Estee Lauder Companies (NYSE:EL) Stock Price Expected to Rise, Canaccord Genuity Group Analyst Says

Estee Lauder Companies (NYSE:EL) had its price target raised by research analysts at Canaccord Genuity Group from $80.00 to $85.00 in a note issued to investors on Monday,Benzinga reports. The brokerage presently has a “hold” rating on the stock. Canaccord Genuity Group’s target price points to a potential upside of 4.80% from the stock’s current price.

Several other equities analysts have also recently weighed in on EL. TD Cowen decreased their price objective on Estee Lauder Companies from $130.00 to $115.00 and set a “hold” rating for the company in a report on Monday, February 9th. Royal Bank Of Canada reiterated an “outperform” rating and set a $113.00 price target on shares of Estee Lauder Companies in a report on Tuesday, February 3rd. Wells Fargo & Company lowered their price target on Estee Lauder Companies from $90.00 to $75.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 8th. Wall Street Zen downgraded Estee Lauder Companies from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. Finally, UBS Group lowered their price target on Estee Lauder Companies from $107.00 to $75.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 7th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $99.67.

Estee Lauder Companies Stock Up 2.3%

Shares of NYSE EL traded up $1.81 during mid-day trading on Monday, hitting $81.11. The company had a trading volume of 1,804,046 shares, compared to its average volume of 4,515,365. The company has a market capitalization of $29.34 billion, a PE ratio of -115.72, a price-to-earnings-growth ratio of 0.92 and a beta of 1.22. The firm has a 50-day simple moving average of $83.69 and a two-hundred day simple moving average of $96.47. The company has a current ratio of 1.27, a quick ratio of 0.94 and a debt-to-equity ratio of 1.71. Estee Lauder Companies has a one year low of $56.66 and a one year high of $121.64.

Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings data on Friday, May 1st. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.25. The company had revenue of $3.71 billion during the quarter, compared to analysts’ expectations of $3.69 billion. Estee Lauder Companies had a positive return on equity of 20.66% and a negative net margin of 1.67%.Estee Lauder Companies’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.65 EPS. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. On average, equities analysts expect that Estee Lauder Companies will post 2.22 EPS for the current year.

Hedge Funds Weigh In On Estee Lauder Companies

A number of institutional investors have recently bought and sold shares of EL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Estee Lauder Companies by 4.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,898 shares of the company’s stock worth $1,709,000 after acquiring an additional 1,177 shares during the last quarter. NewEdge Advisors LLC lifted its position in Estee Lauder Companies by 33.4% during the first quarter. NewEdge Advisors LLC now owns 6,992 shares of the company’s stock worth $462,000 after acquiring an additional 1,749 shares during the last quarter. Empowered Funds LLC lifted its position in Estee Lauder Companies by 24.1% during the first quarter. Empowered Funds LLC now owns 4,619 shares of the company’s stock worth $305,000 after acquiring an additional 898 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in Estee Lauder Companies by 23.2% during the second quarter. EverSource Wealth Advisors LLC now owns 997 shares of the company’s stock worth $81,000 after acquiring an additional 188 shares during the last quarter. Finally, First Trust Advisors LP lifted its position in Estee Lauder Companies by 55.5% during the second quarter. First Trust Advisors LP now owns 13,522 shares of the company’s stock worth $1,093,000 after acquiring an additional 4,826 shares during the last quarter. Institutional investors and hedge funds own 55.15% of the company’s stock.

About Estee Lauder Companies

Estée Lauder Companies Inc (NYSE: EL) is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.

The company’s portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.