Estee Lauder Companies (NYSE:EL) Given New $110.00 Price Target at Citigroup

Estee Lauder Companies (NYSE:EL) had its price target lifted by Citigroup from $92.00 to $110.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Citigroup’s price objective indicates a potential upside of 27.39% from the stock’s previous close.

EL has been the topic of several other research reports. Wells Fargo & Company lifted their price objective on Estee Lauder Companies from $75.00 to $85.00 and gave the stock an “equal weight” rating in a report on Monday, May 4th. Weiss Ratings downgraded Estee Lauder Companies from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, May 4th. HSBC downgraded Estee Lauder Companies from a “buy” rating to a “hold” rating and set a $106.00 price objective on the stock. in a report on Tuesday, February 10th. Wall Street Zen downgraded Estee Lauder Companies from a “buy” rating to a “hold” rating in a report on Saturday, April 4th. Finally, Canaccord Genuity Group boosted their price target on Estee Lauder Companies from $80.00 to $85.00 and gave the company a “hold” rating in a report on Monday, May 4th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Estee Lauder Companies currently has an average rating of “Moderate Buy” and a consensus target price of $101.63.

Estee Lauder Companies Trading Up 9.4%

Shares of EL traded up $7.44 during trading hours on Friday, hitting $86.35. The company had a trading volume of 3,179,831 shares, compared to its average volume of 4,357,346. The firm has a market cap of $31.24 billion, a P/E ratio of -123.38, a P/E/G ratio of 0.80 and a beta of 1.22. The stock’s 50 day moving average price is $77.98 and its 200 day moving average price is $94.92. The company has a quick ratio of 0.94, a current ratio of 1.27 and a debt-to-equity ratio of 1.71. Estee Lauder Companies has a 52-week low of $62.57 and a 52-week high of $121.64.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings data on Friday, May 1st. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.66 by $0.25. The firm had revenue of $3.71 billion for the quarter, compared to the consensus estimate of $3.69 billion. Estee Lauder Companies had a positive return on equity of 20.66% and a negative net margin of 1.67%.The company’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.65 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. On average, research analysts predict that Estee Lauder Companies will post 2.41 EPS for the current year.

Institutional Trading of Estee Lauder Companies

Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Estee Lauder Companies by 3.9% during the 4th quarter. Vanguard Group Inc. now owns 27,952,869 shares of the company’s stock valued at $2,927,224,000 after acquiring an additional 1,043,746 shares in the last quarter. Bank of America Corp DE boosted its position in Estee Lauder Companies by 950.9% during the 1st quarter. Bank of America Corp DE now owns 13,843,765 shares of the company’s stock valued at $993,567,000 after acquiring an additional 12,526,471 shares in the last quarter. State Street Corp boosted its position in shares of Estee Lauder Companies by 4.2% in the 4th quarter. State Street Corp now owns 11,585,782 shares of the company’s stock worth $1,213,263,000 after purchasing an additional 467,195 shares in the last quarter. Schroder Investment Management Group boosted its position in shares of Estee Lauder Companies by 185.3% in the 4th quarter. Schroder Investment Management Group now owns 8,140,550 shares of the company’s stock worth $861,596,000 after purchasing an additional 5,286,875 shares in the last quarter. Finally, Independent Franchise Partners LLP boosted its position in shares of Estee Lauder Companies by 1.1% in the 4th quarter. Independent Franchise Partners LLP now owns 7,837,249 shares of the company’s stock worth $820,717,000 after purchasing an additional 83,857 shares in the last quarter. 55.15% of the stock is owned by institutional investors.

Key Estee Lauder Companies News

Here are the key news stories impacting Estee Lauder Companies this week:

• Positive Sentiment: Estée Lauder ended talks over a possible business combination with Puig, which lifted investor sentiment by clearing away merger uncertainty and refocusing attention on the company’s turnaround efforts. The Estée Lauder Companies & Puig End Discussions Regarding a Potential Business Combination
• Positive Sentiment: Multiple reports said EL shares jumped sharply in premarket trading after the deal talks collapsed, suggesting traders are bidding up the stock on hopes that management can now concentrate on restructuring and margin recovery. Estee Lauder and Puig end talks over possible merger
• Positive Sentiment: Investors are also reacting to the view that ending the proposed merger may support the company’s existing “Beauty Reimagined” strategy without the added complexity of a major acquisition. Estée Lauder Ends Acquisition Talks With Spain’s Puig

Estee Lauder Companies Company Profile

Estée Lauder Companies Inc (NYSE: EL) is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.

The company’s portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.