The Estee Lauder Companies Inc. (NYSE:EL) finished Thursday with a subtraction of -$2.14 to close at $150.73, a downside of -1.40 percent. An average of 4,916,160 shares of common stock have been traded in the last five days. There was a fall of -$11.33 in the past week, and it reached a new high 4 times over the past 12 months. The last 20 days have seen an average of 3,288,285 shares traded, while the 50-day average volume stands at 2,718,540.
EL stock has decreased by -15.35% in the last month. The company shares reached their 1-month lowest point of $147.18 on 08/22/23. With the stock rallying to its 52-week high on 02/02/23, shares of the company touched a low of $147.18 and a high of $283.62 in 52 weeks. It has reached a new high 9 times so far this year and lost -39.25% or -$97.38 in price. In spite of this, the price is down -46.86% from the 52-week high.
Insider Transactions
EL stock investors should be aware that The Estee Lauder Companies Inc. (EL) stock had its last reported insider trading activity 2 days ago on Aug 23. In this transaction, the insider spent $1,933,968. Director, BARSHEFSKY CHARLENE, disposed of 1,796 shares at a price of $151.93 on Aug 23. The insider now owns more than $272,866 worth of shares. Prior to that, Executive Group President Hertzmark Hudis Jane went on to Sale 9,869 shares at $199.95 each on May 16. An amount of $1,973,297 was transacted.
Valuation Metrics
The Estee Lauder Companies Inc. (EL) has a trailing price-to-earnings (P/E) ratio of 49.88. The stock’s beta is 1.05. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.51, the price-to-book (PB) ratio at 9.18, and the price-to-cash flow ratio at 58.96.
Financial Health
The quick ratio of The Estee Lauder Companies Inc. for the three months ended June 29 was 1.10, and the current ratio was 1.50, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.87 and a total debt to equity ratio of 1.25 for the quarter ending June 29. Its gross profit as reported stood at $11.35 billion compared to revenue of $15.91 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, The Estee Lauder Companies Inc.’s return on assets was 7.10%.
Earnings Surprise
For the three-month period that ended June 29, The Estee Lauder Companies Inc. had $7.12 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$33.0 million in the quarter, while revenues were grew 257.58%. The analyst consensus anticipated The Estee Lauder Companies Inc.’s latest quarter earnings to come in at -$0.03 per share, but it turned out to be $0.07, a 333.30% surprise. For the quarter, EBITDA amounted to $191.0 million. Shareholders own equity worth $357.69 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at The Estee Lauder Companies Inc. (EL) price momentum. RSI 9-day as of the close on 24 August was 22.67%, suggesting the stock is oversold, with historical volatility in this time frame at 25.26%.
As of today, EL’s price is $152.16 -6.99% or -$11.33 from its 5-day moving average. EL is currently trading -13.10% lower than its 20-day SMA and -38.84% lower than its 100-day SMA. However, the stock’s current price level is -18.38% below the SMA50 and -28.40% below the SMA200.
The stochastic %K and %D were 13.80% and 12.78%, respectively, and the average true range (ATR) was 4.83. With the 14-day stochastic at 12.62% and the average true range at 4.77, the RSI (14) stands at 25.04%. The stock has reached -6.23 on the 9-day MACD Oscillator while the 14-day reading was at -10.20.
Analyst Ratings
Bernstein downgraded The Estee Lauder Companies Inc. (NYSE: EL) to a a Mkt perform rating in its most recent analyst report. Previously, the stock was rated as an Outperform. The consensus rating for The Estee Lauder Companies Inc. (EL) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell EL, while 13 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 15 others rate it as a “buy”.
What is EL’s price target for the next 12 months?
Analysts predict a range of price targets between $146.00 and $246.00, with a median target of $193.00. Taking a look at these predictions, the average price target given by analysts for The Estee Lauder Companies Inc. (EL) stock is $189.36.
