Estee Lauder Companies Inc (EL) on Focus After Trading At 52-Week Highs

September 17, 2017 - By Marry Poplack

Investors sentiment increased to 0.92 in Q4 2016. Its up 0.01, from 0.91 in 2016Q3. It improved, as 63 investors sold Estee Lauder Companies Inc shares while 203 reduced holdings. 66 funds opened positions while 180 raised stakes. 192.06 million shares or 1.13% less from 194.26 million shares in 2016Q3 were reported.
Proshare Advisors Ltd Llc has invested 0.04% of its portfolio in Estee Lauder Companies Inc (NYSE:EL). 47,410 were accumulated by Middleton And Com Ma. Icon Advisers has invested 0.04% in Estee Lauder Companies Inc (NYSE:EL). Capital Guardian Tru has 0% invested in Estee Lauder Companies Inc (NYSE:EL) for 250 shares. Kornitzer Mgmt Ks holds 0.37% or 255,600 shares. Flossbach Von Storch Ag holds 700,500 shares or 0.87% of its portfolio. Citigroup Inc holds 0% in Estee Lauder Companies Inc (NYSE:EL) or 30,233 shares. Sg Americas owns 43,377 shares for 0.03% of their portfolio. King Luther Capital Mngmt Corp has invested 0.08% in Estee Lauder Companies Inc (NYSE:EL). Bnp Paribas Arbitrage Sa holds 0.07% or 192,366 shares. Airain accumulated 47,024 shares or 0.29% of the stock. Allsquare Wealth Management Ltd Llc owns 0.02% invested in Estee Lauder Companies Inc (NYSE:EL) for 262 shares. Pax Ww Management Llc accumulated 207,597 shares or 0.9% of the stock. Mirae Asset Ltd accumulated 19,537 shares. Ftb Advisors Inc reported 1,637 shares stake.

Since May 10, 2017, it had 0 buys, and 5 sales for $7.51 million activity. Shares for $1.54 million were sold by LAUDER RONALD S FOUNDATION on Monday, May 15. On Monday, May 22 the insider BARSHEFSKY CHARLENE sold $221,571. The insider BRAVO ROSE MARIE sold 9,312 shares worth $892,928.

The stock of Estee Lauder Companies Inc (NYSE:EL) hit a new 52-week high and has $115.17 target or 5.00 % above today’s $109.69 share price. The 9 months bullish chart indicates low risk for the $40.36 billion company. The 1-year high was reported on Sep, 17 by Barchart.com. If the $115.17 price target is reached, the company will be worth $2.02B more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock decreased 0.29% or $0.32 on September 15, reaching $109.69. About 1.90 million shares traded. Estee Lauder Companies Inc (NYSE:EL) has risen 1.49% since September 17, 2016 and is uptrending. It has underperformed by 15.21% the S&P500.

Wall Street await Estee Lauder Companies Inc (NYSE:EL) to release earnings on November, 1. Analysts forecast earnings per share of $0.96, up exactly $0.12 or 14.29 % from 2014’s $0.84 EPS. The expected EL’s profit could reach $353.23 million giving the stock 28.57 P/E in the case that $0.96 earnings per share is reported. After posting $0.51 EPS for the previous quarter, Estee Lauder Companies Inc’s analysts now forecast 88.24 % EPS growth.

Estee Lauder Companies Inc (NYSE:EL) Ratings Coverage

Among 26 analysts covering Estee Lauder (NYSE:EL), 20 have Buy rating, 1 Sell and 5 Hold. Therefore 77% are positive. Estee Lauder has $122 highest and $72 lowest target. $102.27’s average target is -6.76% below currents $109.69 stock price. Estee Lauder had 66 analyst reports since July 21, 2015 according to SRatingsIntel. UBS maintained the shares of EL in report on Tuesday, November 3 with “Buy” rating. The rating was maintained by Citigroup with “Neutral” on Monday, August 22. The stock of Estee Lauder Companies Inc (NYSE:EL) earned “Buy” rating by Deutsche Bank on Monday, August 21. The stock of Estee Lauder Companies Inc (NYSE:EL) has “Neutral” rating given on Friday, February 3 by UBS. The rating was upgraded by Argus Research on Tuesday, August 22 to “Buy”. Stifel Nicolaus maintained the stock with “Buy” rating in Tuesday, June 6 report. On Thursday, November 3 the stock rating was downgraded by CSLA to “Underperform”. The firm has “Buy” rating by RBC Capital Markets given on Wednesday, May 31. The firm has “Overweight” rating by Morgan Stanley given on Wednesday, March 23. B. Riley & Co maintained Estee Lauder Companies Inc (NYSE:EL) on Tuesday, November 3 with “Neutral” rating.

More notable recent Estee Lauder Companies Inc (NYSE:EL) news were published by: Investorplace.com which released: “Estee Lauder Companies Inc (EL) Stock Rises on Earnings Report” on August 18, 2017, also Finance.Yahoo.com with their article: “Should You Buy The Estée Lauder Companies Inc (EL)?” published on September 11, 2017, Seekingalpha.com published: “Estee Lauder: Should You Worry About Deteriorating Margins?” on August 29, 2017. More interesting news about Estee Lauder Companies Inc (NYSE:EL) were released by: Nasdaq.com and their article: “The Estee Lauder Companies Inc (EL) President and CEO Fabrizio Freda Sold $31 …” published on August 23, 2017 as well as Reuters.com‘s news article titled: “US agency sues Estee Lauder Companies over parental leave policy” with publication date: August 30, 2017.

The Estee Lauder Companies Inc. manufactures and markets skin care, makeup, fragrance and hair care products. The company has market cap of $40.36 billion. The Firm offers products, including skin care, makeup, fragrance, hair care and other. It has a 32.75 P/E ratio. The Firm operates in beauty products segment.

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