Estee Lauder Cos., Inc (NYSE:EL) price on Thursday, February 06, fall -2.55% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $64.26.
A look at the stock’s price movement, the close in the last trading session was $65.94, moving within a range at $64.095 and $66.99. The beta value (5-Year monthly) was 1.044. Turning to its 52-week performance, $159.54 and $62.29 were the 52-week high and 52-week low respectively. Overall, EL moved -12.65% over the past month.
Estee Lauder Cos., Inc’s market cap currently stands at around $23.07 billion, with investors looking forward to this quarter’s earnings report slated for in March. The company has a Forward Dividend ratio of 2.33, with its dividend yield at 3.63%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 3.52B for the company’s revenue for the quarter, with a low and high estimate of 3.45B and 3.78B respectively. The average forecast suggests down to a -10.56% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 14.46B, representing a -7.35% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that EL is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
17 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 7 analyst(s) rate the stock as a Hold, 10 recommend EL as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
EL’s current price about -16.96% and -16.13% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 28.13, while 7-day volatility ratio is 6.45% and 3.98% in the 30-day chart. Further, Estee Lauder Cos., Inc (EL) has a beta value of 1.07, and an average true range (ATR) of 3.57. Analysts have given the company’s stock an average 52-week price target of $109, forecast between a low of $76 and high of $130. Looking at the price targets, the low is -18.27% off current price level while to achieve the yearly target high, price needs to move -102.3%. Nonetheless, investors will most likely welcome a -69.62% jump to $109 which is the analysts’ median price.
If we refocus on Estee Lauder Cos., Inc (NYSE:EL), historical trading data shows that trading volumes averaged 5.71 over the past 10 days and 4.46 million over the past 3 months. The company’s latest data on shares outstanding shows there are 234.15 million shares.
The 35.29% of Estee Lauder Cos., Inc’s shares are in the hands of company insiders while institutional holders own 58.99% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 8.06 million on 2025-01-15, giving us a short ratio of 2.57. The data shows that as of 2025-01-15 short interest in Estee Lauder Cos., Inc (EL) stood at 347.0 of shares outstanding, with shares short rising to 8.02 million registered in 2024-12-13. Current price change has pushed the stock -14.30% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the EL stock continues to rise going into the next quarter.
