Estée Lauder Companies (NYSE:EL) Hits New 12-Month Low at $95.81

The Estée Lauder Companies Inc. (NYSE:EL) shares reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $95.81 and last traded at $96.63, with a volume of 1270079 shares trading hands. The stock had previously closed at $99.61.

Wall Street Analyst Weigh In

A number of analysts recently commented on EL shares. Bernstein Bank raised their price target on Estée Lauder Companies from $155.00 to $160.00 in a research note on Wednesday, May 1st. UBS Group raised shares of Estée Lauder Companies to a “hold” rating in a research report on Friday, July 12th. The Goldman Sachs Group reduced their price target on shares of Estée Lauder Companies from $130.00 to $115.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 17th. Bank of America lowered their price objective on shares of Estée Lauder Companies from $170.00 to $140.00 and set a “buy” rating for the company in a report on Wednesday, July 10th. Finally, Citigroup reduced their target price on Estée Lauder Companies from $175.00 to $135.00 and set a “buy” rating on the stock in a report on Wednesday, July 10th. Fifteen investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $147.87.

Estée Lauder Companies Trading Down 1.7 %

The company has a 50-day moving average of $109.50 and a 200 day moving average of $130.19. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.58 and a quick ratio of 1.15. The company has a market cap of $34.24 billion, a PE ratio of 53.65, a price-to-earnings-growth ratio of 1.79 and a beta of 0.99.

Estée Lauder Companies (NYSE:EL) last released its earnings results on Wednesday, May 1st. The company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.49. The firm had revenue of $3.94 billion for the quarter, compared to the consensus estimate of $3.92 billion. Estée Lauder Companies had a return on equity of 13.08% and a net margin of 4.18%. The company’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.47 EPS. Analysts predict that The Estée Lauder Companies Inc. will post 2.21 earnings per share for the current year.

Insider Transactions at Estée Lauder Companies

In other news, EVP Jane Lauder sold 14,976 shares of the stock in a transaction that occurred on Thursday, May 30th. The stock was sold at an average price of $121.26, for a total value of $1,815,989.76. Following the sale, the executive vice president now directly owns 57,389 shares in the company, valued at $6,958,990.14. The sale was disclosed in a document filed with the SEC, which is available at this link. In other Estée Lauder Companies news, insider Peter Jueptner sold 12,786 shares of the company’s stock in a transaction dated Wednesday, May 22nd. The shares were sold at an average price of $130.62, for a total value of $1,670,107.32. Following the transaction, the insider now directly owns 5,578 shares in the company, valued at approximately $728,598.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Jane Lauder sold 14,976 shares of Estée Lauder Companies stock in a transaction that occurred on Thursday, May 30th. The shares were sold at an average price of $121.26, for a total transaction of $1,815,989.76. Following the sale, the executive vice president now directly owns 57,389 shares of the company’s stock, valued at approximately $6,958,990.14. The disclosure for this sale can be found here. In the last quarter, insiders sold 42,255 shares of company stock worth $5,453,232. 12.77% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of Estée Lauder Companies by 6.4% in the first quarter. Vanguard Group Inc. now owns 20,686,550 shares of the company’s stock valued at $3,188,832,000 after acquiring an additional 1,250,555 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in Estée Lauder Companies by 13.6% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,151,580 shares of the company’s stock valued at $607,169,000 after buying an additional 496,308 shares during the period. Norges Bank bought a new position in Estée Lauder Companies in the fourth quarter worth approximately $518,975,000. Clearbridge Investments LLC lifted its holdings in Estée Lauder Companies by 4.6% during the first quarter. Clearbridge Investments LLC now owns 3,163,232 shares of the company’s stock worth $487,612,000 after buying an additional 140,416 shares during the period. Finally, Van ECK Associates Corp boosted its position in Estée Lauder Companies by 12.0% during the second quarter. Van ECK Associates Corp now owns 2,962,985 shares of the company’s stock valued at $315,262,000 after purchasing an additional 318,257 shares in the last quarter. 55.15% of the stock is currently owned by hedge funds and other institutional investors.

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.