The stock of Estee Lauder Cos., Inc. (NYSE:EL) last traded at $87.15, down -1.80% from the previous session.
EL stock price is now -4.31% away from the 50-day moving average and -26.24% away from the 200-day moving average. The market capitalization of the company currently stands at $31.28B.
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With the price target maintained at $100, HSBC Securities recently Downgraded its rating from Buy to Hold for Estee Lauder Cos., Inc. (NYSE: EL). On September 10, 2024, B. Riley Securities recently initiated its ‘Neutral’ rating on the stock quoting a target price of $95, while ‘Piper Sandler’ rates the stock as ‘Overweight’
In other news, BARSHEFSKY CHARLENE, Director sold 3,437 shares of the company’s stock on Aug 27 ’24. The stock was sold for $315,963 at an average price of $91.93. Upon completion of the transaction, the Director now directly owns 49,800 shares in the company, valued at $4.34 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 27 ’24, Director BARSHEFSKY CHARLENE bought 3,437 shares of the business’s stock. A total of $315,958 was incurred on buying the stock at an average price of $91.93. A total of 35.28% of the company’s stock is owned by insiders.
During the past 12 months, Estee Lauder Cos., Inc. has had a low of $82.39 and a high of $159.75. As of last week, the company has a debt-to-equity ratio of 1.85, a current ratio of 1.39, and a quick ratio of 1.01. According to the stock market information, the enterprise value for the company is $37693378560, which is based on a 80.71 price-to-earnings ratio, a 3.16 price-to-earnings-growth ratio, and a beta of 1.00. The fifty day moving average price for EL is $91.0788 and a two-hundred day moving average price translates $118.15245 for the stock.
The latest earnings results from Estee Lauder Cos., Inc. (NYSE: EL) was released for 2024-06-30. The net profit margin was 2.51% and return on equity was 7.16% for EL. The company reported revenue of $3.87 billion for the quarter, compared to $3.61 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.26 percent.
