Economy

Earnings On Deck For The Estee Lauder Companies Inc

The firm owned 4,528 shares of the company's stock after selling 20,445 shares during the quarter.

The company now expects full-year reported net earnings between $2.79 and $2.88 per share, and adjusted earnings, or net earnings per share before charges associated with restructuring and other activities as well as the impact of the TCJA provisional charges, to be between $4.27 and $4.32. For the last period, the company reported quarter over quarter EPS growth of 44.40% and quarter over quarter sales growth of 14.30%. Janus Henderson Group PLC boosted its stake in shares of Estee Lauder Companies by 1,676.9% in the second quarter.

The skincare and cosmetics big brand name, said in the second quarter, net income dropped to US$123mln or 33 USA cents per share, from the US$428mln or US$1.15 per share recorded in the year earlier period. Moors & Cabot Inc. lifted its position in shares of Estee Lauder Companies by 1.1% in the second quarter. The stock was sold at an average price of $121.16, for a total transaction of $3,619,412.68.

Publicly-traded companies normally report earnings and revenue figures that are either above or below the average Wall Street projection. Estee Lauder Companies has a 1 year low of $81.69 and a 1 year high of $138.45. The company has a current ratio of 1.75, a quick ratio of 1.27 and a debt-to-equity ratio of 0.71.

Estee Lauder Companies (NYSE:EL) last announced its earnings results on Friday, February 2nd. Estee Lauder Companies had a net margin of 11.30% and a return on equity of 33.64%.

The beauty products company posted revenue of $3.74 billion in the period, also beating Street forecasts. During the same quarter in the previous year, the business posted $1.22 EPS. The company is expecting earnings per share for the year to range from $4.27 and $4.32.

On 2/2/2018 announced a quarterly dividend of $0.38 0.00282401902497027% with an ex dividend date of which will be payable on 2/28/2018. Stockholders of record on Wednesday, February 28th will be given a dividend of 0.38 per share on Thursday, March 15th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.13%. Estee Lauder Companies has a payout ratio of 36.5% meaning its dividend is sufficiently covered by earnings.

On 11/20/2017 1992 Grat Remainder Trust Fbo, Insider, sold 570,000 with an average share price of $125.53 per share and the total transaction amounting to $71,552,100.00. The company now has a consensus rating of "Buy" and a consensus price target of $121.12. These holdings make up 79.18% of the company's outstanding shares. In terms of recent volatility, the average for the month is 1.64% and 1.82% for the past week.

We can gain important insight by taking a look at institutional ownership, as detailed in public companies' latest 13F filings. The disclosure for this sale can be found here. Over the last five trading sessions, the stock has moved -1.90%.

A number of research firms have recently issued reports on EL. Wells Fargo & Co reissued a "buy" rating and issued a $150.00 price target on shares of Estee Lauder Companies in a research report on Wednesday. CIBC reiterated an outperform rating and set a $148.00 price objective (up previously from $130.00) on shares of Estee Lauder Companies in a report on Tuesday, January 23rd.



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