Estee Lauder Companies Inc (NYSE:EL)’s share price gapped down prior to trading on Friday . The stock had previously closed at $128.05, but opened at $125.30. Estee Lauder Companies shares last traded at $125.99, with a volume of 40537 shares traded.

A number of brokerages have commented on EL. Wells Fargo & Co downgraded Estee Lauder Companies from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $165.00 to $135.00 in a research note on Thursday. They noted that the move was a valuation call. Goldman Sachs Group downgraded Estee Lauder Companies from a “neutral” rating to a “sell” rating and reduced their price objective for the stock from $171.00 to $116.00 in a research report on Tuesday. Citigroup upgraded Estee Lauder Companies from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $145.00 to $155.00 in a research report on Wednesday, January 2nd. Piper Jaffray Companies reiterated a “buy” rating and set a $151.00 price objective on shares of Estee Lauder Companies in a research report on Monday, December 31st. Finally, Jefferies Financial Group set a $131.00 price objective on Estee Lauder Companies and gave the stock a “hold” rating in a research report on Friday, December 14th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and nineteen have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $149.92.

The firm has a market cap of $46.38 billion, a PE ratio of 27.88, a price-to-earnings-growth ratio of 2.21 and a beta of 0.71. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.75 and a quick ratio of 1.28.

Estee Lauder Companies (NYSE:EL) last announced its earnings results on Wednesday, October 31st. The company reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.19. Estee Lauder Companies had a net margin of 8.48% and a return on equity of 38.29%. The company had revenue of $3.52 billion for the quarter, compared to the consensus estimate of $3.48 billion. During the same period in the previous year, the business earned $1.21 EPS. The company’s revenue was up 7.6% on a year-over-year basis. On average, sell-side analysts predict that Estee Lauder Companies Inc will post 4.83 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Monday, December 17th. Shareholders of record on Friday, November 30th were paid a dividend of $0.43 per share. This is an increase from Estee Lauder Companies’s previous quarterly dividend of $0.38. This represents a $1.72 annualized dividend and a yield of 1.36%. The ex-dividend date was Thursday, November 29th. Estee Lauder Companies’s payout ratio is 38.14%.

In other news, EVP Michael O’hare sold 3,575 shares of the business’s stock in a transaction on Thursday, November 1st. The shares were sold at an average price of $140.58, for a total transaction of $502,573.50. Following the transaction, the executive vice president now directly owns 7,645 shares in the company, valued at approximately $1,074,734.10. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider John Demsey sold 10,010 shares of the business’s stock in a transaction on Friday, November 2nd. The shares were sold at an average price of $143.50, for a total transaction of $1,436,435.00. Following the transaction, the insider now owns 21,402 shares in the company, valued at $3,071,187. The disclosure for this sale can be found here. Over the last three months, insiders have sold 315,510 shares of company stock worth $44,856,835. Company insiders own 16.13% of the company’s stock.

Several institutional investors have recently bought and sold shares of the company. Visionary Asset Management Inc. acquired a new position in Estee Lauder Companies during the 4th quarter worth $266,000. New England Research & Management Inc. lifted its position in Estee Lauder Companies by 118.0% during the 4th quarter. New England Research & Management Inc. now owns 15,150 shares of the company’s stock worth $1,971,000 after acquiring an additional 8,200 shares during the last quarter. Vision Capital Management Inc. lifted its position in Estee Lauder Companies by 0.7% during the 4th quarter. Vision Capital Management Inc. now owns 37,992 shares of the company’s stock worth $4,943,000 after acquiring an additional 246 shares during the last quarter. Copper Rock Capital Partners LLC lifted its position in Estee Lauder Companies by 53.4% during the 4th quarter. Copper Rock Capital Partners LLC now owns 111,380 shares of the company’s stock worth $14,319,000 after acquiring an additional 38,766 shares during the last quarter. Finally, Highwater Wealth Management LLC acquired a new position in Estee Lauder Companies during the 4th quarter worth $89,000. Institutional investors and hedge funds own 54.42% of the company’s stock.

TRADEMARK VIOLATION WARNING: This piece was posted by Daily Political and is the property of of Daily Political. If you are accessing this piece on another publication, it was illegally copied and republished in violation of United States & international copyright and trademark law. The legal version of this piece can be accessed at https://www.dailypolitical.com/2019/01/11/estee-lauder-companies-el-shares-gap-down-to-125-30.html.

Estee Lauder Companies Company Profile (NYSE:EL)

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.

Recommended Story: Asset Allocation Models, Which is Right For You?

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.