As of Wednesday close, The Estee Lauder Companies Inc.’s (NYSE:EL) stock was up $4.3, moving up 2.70 percent to $163.57. The average number of shares traded per day over the past five days has been 2,401,020 shares. 4 times new highs have been achieved over the past 5 days, with a $10.70 gain in that time frame. In the last twenty days, the average volume was 3,124,070, while in the previous 50 days, it was 2,596,598.
Since last month, EL stock retreated -6.55%. Shares of the company fell to $147.18 on 08/22/23, the lowest level in the past month. A 52-week high of $283.62 was reached on 02/02/23 after having rallying from a 52-week low of $147.18. Since the beginning of this year, EL’s stock price has dropped by -34.07% or -$84.54, and marked a new high 9 times. However, the stock has declined by -42.33% since its 52-week high.
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EL stock investors should be aware that The Estee Lauder Companies Inc. (EL) stock had its last reported insider trading activity 8 days ago on Aug 23. LAUDER JANE, the Executive Vice President & CDO of the company, disposed of 12,661 shares for $152.75 on Aug 23. It resulted in a $1,933,968 divestment by the insider. BARSHEFSKY CHARLENE sold 1,796 shares at an average price of $151.93 on Aug 23. The insider now owns 48,845 shares following the transaction. On May 16, Executive Group President Hertzmark Hudis Jane sold 9,869 shares at $199.95 apiece. The transaction was valued at $1,973,297.
Valuation Metrics
Right now, The Estee Lauder Companies Inc. (EL) has a P/E ratio of about 58.71. The stock’s beta is 1.04. Besides these, the trailing price-to-sales (P/S) ratio of 3.61, the price-to-book (PB) ratio of 10.49.
The latest dividend of $0.66 per share was paid out, remained unchanged from last year’s $0.66.
Financial Health
In the three months ended June 29, The Estee Lauder Companies Inc.’s quick ratio stood at 1.00, while its current ratio was 1.50, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 1.27, and the total debt-to-equity ratio was 1.45. On the profitability front, the trailing twelve-month gross margin is 71.30% percent. In the year ended June 29, operating margins totaled 9.50%. Based on annual data, EL earned $11.35 billion in gross profit and brought in $15.91 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 8.20%. Return on equity (ROE) for the past 12 months was 17.60%.
In The Estee Lauder Companies Inc.’s quarter-end financial report for June 29, it reported total debt of $7.12 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. EL’s revenue rose 1.33% to $3.75 billion during the quarter, while net income inched up to $3.61 billion. While analysts expected The Estee Lauder Companies Inc. to report -$0.03 quarterly earnings, the actual figure was $0.07 per share, beating the consensus estimate by 333.30%. During the quarter, the company generated $191.0 million in EBITDA. The liabilities of The Estee Lauder Companies Inc. were 17.83 billion at the end of its most recent quarter ended June 29, and its total debt was $10.32 billion. The value of shareholders’ equity is $357.69 million.
Technical Picture
This quick technical analysis looks at The Estee Lauder Companies Inc.’s (EL) price momentum. With a historical volatility rate of 37.48%, the RSI 9-day stood at 55.92% on 30 August.
With respect to its five-day moving average, the current The Estee Lauder Companies Inc. price is up by +7.00% percent or $10.70. At present, EL shares trade -5.18% below its 20-day simple moving average and -32.20% percent below its 100-day simple moving average. However, the stock is currently trading approximately -17.20% below its SMA50 and -25.27% below its SMA200.
Stochastic coefficient K was 48.70% and Stochastic coefficient D was 34.44%, while ATR was 4.66. Given the Stochastic reading of 70.39% for the 14-day period, the RSI (14) reading has been calculated as 47.57%. As of today, the MACD Oscillator reading stands at 4.94, while the 14-day reading stands at 1.48.
Analyst Ratings
The Estee Lauder Companies Inc. downgraded its rating on The Estee Lauder Companies Inc. (NYSE: EL) to a Mkt perform in a note to investors on August 24, 2023. The analysts firm previously had an Outperform rating on the stock.The Estee Lauder Companies Inc. (EL) has been rated Overweight by analysts. According to 1 brokerage firm, EL is a sell, and 12 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 0 analysts rate The Estee Lauder Companies Inc. stock as buy, with 16 recommending it as overweight.
With a median target price of $193.00, the current consensus forecast for the stock is $146.00 – $243.00. Based on these forecasts, analysts predict The Estee Lauder Companies Inc. (EL) will achieve an average price target of $186.73.
