At the time of writing, Estee Lauder Cos., Inc. [EL] stock is trading at $145.43, up 0.39%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The EL shares have gain 0.78% over the last week, with a monthly amount drifted -4.37%, and not seem to be holding up well over a long-time horizon.
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On 11, April 2024, Estée Lauder Signs Korean Singer and Actress IU as New Global Brand Ambassador. In a post published today on Yahoo Finance, Estée Lauder today announced that it has signed acclaimed Korean singer, songwriter and actress, IU, as its newest Global Brand Ambassador. IU will be Estée Lauder’s first Korean Global Brand Ambassador and will be featured in campaigns for the brand’s hero franchises, Advanced Night Repair and Double Wear. IU’s first campaign will debut in April 2024. IU joins the current roster of Estée Lauder Global Ambassadors, including Ana de Armas, Amanda Gorman, Bianca Brandolini D’Adda, Carolyn Murphy, Grace Elizabeth, Imaan Hammam, Karlie Kloss, Manushi Chhillar and Yang Mi.
From an analyst’s perspective:
Estee Lauder Cos., Inc. [NYSE: EL] stock has seen the most recent analyst activity on April 02, 2024, when Citigroup upgraded its rating to a Buy and also boosted its price target to $175 from $160. Previously, BofA Securities upgraded its rating to Buy on March 28, 2024, and kept the price target unchanged to $170. Telsey Advisory Group reiterated its Market Perform rating and increased its price target to $155 on February 06, 2024. Deutsche Bank downgraded its rating to a Hold but $146 remained the price target by the analyst firm on January 02, 2024. DA Davidson reiterated a Buy rating for this stock on November 29, 2023, and upped its price target to $163. In a note dated November 28, 2023, HSBC Securities initiated an Buy rating and provided a target price of $180 on this stock.
For the past year, the stock price of Estee Lauder Cos., Inc. fluctuated between $102.22 and $260.46. Currently, Wall Street analysts expect the stock to reach $306.44 within the next 12 months. Estee Lauder Cos., Inc. [NYSE: EL] shares were valued at $145.43 at the most recent close of the market. An investor can expect a potential return of 110.71% based on the average EL price forecast.
Analyzing the EL fundamentals
According to Estee Lauder Cos., Inc. [NYSE:EL], the company’s sales were 15.11B for trailing twelve months, which represents an -7.20% plunge. Gross Profit Margin for this corporation currently stands at 0.7% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.08 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.49.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 143.41 points at the first support level, and at 141.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 146.74, and for the 2nd resistance point, it is at 148.06.
Estee Lauder Cos., Inc. [EL] reported earnings per share of $0.88 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.55/share, meaning a difference of $0.33 and a surprise factor of 60.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.11 per share as compared to estimates of -$0.2 per share, a difference of $0.31 representing a surprise of 155.00%.
Ratios To Look Out For
It is important to note that Estee Lauder Cos., Inc. [NYSE:EL] has a current ratio of 1.36. As well, the Quick Ratio is 0.96, while the Cash Ratio is 0.6. Considering the valuation of this stock, the price to sales ratio is 3.45, the price to book ratio is 9.13 and price to earnings (TTM) ratio is 112.28.
Transactions by insiders
Recent insider trading involved Hyman Jennifer, Director, that happened on Feb 07 ’24 when 1350.0 shares were purchased. EVP & General Counsel, Stanley Deirdre completed a deal on Feb 07 ’24 to sell 4343.0 shares. Meanwhile, Executive Vice President & CDO LAUDER JANE sold 12661.0 shares on Aug 23 ’23.
