Estee Lauder Cos., Inc (NYSE:EL) shares, rose in value, with the stock price down by -20.90% to the previous day’s close as strong demand from buyers drove the stock to $68.94.
Actively observing the price movement in the last trading, the stock closed the session at $87.15, falling within a range of $63.36 and $72.6. The value of beta (5-year monthly) was 1.002 whereas the PE ratio was 63.85 over 12-month period. Referring to stock’s 52-week performance, its high was $159.75, and the low was $82.39. On the whole, EL has fluctuated by -29.02% over the past month.
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With the market capitalization of Estee Lauder Cos., Inc currently standing at about $24.75 billion, investors are eagerly awaiting this quarter’s results, scheduled for in December. The company’s Forward Dividend Ratio is 2.64, with its dividend yield at 3.83%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 15.66B, with a low estimate of 3.34B and a high estimate of 3.4B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 3.37B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EL’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.50, with the price of EL currently trading nearly -23.50% and -23.93% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 17.83, while the 7-day volatility ratio is showing 5.54% which for the 30-day chart, stands at 3.26%. Furthermore, Estee Lauder Cos., Inc (EL)’s beta value is 1.01, and its average true range (ATR) is 4.29.
A comparison of Estee Lauder Cos., Inc (EL) with its peers suggests the former has fared considerably weaker in the market. EL showed an intraday change of -20.90% in last session, and over the past year, it shrunk by -46.50%%.
Data on historical trading for Estee Lauder Cos., Inc (NYSE:EL) indicates that the trading volumes over the past 10 days have averaged 5.73 and over the past 3 months, they’ve averaged 4.06 million. According to company’s latest data on outstanding shares, there are 233.15 million shares outstanding.
Nearly 35.28% of Estee Lauder Cos., Inc’s shares belong to company insiders and institutional investors own 60.50% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.49 million shares as on 2024-10-15, resulting in a short ratio of 1.1. According to the data, the short interest in Estee Lauder Cos., Inc (EL) stood at 193.00 of shares outstanding as of 2024-10-15; the number of short shares registered in 2024-09-13 reached 5.7 million. The stock has fallen by -52.86% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EL stock heading into the next quarter.
