Zacks Research Issues Pessimistic Estimate for EL Earnings

The Estée Lauder Companies Inc. (NYSE:EL - Free Report) - Research analysts at Zacks Research lowered their Q3 2026 EPS estimates for shares of Estée Lauder Companies in a report released on Thursday, November 21st. Zacks Research analyst A. Mohta now expects that the company will post earnings of $0.86 per share for the quarter, down from their prior forecast of $0.88. The consensus estimate for Estée Lauder Companies' current full-year earnings is $1.59 per share.

Estée Lauder Companies (NYSE:EL - Get Free Report) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.14 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $3.36 billion for the quarter, compared to analysts' expectations of $3.37 billion. During the same period in the previous year, the company earned $0.11 earnings per share. The firm's revenue for the quarter was down 4.5% compared to the same quarter last year.

A number of other research analysts also recently issued reports on the company. DA Davidson restated a "buy" rating and issued a $81.00 price objective on shares of Estée Lauder Companies in a research note on Wednesday, November 20th. Stifel Nicolaus lowered shares of Estée Lauder Companies from a "buy" rating to a "hold" rating and set a $125.00 price target for the company. in a research report on Thursday, October 31st. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Estée Lauder Companies from $98.00 to $75.00 and set a "hold" rating for the company in a report on Monday, November 4th. Piper Sandler boosted their target price on shares of Estée Lauder Companies from $114.00 to $122.00 and gave the company an "overweight" rating in a research note on Monday, September 30th. Finally, Telsey Advisory Group reissued a "market perform" rating and set a $105.00 target price on shares of Estée Lauder Companies in a research report on Thursday, October 31st. Nineteen investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $98.57.

Estée Lauder Companies Stock Performance

Shares of EL stock traded up $3.04 during trading on Monday, hitting $72.97. The company's stock had a trading volume of 10,197,581 shares, compared to its average volume of 3,522,604. The company has a current ratio of 1.32, a quick ratio of 0.90 and a debt-to-equity ratio of 1.44. The company has a market cap of $26.19 billion, a PE ratio of 124.88, a P/E/G ratio of 4.22 and a beta of 1.05. The business has a fifty day moving average of $82.78 and a 200-day moving average of $98.04. Estée Lauder Companies has a 52 week low of $62.29 and a 52 week high of $159.75.

Estée Lauder Companies Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be issued a $0.35 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $1.40 annualized dividend and a dividend yield of 1.92%. Estée Lauder Companies's payout ratio is currently 471.43%.

Insider Buying and Selling

In other Estée Lauder Companies news, Director Charlene Barshefsky sold 3,437 shares of the business's stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $91.93, for a total value of $315,963.41. Following the completion of the transaction, the director now owns 49,800 shares of the company's stock, valued at $4,578,114. The trade was a 6.46 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Paul J. Fribourg acquired 77,500 shares of the stock in a transaction dated Friday, November 15th. The shares were bought at an average price of $64.01 per share, for a total transaction of $4,960,775.00. Following the transaction, the director now owns 234,500 shares in the company, 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 institutional investors have recently modified their holdings of EL. State Street Corp grew its position in Estée Lauder Companies by 9.5% during the third 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 last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of Estée Lauder Companies by 79.4% during 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 stake in Estée Lauder Companies by 1.5% in the third quarter. Geode Capital Management LLC now owns 4,679,154 shares of the company's stock worth $464,587,000 after purchasing an additional 70,307 shares during the last quarter. Van ECK Associates Corp boosted its position 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 valued at $402,938,000 after buying an additional 1,078,926 shares during the period. Finally, Independent Franchise Partners LLP grew its stake in shares of Estée Lauder Companies by 44.4% during the second quarter. Independent Franchise Partners LLP now owns 3,466,048 shares of the company's stock valued at $368,788,000 after buying an additional 1,066,320 shares during the last quarter. 55.15% of the stock is currently owned by institutional investors.

About Estée Lauder Companies

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.