(The) (NYSE:EL) during the 2nd quarter, according to its most recent disclosure with the SEC. (EL) to generate earnings per share of $3.97 in 2017. The institutional investor held 658,650 shares of the consumer non-durables company at the end of 2017Q2, valued at $63.22 million, down from 955,575 at the end of the previous reported quarter.
09/14/2017 - Macquarie began new coverage on Estee Lauder Companies, Inc. Next quarter's EPS is estimated at $1.41 and the next full year EPS is anticipated to be $4.42. Lloyds Banking Group plc now owns 1,887 shares of the company's stock valued at $181,000 after buying an additional 26 shares during the period. Cantab Capital Partners Llp added to its investment by buying 4,535 shares an increase of 168.2% in the quarter. They expect $2.38 EPS, up 13.88% or $0.29 from last year's $2.09 per share. Morgan Stanley reiterated an overweight rating and issued a $122.00 price target (up from $106.00) on shares of Estee Lauder Companies, Inc. Its up 0.19, from 1.02 in 2017Q1. Cleararc Capital Inc. now owns 5,035 shares of the company's stock worth $427,000 after purchasing an additional 46 shares during the period.
Estee Lauder Companies, Inc. has a one year low of $75.30 and a one year high of $110.99. Martin Currie Limited has invested 0.47% of its portfolio in Estee Lauder Companies Inc (NYSE:EL). (The) during the second quarter worth about $2,266,000. Following the sale, the insider now owns 74,188 shares in the company, valued at approximately $7,053,795.04.
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Estee Lauder Companies, Inc.
The P/E ratio is now 32.30 and the market cap of the company is 39.81B. The average 1 year price objective among brokerages that have covered the stock in the last year is $110.28. Finally, First Interstate Bank acquired a new stake in Estee Lauder Companies, Inc.
The share price of the company (NYSE:EL) was up +0.33%, with a high of 108.84 during the day and the volume of Estee Lauder Companies, Inc.
The company is up by 0.33%% since yesterday's close of 107.84. The business had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.86 billion.
Moving toward the return on equity, that was booked as 31.30%, while return on assets was 11.50%. The firm's revenue for the quarter was up 9.4% on a year-over-year basis.
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. The ex-dividend date was Tuesday, August 29th. This dividend amount represented a yield of $1.28. (The)'s payout ratio is 40.60%.
A number of equities research analysts recently issued reports on EL shares. (The) and gave the company a "buy" rating in a research note on Wednesday, August 9th. Also, Director Irvine O. Hockaday, Jr. sold 2,000 shares of Estee Lauder Companies, Inc.
July 10 investment analysts at Bank of America made no change to the company rating of "Buy" but raised the price target to $105.00 from $83.00. (The) in a research note on Thursday, August 10th. Bronfman E.L. Rothschild L.P. increased its position in Estee Lauder Companies, Inc. (The) from $108.00 to $119.00 and gave the stock a "buy" rating in a report on Monday, August 21st. Finally, GLG Partners LP raised its holdings in shares of Estee Lauder Companies, Inc. The stock of Estee Lauder Companies Inc (NYSE:EL) has "Buy" rating given on Tuesday, June 6 by Stifel Nicolaus. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company's stock. They now have a United States dollars 115 price target on the stock.
In other Estee Lauder Companies, Inc. (The) stock in a transaction dated Thursday, July 6th. Fabrizio Freda, President and CEO sold $1,595,934 worth of shares at an average price of $108.39 on September 8th. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The stock was sold at an average price of $100.22, for a total transaction of $1,458,401.44. The firm purchased 989,288 shares of the company's stock, valued at approximately $94,952,000. Over the last 90 days, insiders sold 571,521 shares of company stock worth $60,365,505.
Cemtrex, Inc.is a diversified technology company, which provides solutions to industrial and manufacturing needs.
The Estee Lauder Companies Inc.'s shares may have great momentum, but how has it been performing relative to the market? The Company offers products, including skin care, makeup, fragrance, hair care and other. The Firm operates in beauty products segment. The Company's products are sold in over 150 countries and territories under brand names, including Estee Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, MAC, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frederic Malle, GLAMGLOW, By Kilian, BECCA and Too Faced.