Analysts’ Weekly Ratings Changes for Est�e Lauder Companies (EL)

A number of research firms have changed their ratings and price targets for Est�e Lauder Companies (NYSE: EL):

  • 4/19/2018 – Est�e Lauder Companies had its price target raised by analysts at Wells Fargo from $150.00 to $168.00. They now have an “outperform” rating on the stock.
  • 4/18/2018 – Est�e Lauder Companies had its “buy” rating reaffirmed by analysts at Stifel Nicolaus.
  • 4/12/2018 – Est�e Lauder Companies had its price target raised by analysts at Oppenheimer Holdings from $148.00 to $170.00. They now have an “outperform” rating on the stock.
  • 4/5/2018 – Est�e Lauder Companies had its price target raised by analysts at Morgan Stanley from $147.00 to $160.00. They now have an “overweight” rating on the stock.
  • 4/4/2018 – Est�e Lauder Companies was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Estee Lauder has surpassed the industry over a year, courtesy of focus on buyouts and product launches; strength in emerging markets; and solid growth in travel retail and online business. These factors helped the company to mark its 14th and 4th straight earnings and sales beat, respectively in second-quarter fiscal 2018, wherein both top and bottom lines grew year over year. Results gained from solid cost savings and contributions from BECCA and Too Faced. Sturdy growth in travel retail and online channels also drove performance. Notably, the company witnessed strength in most geographic regions and categories — with skin care and makeup standing out. Continued growth opportunities in the global prestige beauty industry, along with expected gains from tax reforms also led to a raised view. However, weak gross margin and soft U.S. retail traffic remain hurdles. Macroeconomic issues that could affect consumer spending also pose threats.”
  • 3/28/2018 – Est�e Lauder Companies was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $164.00 price target on the stock. According to Zacks, “Estee Lauder has surpassed the industry over a year, courtesy of focus on buyouts and product launches; strength in emerging markets; and solid growth in travel retail and online business. These factors helped the company to mark its 14th and 4th straight earnings and sales beat, respectively in second-quarter fiscal 2018, wherein both top and bottom lines grew year over year. Results gained from solid cost savings and contributions from BECCA and Too Faced. Sturdy growth in travel retail and online channels also drove performance. Notably, the company witnessed strength in most geographic regions and categories — with skin care and makeup standing out. Continued growth opportunities in the global prestige beauty industry, along with expected gains from tax reforms also led to a raised view. However, weak gross margin and soft U.S. retail traffic remain hurdles. Macroeconomic issues that could affect consumer spending also pose threats.”
  • 3/27/2018 – Est�e Lauder Companies was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Estee Lauder has surpassed the industry over a year, courtesy of focus on buyouts and product launches; strength in emerging markets; and solid growth in travel retail and online business. These factors helped the company to mark its 14th and 4th straight earnings and sales beat, respectively in second-quarter fiscal 2018, wherein both top and bottom lines grew year over year. Results gained from solid cost savings and contributions from BECCA and Too Faced. Sturdy growth in travel retail and online channels also drove performance. Notably, the company witnessed strength in most geographic regions and categories — with skin care and makeup standing out. Continued growth opportunities in the global prestige beauty industry, along with expected gains from tax reforms also led to a raised view. However, weak gross margin and soft U.S. retail traffic remain hurdles. Macroeconomic issues that could affect consumer spending also pose threats.”
  • 3/27/2018 – Est�e Lauder Companies was given a new $152.00 price target on by analysts at Piper Jaffray. They now have a “buy” rating on the stock.
  • 3/12/2018 – Est�e Lauder Companies is now covered by analysts at Credit Suisse Group AG. They set an “outperform” rating and a $162.00 price target on the stock.
  • 3/5/2018 – Est�e Lauder Companies had its price target raised by analysts at Bank of America from $152.00 to $160.00. They now have a “buy” rating on the stock.
  • 3/1/2018 – Est�e Lauder Companies was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.

EL opened at $146.87 on Wednesday. Est�e Lauder Companies has a one year low of $86.25 and a one year high of $153.88. The stock has a market capitalization of $54,412.46, a PE ratio of 42.33, a price-to-earnings-growth ratio of 2.47 and a beta of 0.64. The company has a current ratio of 1.76, a quick ratio of 1.33 and a debt-to-equity ratio of 0.74.

Est�e Lauder Companies (NYSE:EL) last released its quarterly earnings data on Friday, February 2nd. The company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.44 by $0.08. Est�e Lauder Companies had a return on equity of 34.86% and a net margin of 8.43%. The business had revenue of $3.74 billion for the quarter, compared to the consensus estimate of $3.68 billion. During the same quarter in the prior year, the business posted $1.22 EPS. The business’s revenue for the quarter was up 16.7% on a year-over-year basis. research analysts expect that Est�e Lauder Companies will post 4.38 earnings per share for the current year.

In related news, VP Sara E. Moss sold 30,044 shares of the firm’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $140.40, for a total transaction of $4,218,177.60. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Gregory Polcer sold 40,797 shares of the firm’s stock in a transaction that occurred on Thursday, March 29th. The stock was sold at an average price of $150.00, for a total value of $6,119,550.00. Following the transaction, the executive vice president now owns 110,706 shares in the company, valued at approximately $16,605,900. The disclosure for this sale can be found here. In the last quarter, insiders sold 211,642 shares of company stock worth $29,740,621. Company insiders own 16.24% of the company’s stock.

Large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. lifted its position in Est�e Lauder Companies by 6.4% during the 4th quarter. BlackRock Inc. now owns 15,790,395 shares of the company’s stock worth $2,009,170,000 after acquiring an additional 944,997 shares during the period. Jennison Associates LLC lifted its position in Est�e Lauder Companies by 54.7% during the 4th quarter. Jennison Associates LLC now owns 9,533,553 shares of the company’s stock worth $1,213,049,000 after acquiring an additional 3,372,279 shares during the period. Wells Fargo & Company MN lifted its position in Est�e Lauder Companies by 7.8% during the 4th quarter. Wells Fargo & Company MN now owns 2,627,132 shares of the company’s stock worth $334,276,000 after acquiring an additional 190,584 shares during the period. Geode Capital Management LLC lifted its position in Est�e Lauder Companies by 4.7% during the 4th quarter. Geode Capital Management LLC now owns 2,426,219 shares of the company’s stock worth $308,079,000 after acquiring an additional 108,813 shares during the period. Finally, Acadian Asset Management LLC lifted its position in Est�e Lauder Companies by 31.9% during the 4th quarter. Acadian Asset Management LLC now owns 1,880,660 shares of the company’s stock worth $239,297,000 after acquiring an additional 454,532 shares during the period. Hedge funds and other institutional investors own 54.20% of the company’s stock.

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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