Estee Lauder Companies, Inc. (The) (NYSE:EL) – Investment analysts at DA Davidson issued their Q1 2018 earnings per share (EPS) estimates for shares of Estee Lauder Companies, Inc. (The) in a research report issued on Wednesday. DA Davidson analyst L. Weiser anticipates that the company will earn $0.97 per share for the quarter. DA Davidson has a “Neutral” rating and a $115.00 price target on the stock. DA Davidson also issued estimates for Estee Lauder Companies, Inc. (The)’s Q2 2018 earnings at $1.37 EPS, Q3 2018 earnings at $1.06 EPS, Q4 2018 earnings at $0.60 EPS, FY2018 earnings at $4.00 EPS, Q1 2019 earnings at $1.09 EPS, Q2 2019 earnings at $1.53 EPS, Q3 2019 earnings at $1.19 EPS, Q4 2019 earnings at $0.69 EPS and FY2019 earnings at $4.50 EPS.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last announced its quarterly earnings results on Friday, August 18th. The company reported $0.51 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.08. Estee Lauder Companies, Inc. (The) had a return on equity of 32.38% and a net margin of 10.56%. The company had revenue of $2.89 billion during the quarter, compared to analyst estimates of $2.86 billion. During the same quarter in the previous year, the firm posted $0.43 EPS. The firm’s quarterly revenue was up 9.4% on a year-over-year basis.

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Several other analysts have also recently commented on the company. Oppenheimer Holdings, Inc. restated an “outperform” rating and set a $110.00 target price (up previously from $100.00) on shares of Estee Lauder Companies, Inc. (The) in a report on Thursday, August 10th. Zacks Investment Research raised Estee Lauder Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $107.00 price target for the company in a report on Tuesday, July 4th. BidaskClub raised Estee Lauder Companies, Inc. (The) from a “hold” rating to a “buy” rating in a report on Monday, July 31st. Bank of America Corporation upped their price target on shares of Estee Lauder Companies, Inc. (The) from $100.00 to $105.00 and gave the stock a “buy” rating in a research report on Monday, July 10th. Finally, Royal Bank Of Canada set a $115.00 price target on shares of Estee Lauder Companies, Inc. (The) and gave the stock a “buy” rating in a research report on Monday, August 21st. One analyst has rated the stock with a sell rating, six have assigned a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $110.48.

Estee Lauder Companies, Inc. (NYSE EL) opened at 107.84 on Monday. The stock’s 50 day moving average price is $104.85 and its 200-day moving average price is $94.82. Estee Lauder Companies, Inc. has a one year low of $75.30 and a one year high of $110.99. The firm has a market capitalization of $39.68 billion, a price-to-earnings ratio of 32.19 and a beta of 0.67.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Thursday, August 31st were issued a $0.34 dividend. The ex-dividend date of this dividend was Tuesday, August 29th. This represents a $1.36 annualized dividend and a dividend yield of 1.26%. Estee Lauder Companies, Inc. (The)’s dividend payout ratio (DPR) is currently 40.60%.

In other Estee Lauder Companies, Inc. (The) news, Director Barry S. Sternlicht sold 10,000 shares of the firm’s stock in a transaction that occurred 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 sale, the director now directly owns 40,982 shares in the company, valued at approximately $4,356,386.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Carl P. Haney sold 38,274 shares of the firm’s stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $107.90, for a total transaction of $4,129,764.60. Following the sale, the executive vice president now owns 29,206 shares in the company, valued at $3,151,327.40. The disclosure for this sale can be found here. Insiders sold 571,521 shares of company stock valued at $60,365,505 over the last 90 days. Corporate insiders own 16.24% of the company’s stock.

Hedge funds have recently modified their holdings of the company. Swiss National Bank lifted its position in Estee Lauder Companies, Inc. (The) by 3.1% in the 2nd quarter. Swiss National Bank now owns 812,196 shares of the company’s stock valued at $77,955,000 after acquiring an additional 24,600 shares in the last quarter. Prudential Financial Inc. boosted its stake in Estee Lauder Companies, Inc. (The) by 3.5% in the 2nd quarter. Prudential Financial Inc. now owns 323,600 shares of the company’s stock worth $31,060,000 after purchasing an additional 10,921 shares during the period. Comgest Global Investors S.A.S. acquired a new position in Estee Lauder Companies, Inc. (The) in the 2nd quarter worth $2,266,000. JPMorgan Chase & Co. boosted its stake in Estee Lauder Companies, Inc. (The) by 146.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,301,975 shares of the company’s stock worth $124,963,000 after purchasing an additional 773,666 shares during the period. Finally, Nicolet Bankshares Inc. acquired a new position in Estee Lauder Companies, Inc. (The) in the 2nd quarter worth $289,000. 54.58% of the stock is owned by institutional investors.

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.

Earnings History and Estimates for Estee Lauder Companies, Inc. (The) (NYSE:EL)

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