Estee Lauder Companies (NYSE:EL) has been given a $145.00 price objective by Jefferies Financial Group in a research report issued to clients and investors on Friday. The brokerage presently has a “hold” rating on the stock. Jefferies Financial Group’s price target suggests a potential upside of 1.62% from the stock’s previous close.
A number of other research analysts have also commented on the stock. Zacks Investment Research raised shares of Estee Lauder Companies from a “hold” rating to a “buy” rating and set a $164.00 price objective for the company in a research report on Wednesday, March 28th. Oppenheimer upped their price objective on shares of Estee Lauder Companies from $148.00 to $170.00 and gave the company an “outperform” rating in a research report on Thursday, April 12th. Credit Suisse Group assumed coverage on shares of Estee Lauder Companies in a research report on Monday, March 12th. They set an “outperform” rating and a $162.00 price objective for the company. Bank of America upped their target price on shares of Estee Lauder Companies from $152.00 to $160.00 and gave the company a “buy” rating in a research note on Monday, March 5th. Finally, ValuEngine raised shares of Estee Lauder Companies from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st. Six analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $143.67.
Shares of Estee Lauder Companies opened at $142.69 on Friday, according to MarketBeat Ratings. The stock has a market cap of $52.32 billion, a PE ratio of 41.12, a P/E/G ratio of 2.33 and a beta of 0.64. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.82 and a quick ratio of 1.37. Estee Lauder Companies has a 52 week low of $93.45 and a 52 week high of $158.80.
Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings data on Wednesday, May 2nd. The company reported $1.17 EPS for the quarter, beating the Zacks’ consensus estimate of $1.07 by $0.10. The business had revenue of $3.37 billion during the quarter, compared to analyst estimates of $3.25 billion. Estee Lauder Companies had a net margin of 8.67% and a return on equity of 35.88%. The firm’s revenue for the quarter was up 18.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.91 earnings per share. equities analysts predict that Estee Lauder Companies will post 4.46 EPS for the current year.
Institutional investors have recently modified their holdings of the business. Nicola Wealth Management LTD. bought a new stake in shares of Estee Lauder Companies during the first quarter valued at approximately $3,893,000. Chesapeake Wealth Management bought a new stake in shares of Estee Lauder Companies during the first quarter valued at approximately $812,000. 180 Wealth Advisors LLC grew its stake in shares of Estee Lauder Companies by 15.6% during the first quarter. 180 Wealth Advisors LLC now owns 2,697 shares of the company’s stock valued at $403,000 after purchasing an additional 364 shares during the last quarter. Amalgamated Bank grew its stake in shares of Estee Lauder Companies by 10.8% during the first quarter. Amalgamated Bank now owns 32,044 shares of the company’s stock valued at $4,798,000 after purchasing an additional 3,131 shares during the last quarter. Finally, Rational Advisors LLC bought a new stake in shares of Estee Lauder Companies during the first quarter valued at approximately $418,000. 54.30% of the stock is currently owned by hedge funds and other institutional investors.
About Estee Lauder Companies
The Estée Lauder Companies Inc manufactures and markets skin care, makeup, fragrance, and hair care products worldwide. The company offers a range of skin care products, such as moisturizers, serums, cleansers, toners, body care, exfoliators, acne and oil correctors, facial masks, cleansing devices, and sun care products; and makeup products for face, eyes, lips, and nails, as well as related items, including compacts, brushes, and other makeup tools.
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