The stock of The Estee Lauder Companies Inc. (NYSE:EL) decreased by -$2.19 on Tuesday to finish at $152.01, down -1.42 percent. The last five days have seen an average of 2,377,740 shares of common stock traded. 9 times new highs were reached in the current year, with a fall of -$96.10. The average number of shares traded over the last 20 days was 2,313,530, while the average volume over the last 50 days totaled 2,694,396.
EL stock dropped -2.99% since last month. On 08/22/23, the company’s shares reached a one-month low of $147.18. The stock touched a high of $283.62 on 02/02/23, after rallying from a low of $147.18 in 52 weeks. The price of EL stock has declined by -38.73% or -$96.10 this year, reaching a new high 9 times. Still, the stock price is down -46.40% 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 28 days ago on Aug 23. On Aug 23, Executive Vice President & CDO LAUDER JANE sold 12,661 shares at $152.75 each. This transaction resulted in the insider making $1,933,968. On Aug 23, BARSHEFSKY CHARLENE sold 1,796 shares at a price of US$151.93. After the transaction, the insider now owns 48,845 shares. Executive Group President Hertzmark Hudis Jane had earlier sold 9,869 shares on May 16 for $199.95 a share. The transaction was completed for $1,973,297.
Valuation Metrics
The Estee Lauder Companies Inc. (EL) has a trailing price-to-earnings (P/E) ratio of 54.56. Beta for the stock is 1.04. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 3.38, the price-to-book (PB) ratio of 9.75.
Company paid $0.66 per share in dividends, remained unchanged from $0.66 last year. A $0.06 dividend increase was reported on Wednesday November 2 2022.
Financial Health
For the three months ended June 29, The Estee Lauder Companies Inc.’s quick ratio was 1.00, while its current ratio was 1.50, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 1.27, and the total debt to equity ratio is 1.45. As far as profitability goes, gross margin for the trailing twelve months is 71.30% percent. The Estee Lauder Companies Inc.’s operating margin stood at 9.50% for the same period. Based on annual data, it had gross profit of $11.35 billion and revenue of $15.91 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. EL’s return on assets (ROA) during the last 12 months has been 4.60%. There was a 8.20% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 17.60%.
Earnings Surprise
According to The Estee Lauder Companies Inc.’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $3.61 billion, while revenues rose by 1.33% to $3.75 billion. It was predicted that The Estee Lauder Companies Inc.’s quarterly earnings would be $0.07, but it ended up being -$0.03, beating the consensus by 333.30%. EBITDA was $191.0 million for the quarter. At the end of The Estee Lauder Companies Inc.’s most recent quarter ended June 29, its liabilities totaled 17.83 billion, while its total debt was $10.32 billion. Equity owned by shareholders amounts to $357.69 million.
Technical Picture
Here’s a quick look at The Estee Lauder Companies Inc.’s (EL) price momentum from a technical perspective. As of 19 September, the RSI 9-day stood at 37.42%, suggesting the stock is Neutral, with a 14.90% historical volatility rate.
The stochastic %K and %D were 24.66% and 26.54% respectively, while the average true range (ATR) was 3.51. Based on the 14-day stochastic reading of 12.14%, the RSI (14) reading is 37.52%. On the 9-day MACD Oscillator, the stock is at 0.35, and the 14-day reading is at -2.17.
Analyst Ratings
In its most recent analyst report, Redburn Atlantic raised its rating on The Estee Lauder Companies Inc. (NYSE: EL) to a Neutral. Prior to this, analysts firm rated the stock as an Underweight. Analysts have assigned The Estee Lauder Companies Inc. (EL) an Overweight rating. EL is a stock that is recommended for selling by 0 brokerage firms, while 13 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 1 rate it overweight and 16 others recommend it as a buy.
What is EL’s price target for the next 12 months?
The current consensus forecast for the stock is between $146.00 and $225.00, with a median target price of $191.00. In analyzing these forecasts, the average price target given by analysts for The Estee Lauder Companies Inc. (EL) is $184.63.
