Estee Lauder Companies, Inc. (The) (NYSE:EL) had its price target raised by analysts at Argus from $125.00 to $142.00 in a research report issued on Thursday. The brokerage presently has a “buy” rating on the stock. Argus’ price objective points to a potential upside of 16.67% from the company’s previous close.

EL has been the topic of several other research reports. Telsey Advisory Group increased their price target on shares of Estee Lauder Companies, Inc. (The) from $105.00 to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 15th. Bank of America Corporation increased their price target on shares of Estee Lauder Companies, Inc. (The) from $115.00 to $122.00 and gave the stock a “buy” rating in a research note on Friday, October 13th. Wells Fargo & Company restated an “outperform” rating and set a $106.00 price target (up previously from $103.00) on shares of Estee Lauder Companies, Inc. (The) in a research note on Saturday, July 22nd. Sanford C. Bernstein restated an “outperform” rating and set a $117.00 price target on shares of Estee Lauder Companies, Inc. (The) in a research note on Tuesday, August 29th. Finally, Deutsche Bank AG upped their price objective on shares of Estee Lauder Companies, Inc. (The) from $108.00 to $119.00 and gave the stock a “buy” rating in a report on Monday, August 21st. Seven research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $117.42.

Shares of Estee Lauder Companies, Inc. (NYSE EL) traded up $1.56 on Thursday, hitting $121.71. 2,209,681 shares of the stock traded hands, compared to its average volume of 1,964,832. Estee Lauder Companies, Inc. has a 52 week low of $75.29 and a 52 week high of $124.80. The firm has a market cap of $44,783.80, a price-to-earnings ratio of 31.61, a price-to-earnings-growth ratio of 2.42 and a beta of 0.68. The company has a current ratio of 1.75, a quick ratio of 1.23 and a debt-to-equity ratio of 0.71.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last announced its quarterly earnings results on Wednesday, November 1st. The company reported $1.21 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.97 by $0.24. Estee Lauder Companies, Inc. (The) had a net margin of 11.30% and a return on equity of 33.64%. The company had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.16 billion. During the same quarter in the prior year, the business posted $0.85 EPS. Estee Lauder Companies, Inc. (The)’s quarterly revenue was up 14.3% on a year-over-year basis. research analysts anticipate that Estee Lauder Companies, Inc. will post 4.16 EPS for the current year.

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In other news, VP Sara E. Moss sold 14,552 shares of the stock in a transaction on Monday, August 7th. The shares were sold at an average price of $100.22, for a total value of $1,458,401.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Barry S. Sternlicht sold 10,000 shares of the stock in a transaction on Monday, August 21st. The shares were sold at an average price of $106.30, for a total transaction of $1,063,000.00. Following the completion of the transaction, the director now owns 40,982 shares of the company’s stock, valued at approximately $4,356,386.60. The disclosure for this sale can be found here. In the last 90 days, insiders sold 639,542 shares of company stock valued at $68,666,033. Corporate insiders own 16.24% of the company’s stock.

Hedge funds have recently made changes to their positions in the company. Parkside Financial Bank & Trust raised its stake in shares of Estee Lauder Companies, Inc. (The) by 126.1% in the 3rd quarter. Parkside Financial Bank & Trust now owns 1,135 shares of the company’s stock valued at $123,000 after buying an additional 633 shares in the last quarter. Acrospire Investment Management LLC raised its stake in shares of Estee Lauder Companies, Inc. (The) by 2,291.7% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,148 shares of the company’s stock valued at $110,000 after buying an additional 1,100 shares in the last quarter. Shine Investment Advisory Services Inc. acquired a new position in shares of Estee Lauder Companies, Inc. (The) in the 2nd quarter valued at $147,000. Sun Life Financial INC increased its position in shares of Estee Lauder Companies, Inc. (The) by 16,290.0% during the 2nd quarter. Sun Life Financial INC now owns 1,639 shares of the company’s stock worth $157,000 after purchasing an additional 1,629 shares in the last quarter. Finally, Bessemer Group Inc. increased its position in shares of Estee Lauder Companies, Inc. (The) by 4.8% during the 2nd quarter. Bessemer Group Inc. now owns 1,866 shares of the company’s stock worth $179,000 after purchasing an additional 86 shares in the last quarter. Institutional investors own 54.89% of the company’s stock.

Estee Lauder Companies, Inc. (The) Company Profile

The Estee Lauder Companies Inc manufactures and markets skin care, makeup, fragrance and hair care products. The Company offers products, including skin care, makeup, fragrance, hair care and other. The Company operates in beauty products segment. The Company’s products are sold in over 150 countries and territories under brand names, including Estee Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, MAC, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frederic Malle, GLAMGLOW, By Kilian, BECCA and Too Faced.

Analyst Recommendations for Estee Lauder Companies, Inc. (The) (NYSE:EL)

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