Favorable Press Coverage Somewhat Unlikely to Affect Estee Lauder Companies (EL) Stock Price

News articles about Estee Lauder Companies (NYSE:EL) have been trending positive this week, according to Accern. Accern ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Estee Lauder Companies earned a daily sentiment score of 0.47 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.7669997792009 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Estee Lauder Companies stock traded up $0.29 on Friday, hitting $150.82. 1,243,824 shares of the stock traded hands, compared to its average volume of 2,441,534. The company has a current ratio of 1.82, a quick ratio of 1.37 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $55.25 billion, a P/E ratio of 43.46, a P/E/G ratio of 2.46 and a beta of 0.63. Estee Lauder Companies has a 1 year low of $92.85 and a 1 year high of $153.88.

Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings results on Wednesday, May 2nd. The company reported $1.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.10. The firm had revenue of $3.37 billion during the quarter, compared to analyst estimates of $3.25 billion. Estee Lauder Companies had a return on equity of 35.88% and a net margin of 8.67%. Estee Lauder Companies’s quarterly revenue was up 18.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.91 EPS. analysts predict that Estee Lauder Companies will post 4.46 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 15th. Shareholders of record on Thursday, May 31st will be given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date of this dividend is Wednesday, May 30th. Estee Lauder Companies’s dividend payout ratio (DPR) is 43.80%.

EL has been the topic of several recent analyst reports. Wells Fargo & Co restated a “buy” rating and issued a $150.00 target price on shares of Estee Lauder Companies in a report on Wednesday, January 31st. BMO Capital Markets raised their target price on shares of Estee Lauder Companies to $140.00 and gave the stock a “market perform” rating in a report on Wednesday, January 31st. KeyCorp restated a “buy” rating and issued a $150.00 target price on shares of Estee Lauder Companies in a report on Friday, February 2nd. Royal Bank of Canada restated an “outperform” rating and issued a $145.00 target price (down previously from $155.00) on shares of Estee Lauder Companies in a report on Monday, February 5th. Finally, Sanford C. Bernstein restated an “outperform” rating and issued a $144.00 target price (up previously from $134.00) on shares of Estee Lauder Companies in a report on Monday, February 5th. Five analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company. The company has an average rating of “Buy” and an average target price of $143.63.

In other Estee Lauder Companies news, EVP Gregory Polcer sold 40,797 shares of the business’s stock in a transaction dated Thursday, March 29th. The stock was sold at an average price of $150.00, for a total value of $6,119,550.00. Following the completion of the transaction, the executive vice president now owns 110,706 shares of the company’s stock, valued at approximately $16,605,900. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder Ronald S. Foundation Lauder sold 16,447 shares of the business’s stock in a transaction dated Thursday, March 1st. The stock was sold at an average price of $138.11, for a total value of $2,271,495.17. Following the completion of the transaction, the insider now directly owns 83,418 shares of the company’s stock, valued at approximately $11,520,859.98. The disclosure for this sale can be found here. 16.24% of the stock is currently owned by insiders.

Estee Lauder Companies Company Profile

The Estée Lauder Companies Inc manufactures and markets skin care, makeup, fragrance, and hair care products worldwide. The company offers a range of skin care products, such as moisturizers, serums, cleansers, toners, body care, exfoliators, acne and oil correctors, facial masks, cleansing devices, and sun care products; and makeup products for face, eyes, lips, and nails, as well as related items, including compacts, brushes, and other makeup tools.

Insider Buying and Selling by Quarter for Estee Lauder Companies (NYSE:EL)

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