Estee Lauder Companies (NYSE:EL) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Estee Lauder Companies (NYSE:EL) had its target price lifted by analysts at JPMorgan Chase & Co. from $112.00 to $115.00 in a report issued on Monday, Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 8.64% from the stock’s previous close.

Other equities analysts also recently issued reports about the stock. Morgan Stanley boosted their target price on shares of Estee Lauder Companies from $102.00 to $112.00 and gave the stock an “equal weight” rating in a research note on Thursday. Wells Fargo & Company lowered their target price on Estee Lauder Companies from $104.00 to $95.00 and set an “equal weight” rating on the stock in a research report on Monday, October 5th. Barclays upgraded Estee Lauder Companies from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $97.00 to $108.00 in a research note on Monday, October 5th. Canaccord Genuity Group lifted their price objective on shares of Estee Lauder Companies from $85.00 to $90.00 and gave the stock a “hold” rating in a research note on Thursday, August 20th. Finally, Jefferies Financial Group upped their target price on Estee Lauder Companies from $100.00 to $120.00 and gave the stock a “hold” rating in a research note on Monday. Two research 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $106.33.

Estee Lauder Companies Stock Performance

Shares of Estee Lauder Companies stock traded up $1.31 during midday trading on Monday, hitting $105.85. The company had a trading volume of 1,982,366 shares, compared to its average volume of 3,781,387. The company has a debt-to-equity ratio of 1.79, a current ratio of 1.22 and a quick ratio of 0.90. The business’s 50 day simple moving average is $96.88 and its two-hundred day simple moving average is $86.91. Estee Lauder Companies has a 1-year low of $66.22 and a 1-year high of $121.64. The stock has a market cap of $38.30 billion, a PE ratio of 215.97, a P/E/G ratio of 1.21 and a beta of 1.27.

Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings results on Wednesday, August 19th. The company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.32 by $0.07. The firm had revenue of $3.64 billion during 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 for the quarter was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.09 EPS. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. As a group, equities analysts predict that Estee Lauder Companies will post 3.31 EPS for the current fiscal year.

Insider Transactions at Estee Lauder Companies

In other news, Director Paul Fribourg sold 58,000 shares of the company’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $98.17, for a total value of $5,693,860.00. Following the transaction, the director owned 417,300 shares of the company’s stock, valued at approximately $40,966,341. This represents a 12.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Charlene Barshefsky sold 3,775 shares of the company’s stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $98.82, for a total transaction of $373,045.50. Following the sale, the director owned 50,971 shares of the company’s stock, valued at approximately $5,036,954.22. The trade was a 6.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 75,105 shares of company stock valued at $7,423,185 over the last three months. Company insiders own 11.54% of the company’s stock.

Hedge Funds Weigh In On Estee Lauder Companies

A number of institutional investors have recently bought and sold shares of the stock. Trust Co. of Vermont acquired a new stake in Estee Lauder Companies during the 2nd quarter worth $28,000. Kozak & Associates Inc. acquired a new position in shares of Estee Lauder Companies in the 2nd quarter valued at $30,000. IFP Advisors Inc lifted its position in Estee Lauder Companies by 35.2% during the second quarter. IFP Advisors Inc now owns 415 shares of the company’s stock valued at $33,000 after buying an additional 108 shares in the last quarter. Meeder Asset Management Inc. boosted its stake in shares of Estee Lauder Companies by 1,732.5% in the first quarter. Meeder Asset Management Inc. now owns 733 shares of the company’s stock valued at $53,000 after purchasing an additional 693 shares during the period. Finally, MBM Wealth Consultants LLC bought a new position in Estee Lauder Companies during the 1st quarter valued at $94,000. 55.15% of the stock is owned by institutional investors.

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.