Estee Lauder Cos. Inc. (NYSE:EL) saw a downside of -4.03% to close Tuesday at $139.62 after subtracting -$5.87 on the day. The 5-day average trading volume is 2,197,640 shares of the company’s common stock. It has gained $153.49 in the past week and touched a new high 1 time within the past 5 days. An average of 2,093,155 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,781,870.
EL’s 1-month performance is -8.86% or -$13.58 on its low of $139.08 reached on 09/26/23. The company’s shares have touched a 52-week low of $144.47 and high of $283.62, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, EL has lost -43.73% or -$108.49 and has reached a new high 9 times. However, the current price is down -50.77% from the 52-week high price.
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Insider Transactions
EL stock investors last saw insider trading activity on Aug 23.LAUDER JANE (Executive Vice President & CDO) most recently sold 12,661 shares at $152.75 per share on Aug 23. This transaction cost the insider $1,933,968. Director, BARSHEFSKY CHARLENE, sold 1,796 shares at a price of $151.93 on Aug 23. Then, on May 16, Executive Group President Hertzmark Hudis Jane sold 9,869 shares at a price of $199.95 per share. This transaction amounted to $1,973,297.
Valuation Metrics
EL stock has a beta of 1.05. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.15 while the price-to-book (PB) in the most recent quarter is 8.94, with the price to cash flow ratio at 68.55.
Estee Lauder Cos. Inc.’s quick ratio for the recent period was 0.99, with the current ratio over the same period at 1.46.. In terms of profitability, the gross margin trailing 12 months is 71.15%. The firm’s gross profit as reported stood at $11.35 billion against revenue of $15.91 billion.
Earnings Surprise
Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 257.58% to -$33.0 million, while revenue of $156.0 million was 572.73% off the previous quarter. EBITDA for the quarter stood at more than $191.0 million. EL stock balance sheet for the recent quarter shows that total liabilities totaled 17.83 billion, with total debt at $10.32 billion. Shareholders hold equity totaling $357.69 million.
Let’s look briefly at Estee Lauder Cos. Inc. (EL) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 26 September was 21.30% to suggest the stock is trending oversold, with historical volatility in this time period at 26.72%.
The stock’s 5-day moving average is $145.93, reflecting a -8.15% or -$12.39 change from its current price. EL is currently trading -10.72% above its 20-day SMA, -31.12% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -27.53% and SMA200 by-39.96%.
Stochastic %K and %D was 7.13% and 6.44% and the average true range (ATR) pointed at 3.82. The RSI (14) points at 26.23%, while the 14-day stochastic is at 2.72% with the period’s ATR at 3.88. The stock’s 9-day MACD Oscillator is pointing at -5.29 and -6.63 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Estee Lauder Cos. Inc. (NYSE: EL), Redburn Atlantic upgraded it to a Neutral rating. They previously had an Underweight rating on the stock. Analysts offering their rating for EL stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate EL as a “sell,”, while 13 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 1 rates the stock as overweight while 16 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 $146.00 and a high of $225.00, with their median price target at $191.00. Looking at these predictions, the average price target given by analysts is for Estee Lauder Cos. Inc. (EL) stock is $184.30.
