Piper Sandler Begins Coverage on Estee Lauder Companies (NYSE:EL)

Piper Sandler started coverage on shares of Estee Lauder Companies (NYSE:EL) in a research report issued to clients and investors on Friday. The firm set an “overweight” rating and a $95.00 price target on the stock. Piper Sandler’s price target points to a potential upside of 18.70% from the stock’s current price.

A number of other brokerages have also issued reports on EL. UBS Group raised their price target on Estee Lauder Companies from $75.00 to $85.00 and gave the stock a “neutral” rating in a research note on Monday, May 4th. Wells Fargo & Company increased their target price on Estee Lauder Companies from $75.00 to $85.00 and gave the stock an “equal weight” rating in a research note on Monday, May 4th. TD Cowen decreased their target price on Estee Lauder Companies from $130.00 to $115.00 and set a “hold” rating for the company in a research report on Monday, February 9th. Canaccord Genuity Group boosted their target price on shares of Estee Lauder Companies from $80.00 to $85.00 and gave the company a “hold” rating in a research note on Monday, May 4th. Finally, JPMorgan Chase & Co. upped their price target on shares of Estee Lauder Companies from $98.00 to $99.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Estee Lauder Companies currently has a consensus rating of “Moderate Buy” and a consensus price target of $100.68.

Estee Lauder Companies Price Performance

NYSE EL traded down $0.80 during trading hours on Friday, reaching $80.04. The company’s stock had a trading volume of 162,333 shares, compared to its average volume of 4,387,555. Estee Lauder Companies has a 1 year low of $62.57 and a 1 year high of $121.64. The company has a quick ratio of 0.94, a current ratio of 1.27 and a debt-to-equity ratio of 1.71. The company has a market capitalization of $28.96 billion, a price-to-earnings ratio of -114.15, a PEG ratio of 0.85 and a beta of 1.22. The firm’s 50-day moving average price is $79.61 and its 200-day moving average price is $95.61.

Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings data on Friday, May 1st. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.25. Estee Lauder Companies had a negative net margin of 1.67% and a positive return on equity of 20.66%. The business had revenue of $3.71 billion during the quarter, compared to analyst estimates of $3.69 billion. During the same period last year, the firm posted $0.65 EPS. The company’s revenue was up 4.6% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. On average, equities research analysts predict that Estee Lauder Companies will post 2.4 EPS for the current fiscal year.

Hedge Funds Weigh In On Estee Lauder Companies

Large investors have recently made changes to their positions in the company. REAP Financial Group LLC purchased a new position in Estee Lauder Companies in the 4th quarter valued at about $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new position in shares of Estee Lauder Companies during the 4th quarter worth $27,000. Flagship Harbor Advisors LLC purchased a new stake in shares of Estee Lauder Companies in the 4th quarter valued at approximately $32,000. Quent Capital LLC purchased a new stake in Estee Lauder Companies in the third quarter valued at approximately $33,000. Finally, Hantz Financial Services Inc. lifted its stake in Estee Lauder Companies by 80.6% during the 3rd quarter. Hantz Financial Services Inc. now owns 372 shares of the company’s stock worth $33,000 after acquiring an additional 166 shares in the last quarter. 55.15% of the stock is currently owned by institutional investors and hedge funds.

About Estee Lauder Companies

Estée Lauder Companies Inc (NYSE: EL) is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.

The company’s portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.