Estee Lauder Companies (NYSE:EL) Price Target Raised to $120.00

Estee Lauder Companies (NYSE:EL) had its target price boosted by stock analysts at Jefferies Financial Group from $100.00 to $120.00 in a research note issued on Monday, Benzinga reports. The firm presently has a “hold” rating on the stock. Jefferies Financial Group’s price target indicates a potential upside of 14.68% from the company’s current price.

EL has been the topic of several other reports. UBS Group lifted their price target on Estee Lauder Companies from $86.00 to $106.00 and gave the company a “neutral” rating in a research report on Thursday, August 20th. Morgan Stanley upped their target price on Estee Lauder Companies from $102.00 to $112.00 and gave the company an “equal weight” rating in a report on Thursday. Telsey Advisory Group boosted their price target on shares of Estee Lauder Companies from $90.00 to $108.00 and gave the company a “market perform” rating in a report on Thursday, August 20th. Piper Sandler lifted their price target on Estee Lauder Companies from $95.00 to $115.00 and gave the company an “overweight” rating in a report on Thursday, August 20th. Finally, Wall Street Zen lowered shares of Estee Lauder Companies from a “buy” rating to a “hold” rating in a research report on Saturday, September 26th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $106.19.

Estee Lauder Companies Stock Performance

NYSE EL traded up $0.10 on Monday, hitting $104.64. The stock had a trading volume of 136,527 shares, compared to its average volume of 3,772,631. Estee Lauder Companies has a one year low of $66.22 and a one year high of $121.64. The stock has a market cap of $37.86 billion, a price-to-earnings ratio of 213.74, a P/E/G ratio of 1.21 and a beta of 1.27. The company’s 50-day moving average is $96.88 and its two-hundred day moving average is $86.91. The company has a quick ratio of 0.90, a current ratio of 1.22 and a debt-to-equity ratio of 1.79.

Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings results on Wednesday, August 19th. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.07. The company had revenue of $3.64 billion during the quarter, compared to analyst estimates of $3.55 billion. Estee Lauder Companies had a return on equity of 23.52% and a net margin of 1.21%. The firm’s quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.09 EPS. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. On average, analysts expect that Estee Lauder Companies will post 3.31 earnings per share for the current year.

Insiders Place Their Bets

In related news, VP Rashida La Lande sold 7,766 shares of the business’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $103.32, for a total value of $802,383.12. Following the sale, the vice president owned 14,357 shares of the company’s stock, valued at $1,483,365.24. The trade was a 35.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Paul Fribourg sold 58,000 shares of the business’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $98.17, for a total transaction of $5,693,860.00. Following the completion of the transaction, the director owned 417,300 shares in the company, valued at approximately $40,966,341. This trade represents a 12.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 75,105 shares of company stock worth $7,423,185 over the last quarter. Company insiders own 11.54% of the company’s stock.

Hedge Funds Weigh In On Estee Lauder Companies

Several large investors have recently bought and sold shares of EL. New England Research & Management Inc. acquired a new position in shares of Estee Lauder Companies in the 3rd quarter valued at $473,000. TD Waterhouse Canada Inc. grew its position in shares of Estee Lauder Companies by 15.4% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 21,273 shares of the company’s stock worth $1,920,000 after buying an additional 2,845 shares during the period. Cyndeo Wealth Partners LLC acquired a new position in shares of Estee Lauder Companies during the 3rd quarter worth about $366,000. V Square Quantitative Management LLC raised its position in shares of Estee Lauder Companies by 6.3% in the 3rd quarter. V Square Quantitative Management LLC now owns 7,488 shares of the company’s stock valued at $695,000 after acquiring an additional 445 shares during the period. Finally, Ninety One UK Ltd bought a new position in Estee Lauder Companies during the 3rd quarter worth approximately $134,551,000. 55.15% of the stock is currently owned by institutional investors and hedge funds.

About Estee Lauder Companies

The Estée Lauder Companies Inc (NYSE: EL) is a global prestige beauty company that develops, markets and sells skincare, makeup, fragrance and hair-care products. Its portfolio includes brands such as Estée Lauder, Clinique, M·A·C, La Mer, Jo Malone London, Aveda, Bobbi Brown Cosmetics, Tom Ford Beauty, Le Labo and The Ordinary.

Founded in 1946 by Estée and Joseph Lauder, the company began with four skincare products and has expanded into a multinational beauty business. Its products are sold through department and specialty stores, beauty retailers, brand-operated stores, e-commerce platforms, salons, spas and other distribution channels.

The Estée Lauder Companies serves consumers in markets across the Americas, Europe, the Middle East and Africa, and Asia-Pacific.