Estee Lauder Companies Target of Unusually High Options Trading (EL)

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Estee Lauder Companies Inc (NYSE:EL) was the recipient of unusually large options trading on Monday. Investors acquired 2,698 call options on the stock. This is an increase of 979% compared to the typical volume of 250 call options.

Several brokerages recently issued reports on EL. Piper Jaffray Companies reiterated a “buy” rating and issued a $151.00 price objective on shares of Estee Lauder Companies in a research report on Monday, December 31st. Citigroup raised Estee Lauder Companies from a “neutral” rating to a “buy” rating and upped their price target for the stock from $145.00 to $155.00 in a research report on Wednesday, January 2nd. Goldman Sachs Group downgraded Estee Lauder Companies from a “neutral” rating to a “sell” rating and reduced their price target for the stock from $171.00 to $116.00 in a research report on Tuesday, January 8th. Wells Fargo & Co downgraded Estee Lauder Companies from an “outperform” rating to a “market perform” rating and reduced their price target for the stock from $165.00 to $135.00 in a research report on Thursday, January 10th. They noted that the move was a valuation call. Finally, Zacks Investment Research downgraded Estee Lauder Companies from a “buy” rating to a “hold” rating in a research report on Monday, January 14th. One research analyst has rated the stock with a sell rating, five have given a hold rating and eighteen have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $162.57.

Shares of Estee Lauder Companies stock opened at $167.10 on Tuesday. Estee Lauder Companies has a 12-month low of $121.47 and a 12-month high of $169.47. The company has a market cap of $60.50 billion, a PE ratio of 37.05, a P/E/G ratio of 2.56 and a beta of 0.72. The company has a current ratio of 1.71, a quick ratio of 1.27 and a debt-to-equity ratio of 0.78.

Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings data on Tuesday, February 5th. The company reported $1.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.54 by $0.20. Estee Lauder Companies had a return on equity of 40.38% and a net margin of 11.49%. The company had revenue of $4.01 billion for the quarter, compared to analysts’ expectations of $3.92 billion. During the same quarter in the prior year, the business posted $1.52 EPS. The business’s revenue was up 7.0% compared to the same quarter last year. As a group, equities analysts expect that Estee Lauder Companies will post 5.06 earnings per share for the current fiscal year.

In other news, Director Irvine O. Hockaday, Jr. sold 1,500 shares of the business’s stock in a transaction dated Tuesday, February 19th. The stock was sold at an average price of $155.31, for a total transaction of $232,965.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Fabrizio Freda sold 98,262 shares of the business’s stock in a transaction dated Thursday, February 7th. The stock was sold at an average price of $152.20, for a total value of $14,955,476.40. Following the transaction, the chief executive officer now owns 171,436 shares of the company’s stock, valued at $26,092,559.20. The disclosure for this sale can be found here. Insiders have sold a total of 574,507 shares of company stock valued at $89,174,250 over the last three months. Company insiders own 16.13% of the company’s stock.

Several institutional investors have recently made changes to their positions in the company. HC Financial Advisors Inc. bought a new stake in Estee Lauder Companies in the 3rd quarter valued at $975,000. JPMorgan Chase & Co. raised its stake in Estee Lauder Companies by 112.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,032,887 shares of the company’s stock valued at $1,022,019,000 after acquiring an additional 3,716,962 shares during the period. Dimensional Fund Advisors LP raised its stake in Estee Lauder Companies by 3.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 522,555 shares of the company’s stock valued at $75,933,000 after acquiring an additional 18,853 shares during the period. BlueMountain Capital Management LLC bought a new stake in Estee Lauder Companies in the 3rd quarter valued at $728,000. Finally, Pacer Advisors Inc. raised its stake in Estee Lauder Companies by 17.8% in the 3rd quarter. Pacer Advisors Inc. now owns 12,153 shares of the company’s stock valued at $1,766,000 after acquiring an additional 1,834 shares during the period. Institutional investors own 53.73% of the company’s stock.

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Estee Lauder Companies Company Profile

The Estée Lauder Companies Inc manufactures and markets skin care, makeup, fragrance, and hair care products. The company offers a range of skin care products, such as moisturizers, serums, cleansers, toners, body care products, exfoliators, acne care products, facial masks, cleansing devices, and sun care products; and makeup products, including lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as related items, including compacts, brushes, and other makeup tools.

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