Estée Lauder Companies (NYSE:EL) Rating Reiterated by Telsey Advisory Group

Telsey Advisory Group restated their market perform rating on shares of Estée Lauder Companies (NYSE:EL) in a research note released on Thursday, Benzinga reports. The firm currently has a $155.00 price objective on the stock.

Several other research firms also recently weighed in on EL. DA Davidson restated a buy rating and issued a $191.00 price target on shares of Estée Lauder Companies in a research note on Monday, April 22nd. Bank of America upgraded Estée Lauder Companies from a neutral rating to a buy rating and increased their target price for the company from $160.00 to $170.00 in a research report on Thursday, March 28th. Citigroup upgraded Estée Lauder Companies from a neutral rating to a buy rating and increased their target price for the company from $160.00 to $175.00 in a research report on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft downgraded Estée Lauder Companies from a buy rating to a hold rating and set a $146.00 target price for the company. in a research report on Tuesday, January 2nd. Finally, Royal Bank of Canada increased their target price on Estée Lauder Companies from $115.00 to $131.00 and gave the company a sector perform rating in a research report on Tuesday, February 6th. One analyst has rated the stock with a sell rating, fifteen have issued a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Estée Lauder Companies has an average rating of Hold and an average target price of $168.17.

Estée Lauder Companies Trading Up 1.7 %

EL stock opened at $147.45 on Thursday. Estée Lauder Companies has a 1-year low of $102.22 and a 1-year high of $250.63. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.36 and a quick ratio of 0.96. The company has a market capitalization of $52.86 billion, a price-to-earnings ratio of 113.42, a PEG ratio of 3.86 and a beta of 1.07. The business has a 50 day simple moving average of $146.86 and a two-hundred day simple moving average of $138.23.

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

Estée Lauder Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Thursday, February 29th were paid a $0.66 dividend. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $2.64 dividend on an annualized basis and a yield of 1.79%. Estée Lauder Companies’s payout ratio is 203.08%.

Institutional Trading of Estée Lauder Companies

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Wetzel Investment Advisors Inc. increased its stake in Estée Lauder Companies by 8.3% in the first quarter. Wetzel Investment Advisors Inc. now owns 885 shares of the company’s stock worth $128,000 after purchasing an additional 68 shares during the period. Moreno Evelyn V increased its stake in Estée Lauder Companies by 0.5% in the third quarter. Moreno Evelyn V now owns 16,492 shares of the company’s stock worth $2,384,000 after purchasing an additional 75 shares during the period. Tradewinds Capital Management LLC increased its stake in Estée Lauder Companies by 34.1% in the first quarter. Tradewinds Capital Management LLC now owns 295 shares of the company’s stock worth $45,000 after purchasing an additional 75 shares during the period. Cullen Frost Bankers Inc. increased its stake in shares of Estée Lauder Companies by 0.5% during the fourth quarter. Cullen Frost Bankers Inc. now owns 16,682 shares of the company’s stock valued at $2,440,000 after buying an additional 76 shares during the period. Finally, Massmutual Trust Co. FSB ADV increased its stake in shares of Estée Lauder Companies by 25.6% during the first quarter. Massmutual Trust Co. FSB ADV now owns 402 shares of the company’s stock valued at $62,000 after buying an additional 82 shares during the period. Hedge funds and other institutional investors own 55.15% of the company’s stock.

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.