Estee Lauder Cos., Inc. (NYSE: EL): Is This The Time To Buy?

Estee Lauder Cos., Inc. (NYSE:EL)’s traded shares stood at 2.25 million during the latest session, with the company’s beta value hitting 1.00. At the last check today, the stock’s price was $93.56, to imply an increase of 2.23% or $2.05 in intraday trading. The EL share’s 52-week high remains $165.76, putting it -77.17% down since that peak but still an impressive 8.03% since price per share fell to its 52-week low of $86.05. The company has a valuation of $33.55B, with an average of 5.71 million shares in intraday trading volume over the past 10 days and average of 3.38 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Estee Lauder Cos., Inc. (EL), translating to a mean rating of 2.30. Of 17 analyst(s) looking at the stock, 0 analyst(s) give EL a Sell rating. 0 of those analysts rate the stock as Overweight while 7 advise Hold as 10 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.09.

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Estee Lauder Cos., Inc. (NYSE:EL) trade information

After registering a 2.23% upside in the latest session, Estee Lauder Cos., Inc. (EL) has traded red over the past five days. The 5-day price performance for the stock is -1.67%, and -6.26% over 30 days. With these gigs, the year-to-date price performance is -36.03%. Short interest in Estee Lauder Cos., Inc. (NYSE:EL) saw shorts transact 4.48 million shares and set a 1.57 days time to cover.

The extremes give us $100 and $360 for target low and target high price respectively. As such, EL has been trading -284.78% off suggested target high and -6.88% from its likely low.

Estee Lauder Cos., Inc. (EL) estimates and forecasts

Looking at statistics comparing Estee Lauder Cos., Inc. share performance against respective industry, we note that the company has outperformed competitors. Estee Lauder Cos., Inc. (EL) shares are -37.07% down over the last 6 months, with its year-to-date growth rate higher than industry average at 22.78% against 2.70%. Revenue is forecast to shrink -18.20% this quarter before jumping 21.60% for the next one. The rating firms project that company’s revenue will grow 1.70% compared to the previous financial year.

Revenue forecast for the current quarter as set by 17 analysts is 3.38B. Meanwhile, for the current quarter, a total of 17 analyst(s) estimate revenue growth to 4.3B.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -25.84% for the past 5-year period. While 2024 is set for a 19.86% return in earnings, projections for the next 5 years are at 14.80% annually.

EL Dividends

Estee Lauder Cos., Inc. has its next earnings report out on 2024-Oct-31. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Estee Lauder Cos., Inc. has a forward dividend ratio of 2.64, with the share yield ticking at 2.82% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 1.1%.

Estee Lauder Cos., Inc. (NYSE:EL)’s Major holders

Estee Lauder Cos., Inc. insiders hold 0.39% of total outstanding shares, with institutional holders owning 91.32% of the shares at 91.67% float percentage. In total, 91.32% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 21.33 million shares (or 5.9395% of shares), all amounting to roughly $2.27 billion.

The next major institution holding the largest number of shares is BLACKROCK INC. with 14.84 million shares, or about 4.1332% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.58 billion.