Why Estee Lauder Stock Jumped Today

Alicia Cross
November 2, 2017

Shareholders of record on Thursday, November 30th will be issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.36%. The company issued revenue guidance of $13.08-13.13 billion, compared to the consensus revenue estimate of $12.87 billion.Estee Lauder Companies, Inc. (The)'s previous quarterly dividend of $0.34. (The)'s dividend payout ratio (DPR) is presently 40.60%.

Several brokerages recently commented on EL. Looking at a shorter time period, shares have been seen 7.93% away from the 50 day high and 16.73% off the 50 day low price. (The) and gave the stock a buy rating in a report on Monday, October 23rd. Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $117.00 target price on shares of Estee Lauder Companies, Inc.

09/20/2017 - Estee Lauder Companies, Inc. Hot Stocks Point (HSP) makes sure to keep the information up to date and correct, but we didn't suggest or recommend buying or selling of any financial instrument unless that information is subsequently confirmed on your own. (The) in a research note on Wednesday, September 20th.

October 13 investment analysts at Bank of America made no change to the stock rating of "Buy" but raised the price expectation to $122.00 from $119.00. Morgan Stanley reported 3.05M shares.

The company has a 50 day moving average of $109.62 and a 200 day moving average of $100.05. The firm has a market cap of $44.70 billion, a P/E ratio of 36.26 and a beta of 0.67. (The) (NYSE:EL) last posted its quarterly earnings results on Thursday, November 2nd. The company reported $1.21 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.97 by $0.24.

Overall sales were $3.27 billion in its first quarter ended September 30, beating Wall Street expectations. During the same quarter in the prior year, the company posted $0.85 EPS.

Amid volatile financial markets and the presidential election, various investment brokerages have made amendments to their price targets and ratings on shares of Estee Lauder Companies, Inc.

The business accounts for almost half the company's total sales. (The) stock in a transaction that occurred on Monday, August 7th.

Sara E. Moss, EVP disclosed the sale of 3,971 shares. About 7.60M shares traded or 366.26% up from the average. The stock was sold at an average price of $106.30, for a total transaction of $1,063,000.00.

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A number of analysts have weighed in on EL shares. Liberty Mutual Asset Mngmt has 0.06% invested in Estee Lauder Companies Inc (NYSE:EL). The 1-year high was reported on Nov, 1 by Barchart.com. Estee Lauder Companies now has an average rating of "Buy" and an average target price of C$100.78.

The stock increased 0.87% or $0.96 during the last trading session, reaching $111.81.

08/15/2017 - Estee Lauder Companies, Inc. (The) by 126.1% in the 3rd quarter.

Further, for fiscal 2018, the company now expects net earnings per share between $3.77 and $3.88 and adjusted earnings per share between $4.04 and $4.12. Estee Lauder Companies now has $45.01B valuation. Estee Lauder Companies Inc.

Make-up firm Estee Lauder has reported a sharp rise in sales, helped by its recent purchase of brands favoured by selfie-loving younger customers. "(The) (EL) Sets New 1-Year High After Dividend Announcement" was first published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this article on another site, it was copied illegally and republished in violation of United States & worldwide trademark and copyright law.

What Historical Figures Say About The Estee Lauder Companies Inc.

The Estee Lauder Companies Inc., launched on December 9, 1976, manufactures and markets skin care, makeup, fragrance and hair care products.

Business for makeup companies is booming across Asia and the Pacific, especially China, as a growing middle class travels and spends more, visiting beauty retailers more often and shopping more at duty-free stores at airports.

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