Zacks Research Analysts Decrease Earnings Estimates for EL

The Estée Lauder Companies Inc. (NYSE:ELFree Report) – Equities researchers at Zacks Research dropped their Q3 2026 earnings estimates for shares of Estée Lauder Companies in a note issued to investors on Thursday, November 21st. Zacks Research analyst A. Mohta now expects that the company will post earnings per share of $0.86 for the quarter, down from their previous forecast of $0.88. The consensus estimate for Estée Lauder Companies’ current full-year earnings is $1.59 per share.

A number of other equities research analysts have also issued reports on EL. Stifel Nicolaus lowered Estée Lauder Companies from a “buy” rating to a “hold” rating and set a $125.00 target price on the stock. in a research report on Thursday, October 31st. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Estée Lauder Companies from $98.00 to $75.00 and set a “hold” rating on the stock in a research report on Monday, November 4th. Hsbc Global Res downgraded shares of Estée Lauder Companies from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 16th. B. Riley decreased their target price on Estée Lauder Companies from $95.00 to $70.00 and set a “neutral” rating on the stock in a report on Monday, November 4th. Finally, HSBC cut shares of Estée Lauder Companies from a “buy” rating to a “hold” rating and set a $100.00 price target on the stock. in a report on Wednesday, October 16th. Nineteen investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $98.57.

Read Our Latest Stock Analysis on Estée Lauder Companies

Estée Lauder Companies Trading Up 4.3 %

EL opened at $72.97 on Monday. The firm’s fifty day simple moving average is $82.54 and its 200 day simple moving average is $97.63. Estée Lauder Companies has a 12 month low of $62.29 and a 12 month high of $159.75. The stock has a market capitalization of $26.19 billion, a P/E ratio of 130.30, a P/E/G ratio of 4.22 and a beta of 1.05. The company has a current ratio of 1.32, a quick ratio of 0.90 and a debt-to-equity ratio of 1.44.

Estée Lauder Companies (NYSE:ELGet Free Report) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.05. Estée Lauder Companies had a net margin of 1.31% and a return on equity of 17.31%. The company had revenue of $3.36 billion for the quarter, compared to analysts’ expectations of $3.37 billion. During the same period last year, the firm posted $0.11 earnings per share. The business’s quarterly revenue was down 4.5% compared to the same quarter last year.

Estée Lauder Companies Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.92%. The ex-dividend date of this dividend is Friday, November 29th. Estée Lauder Companies’s payout ratio is presently 471.43%.

Insider Buying and Selling at Estée Lauder Companies

In other Estée Lauder Companies news, CEO Fabrizio Freda sold 10,969 shares of the company’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $67.76, for a total transaction of $743,259.44. Following the transaction, the chief executive officer now directly owns 295,838 shares in the company, valued at $20,045,982.88. This represents a 3.58 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Paul J. Fribourg acquired 77,500 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The stock was acquired at an average price of $64.01 per share, with a total value of $4,960,775.00. Following the acquisition, the director now directly owns 234,500 shares of the company’s stock, valued at approximately $15,010,345. This represents a 49.36 % increase in their position. The disclosure for this purchase can be found here. 12.78% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Estée Lauder Companies

Several large investors have recently bought and sold shares of EL. State Street Corp increased its position in Estée Lauder Companies by 9.5% in the 3rd quarter. State Street Corp now owns 10,575,926 shares of the company’s stock valued at $1,054,314,000 after acquiring an additional 913,470 shares during the period. Massachusetts Financial Services Co. MA raised its stake in Estée Lauder Companies by 79.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,723,746 shares of the company’s stock valued at $570,600,000 after purchasing an additional 2,533,006 shares during the last quarter. Geode Capital Management LLC lifted its position in Estée Lauder Companies by 1.5% during the third quarter. Geode Capital Management LLC now owns 4,679,154 shares of the company’s stock worth $464,587,000 after buying an additional 70,307 shares during the period. Van ECK Associates Corp raised its stake in Estée Lauder Companies by 36.4% during the third quarter. Van ECK Associates Corp now owns 4,041,911 shares of the company’s stock worth $402,938,000 after purchasing an additional 1,078,926 shares during the period. Finally, Independent Franchise Partners LLP lifted its stake in shares of Estée Lauder Companies by 44.4% in the 2nd quarter. Independent Franchise Partners LLP now owns 3,466,048 shares of the company’s stock valued at $368,788,000 after purchasing an additional 1,066,320 shares in the last quarter. Hedge funds and other institutional investors own 55.15% of the company’s stock.

About Estée Lauder Companies

(Get Free Report)

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, and powders, as well as compacts, brushes, and other makeup tools.

See Also

Earnings History and Estimates for Estée Lauder Companies (NYSE:EL)

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