The Estee Lauder Companies Inc. (NYSE:EL) Receives Consensus Rating of “Hold” from Brokerages

The Estee Lauder Companies Inc. (NYSE:EL) has received a consensus rating of “Hold” from the twenty-one analysts that are presently covering the firm, Marketbeat.com reports. Twelve research analysts have rated the stock with a hold recommendation, eight have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $84.50.

Several equities research analysts have recently commented on the company. Evercore ISI upped their price target on Estee Lauder Companies from $90.00 to $100.00 and gave the stock an “outperform” rating in a research note on Thursday, June 26th. B. Riley restated a “neutral” rating and set a $60.00 price target (down previously from $70.00) on shares of Estee Lauder Companies in a research note on Friday, May 2nd. Deutsche Bank Aktiengesellschaft upgraded Estee Lauder Companies from a “hold” rating to a “buy” rating and upped their price target for the stock from $71.00 to $95.00 in a research note on Monday, June 23rd. HSBC upgraded Estee Lauder Companies from a “hold” rating to a “buy” rating and upped their price target for the stock from $80.00 to $99.00 in a research note on Friday, June 27th. Finally, JPMorgan Chase & Co. upgraded Estee Lauder Companies from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $62.00 to $101.00 in a research note on Friday, July 25th.

Estee Lauder Companies Price Performance

EL stock opened at $89.21 on Thursday. The company has a market capitalization of $32.09 billion, a P/E ratio of -36.86, a PEG ratio of 6.47 and a beta of 1.18. Estee Lauder Companies has a twelve month low of $48.37 and a twelve month high of $103.44. The business has a 50 day simple moving average of $82.92 and a 200-day simple moving average of $71.55. The company has a current ratio of 1.41, a quick ratio of 1.02 and a debt-to-equity ratio of 1.68.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC increased its position in Estee Lauder Companies by 1,182.1% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 500 shares of the company’s stock worth $33,000 after purchasing an additional 461 shares in the last quarter. Winthrop Capital Management LLC increased its position in Estee Lauder Companies by 2,240.0% during the 1st quarter. Winthrop Capital Management LLC now owns 585 shares of the company’s stock worth $39,000 after purchasing an additional 560 shares in the last quarter. TD Private Client Wealth LLC increased its position in Estee Lauder Companies by 246.4% during the 2nd quarter. TD Private Client Wealth LLC now owns 478 shares of the company’s stock worth $39,000 after purchasing an additional 340 shares in the last quarter. Golden State Wealth Management LLC increased its position in Estee Lauder Companies by 57.3% during the 1st quarter. Golden State Wealth Management LLC now owns 626 shares of the company’s stock worth $41,000 after purchasing an additional 228 shares in the last quarter. Finally, CVA Family Office LLC increased its position in Estee Lauder Companies by 116.2% during the 1st quarter. CVA Family Office LLC now owns 668 shares of the company’s stock worth $44,000 after purchasing an additional 359 shares in the last quarter. Hedge funds and other institutional investors own 55.15% of the company’s stock.

About Estee 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.