Estee Lauder Companies is a household & personal product company located in New York, United States, which is part of the Consumer Defensive sector, and is traded under the ticker EL on the NYSE exchange.
Estee Lauder Companies stock last closed at $135.84, up 1.86% from the previous day, and has decreased 41.58% in one year. It has underperformed other stocks in the Household & Personal Products industry by 0.4 percentage points. Estee Lauder Companies stock is currently +32.89% from its 52-week low of $102.22, and -52.11% from its 52-week high of $283.62.
At the moment, there are 357.85M EL shares outstanding. The market value of EL is $48.61B. In the past 24 hours, 2.28M EL shares were traded.
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You can view all of the due diligence checks on EL's stock page.
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge EL's fair value.
Using relative valuations measures:
You can do more valuation analysis on EL's stock here.
Out of 23 sell side analysts who research EL, the consensus analyst rating on EL is a Buy
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
Dara Mohsenian, a top 4% analyst from Morgan Stanley maintains EL with a strong buy rating and lowers their EL price target from $200.00 to $134.00, on Nov 2, 2023.
Jason English, a bottom 19% analyst from Goldman Sachs maintains EL with a strong buy rating and lowers their EL price target from $185.00 to $141.00, on Nov 2, 2023.
Dana Telsey, a bottom 1% analyst from Telsey Advisory Group downgrades EL to a hold rating and lowers their EL price target from $210.00 to $115.00, on Nov 2, 2023.
Telsey Advisory Group's Dana Telsey downgraded their rating on Estee Lauder Companies (NYSE: EL) from Buy to Hold on 2023/11/02. The analyst also lowered their price target by 45.2% from $210 to $115.
Even though the Q1 print (released on 2023/11/01) was "a solid start to FY 2024 for Estee Lauder," the analyst said Telsey Advisory is "taking a more cautious view of the remainder of the year."
This is because the firm is weighing in the balance slower growth in prestige beauty in China, an incremental $0.22 per share drag on EPS from business disruptions in Israel and the /Middle East, and ongoing pressure in Asia travel retail, Telsey explained.
Although the growth recovery in the Americas is "encouraging," with Estee Lauder taking steps to improve profitability, China remains "a concern that could alter the company's long-term growth expectations if macro pressures there persist," the analyst cautioned.
For Q1 2024, Estee Lauder reported:
For Q2 2024:
For FY 2024:
President & CEO Fabrizio Freda commented: “In the context of a quarter which we anticipated to be challenging, we delivered our organic sales outlook and exceeded expectations for profitability.
"Momentum continued in many developed and emerging markets around the world, where our organic sales grew strongly, and we realized prestige beauty share gains. Encouragingly, we returned to growth in the U.S., with Fragrance, Makeup and Skin Care all contributing. This performance partially offset the pressures of Asia travel retail and a slower recovery of overall prestige beauty in mainland China.
"While we had a better-than-expected Q1, we are lowering our FY 2024 outlook given incremental external headwinds, namely from the slower growth in overall prestige beauty in Asia travel retail and in mainland China, and the risks of business disruption in Israel and other parts of the Middle East.
"We are accelerating and expanding our profit recovery plan to benefit FY 2025 and 2026, and to realize our ambitions to rebuild profitability despite the external headwinds’ increased pressure on the business in FY 2024.”
Nik Modi, a bottom 3% analyst from RBC Capital downgrades EL to a hold rating and lowers their EL price target from $195.00 to $115.00, on Nov 2, 2023.
Olivia Tong, a top 6% analyst from Raymond James maintains EL with a strong buy rating and lowers their EL price target from $195.00 to $180.00, on Oct 23, 2023.
You can dive deeper into what analysts are forecasting on the Estee Lauder Companies stock forecast page.
Last year, EL earnings were $548.00M. In the past five year, EL's earnings have grown by -13.66% per year. This was slower than the Household & Personal Products industry average of 8.5%.
Last year, EL revenue was $15.50B. During the last five year, EL's revenue has grown by 2.15% per year. This was slower than the Household & Personal Products industry average of 4%.
Dive into EL's earnings and revenue performance here.
Over the past year, executives and large shareholders at EL have sold more shares than they have bought.
Barry S. Sternlicht, Director of EL, was the latest EL insider to buy. They bought $269,502.84 worth of EL shares on Nov 8, 2023.
Dig into more about who owns EL shares here.
Estee Lauder Companies pays a dividend of 1.94%, compared to the Household & Personal Products industry's average dividend yield of 3.24%. If you owned $1,000 worth of EL stock, you would have received $19.43 last year.
Estee Lauder Companies dividend payments have consistently grown over the past decade and have remained stable.
Find more analysis about Estee Lauder Companies dividend yield and history here.
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