Estee Lauder Companies (NYSE:EL) Upgraded by Zacks Research to Strong-Buy Rating

Zacks Research upgraded shares of Estee Lauder Companies (NYSE:EL) from a hold rating to a strong-buy rating in a research note issued to investors on Tuesday,Zacks.com reports.

Several other analysts have also commented on EL. Canaccord Genuity Group raised their target price on Estee Lauder Companies from $80.00 to $85.00 and gave the stock a “hold” rating in a report on Monday, May 4th. JPMorgan Chase & Co. raised their target price on Estee Lauder Companies from $98.00 to $99.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $113.00 target price on shares of Estee Lauder Companies in a report on Tuesday, February 3rd. Wall Street Zen lowered Estee Lauder Companies from a “buy” rating to a “hold” rating in a report on Saturday, April 4th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on Estee Lauder Companies from $124.00 to $108.00 and set a “buy” rating on the stock in a report on Monday, March 30th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $101.00.

Estee Lauder Companies Stock Down 3.2%

Estee Lauder Companies stock opened at $82.16 on Tuesday. The firm has a market cap of $29.73 billion, a price-to-earnings ratio of -117.38, a price-to-earnings-growth ratio of 0.87 and a beta of 1.22. Estee Lauder Companies has a 52 week low of $62.03 and a 52 week high of $121.64. The business’s 50-day moving average price is $79.96 and its 200 day moving average price is $95.76. The company has a quick ratio of 0.94, a current ratio of 1.27 and a debt-to-equity ratio of 1.71.

Estee Lauder Companies (NYSE:EL) last posted its earnings results on Friday, May 1st. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.66 by $0.25. The firm had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.69 billion. Estee Lauder Companies had a positive return on equity of 20.66% and a negative net margin of 1.67%.Estee Lauder Companies’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period last year, the company earned $0.65 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. As a group, sell-side analysts anticipate that Estee Lauder Companies will post 2.4 earnings per share for the current year.

Estee Lauder Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Friday, May 29th. Estee Lauder Companies’s dividend payout ratio (DPR) is presently -200.00%.

Institutional Trading of Estee Lauder Companies

Several institutional investors have recently bought and sold shares of EL. REAP Financial Group LLC acquired a new stake in Estee Lauder Companies in the fourth quarter valued at approximately $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new stake in shares of Estee Lauder Companies during the fourth quarter worth approximately $27,000. Flagship Harbor Advisors LLC purchased a new stake in shares of Estee Lauder Companies during the fourth quarter worth approximately $32,000. Quent Capital LLC acquired a new position in Estee Lauder Companies in the 3rd quarter valued at $33,000. Finally, Hantz Financial Services Inc. raised its stake in Estee Lauder Companies by 80.6% in the 3rd quarter. Hantz Financial Services Inc. now owns 372 shares of the company’s stock valued at $33,000 after purchasing an additional 166 shares during the last quarter. 55.15% of the stock is 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.