The Estee Lauder Companies Inc. (NYSE:EL) has a beta value of 0.94 and has seen 3,011,399 shares traded in the recent trading session. The company, currently valued at $104.98 Billion, closed the recent trade at $292.34 per share which meant it lost -$21.46 on the day or -6.84% during that session. The EL stock price is -4.03% off its 52-week high price of $304.11 and 46.53% above the 52-week low of $156.31. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.13 Million shares traded. The 3-month trading volume is 1.48 Million shares.
The consensus among analysts is that The Estee Lauder Companies Inc. (EL) is an Overweight stock at the moment, with a recommendation rating of 2. 1 analysts rate the stock as a Sell, while 2 rate it as Overweight. 5 out of 24 have rated it as a Hold, with 16 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $1.32.
The Estee Lauder Companies Inc. (NYSE:EL) trade information
Despite being -6.84% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Thursday, Apr 29 when the EL stock price touched $318.34 or saw a rise of 8.86%. Year-to-date, The Estee Lauder Companies Inc. shares have moved 9%, while the 5-day performance has seen it change -8.26%. Over the past 30 days, the shares of The Estee Lauder Companies Inc. (NYSE:EL) have changed -0.75%. Short interest in the company has seen 1.81 Million shares shorted with days to cover at 1.22.
Wall Street analysts have a consensus price target for the stock at $330.29, which means that the shares’ value could jump 12.98% from the levels at last check today. The projected low price target is $270 while the price target rests at a high of $355. In that case, then, we find that the latest price level in today’s session is +21.43% off the targeted high while a plunge would see the stock lose -7.64% from the levels at last check today.
The Estee Lauder Companies Inc. (EL) estimates and forecasts
Figures show that The Estee Lauder Companies Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained +42.28% over the past 6 months, with this year growth rate of 45.39%, compared to 16% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 55.3% and 217% for the next quarter. Revenue growth from the last financial year stood is estimated to be +11.8%.
15 analysts offering their estimates for the company have set an average revenue estimate of $3.94 Billion for the current quarter. 15 have an estimated revenue figure of $3.6 Billion for the next quarter concluding in June 01, 2021. Year-ago sales stood $3.35 Billion and $2.43 Billion respectively for this quarter and the next, and analysts expect sales will grow by 17.9% for the current quarter and 48.2% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -8% over the past 5 years. Earnings growth for 2021 is a modest -61.4% while over the next 5 years, the company’s earnings are expected to increase by 21.1%.
The Estee Lauder Companies Inc. is expected to release its next earnings report between May 03 and May 03 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 2.12 at a share yield of 0.68%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 1.07%.
The Estee Lauder Companies Inc. (NYSE:EL)’s Major holders
Insiders own 0.87% of the company shares, while shares held by institutions stand at 91.42% with a share float percentage of 92.22%. Investors are also buoyed by the number of investors in a company, with The Estee Lauder Companies Inc. having a total of 1555 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 18.28 Million shares worth more than $4.87 Billion. As of December 30, 2020, Vanguard Group, Inc. (The) held 7.96% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 14.28 Million shares as of December 30, 2020. The firm’s total holdings are worth over $3.8 Billion and represent 6.21% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Fidelity Contrafund Inc. As of December 30, 2020, the former fund manager holds about 2.49% shares in the company for having 5728590 shares of worth $1.52 Billion while later fund manager owns 4.79 Million shares of worth $1.37 Billion as of February 27, 2021, which makes it owner of about 2.08% of company’s outstanding stock.