The Estée Lauder Companies Inc. (NYSE:EL) Given Consensus Recommendation of "Hold" by Brokerages

The Estée Lauder Companies Inc. (NYSE:EL - Get Free Report) has earned an average recommendation of "Hold" from the twenty-three research firms that are covering the company, Marketbeat reports. Nineteen research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $86.00.

Several equities analysts have recently issued reports on the company. Wells Fargo & Company lifted their price target on Estée Lauder Companies from $74.00 to $80.00 and gave the company an "equal weight" rating in a research report on Thursday, January 30th. B. Riley lowered 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. UBS Group upped their price target on shares of Estée Lauder Companies from $74.00 to $80.00 and gave the company a "neutral" rating in a report on Thursday, January 16th. Piper Sandler lifted their price objective on shares of Estée Lauder Companies from $91.00 to $98.00 and gave the stock an "overweight" rating in a research note on Wednesday, January 29th. Finally, TD Cowen cut their target price on shares of Estée Lauder Companies from $95.00 to $70.00 and set a "hold" rating for the company in a research note on Friday, November 1st.

Insider Buying and Selling at Estée Lauder Companies

In other news, CFO Akhil Shrivastava purchased 700 shares of the business's stock in a transaction dated Wednesday, February 5th. The stock was bought at an average cost of $65.79 per share, with a total value of $46,053.00. Following the purchase, the chief financial officer now directly owns 2,381 shares of the company's stock, valued at approximately $156,645.99. This trade represents a 41.64 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Paul J. Fribourg purchased 43,000 shares of the stock in a transaction that occurred on Wednesday, February 5th. The stock was purchased at an average cost of $66.35 per share, with a total value of $2,853,050.00. Following the purchase, the director now owns 430,800 shares in the company, valued at $28,583,580. This represents a 11.09 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 12.78% of the company's stock.

Institutional Investors Weigh In On Estée Lauder Companies

Several institutional investors and hedge funds have recently modified their holdings of EL. Ashton Thomas Securities LLC bought a new position in Estée Lauder Companies during the third quarter valued at about $31,000. Ameliora Wealth Management Ltd. bought a new position in shares of Estée Lauder Companies in the 4th quarter valued at approximately $29,000. Deseret Mutual Benefit Administrators lifted its holdings in Estée Lauder Companies by 68.7% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 388 shares of the company's stock worth $29,000 after purchasing an additional 158 shares during the last quarter. Golden State Wealth Management LLC bought a new stake in Estée Lauder Companies during the fourth quarter worth approximately $30,000. Finally, Eagle Bay Advisors LLC grew its holdings in Estée Lauder Companies by 297.0% during the fourth quarter. Eagle Bay Advisors LLC now owns 401 shares of the company's stock valued at $30,000 after purchasing an additional 300 shares during the last quarter. Institutional investors and hedge funds own 55.15% of the company's stock.

Estée Lauder Companies Stock Performance

Shares of NYSE EL traded down $0.84 during midday trading on Thursday, reaching $71.35. 3,230,349 shares of the company traded hands, compared to its average volume of 4,442,388. The company has a market cap of $25.61 billion, a price-to-earnings ratio of -36.59, a PEG ratio of 5.86 and a beta of 1.03. The stock has a 50-day moving average price of $75.39 and a 200 day moving average price of $81.33. Estée Lauder Companies has a 52 week low of $62.29 and a 52 week high of $159.54. The company has a debt-to-equity ratio of 1.75, a current ratio of 1.37 and a quick ratio of 0.97.

Estée Lauder Companies (NYSE:EL - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The company reported $0.62 EPS for the quarter, topping analysts' consensus estimates of $0.32 by $0.30. The company had revenue of $4 billion for the quarter, compared to the consensus estimate of $3.98 billion. Estée Lauder Companies had a negative net margin of 4.61% and a positive return on equity of 16.82%. Estée Lauder Companies's revenue was down 6.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.88 EPS. Sell-side analysts anticipate that Estée Lauder Companies will post 1.36 earnings per share for the current fiscal year.

Estée Lauder Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 28th will be paid a $0.35 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $1.40 annualized dividend and a yield of 1.96%. Estée Lauder Companies's dividend payout ratio is presently -71.79%.

Estée Lauder Companies Company Profile

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.