Estee Lauder Companies Inc (NYSE:EL) EVP Carl P. Haney sold 6,525 shares of the company’s stock in a transaction on Monday, February 12th. The stock was sold at an average price of $137.52, for a total value of $897,318.00. Following the completion of the sale, the executive vice president now owns 6,525 shares of the company’s stock, valued at $897,318. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Shares of Estee Lauder Companies Inc (EL) traded down $0.30 during midday trading on Thursday, hitting $139.43. The company had a trading volume of 1,183,153 shares, compared to its average volume of 1,825,185. The company has a quick ratio of 1.33, a current ratio of 1.76 and a debt-to-equity ratio of 0.74. The stock has a market cap of $50,569.20, a PE ratio of 48.31, a P/E/G ratio of 2.44 and a beta of 0.74. Estee Lauder Companies Inc has a 1 year low of $81.69 and a 1 year high of $140.53.
Estee Lauder Companies (NYSE:EL) last issued its quarterly earnings data on Friday, February 2nd. The company reported $1.52 earnings per share for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $3.68 billion. During the same period in the prior year, the business posted $1.22 EPS. The firm’s quarterly revenue was up 16.7% on a year-over-year basis. analysts predict that Estee Lauder Companies Inc will post 4.36 EPS for the current year.
A number of large investors have recently made changes to their positions in the stock. Lake Street Advisors Group LLC acquired a new position in Estee Lauder Companies during the 4th quarter valued at about $291,000. MetLife Investment Advisors LLC acquired a new position in Estee Lauder Companies during the 4th quarter valued at about $8,814,000. BB&T Securities LLC increased its position in Estee Lauder Companies by 161.3% during the 4th quarter. BB&T Securities LLC now owns 30,328 shares of the company’s stock valued at $3,858,000 after buying an additional 18,722 shares in the last quarter. Municipal Employees Retirement System of Michigan increased its position in Estee Lauder Companies by 129.4% during the 4th quarter. Municipal Employees Retirement System of Michigan now owns 13,260 shares of the company’s stock valued at $1,687,000 after buying an additional 7,480 shares in the last quarter. Finally, Glenmede Trust Co. NA increased its position in Estee Lauder Companies by 30,529.4% during the 4th quarter. Glenmede Trust Co. NA now owns 544,590 shares of the company’s stock valued at $69,292,000 after buying an additional 542,812 shares in the last quarter. 54.03% of the stock is currently owned by institutional investors.
EL has been the subject of several research reports. DA Davidson reiterated a “hold” rating and issued a $125.00 target price on shares of Estee Lauder Companies in a report on Thursday, November 2nd. They noted that the move was a valuation call. BMO Capital Markets upped their target price on Estee Lauder Companies from $107.00 to $126.00 and gave the stock a “market perform” rating in a report on Thursday, November 2nd. Royal Bank of Canada reiterated an “outperform” rating and issued a $145.00 target price (down from $155.00) on shares of Estee Lauder Companies in a report on Monday, February 5th. Piper Jaffray Companies set a $144.00 target price on Estee Lauder Companies and gave the stock a “buy” rating in a report on Monday, January 22nd. Finally, Oppenheimer upped their target price on Estee Lauder Companies from $130.00 to $148.00 and gave the stock an “outperform” rating in a report on Tuesday, January 23rd. Five analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $128.57.
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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