Equities research analysts expect Estee Lauder Companies Inc (NYSE:EL) to announce earnings of $0.56 per share for the current quarter, according to Zacks. Nine analysts have issued estimates for Estee Lauder Companies’ earnings, with the lowest EPS estimate coming in at $0.52 and the highest estimate coming in at $0.60. Estee Lauder Companies posted earnings per share of $0.51 in the same quarter last year, which suggests a positive year over year growth rate of 9.8%. The company is scheduled to report its next earnings report before the market opens on Monday, August 20th.

According to Zacks, analysts expect that Estee Lauder Companies will report full year earnings of $4.46 per share for the current year, with EPS estimates ranging from $4.42 to $4.50. For the next financial year, analysts expect that the company will report earnings of $5.00 per share, with EPS estimates ranging from $4.81 to $5.12. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side analysts that follow Estee Lauder Companies.

Several equities research analysts recently commented on EL shares. Stifel Nicolaus cut their price target on shares of Estee Lauder Companies from $160.00 to $150.00 and set a “buy” rating for the company in a report on Thursday, May 3rd. Morgan Stanley upped their target price on shares of Estee Lauder Companies from $153.00 to $162.00 and gave the stock an “overweight” rating in a report on Tuesday, May 15th. DA Davidson upped their target price on shares of Estee Lauder Companies from $131.00 to $134.00 and gave the stock a “neutral” rating in a report on Thursday, May 3rd. Evercore ISI began coverage on shares of Estee Lauder Companies in a report on Tuesday, May 22nd. They set a “buy” rating and a $170.00 target price for the company. Finally, Credit Suisse Group dropped their target price on shares of Estee Lauder Companies from $162.00 to $156.00 and set an “outperform” rating for the company in a report on Thursday, May 3rd. Seven investment analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. Estee Lauder Companies currently has an average rating of “Buy” and a consensus target price of $143.69.

Several institutional investors and hedge funds have recently made changes to their positions in EL. Asset Management One Co. Ltd. grew its position in shares of Estee Lauder Companies by 3.9% during the first quarter. Asset Management One Co. Ltd. now owns 369,788 shares of the company’s stock worth $55,364,000 after acquiring an additional 13,855 shares during the last quarter. NN Investment Partners Holdings N.V. grew its position in shares of Estee Lauder Companies by 34.0% in the second quarter. NN Investment Partners Holdings N.V. now owns 113,117 shares of the company’s stock valued at $16,141,000 after purchasing an additional 28,689 shares during the last quarter. Aristotle Atlantic Partners LLC grew its position in shares of Estee Lauder Companies by 33.4% in the first quarter. Aristotle Atlantic Partners LLC now owns 3,064 shares of the company’s stock valued at $459,000 after purchasing an additional 768 shares during the last quarter. Personal Capital Advisors Corp grew its position in shares of Estee Lauder Companies by 164.4% in the second quarter. Personal Capital Advisors Corp now owns 4,646 shares of the company’s stock valued at $663,000 after purchasing an additional 2,889 shares during the last quarter. Finally, Westover Capital Advisors LLC acquired a new position in shares of Estee Lauder Companies in the first quarter valued at approximately $2,555,000. 54.49% of the stock is owned by hedge funds and other institutional investors.

Estee Lauder Companies traded up $0.56, hitting $132.73, on Friday, according to Marketbeat.com. The company had a trading volume of 1,948,358 shares, compared to its average volume of 1,825,078. The firm has a market cap of $48.51 billion, a PE ratio of 29.97, a PEG ratio of 1.93 and a beta of 0.62. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.37 and a current ratio of 1.82. Estee Lauder Companies has a 12-month low of $98.16 and a 12-month high of $158.80.

About Estee Lauder Companies

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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