Estee Lauder Companies (NYSE:EL) Releases FY 2020 Earnings Guidance

Estee Lauder Companies (NYSE:EL) issued an update on its FY 2020 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $5.90-5.98 for the period, compared to the Thomson Reuters consensus estimate of $5.81. The company issued revenue guidance of $15.90341-16.05204 billion, compared to the consensus revenue estimate of $15.82 billion.Estee Lauder Companies also updated its FY20 guidance to $5.90-5.98 EPS.

Shares of NYSE:EL opened at $203.72 on Thursday. The company has a market cap of $72.97 billion, a P/E ratio of 38.15, a P/E/G ratio of 2.64 and a beta of 0.81. The company has a quick ratio of 1.26, a current ratio of 1.57 and a debt-to-equity ratio of 0.66. Estee Lauder Companies has a 52 week low of $121.47 and a 52 week high of $206.00. The business has a fifty day simple moving average of $186.23 and a 200-day simple moving average of $170.72.

Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings data on Monday, August 19th. The company reported $0.64 EPS for the quarter, beating the Zacks’ consensus estimate of $0.53 by $0.11. The business had revenue of $3.59 billion during the quarter, compared to the consensus estimate of $3.53 billion. Estee Lauder Companies had a return on equity of 44.43% and a net margin of 12.01%. The business’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.61 earnings per share. Sell-side analysts expect that Estee Lauder Companies will post 5.97 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 16th. Stockholders of record on Friday, August 30th will be given a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date is Thursday, August 29th. Estee Lauder Companies’s dividend payout ratio is currently 32.21%.

A number of equities research analysts have issued reports on the company. Raymond James reissued an outperform rating and set a $216.00 price target (up previously from $181.00) on shares of Estee Lauder Companies in a research report on Tuesday. Zacks Investment Research raised Estee Lauder Companies from a hold rating to a buy rating and set a $212.00 price target for the company in a research report on Tuesday. Wells Fargo & Co boosted their price target on Estee Lauder Companies from $175.00 to $190.00 and gave the company a market perform rating in a research report on Monday. UBS Group boosted their price target on Estee Lauder Companies from $172.00 to $205.00 and gave the company a neutral rating in a research report on Tuesday. Finally, DA Davidson boosted their price target on Estee Lauder Companies from $6.00 to $184.00 and gave the company a neutral rating in a research report on Wednesday. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, seven have given a hold rating and seventeen have given a buy rating to the company’s stock. Estee Lauder Companies presently has an average rating of Buy and an average target price of $188.88.

In other news, EVP Alexandra C. Trower sold 6,608 shares of the company’s stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of $203.78, for a total value of $1,346,578.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 16.13% of the stock is owned by corporate insiders.

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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