Better Times Ahead For Estee Lauder Cos., Inc. (NYSE: EL)?

Estee Lauder Cos., Inc. (EL) concluded trading on Thursday at a closing price of $144.81, with 3.9 million shares of worth about $564.3 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 1.50% during that period and on April 18, 2024 the price saw a gain of about 4.90%. Currently the company’s common shares owned by public are about 232.08M shares, out of which, 231.93M shares are available for trading.

Stock saw a price change of -0.43% in past 5 days and over the past one month there was a price change of -0.94%. Year-to-date (YTD), EL shares are showing a performance of -0.98% which decreased to -43.67% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $102.22 but also hit the highest price of $260.46 during that period. The average intraday trading volume for Estee Lauder Cos., Inc. shares is 2.65 million. The stock is currently trading 0.24% above its 20-day simple moving average (SMA20), while that difference is down -0.98% for SMA50 and it goes to -1.47% lower than SMA200.

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Estee Lauder Cos., Inc. (NYSE: EL) currently have 232.08M outstanding shares and institutions hold larger chunk of about 58.71% of that.

The stock has a current market capitalization of $51.91B and its 3Y-monthly beta is at 1.09. PE ratio of stock for trailing 12 months is 111.81, while it has posted earnings per share of $1.30 in the same period. Its PEG reads 5.34 and has Quick Ratio of 0.96 while making debt-to-equity ratio of 1.79. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for EL, volatility over the week remained 3.69% while standing at 3.08% over the month.

Stock’s fiscal year EPS is expected to drop by -35.33% while it is estimated to increase by 89.86% in next year. EPS is likely to grow at an annualized rate of 20.93% for next 5-years, compared to annual growth of -1.12% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on April 02, 2024 offering a Buy rating for the stock and assigned a target price range of between $160 and $175 to it. Coverage by BofA Securities stated Estee Lauder Cos., Inc. (EL) stock as a Buy in their note to investors on March 28, 2024, suggesting a price target of $170 for the stock. On March 01, 2024, Goldman Resumed their recommendations, while on February 06, 2024, Telsey Advisory Group Reiterated their ratings for the stock with a price target of $155. Stock get a Hold rating from Deutsche Bank on January 02, 2024.

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