Estée Lauder Companies (NYSE:EL – Get Free Report)‘s stock had its “outperform” rating reaffirmed by equities researchers at Telsey Advisory Group in a research note issued on Monday, August 14th, MarketBeat.com reports. They currently have a $210.00 price target on the stock, down from their prior price target of $250.00. Telsey Advisory Group’s price objective indicates a potential upside of 34.02% from the company’s previous close.

Other analysts have also issued research reports about the company. Piper Sandler lowered Estée Lauder Companies from an “overweight” rating to a “neutral” rating and lowered their price target for the company from $265.00 to $195.00 in a report on Monday, July 24th. Stifel Nicolaus lowered their price target on Estée Lauder Companies from $305.00 to $265.00 in a report on Thursday, May 4th. StockNews.com assumed coverage on Estée Lauder Companies in a report on Thursday, May 18th. They issued a “hold” rating for the company. Royal Bank of Canada lowered their price target on Estée Lauder Companies from $290.00 to $265.00 in a report on Thursday, May 4th. Finally, DA Davidson lowered their price target on Estée Lauder Companies from $246.00 to $214.00 and set a “buy” rating for the company in a report on Wednesday, August 2nd. One analyst has rated the stock with a sell rating, ten have issued a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $229.67.

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Estée Lauder Companies Stock Down 3.3 %

Shares of NYSE:EL opened at $156.69 on Monday. Estée Lauder Companies has a 1 year low of $149.45 and a 1 year high of $283.62. The business has a 50 day simple moving average of $184.07 and a two-hundred day simple moving average of $214.57. The firm has a market capitalization of $56.00 billion, a PE ratio of 56.36, a price-to-earnings-growth ratio of 5.97 and a beta of 1.02. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.46 and a quick ratio of 0.99.

Estée Lauder Companies (NYSE:EL – Get Free Report) last announced its earnings results on Friday, August 18th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.11. Estée Lauder Companies had a return on equity of 21.79% and a net margin of 6.32%. The business had revenue of $3.61 billion during the quarter, compared to analyst estimates of $3.48 billion. During the same quarter in the previous year, the business earned $0.42 earnings per share. The company’s revenue for the quarter was up 1.3% compared to the same quarter last year. On average, equities analysts predict that Estée Lauder Companies will post 3.63 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Pinnacle Financial Partners Inc. grew its holdings in shares of Estée Lauder Companies by 2.9% in the fourth quarter. Pinnacle Financial Partners Inc. now owns 1,356 shares of the company’s stock valued at $336,000 after purchasing an additional 38 shares in the last quarter. Desjardins Global Asset Management Inc. grew its holdings in shares of Estée Lauder Companies by 5.8% in the fourth quarter. Desjardins Global Asset Management Inc. now owns 714 shares of the company’s stock valued at $177,000 after purchasing an additional 39 shares in the last quarter. Schechter Investment Advisors LLC grew its holdings in shares of Estée Lauder Companies by 1.2% in the first quarter. Schechter Investment Advisors LLC now owns 3,500 shares of the company’s stock valued at $863,000 after purchasing an additional 41 shares in the last quarter. CNB Bank grew its holdings in shares of Estée Lauder Companies by 2.1% in the fourth quarter. CNB Bank now owns 2,018 shares of the company’s stock valued at $501,000 after purchasing an additional 42 shares in the last quarter. Finally, Connecticut Wealth Management LLC grew its holdings in shares of Estée Lauder Companies by 3.7% in the first quarter. Connecticut Wealth Management LLC now owns 1,167 shares of the company’s stock valued at $288,000 after purchasing an additional 42 shares in the last quarter. Institutional investors and hedge funds own 57.81% of the company’s stock.

About Estée Lauder Companies

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The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers a range of skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, cleansing devices, 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.

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