The stock of Estee Lauder Cos., Inc (NYSE:EL) last traded at $65.86, down -0.89% from the previous session.
EL stock price is now -26.01% away from the 50-day moving average and -43.69% away from the 200-day moving average. The market capitalization of the company currently stands at $23.64B.
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With the price target reduced from $105 to $76, Telsey Advisory Group maintained Market Perform rating for Estee Lauder Cos., Inc (NYSE: EL). On November 01, 2024, JP Morgan Downgraded its previous ‘Overweight’ rating to ‘Neutral’ on the stock reducing its target price from $113 to quote $74, while ‘Wells Fargo’ rates the stock as ‘Equal Weight’
In other news, Freda Fabrizio, President and CEO sold 10,969 shares of the company’s stock on Nov 01 ’24. The stock was sold for $743,259 at an average price of $67.76. Upon completion of the transaction, the President and CEO now directly owns 295,838 shares in the company, valued at $19.48 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 27 ’24, Director BARSHEFSKY CHARLENE sold 3,437 shares of the business’s stock. A total of $315,963 was realized by selling the stock at an average price of $91.93. This leaves the insider owning 49,800 shares of the company worth $3.28 million. 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 $63.36 and a high of $159.75. As of last week, the company has a debt-to-equity ratio of 1.97, a current ratio of 1.32, and a quick ratio of 0.90. According to the stock market information, the enterprise value for the company is $31302293504, which is based on a 117.61 price-to-earnings ratio, a 10.05 price-to-earnings-growth ratio, and a beta of 1.04. The fifty day moving average price for EL is $89.5852 and a two-hundred day moving average price translates $117.26345 for the stock.
The latest earnings results from Estee Lauder Cos., Inc (NYSE: EL) was released for 2024-09-30. The net profit margin was 1.32% and return on equity was 3.89% for EL. The company reported revenue of $3.36 billion for the quarter, compared to $3.52 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -4.46 percent.
