Estee Lauder Cos. Inc. (NYSE:EL) finished Friday with an addition of $2.6 to close at $144.55, an upside of 1.83 percent. An average of 2,116,900 shares of common stock have been traded in the last five days. There was a fall of -$3.07 in the past week, and it reached a new high 21 times over the past 12 months. The last 20 days have seen an average of 2,035,625 shares traded, while the 50-day average volume stands at 2,719,486.
EL stock has decreased by -11.63% in the last month. The company shares reached their 1-month lowest point of $138.14 on 09/27/23. With the stock rallying to its 52-week high on 02/02/23, shares of the company touched a low of $138.14 and a high of $283.62 in 52 weeks. It has reached a new high 9 times so far this year and lost -41.74% or -$103.56 in price. In spite of this, the price is down -49.03% from the 52-week high.
Insider Transactions
EL stock investors should be aware that Estee Lauder Cos. Inc. (EL) stock had its last reported insider trading activity 38 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
Estee Lauder Cos. Inc. (EL) has a trailing price-to-earnings (P/E) ratio of 51.88. The stock’s beta is 1.05. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.26, the price-to-book (PB) ratio at 9.26, and the price-to-cash flow ratio at 70.97.
The company has a payout ratio of 92.56%. The company’s most recent quarterly dividend payment was $0.66 a share, without any change from last year. Its latest increase dividend $0.06 reported on Wednesday November 2 2022.
Financial Health
The quick ratio of Estee Lauder Cos. Inc. for the three months ended June 29 was 0.99, and the current ratio was 1.46, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.58 and a total debt to equity ratio of 1.82 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, Estee Lauder Cos. Inc.’s return on assets was 4.32%.
Earnings Surprise
For the three-month period that ended June 29, Estee Lauder Cos. 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 Estee Lauder Cos. 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 Estee Lauder Cos. Inc. (EL) price momentum. RSI 9-day as of the close on 29 September was 38.96%, suggesting the stock is Neutral, with historical volatility in this time frame at 30.09%.
As of today, EL’s price is $142.33 -2.08% or -$3.07 from its 5-day moving average. EL is currently trading -9.95% lower than its 20-day SMA and -29.83% lower than its 100-day SMA. However, the stock’s current price level is -20.69% below the SMA50 and -40.86% below the SMA200.
The stochastic %K and %D were 19.41% and 11.86%, respectively, and the average true range (ATR) was 3.88. With the 14-day stochastic at 30.82% and the average true range at 3.90, the RSI (14) stands at 37.07%. The stock has reached -3.18 on the 9-day MACD Oscillator while the 14-day reading was at -6.11.
Analyst Ratings
Redburn Atlantic upgraded Estee Lauder Cos. Inc. (NYSE: EL) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as an Underweight. The consensus rating for Estee Lauder Cos. Inc. (EL) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms 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 1 analysts, while 16 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 $225.00, with a median target of $191.00. Taking a look at these predictions, the average price target given by analysts for Estee Lauder Cos. Inc. (EL) stock is $184.30.
