November 28, 2016 - By Clifton Ray · 0 Comments
Estee Lauder Companies Inc (NYSE:EL) institutional sentiment decreased to 0.91 in 2016 Q2. Its down -0.12, from 1.03 in 2016Q1. The ratio worsened, as 254 institutional investors opened new and increased holdings, while 246 decreased and sold their holdings in Estee Lauder Companies Inc. The institutional investors in our partner’s database reported: 196.11 million shares, down from 202.72 million shares in 2016Q1. Also, the number of institutional investors holding Estee Lauder Companies Inc in their top 10 holdings decreased from 15 to 7 for a decrease of 8. Sold All: 54 Reduced: 192 Increased: 206 New Position: 48.
The Estee Lauder Companies Inc. manufactures and markets skin care, makeup, fragrance and hair care products. The company has a market cap of $29.14 billion. The Firm operates in beauty products segment. It has a 26.84 P/E ratio. The Company’s skin care products include moisturizers, serums, cleansers, toners, body care, exfoliators, acne and oil correctors, facial masks, cleansing devices and sun care products.
The stock increased 1.12% or $0.87 during the last trading session, hitting $78.65. About 15 shares traded hands. Estee Lauder Companies Inc (NYSE:EL) has declined 16.97% since April 25, 2016 and is downtrending. It has underperformed by 22.98% the S&P500.
Analysts await Estee Lauder Companies Inc (NYSE:EL) to report earnings on February, 2 before the open. They expect $1.17 EPS, down 4.10% or $0.05 from last year’s $1.22 per share. EL’s profit will be $433.49M for 16.81 P/E if the $1.17 EPS becomes a reality. After $0.84 actual EPS reported by Estee Lauder Companies Inc for the previous quarter, Wall Street now forecasts 39.29% EPS growth.
According to Zacks Investment Research, “Estee Lauder Co. is one of the world’s leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. Its products are sold in numerous countries and territories under the following well-recognized brand names: Estee Lauder, Clinique, Aramis, Prescriptives, Origins, M.A.C, Bobbi Brown essentials, La Mer, jane, Aveda, Stila, Jo Malone and Bumble and bumble. The company is also the global licensee for fragrances and cosmetics sold under the Tommy Hilfiger, Donna Karan and Kate Spade brands.”
Regents Of The University Of California holds 10.23% of its portfolio in Estee Lauder Companies Inc for 33,400 shares. Gavekal Capital Llc owns 194,775 shares or 5.45% of their US portfolio. Moreover, Long Road Investment Counsel Llc has 4.56% invested in the company for 63,900 shares. The California-based Raub Brock Capital Management Lp has invested 3.78% in the stock. Crystal Rock Capital Management, a Illinois-based fund reported 43,855 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 15 sales for $139.81 million net activity.
Ratings analysis reveals 62% of Estee Lauder’s analysts are positive. Out of 21 Wall Street analysts rating Estee Lauder, 13 give it “Buy”, 1 “Sell” rating, while 7 recommend “Hold”. The lowest target is $77 while the high is $105. The stock’s average target of $98.21 is 24.87% above today’s ($78.65) share price. EL was included in 35 notes of analysts from July 21, 2015. The firm earned “Market Perform” rating on Thursday, August 13 by Telsey Advisory Group. Berenberg initiated it with “Buy” rating and $105 target price in Friday, September 9 report. Stifel Nicolaus maintained it with “Buy” rating and $95.0 target price in Friday, September 25 report. The company was maintained on Monday, August 22 by Piper Jaffray. The company was upgraded on Monday, June 13 by CLSA. The stock of Estee Lauder Companies Inc (NYSE:EL) earned “Neutral” rating by Goldman Sachs on Wednesday, March 16. The rating was initiated by Sterne Agee CRT with “Buy” on Tuesday, July 21. Citigroup maintained Estee Lauder Companies Inc (NYSE:EL) on Monday, August 22 with “Neutral” rating. UBS maintained the stock with “Buy” rating in Tuesday, November 3 report. The firm earned “Hold” rating on Friday, September 9 by Argus Research.
The Estee Lauder Companies Inc., incorporated on December 9, 1976, makes and markets skin care, makeup, fragrance and hair care products. The Firm offers products, including Skin Care, Makeup, Fragrance, Hair Care and Other. The Firm operates in beauty products segment. As of June 30, 2016, the Company’s products were sold in over 150 countries and territories under brand names, including Estee Lauder, Clinique, Origins, MzAzC, Bobbi Brown, La Mer, Jo Malone London and Aveda. It is the global licensee for fragrances and/or cosmetics sold under various designer brand names, including Tommy Hilfiger, Donna Karan New York, DKNY, Michael Kors and Tom Ford.
More news for Estee Lauder Companies Inc (NYSE:EL) were recently published by: Investorplace.com, which released: “Estee Lauder Companies Inc (EL) to Buy Too Faced Cosmetics” on November 15, 2016. Businesswire.com‘s article titled: “The EstÃ©e Lauder Companies Inc. Increases Quarterly Dividend 13% to $.34 Per Share” and published on November 02, 2016 is yet another important article.
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By Clifton Ray