Media headlines about Estee Lauder Companies, Inc. (The) (NYSE:EL) have been trending somewhat positive on Friday, Accern Sentiment reports. Accern scores the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Estee Lauder Companies, Inc. (The) earned a news sentiment score of 0.18 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.5037534895237 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:
EL has been the topic of several recent analyst reports. Telsey Advisory Group increased their price target on shares of Estee Lauder Companies, Inc. (The) from $120.00 to $125.00 and gave the stock an “outperform” rating in a report on Thursday. Piper Jaffray Companies set a $95.00 price target on shares of Estee Lauder Companies, Inc. (The) and gave the stock a “buy” rating in a report on Friday, August 18th. Stifel Nicolaus set a $108.00 price target on shares of Estee Lauder Companies, Inc. (The) and gave the stock a “buy” rating in a report on Thursday, July 6th. Jefferies Group LLC reiterated a “buy” rating and issued a $110.00 price target on shares of Estee Lauder Companies, Inc. (The) in a report on Thursday, July 6th. Finally, Oppenheimer Holdings, Inc. reiterated an “outperform” rating and issued a $110.00 price target (up previously from $100.00) on shares of Estee Lauder Companies, Inc. (The) in a report on Thursday, August 10th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $111.86.
Estee Lauder Companies, Inc. (NYSE:EL) opened at 111.79 on Friday. Estee Lauder Companies, Inc. has a 12-month low of $75.30 and a 12-month high of $112.49. The stock’s 50 day moving average price is $109.28 and its 200 day moving average price is $99.28. The stock has a market cap of $41.13 billion, a price-to-earnings ratio of 33.37 and a beta of 0.67.
Estee Lauder Companies, Inc. (The) (NYSE:EL) last issued its quarterly earnings results on Friday, August 18th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.08. Estee Lauder Companies, Inc. (The) had a return on equity of 32.38% and a net margin of 10.56%. The firm had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.86 billion. During the same period in the previous year, the company posted $0.43 earnings per share. The company’s quarterly revenue was up 9.4% compared to the same quarter last year. Analysts forecast that Estee Lauder Companies, Inc. will post $3.99 EPS for the current fiscal year.
In other news, Director Irvine O. Hockaday, Jr. sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, August 25th. The stock was sold at an average price of $105.41, for a total value of $210,820.00. Following the transaction, the director now directly owns 26,240 shares of the company’s stock, valued at approximately $2,765,958.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Fabrizio Freda sold 300,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 22nd. The stock was sold at an average price of $105.77, for a total value of $31,731,000.00. Following the completion of the transaction, the insider now directly owns 373,174 shares in the company, valued at $39,470,613.98. The disclosure for this sale can be found here. Over the last quarter, insiders sold 580,641 shares of company stock worth $61,605,635. Corporate insiders own 16.24% of the company’s stock.
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Estee Lauder Companies, Inc. (The) 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.
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