Estée Lauder Companies (NYSE:EL) Earns Market Perform Rating from Oppenheimer

Oppenheimer reiterated their market perform rating on shares of Estée Lauder Companies (NYSE:EL) in a report issued on Monday morning, Benzinga reports.

Other equities analysts have also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft cut shares of Estée Lauder Companies from a buy rating to a hold rating and set a $146.00 price objective on the stock. in a research note on Tuesday, January 2nd. StockNews.com downgraded Estée Lauder Companies from a hold rating to a sell rating in a report on Wednesday, February 14th. Barclays raised their target price on Estée Lauder Companies from $141.00 to $146.00 and gave the stock an equal weight rating in a report on Friday, April 12th. DA Davidson reaffirmed a buy rating and issued a $179.00 price target on shares of Estée Lauder Companies in a research note on Tuesday, April 2nd. Finally, Citigroup upgraded shares of Estée Lauder Companies from a neutral rating to a buy rating and increased their price target for the company from $160.00 to $175.00 in a research report on Tuesday, April 2nd. One equities research analyst has rated the stock with a sell rating, fifteen have given a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of Hold and an average price target of $168.00.

Estée Lauder Companies Stock Performance

Shares of NYSE:EL opened at $144.81 on Monday. The business has a fifty day moving average of $146.56 and a 200-day moving average of $138.07. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.96 and a current ratio of 1.36. Estée Lauder Companies has a twelve month low of $102.22 and a twelve month high of $260.46. The firm has a market cap of $51.91 billion, a PE ratio of 111.39, a price-to-earnings-growth ratio of 3.57 and a beta of 1.07.

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

Estée Lauder Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Thursday, February 29th were given a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.82%. The ex-dividend date was Wednesday, February 28th. Estée Lauder Companies’s dividend payout ratio (DPR) is presently 203.08%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of EL. Rakuten Securities Inc. bought a new stake in shares of Estée Lauder Companies during the 4th quarter worth about $26,000. Riverview Trust Co bought a new stake in shares of Estée Lauder Companies during the 1st quarter worth about $26,000. Quarry LP bought a new stake in shares of Estée Lauder Companies during the 4th quarter worth about $29,000. Hexagon Capital Partners LLC boosted its holdings in shares of Estée Lauder Companies by 103.1% during the 1st quarter. Hexagon Capital Partners LLC now owns 195 shares of the company’s stock worth $30,000 after buying an additional 99 shares during the period. Finally, Arlington Trust Co LLC bought a new stake in shares of Estée Lauder Companies during the 3rd quarter worth about $32,000. Institutional investors own 55.15% of the company’s stock.

Estée Lauder Companies Company Profile

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.