The Goldman Sachs Group Begins Coverage on Estee Lauder Companies (NYSE:EL)

by · The Markets Daily

Stock analysts at The Goldman Sachs Group initiated coverage on shares of Estee Lauder Companies (NYSE:EL – Get Free Report) in a note issued to investors on Monday. The firm set a “buy” rating and a $100.00 price target on the stock. The Goldman Sachs Group’s target price indicates a potential upside of 17.86% from the company’s previous close.

A number of other equities research analysts also recently issued reports on EL. Piper Sandler initiated coverage on shares of Estee Lauder Companies in a report on Friday, May 15th. They issued an “overweight” rating and a $95.00 price target on the stock. Wall Street Zen cut shares of Estee Lauder Companies from a “buy” rating to a “hold” rating in a research note on Saturday, April 4th. Weiss Ratings lowered shares of Estee Lauder Companies from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, May 4th. Barclays increased their target price on shares of Estee Lauder Companies from $72.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 5th. Finally, UBS Group raised their price target on shares of Estee Lauder Companies from $75.00 to $85.00 and gave the company a “neutral” rating in a report on Monday, May 4th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $99.90.

Read Our Latest Report on EL

Estee Lauder Companies Stock Performance

Shares of NYSE EL traded up $0.04 during mid-day trading on Monday, hitting $84.85. The company had a trading volume of 204,987 shares, compared to its average volume of 4,314,108. The company has a current ratio of 1.27, a quick ratio of 0.94 and a debt-to-equity ratio of 1.71. Estee Lauder Companies has a 1 year low of $66.22 and a 1 year high of $121.64. The company has a market capitalization of $30.70 billion, a price-to-earnings ratio of -120.93, a P/E/G ratio of 0.87 and a beta of 1.26. The stock’s 50-day moving average price is $81.94 and its 200-day moving average price is $94.32.

Estee Lauder Companies (NYSE:EL – Get Free Report) last issued its quarterly earnings data on Friday, May 1st. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.25. Estee Lauder Companies had a positive return on equity of 20.66% and a negative net margin of 1.67%.The business had revenue of $3.71 billion for the quarter, compared to analysts’ expectations of $3.69 billion. During the same quarter in the prior year, the firm posted $0.65 EPS. The firm’s quarterly revenue was up 4.6% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. On average, sell-side analysts forecast that Estee Lauder Companies will post 2.41 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of EL. Covenant Asset Management LLC bought a new stake in shares of Estee Lauder Companies during the fourth quarter valued at approximately $3,634,000. Aberdeen Group plc raised its holdings in Estee Lauder Companies by 13.4% in the fourth quarter. Aberdeen Group plc now owns 201,255 shares of the company’s stock worth $21,075,000 after purchasing an additional 23,717 shares in the last quarter. Eurizon Capital SGR S.p.A. purchased a new position in Estee Lauder Companies during the fourth quarter valued at $14,619,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in Estee Lauder Companies during the fourth quarter valued at $19,438,000. Finally, HighTower Advisors LLC boosted its holdings in shares of Estee Lauder Companies by 44.5% during the 3rd quarter. HighTower Advisors LLC now owns 37,002 shares of the company’s stock valued at $3,261,000 after buying an additional 11,398 shares in the last quarter. 55.15% of the stock is currently owned by institutional investors.

About Estee Lauder Companies

(Get Free Report)

Estée Lauder Companies Inc (NYSE: EL) is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.

The company’s portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.

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