages expect that Estee Lauder Companies Inc (NYSE:EL) will post earnings per share of $0.50 for the current quarter, according to Zacks. Nine analysts have made estimates for Estee Lauder Companies’ earnings, with estimates ranging from $0.32 to $0.57. Estee Lauder Companies posted earnings of $0.61 per share during the same quarter last year, which suggests a negative year-over-year growth rate of 18%. The firm is scheduled to announce its next earnings results on Monday, August 19th.

On average, analysts expect that Estee Lauder Companies will report full year earnings of $5.21 per share for the current year, with EPS estimates ranging from $5.18 to $5.27. For the next fiscal year, analysts expect that the company will post earnings of $5.77 per share, with EPS estimates ranging from $5.58 to $5.90. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that follow Estee Lauder Companies.

Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings results on Wednesday, May 1st. The company reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.25. The company had revenue of $3.74 billion for the quarter, compared to the consensus estimate of $3.56 billion. Estee Lauder Companies had a return on equity of 43.52% and a net margin of 12.45%. The firm’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.17 EPS.

EL has been the topic of several recent analyst reports. ValuEngine upgraded Estee Lauder Companies from a “hold” rating to a “buy” rating in a research note on Wednesday, January 30th. Wells Fargo & Co reiterated a “hold” rating and set a $142.00 target price (up from $135.00) on shares of Estee Lauder Companies in a research note on Tuesday, February 5th. Royal Bank of Canada increased their target price on Estee Lauder Companies to $173.00 and gave the company a “positive” rating in a research note on Thursday, March 7th. Berenberg Bank downgraded Estee Lauder Companies from a “buy” rating to a “hold” rating and set a $150.00 target price on the stock. in a research note on Wednesday, February 6th. Finally, Oppenheimer increased their price target on Estee Lauder Companies from $164.00 to $180.00 and gave the company an “outperform” rating in a report on Monday, April 8th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and sixteen have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $170.78.

EL traded down $0.59 during trading on Wednesday, hitting $163.76. 68,589 shares of the company’s stock traded hands, compared to its average volume of 1,469,527. The company has a current ratio of 1.69, a quick ratio of 1.26 and a debt-to-equity ratio of 0.62. Estee Lauder Companies has a 12-month low of $121.47 and a 12-month high of $180.20. The company has a market cap of $59.36 billion, a price-to-earnings ratio of 36.38, a P/E/G ratio of 2.45 and a beta of 0.72.

The company also recently declared a quarterly dividend, which will be paid on Monday, June 17th. Stockholders of record on Friday, May 31st will be issued a dividend of $0.43 per share. The ex-dividend date of this dividend is Thursday, May 30th. This represents a $1.72 annualized dividend and a dividend yield of 1.05%. Estee Lauder Companies’s payout ratio is 38.14%.

In related news, Director Irvine O. Hockaday, Jr. sold 1,500 shares of the firm’s stock in a transaction on Tuesday, February 19th. The stock was sold at an average price of $155.31, for a total value of $232,965.00. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Charlene Barshefsky sold 1,356 shares of the firm’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $172.19, for a total value of $233,489.64. Following the completion of the transaction, the director now directly owns 4,000 shares in the company, valued at $688,760. The disclosure for this sale can be found here. Insiders have sold a total of 3,222,917 shares of company stock worth $532,917,950 over the last three months. Insiders own 16.13% of the company’s stock.

Institutional investors have recently made changes to their positions in the stock. Oregon Public Employees Retirement Fund raised its holdings in Estee Lauder Companies by 6,015.8% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 6,896,861 shares of the company’s stock valued at $53,000 after acquiring an additional 6,784,090 shares during the period. JPMorgan Chase & Co. raised its holdings in Estee Lauder Companies by 112.1% during the third quarter. JPMorgan Chase & Co. now owns 7,032,887 shares of the company’s stock valued at $1,022,019,000 after acquiring an additional 3,716,962 shares during the period. Norges Bank bought a new stake in Estee Lauder Companies during the fourth quarter valued at about $233,786,000. MERIAN GLOBAL INVESTORS UK Ltd raised its holdings in Estee Lauder Companies by 673,732.9% during the fourth quarter. MERIAN GLOBAL INVESTORS UK Ltd now owns 1,125,301 shares of the company’s stock valued at $146,401,000 after acquiring an additional 1,125,134 shares during the period. Finally, Millennium Management LLC raised its holdings in Estee Lauder Companies by 445.1% during the fourth quarter. Millennium Management LLC now owns 809,688 shares of the company’s stock valued at $105,340,000 after acquiring an additional 661,151 shares during the period. 53.42% of the stock is currently owned by institutional investors.

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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