Estee Lauder Companies (NYSE:EL) Rating Increased to Strong-Buy at China Intl Cap

Estee Lauder Companies (NYSE:EL) was upgraded by analysts at China Intl Cap to a “strong-buy” rating in a research report issued to clients and investors on Sunday, Zacks reports.

Other research analysts have also recently issued research reports about the company. Sanford C. Bernstein initiated coverage on Estee Lauder Companies in a research report on Friday, June 12th. They set a “market perform” rating and a $82.00 price target on the stock. TD Cowen lifted their price objective on Estee Lauder Companies from $90.00 to $100.00 and gave the stock a “hold” rating in a report on Thursday, August 20th. Telsey Advisory Group boosted their price objective on Estee Lauder Companies from $90.00 to $108.00 and gave the company a “market perform” rating in a research note on Thursday, August 20th. Zacks Research downgraded shares of Estee Lauder Companies from a “strong-buy” rating to a “hold” rating in a report on Friday, July 10th. Finally, Wells Fargo & Company increased their target price on shares of Estee Lauder Companies from $85.00 to $104.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 20th. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Estee Lauder Companies presently has a consensus rating of “Hold” and an average target price of $104.67.

Estee Lauder Companies Trading Down 2.4%

Shares of EL stock opened at $99.88 on Friday. The company has a quick ratio of 0.90, a current ratio of 1.22 and a debt-to-equity ratio of 1.79. The firm has a market cap of $36.14 billion, a P/E ratio of 203.84, a PEG ratio of 1.19 and a beta of 1.25. The company has a 50 day moving average of $87.34 and a 200-day moving average of $86.33. Estee Lauder Companies has a 12-month low of $66.22 and a 12-month high of $121.64.

Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings data on Wednesday, August 19th. The company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.32 by $0.07. Estee Lauder Companies had a return on equity of 23.52% and a net margin of 1.21%.The business had revenue of $3.64 billion for the quarter, compared to the consensus estimate of $3.55 billion. During the same quarter in the prior year, the business earned $0.09 earnings per share. Estee Lauder Companies’s revenue for the quarter was up 6.3% on a year-over-year basis. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. Sell-side analysts anticipate that Estee Lauder Companies will post 3.3 earnings per share for the current year.

Insider Activity

In related news, VP Lande Rashida La sold 7,766 shares of the stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $103.32, for a total transaction of $802,383.12. Following the sale, the vice president owned 14,357 shares of the company’s stock, valued at approximately $1,483,365.24. This represents a 35.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 13.05% of the company’s stock.

Institutional Investors Weigh In On Estee Lauder Companies

Hedge funds and other institutional investors have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Estee Lauder Companies by 4.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,898 shares of the company’s stock valued at $1,709,000 after acquiring an additional 1,177 shares in the last quarter. NewEdge Advisors LLC lifted its stake in Estee Lauder Companies by 33.4% in the 1st quarter. NewEdge Advisors LLC now owns 6,992 shares of the company’s stock worth $462,000 after purchasing an additional 1,749 shares in the last quarter. Empowered Funds LLC lifted its stake in Estee Lauder Companies by 24.1% in the 1st quarter. Empowered Funds LLC now owns 4,619 shares of the company’s stock worth $305,000 after purchasing an additional 898 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Estee Lauder Companies by 23.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 997 shares of the company’s stock valued at $81,000 after purchasing an additional 188 shares during the period. Finally, First Trust Advisors LP grew its position in shares of Estee Lauder Companies by 55.5% during the 2nd quarter. First Trust Advisors LP now owns 13,522 shares of the company’s stock valued at $1,093,000 after purchasing an additional 4,826 shares in the last quarter. 55.15% of the stock is currently owned by institutional investors.

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.