Jefferies Financial Group Forecasts Strong Price Appreciation for Estee Lauder Companies (NYSE:EL) Stock

Estee Lauder Companies (NYSE:EL) had its target price lifted by equities researchers at Jefferies Financial Group from $100.00 to $120.00 in a report released on Monday, Benzinga reports. The firm currently has a “hold” rating on the stock. Jefferies Financial Group’s target price would indicate a potential upside of 14.68% from the stock’s previous close.

A number of other research analysts also recently issued reports on the stock. Canaccord Genuity Group boosted their price objective on shares of Estee Lauder Companies from $85.00 to $90.00 and gave the company a “hold” rating in a research report on Thursday, August 20th. Piper Sandler boosted their price target on shares of Estee Lauder Companies from $95.00 to $115.00 and gave the stock an “overweight” rating in a research report on Thursday, August 20th. B. Riley Financial restated a “neutral” rating and set a $100.00 price objective (up from $85.00) on shares of Estee Lauder Companies in a report on Thursday, August 20th. China Intl Cap upgraded shares of Estee Lauder Companies to a “strong-buy” rating in a report on Sunday, August 30th. Finally, JPMorgan Chase & Co. lifted their price target on shares of 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, nine have assigned a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $106.19.

Estee Lauder Companies Price Performance

Shares of EL traded up $0.10 during mid-day trading on Monday, reaching $104.64. 136,527 shares of the stock traded hands, compared to its average volume of 3,772,631. The company has a market cap of $37.86 billion, a price-to-earnings ratio of 213.74, a price-to-earnings-growth ratio of 1.21 and a beta of 1.27. Estee Lauder Companies has a 1 year low of $66.22 and a 1 year high of $121.64. The firm has a fifty day moving average price of $96.88 and a 200 day moving average price of $86.91. 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 (NYSE:EL) last issued its quarterly earnings data on Wednesday, August 19th. The company reported $0.39 EPS for the quarter, topping the consensus estimate 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%. Estee Lauder Companies’s revenue was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.09 earnings per share. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. As a group, equities research analysts predict that Estee Lauder Companies will post 3.31 earnings per share for the current year.

Insiders Place Their Bets

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

Institutional Trading of Estee Lauder Companies

Hedge funds have recently made changes to their positions in the business. Bank of America Corp DE boosted its holdings in Estee Lauder Companies by 950.9% in the first quarter. Bank of America Corp DE now owns 13,843,765 shares of the company’s stock valued at $993,567,000 after purchasing an additional 12,526,471 shares during the last quarter. Amundi boosted its stake in Estee Lauder Companies by 33.8% during the 1st quarter. Amundi now owns 1,909,911 shares of the company’s stock valued at $137,074,000 after acquiring an additional 482,185 shares during the last quarter. Ninety One UK Ltd bought a new stake in shares of Estee Lauder Companies in the 3rd quarter worth about $134,551,000. Dimensional Fund Advisors LP raised its stake in shares of Estee Lauder Companies by 44.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,192,531 shares of the company’s stock valued at $85,559,000 after purchasing an additional 365,651 shares in the last quarter. Finally, Tidal Investments LLC grew its stake in Estee Lauder Companies by 24.9% in the second quarter. Tidal Investments LLC now owns 1,137,758 shares of the company’s stock worth $89,826,000 after purchasing an additional 226,888 shares in the last quarter. Institutional investors and hedge funds own 55.15% of the company’s stock.

Estee Lauder Companies Company Profile

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.