Estee Lauder Companies (NYSE:EL) Upgraded to “Strong-Buy” at China Intl Cap

China Intl Cap upgraded shares of Estee Lauder Companies (NYSE:EL) to a strong-buy rating in a research report sent to investors on Sunday morning,Zacks reports.

A number of other equities analysts also recently issued reports on EL. Citigroup raised their price objective on shares of Estee Lauder Companies from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, August 20th. Barclays increased their price target on shares of Estee Lauder Companies from $80.00 to $97.00 and gave the stock an “equal weight” rating in a research report on Friday, August 21st. Telsey Advisory Group lifted their price target on shares of Estee Lauder Companies from $90.00 to $108.00 and gave the stock a “market perform” rating in a research note on Thursday, August 20th. Jefferies Financial Group upped their price objective on Estee Lauder Companies from $88.00 to $100.00 and gave the stock a “hold” rating in a research note on Thursday, August 20th. Finally, JPMorgan Chase & Co. raised their target price on Estee Lauder Companies from $94.00 to $112.00 and gave the stock an “overweight” rating in a report on Thursday, August 20th. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Estee Lauder Companies presently has a consensus rating of “Hold” and a consensus target price of $104.67.

Estee Lauder Companies Trading Down 2.4%

Shares of EL stock opened at $99.88 on Friday. The company has a current ratio of 1.22, a quick ratio of 0.90 and a debt-to-equity ratio of 1.79. Estee Lauder Companies has a 12-month low of $66.22 and a 12-month high of $121.64. The stock has a market capitalization of $36.14 billion, a P/E ratio of 203.84, a P/E/G ratio of 1.19 and a beta of 1.25. The firm’s 50 day moving average is $87.34 and its 200 day moving average is $86.33.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings results on Wednesday, August 19th. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.07. The firm had revenue of $3.64 billion for the quarter, compared to analysts’ expectations of $3.55 billion. Estee Lauder Companies had a return on equity of 23.52% and a net margin of 1.21%.The company’s revenue was up 6.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.09 EPS. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. Research analysts expect that Estee Lauder Companies will post 3.3 earnings per share for the current year.

Estee Lauder Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $1.40 annualized dividend and a yield of 1.4%. Estee Lauder Companies’s payout ratio is currently 285.71%.

Insider Buying and Selling at Estee Lauder Companies

In other news, VP Lande Rashida La sold 7,766 shares of the stock in a transaction on Friday, August 28th. The shares were sold at an average price of $103.32, for a total value of $802,383.12. Following the completion of the sale, the vice president directly owned 14,357 shares of the company’s stock, valued at $1,483,365.24. This represents a 35.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 13.05% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Estee Lauder Companies

A number of institutional investors and hedge funds have recently bought and sold shares of the business. REAP Financial Group LLC bought a new stake in Estee Lauder Companies during the 4th quarter valued at approximately $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new position in shares of Estee Lauder Companies in the fourth quarter worth $27,000. Trust Co. of Vermont bought a new position in shares of Estee Lauder Companies during the second quarter worth $28,000. Kozak & Associates Inc. bought a new stake in Estee Lauder Companies in the 2nd quarter valued at $30,000. Finally, DV Equities LLC purchased a new stake in Estee Lauder Companies in the 4th quarter worth $36,000. 55.15% of the stock is owned by institutional investors.

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.