Estée Lauder Companies (NYSE:EL) PT Raised to $150.00

Estée Lauder Companies (NYSE:EL) had its price objective upped by equities research analysts at Barclays from $146.00 to $150.00 in a research note issued on Thursday, Benzinga reports. The firm presently has an “equal weight” rating on the stock. Barclays‘s target price would suggest a potential upside of 1.73% from the stock’s previous close.

A number of other equities research analysts have also issued reports on the stock. Oppenheimer reaffirmed a “market perform” rating on shares of Estée Lauder Companies in a report on Monday, April 15th. Deutsche Bank Aktiengesellschaft lowered shares of Estée Lauder Companies from a “buy” rating to a “hold” rating and set a $146.00 price objective for the company. in a report on Tuesday, January 2nd. StockNews.com lowered shares of Estée Lauder Companies from a “hold” rating to a “sell” rating in a report on Wednesday, February 14th. The Goldman Sachs Group began coverage on shares of Estée Lauder Companies in a report on Friday, March 1st. They set a “neutral” rating and a $145.00 price objective for the company. Finally, DA Davidson reissued a “buy” rating and issued a $191.00 target price on shares of Estée Lauder Companies in a report on Monday, April 22nd. One analyst has rated the stock with a sell rating, fifteen have assigned a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $168.17.

Estée Lauder Companies Trading Up 1.7 %

Estée Lauder Companies stock opened at $147.45 on Thursday. The firm has a 50 day moving average of $146.86 and a 200 day moving average of $138.25. The firm has a market capitalization of $52.86 billion, a price-to-earnings ratio of 113.42, a P/E/G ratio of 3.80 and a beta of 1.07. Estée Lauder Companies has a 12-month low of $102.22 and a 12-month high of $250.63. The company has a current ratio of 1.36, a quick ratio of 0.96 and a debt-to-equity ratio of 1.16.

Estée Lauder Companies (NYSE:EL) last released its earnings results on Monday, February 5th. The company reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.33. Estée Lauder Companies had a net margin of 3.08% and a return on equity of 9.78%. The company had revenue of $4.28 billion during the quarter, compared to analyst estimates of $4.19 billion. During the same period in the prior year, the firm posted $1.54 EPS. The firm’s quarterly revenue was down 7.4% compared to the same quarter last year. As a group, research analysts predict that Estée Lauder Companies will post 2.23 earnings per share for the current year.

Institutional Trading of Estée Lauder Companies

Several institutional investors and hedge funds have recently made changes to their positions in EL. Rakuten Securities Inc. bought a new stake in shares of Estée Lauder Companies during the fourth quarter worth $26,000. Riverview Trust Co bought a new stake in shares of Estée Lauder Companies during the first quarter worth $26,000. Hexagon Capital Partners LLC lifted its position in shares of Estée Lauder Companies by 103.1% during the first quarter. Hexagon Capital Partners LLC now owns 195 shares of the company’s stock worth $30,000 after purchasing an additional 99 shares during the last quarter. Arlington Trust Co LLC bought a new stake in shares of Estée Lauder Companies during the third quarter worth $32,000. Finally, Exchange Traded Concepts LLC lifted its position in shares of Estée Lauder Companies by 1,900.0% during the third quarter. Exchange Traded Concepts LLC now owns 280 shares of the company’s stock worth $40,000 after purchasing an additional 266 shares during the last quarter. 55.15% of the stock is currently owned by institutional investors.

About Estée Lauder Companies

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as compacts, brushes, and other makeup tools.