The Estee Lauder Companies Inc. (NYSE:EL) saw a downside of -0.30% to close Monday at $170.15 after subtracting -$0.51 on the day. The 5-day average trading volume is 2,924,000 shares of the company’s common stock. It has gained $178.36 in the past week and touched a new high 1 time within the past 5 days. An average of 2,679,515 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,466,132.
EL’s 1-month performance is -11.59% or -$22.31 on its low of $169.23 reached on 08/07/23. The company’s shares have touched a 52-week low of $170.05 and high of $284.45, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, EL has lost -31.42% or -$77.96 and has reached a new high 9 times. However, the current price is down -40.18% from the 52-week high price.
Insider Transactions
EL stock investors last saw insider trading activity on May 16.Hertzmark Hudis Jane (Executive Group President) most recently sold 9,869 shares at $199.95 per share on May 16. This transaction cost the insider $1,973,297. Executive Group President, Hertzmark Hudis Jane, sold 43,311 shares at a price of $202.09 on May 11. Then, on Feb 13, EVP Research Prod & Innovation Haney Carl P. sold 9,741 shares at a price of $253.90 per share. This transaction amounted to $2,473,240.
Valuation Metrics
EL stock has a beta of 1.03. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.86 while the price-to-book (PB) in the most recent quarter is 10.36, with the price to cash flow ratio at 428.21.
The Estee Lauder Companies Inc.’s quick ratio for the period ended March 30 was 1.10, with the current ratio over the same period at 1.50. As well, the company’s long term debt to equity for the quarter ending March 30 was 0.87, while the total debt to equity was 1.25. In terms of profitability, the gross margin trailing 12 months is 72.10%. The trailing 12-month EBITDA margin is 24.24% while for the period ending March 30, The Estee Lauder Companies Inc.’s operating margin was 10.00%. The firm’s gross profit as reported stood at $13.43 billion against revenue of $17.74 billion.
Earnings Surprise
For the quarterly period ending March 30 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income shrunk -257.69% to $156.0 million, while revenue of $394.0 million was -152.56% off the previous quarter. Analysts expected EL to announce $0.51 per share in earnings in its latest quarter, but it posted $0.47, representing a -7.80% surprise. EBITDA for the quarter stood at more than $486.0 million. EL stock balance sheet for the quarter ending March 30 shows that total liabilities totaled 16.84 billion, with total debt at $9.6 billion. Shareholders hold equity totaling $357.41 million.
Let’s look briefly at The Estee Lauder Companies Inc. (EL) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 07 August was 27.77% to suggest the stock is trending oversold, with historical volatility in this time period at 29.05%.
The stock’s 5-day moving average is $172.04, reflecting a -5.47% or -$9.85 change from its current price. EL is currently trading -11.93% above its 20-day SMA, -29.23% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -10.40% and SMA200 by-20.95%.
Stochastic %K and %D was 3.76% and 5.56% and the average true range (ATR) pointed at 4.31. The RSI (14) points at 31.78%, while the 14-day stochastic is at 4.16% with the period’s ATR at 4.50. The stock’s 9-day MACD Oscillator is pointing at -3.80 and -6.29 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for The Estee Lauder Companies Inc. (NYSE: EL), Citigroup downgraded it to a Neutral rating. They previously had a Buy rating on the stock. Analysts offering their rating for EL stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate EL as a “sell,”, while 13 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 3 rates the stock as overweight while 14 have offered a “buy” rating.
What is EL’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $160.00 and a high of $265.00, with their median price target at $215.00. Looking at these predictions, the average price target given by analysts is for The Estee Lauder Companies Inc. (EL) stock is $220.64.
