There’s Something Awry at Estee Lauder Cos., Inc. (NYSE:EL) Since Share Price Gets Ahead of Fundamentals

The stock of Estee Lauder Cos., Inc. (NYSE:EL) last traded at $115.32, down -1.10% from the previous session.

EL stock price is now -18.25% away from the 50-day moving average and -41.09% away from the 200-day moving average. The market capitalization of the company currently stands at $41.27B.

With the price target reduced from $126 to $120, TD Cowen Downgraded its rating from Outperform to Market Perform for Estee Lauder Cos., Inc. (NYSE: EL).

In other news, LAUDER JANE, Executive Vice President & CDO sold 12,661 shares of the company’s stock on Aug 23. The stock was sold for $1,933,968 at an average price of $152.75. Upon completion of the transaction, the Executive Vice President & CDO now directly owns 55,800 shares in the company, valued at $6.43 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 23, Director BARSHEFSKY CHARLENE sold 1,796 shares of the business’s stock. A total of $272,866 was realized by selling the stock at an average price of $151.93. This leaves the insider owning 48,845 shares of the company worth $5.63 million. Insiders disposed of 229,489 shares of company stock worth roughly $26.46 million over the past 1 year. A total of 35.36% of the company’s stock is owned by insiders.

With an opening price of $117.76 on Thursday morning, Estee Lauder Cos., Inc. (NYSE: EL) set off the trading day. During the past 12 months, Estee Lauder Cos., Inc. has had a low of $102.22 and a high of $283.62. As of last week, the company has a debt-to-equity ratio of 1.90, a current ratio of 1.45, and a quick ratio of 0.97. According to the stock market information, the enterprise value for the company is $48.31B, which is based on a 75.92 price-to-earnings ratio, a 3.69 price-to-earnings-growth ratio, and a beta of 1.04. The fifty day moving average price for EL is $141.07 and a two-hundred day moving average price translates $195.76 for the stock.

The latest earnings results from Estee Lauder Cos., Inc. (NYSE: EL) was released for Sep, 2023. According to the Household & Personal Products Company, earnings per share came in at $0.07, beating analysts’ expectations of -$0.03 by 0.1. This compares to $1.36 EPS in the same period last year. The net profit margin was 3.55% and return on equity was 10.09% for EL. The company reported revenue of $3.52 billion for the quarter, compared to $3.93 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -10.48 percent. For the current quarter, analysts expect EL to generate $3.53B in revenue.

Estee Lauder Cos., Inc.(EL) Company Profile

The Estée Lauder Companies Inc. manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as compacts, brushes, and other makeup tools. The company also provides fragrance products in various forms comprising eau de parfum sprays and colognes, as well as lotions, powders, creams, candles, and soaps; and hair care products that include shampoos, conditioners, styling products, treatment, finishing sprays, and hair color products, as well as sells ancillary products and services. It offers its products under the Estée Lauder, Clinique, Origins, M·A·C, Bobbi Brown Cosmetics, La Mer, Aveda, Jo Malone London, TOM FORD, Too Faced, Dr.Jart+, and The Ordinary brands. The company sells its products through department stores, specialty-multi retailers, upscale perfumeries and pharmacies, and salons and spas; freestanding stores; its own and authorized retailer websites; third-party online malls; stores in airports; and duty-free locations. The Estée Lauder Companies Inc. was founded in 1946 and is headquartered in New York, New York.

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