Estée Lauder Companies (NYSE:EL) Earns Market Perform Rating from Telsey Advisory Group

Telsey Advisory Group reaffirmed their market perform rating on shares of Estée Lauder Companies (NYSE:EL) in a research report released on Thursday, Benzinga reports. Telsey Advisory Group currently has a $155.00 price objective on the stock.

Other equities analysts have also issued research reports about the stock. Citigroup upgraded shares of Estée Lauder Companies from a neutral rating to a buy rating and increased their target price for the stock from $160.00 to $175.00 in a research report on Tuesday, April 2nd. DA Davidson restated a buy rating and issued a $191.00 price objective on shares of Estée Lauder Companies in a research report on Monday, April 22nd. Raymond James raised their price objective on shares of Estée Lauder Companies from $150.00 to $175.00 and gave the company a strong-buy rating in a research report on Tuesday, February 6th. JPMorgan Chase & Co. raised their price objective on shares of Estée Lauder Companies from $150.00 to $167.00 and gave the company an overweight rating in a research report on Tuesday, February 6th. Finally, StockNews.com lowered shares of Estée Lauder Companies from a hold rating to a sell rating in a research report on Wednesday, February 14th. One research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of Hold and an average target price of $168.17.

Estée Lauder Companies Price Performance

Shares of NYSE:EL opened at $147.45 on Thursday. The company has a quick ratio of 0.96, a current ratio of 1.36 and a debt-to-equity ratio of 1.16. The firm has a market capitalization of $52.86 billion, a PE ratio of 113.42, a P/E/G ratio of 3.86 and a beta of 1.07. Estée Lauder Companies has a twelve month low of $102.22 and a twelve month high of $250.63. The company has a 50-day moving average price of $146.86 and a two-hundred day moving average price of $138.23.

Estée Lauder Companies (NYSE:EL) last issued its earnings results on Monday, February 5th. The company reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.33. The firm had revenue of $4.28 billion during the quarter, compared to analyst estimates of $4.19 billion. Estée Lauder Companies had a net margin of 3.08% and a return on equity of 9.78%. The company’s quarterly revenue was down 7.4% on a year-over-year basis. During the same quarter last year, the business earned $1.54 earnings per share. Equities analysts forecast that Estée Lauder Companies will post 2.23 EPS for the current year.

Estée Lauder Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were paid a $0.66 dividend. This represents a $2.64 annualized dividend and a dividend yield of 1.79%. The ex-dividend date was Wednesday, February 28th. Estée Lauder Companies’s payout ratio is 203.08%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Riverview Trust Co bought a new stake in Estée Lauder Companies in the first quarter valued at $26,000. Rakuten Securities Inc. bought a new stake in Estée Lauder Companies in the fourth quarter valued at $26,000. Hexagon Capital Partners LLC boosted its holdings in Estée Lauder Companies by 103.1% in the first quarter. Hexagon Capital Partners LLC now owns 195 shares of the company’s stock valued at $30,000 after acquiring an additional 99 shares in the last quarter. Arlington Trust Co LLC bought a new stake in Estée Lauder Companies in the third quarter valued at $32,000. Finally, Sunbelt Securities Inc. boosted its holdings in Estée Lauder Companies by 82.2% in the third quarter. Sunbelt Securities Inc. now owns 277 shares of the company’s stock valued at $40,000 after acquiring an additional 125 shares in the last quarter. 55.15% of the stock is owned by hedge funds and other 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, nail polishes, and powders, as well as compacts, brushes, and other makeup tools.