Estee Lauder Companies, Inc. (The) (NYSE:EL) – Analysts at Oppenheimer Holdings lifted their FY2018 earnings per share estimates for Estee Lauder Companies, Inc. (The) in a research report issued to clients and investors on Wednesday. Oppenheimer Holdings analyst R. Parikh now forecasts that the company will post earnings of $3.73 per share for the year, up from their prior estimate of $3.70. Oppenheimer Holdings currently has a “Outperform” rating and a $110.00 target price on the stock. Oppenheimer Holdings also issued estimates for Estee Lauder Companies, Inc. (The)’s FY2019 earnings at $4.13 EPS.

EL has been the subject of a number of other research reports. Royal Bank Of Canada reissued a “buy” rating and set a $100.00 price target on shares of Estee Lauder Companies, Inc. (The) in a research report on Wednesday, May 31st. BidaskClub downgraded shares of Estee Lauder Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. Deutsche Bank AG reissued a “buy” rating and set a $108.00 price target (up previously from $102.00) on shares of Estee Lauder Companies, Inc. (The) in a research report on Saturday, July 22nd. Jefferies Group LLC reissued a “hold” rating and set a $91.00 price target (up previously from $87.00) on shares of Estee Lauder Companies, Inc. (The) in a research report on Tuesday, April 18th. Finally, Piper Jaffray Companies assumed coverage on shares of Estee Lauder Companies, Inc. (The) in a research report on Monday, May 1st. They set an “overweight” rating and a $93.00 price target for the company. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and sixteen have given a buy rating to the company. Estee Lauder Companies, Inc. (The) presently has a consensus rating of “Buy” and a consensus price target of $99.73.

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Shares of Estee Lauder Companies, Inc. (EL) traded down 1.52% during trading on Thursday, reaching $102.19. 2,684,727 shares of the company’s stock were exchanged. The stock has a market capitalization of $37.59 billion, a price-to-earnings ratio of 34.25 and a beta of 0.72. The stock has a 50 day moving average price of $97.23 and a 200-day moving average price of $90.01. Estee Lauder Companies, Inc. has a 52 week low of $75.30 and a 52 week high of $104.50.

Several institutional investors have recently made changes to their positions in EL. American Beacon Advisors Inc. purchased a new position in shares of Estee Lauder Companies, Inc. (The) during the first quarter valued at about $100,000. Bronfman E.L. Rothschild L.P. increased its position in shares of Estee Lauder Companies, Inc. (The) by 36.3% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 1,298 shares of the company’s stock valued at $110,000 after buying an additional 346 shares during the period. Israel Discount Bank of New York purchased a new position in shares of Estee Lauder Companies, Inc. (The) during the first quarter valued at about $110,000. First Interstate Bank purchased a new position in shares of Estee Lauder Companies, Inc. (The) during the first quarter valued at about $114,000. Finally, Shine Investment Advisory Services Inc. purchased a new position in shares of Estee Lauder Companies, Inc. (The) during the second quarter valued at about $147,000. 54.73% of the stock is owned by institutional investors.

In other news, major shareholder Ronald S. Foundation Lauder sold 16,667 shares of the business’s stock in a transaction on Wednesday, May 17th. The shares were sold at an average price of $92.31, for a total transaction of $1,538,530.77. Following the completion of the transaction, the insider now owns 83,638 shares of the company’s stock, valued at $7,720,623.78. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Charlene Barshefsky sold 2,383 shares of the business’s stock in a transaction on Monday, May 22nd. The shares were sold at an average price of $92.98, for a total transaction of $221,571.34. Following the transaction, the director now directly owns 4,000 shares of the company’s stock, valued at approximately $371,920. The disclosure for this sale can be found here. In the last three months, insiders have sold 86,318 shares of company stock valued at $8,291,130. Corporate insiders own 16.98% of the company’s stock.

About Estee Lauder Companies, Inc. (The)

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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