The Estée Lauder Companies Inc. to Post Q4 2024 Earnings of $0.27 Per Share, DA Davidson Forecasts (NYSE:EL)

The Estée Lauder Companies Inc. (NYSE:EL) – DA Davidson issued their Q4 2024 earnings per share (EPS) estimates for Estée Lauder Companies in a note issued to investors on Thursday, May 2nd. DA Davidson analyst L. Weiser forecasts that the company will post earnings per share of $0.27 for the quarter. DA Davidson has a “Buy” rating and a $191.00 price objective on the stock. The consensus estimate for Estée Lauder Companies’ current full-year earnings is $2.20 per share.

Estée Lauder Companies (NYSE:EL) last announced its quarterly earnings data on Wednesday, May 1st. The company reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.49. The business had revenue of $3.94 billion for the quarter, compared to the consensus estimate of $3.92 billion. Estée Lauder Companies had a net margin of 4.18% and a return on equity of 13.08%. Estée Lauder Companies’s quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the company posted $0.47 earnings per share.

Several other brokerages have also recently commented on EL. Royal Bank of Canada raised their target price on Estée Lauder Companies from $115.00 to $131.00 and gave the stock a “sector perform” rating in a research report on Tuesday, February 6th. Bank of America raised Estée Lauder Companies from a “neutral” rating to a “buy” rating and raised their target price for the stock from $160.00 to $170.00 in a research report on Thursday, March 28th. Citigroup raised Estée Lauder Companies from a “neutral” rating to a “buy” rating and raised their target price for the stock from $160.00 to $175.00 in a research report on Tuesday, April 2nd. Telsey Advisory Group reissued a “market perform” rating and set a $155.00 price objective on shares of Estée Lauder Companies in a report on Wednesday. Finally, JPMorgan Chase & Co. cut their price objective on Estée Lauder Companies from $169.00 to $145.00 and set an “overweight” rating for the company in a report on Thursday. Seventeen investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $160.92.

Estée Lauder Companies Trading Down 1.5 %

Shares of Estée Lauder Companies stock opened at $132.95 on Friday. The company has a market cap of $47.66 billion, a price-to-earnings ratio of 74.69, a PEG ratio of 3.38 and a beta of 1.07. Estée Lauder Companies has a 1 year low of $102.22 and a 1 year high of $209.64. The company’s fifty day simple moving average is $146.22 and its 200-day simple moving average is $138.23. The company has a current ratio of 1.58, a quick ratio of 0.96 and a debt-to-equity ratio of 1.26.

Estée Lauder Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 17th. Investors of record on Friday, May 31st will be given a $0.66 dividend. The ex-dividend date of this dividend is Thursday, May 30th. This represents a $2.64 dividend on an annualized basis and a yield of 1.99%. Estée Lauder Companies’s payout ratio is 148.32%.

Institutional Trading of Estée Lauder Companies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Wetzel Investment Advisors Inc. increased its position in Estée Lauder Companies by 8.3% in the first quarter. Wetzel Investment Advisors Inc. now owns 885 shares of the company’s stock worth $128,000 after purchasing an additional 68 shares during the period. Tradewinds Capital Management LLC increased its position in Estée Lauder Companies by 34.1% in the first quarter. Tradewinds Capital Management LLC now owns 295 shares of the company’s stock worth $45,000 after purchasing an additional 75 shares during the period. Cullen Frost Bankers Inc. increased its position in Estée Lauder Companies by 0.5% in the fourth quarter. Cullen Frost Bankers Inc. now owns 16,682 shares of the company’s stock worth $2,440,000 after purchasing an additional 76 shares during the period. Haverford Trust Co increased its position in Estée Lauder Companies by 2.3% in the first quarter. Haverford Trust Co now owns 3,409 shares of the company’s stock worth $525,000 after purchasing an additional 78 shares during the period. Finally, Massmutual Trust Co. FSB ADV increased its position in Estée Lauder Companies by 25.6% in the first quarter. Massmutual Trust Co. FSB ADV now owns 402 shares of the company’s stock worth $62,000 after purchasing an additional 82 shares during the period. 55.15% of the stock is currently owned by institutional investors and hedge funds.

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, nail polishes, and powders, as well as compacts, brushes, and other makeup tools.