Estee Lauder Companies Inc (NYSE:EL) CFO Tracey Thomas Travis sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $137.02, for a total value of $685,100.00. Following the transaction, the chief financial officer now owns 24,467 shares of the company’s stock, valued at $3,352,468.34. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Estee Lauder Companies Inc (NYSE:EL) opened at $141.04 on Friday. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.76 and a quick ratio of 1.33. The company has a market capitalization of $51,871.13, a price-to-earnings ratio of 48.97, a P/E/G ratio of 2.50 and a beta of 0.74. Estee Lauder Companies Inc has a 12 month low of $81.69 and a 12 month high of $141.67.
Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings results on Friday, February 2nd. The company reported $1.52 earnings per share for the quarter, beating analysts’ consensus estimates of $1.44 by $0.08. Estee Lauder Companies had a return on equity of 34.86% and a net margin of 8.43%. The firm had revenue of $3.74 billion for the quarter, compared to analysts’ expectations of $3.68 billion. During the same period in the prior year, the business posted $1.22 earnings per share. The business’s revenue was up 16.7% compared to the same quarter last year. research analysts predict that Estee Lauder Companies Inc will post 4.36 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Wednesday, February 28th will be given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date of this dividend is Tuesday, February 27th. Estee Lauder Companies’s dividend payout ratio (DPR) is 52.78%.
A number of large investors have recently made changes to their positions in EL. Parkside Financial Bank & Trust grew its position in Estee Lauder Companies by 126.1% in the third quarter. Parkside Financial Bank & Trust now owns 1,135 shares of the company’s stock valued at $123,000 after acquiring an additional 633 shares during the period. Harvest Fund Management Co. Ltd bought a new stake in Estee Lauder Companies in the fourth quarter valued at $126,000. Cerebellum GP LLC bought a new stake in Estee Lauder Companies in the fourth quarter valued at $130,000. Winslow Evans & Crocker Inc. grew its position in Estee Lauder Companies by 2,750.0% in the fourth quarter. Winslow Evans & Crocker Inc. now owns 1,140 shares of the company’s stock valued at $145,000 after acquiring an additional 1,100 shares during the period. Finally, We Are One Seven LLC bought a new stake in Estee Lauder Companies in the fourth quarter valued at $160,000. Hedge funds and other institutional investors own 54.03% of the company’s stock.
EL has been the subject of a number of research analyst reports. Macquarie upped their price target on Estee Lauder Companies from $1.45 to $1.50 and gave the stock an “outperform” rating in a report on Thursday, December 21st. Deutsche Bank initiated coverage on Estee Lauder Companies in a report on Wednesday, December 13th. They set a “hold” rating and a $134.00 price target for the company. Piper Jaffray Companies set a $135.00 price target on Estee Lauder Companies and gave the stock a “buy” rating in a report on Wednesday, November 1st. Zacks Investment Research lowered Estee Lauder Companies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 2nd. Finally, Morgan Stanley upped their price target on Estee Lauder Companies from $122.00 to $134.00 and gave the stock an “overweight” rating in a report on Thursday, November 2nd. Five investment analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $128.57.
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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.
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