Estee Lauder Companies (NYSE:EL) has been assigned a $154.00 price target by JPMorgan Chase & Co. in a research note issued on Tuesday. The brokerage presently has a “buy” rating on the stock. JPMorgan Chase & Co.’s price target points to a potential upside of 9.56% from the company’s previous close.

A number of other research firms have also recently issued reports on EL. Stifel Nicolaus decreased 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 increased their target price on shares of Estee Lauder Companies from $153.00 to $162.00 and gave the company an “overweight” rating in a research note on Tuesday, May 15th. DA Davidson increased their target price on shares of Estee Lauder Companies from $131.00 to $134.00 and gave the company a “neutral” rating in a research note on Thursday, May 3rd. Evercore ISI began coverage on shares of Estee Lauder Companies in a research note on Tuesday, May 22nd. They issued a “buy” rating and a $170.00 target price for the company. Finally, Credit Suisse Group reduced 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 research note on Thursday, May 3rd. Six investment analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $144.81.

Estee Lauder Companies stock opened at $140.56 on Tuesday. 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 one year low of $104.01 and a one year high of $158.80. The firm has a market cap of $49.90 billion, a price-to-earnings ratio of 40.51, a price-to-earnings-growth ratio of 1.99 and a beta of 0.62.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings results on Monday, August 20th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.56 by $0.05. Estee Lauder Companies had a net margin of 8.67% and a return on equity of 35.88%. The company had revenue of $3.30 billion during the quarter, compared to analysts’ expectations of $3.25 billion. During the same period in the prior year, the company earned $0.51 earnings per share. The business’s quarterly revenue was up 13.9% compared to the same quarter last year. sell-side analysts predict that Estee Lauder Companies will post 4.47 EPS for the current fiscal year.

Institutional investors and hedge funds have recently made changes to their positions in the business. CSat Investment Advisory L.P. bought a new position in Estee Lauder Companies during the second quarter worth about $106,000. Amussen Hunsaker Associates LLC bought a new position in Estee Lauder Companies during the second quarter worth about $112,000. Itau Unibanco Holding S.A. lifted its stake in Estee Lauder Companies by 400.6% during the second quarter. Itau Unibanco Holding S.A. now owns 796 shares of the company’s stock worth $114,000 after purchasing an additional 637 shares during the period. Fort L.P. bought a new position in Estee Lauder Companies during the second quarter worth about $116,000. Finally, Massey Quick Simon & CO. LLC bought a new position in Estee Lauder Companies during the second quarter worth about $144,000. Hedge funds and other institutional investors own 54.54% of the company’s stock.

Estee Lauder Companies Company Profile

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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Analyst Recommendations for Estee Lauder Companies (NYSE:EL)

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