Estee Lauder Companies (NYSE:EL) had its price target hoisted by Argus to $195.00 in a research note issued to investors on Friday morning, The Fly reports. Argus currently has a buy rating on the stock.

A number of other equities research analysts have also commented on the stock. Citigroup upgraded shares of Estee Lauder Companies from a neutral rating to a buy rating and raised their price objective for the stock from $145.00 to $155.00 in a report on Wednesday, January 2nd. Telsey Advisory Group raised their price objective on shares of Estee Lauder Companies from $170.00 to $179.00 and gave the stock an outperform rating in a report on Wednesday, February 6th. Goldman Sachs Group lowered shares of Estee Lauder Companies from a neutral rating to a sell rating and dropped their price objective for the stock from $171.00 to $116.00 in a report on Tuesday, January 8th. Zacks Investment Research lowered shares of Estee Lauder Companies from a buy rating to a hold rating in a report on Monday, January 14th. Finally, Wells Fargo & Co lowered shares of Estee Lauder Companies from an outperform rating to a market perform rating and dropped their price objective for the stock from $165.00 to $135.00 in a report on Thursday, January 10th. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eighteen have issued a buy rating to the stock. The company currently has a consensus rating of Buy and an average target price of $162.57.

EL opened at $167.10 on Friday. The company has a current ratio of 1.71, a quick ratio of 1.27 and a debt-to-equity ratio of 0.78. The firm has a market capitalization of $60.50 billion, a price-to-earnings ratio of 37.05, a PEG ratio of 2.57 and a beta of 0.72. Estee Lauder Companies has a twelve month low of $121.47 and a twelve month high of $169.47.

Estee Lauder Companies (NYSE:EL) last posted its earnings results on Tuesday, February 5th. The company reported $1.74 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.54 by $0.20. The company had revenue of $4.01 billion for the quarter, compared to analyst estimates of $3.92 billion. Estee Lauder Companies had a net margin of 11.49% and a return on equity of 40.38%. The business’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period last year, the business posted $1.52 earnings per share. Research analysts predict that Estee Lauder Companies will post 5.06 earnings per share for the current year.

In related news, EVP Gregory Polcer sold 28,036 shares of the firm’s stock in a transaction on Thursday, March 28th. The shares were sold at an average price of $165.00, for a total value of $4,625,940.00. Following the completion of the transaction, the executive vice president now owns 107,350 shares of the company’s stock, valued at $17,712,750. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Sara E. Moss sold 22,788 shares of the firm’s stock in a transaction on Tuesday, February 5th. The shares were sold at an average price of $150.10, for a total transaction of $3,420,478.80. Following the completion of the transaction, the vice president now directly owns 6,697 shares of the company’s stock, valued at approximately $1,005,219.70. The disclosure for this sale can be found here. In the last ninety days, insiders sold 574,507 shares of company stock valued at $89,174,250. 16.13% of the stock is owned by insiders.

A number of institutional investors have recently added to or reduced their stakes in EL. Paragon Capital Management LLC bought a new position in shares of Estee Lauder Companies in the 1st quarter valued at about $90,000. Quantitative Systematic Strategies LLC bought a new position in shares of Estee Lauder Companies in the 1st quarter valued at about $307,000. Raymond James Trust N.A. grew its position in shares of Estee Lauder Companies by 0.8% in the 1st quarter. Raymond James Trust N.A. now owns 7,864 shares of the company’s stock valued at $1,302,000 after acquiring an additional 66 shares during the period. W.E. Donoghue & Co. LLC bought a new stake in shares of Estee Lauder Companies during the 1st quarter worth about $2,802,000. Finally, Landsberg Bennett & Dubbaneh LLC boosted its holdings in shares of Estee Lauder Companies by 95.0% during the 1st quarter. Landsberg Bennett & Dubbaneh LLC now owns 18,273 shares of the company’s stock worth $3,002,000 after buying an additional 8,900 shares during the period. 53.74% of the stock is owned by institutional investors and hedge funds.

Estee Lauder Companies Company Profile

The Estée Lauder Companies Inc manufactures and markets skin care, makeup, fragrance, and hair care products. The company offers a range of skin care products, such as moisturizers, serums, cleansers, toners, body care products, exfoliators, acne care products, facial masks, cleansing devices, and sun care products; and makeup products, including lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as related items, including compacts, brushes, and other makeup tools.

Featured Article: What Are Treasury Bonds?

The Fly

Analyst Recommendations for Estee Lauder Companies (NYSE:EL)

Receive News & Ratings for Estee Lauder Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Estee Lauder Companies and related companies with MarketBeat.com's FREE daily email newsletter.