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Friday, September 29, 2023

This Is Too Hot For The Estee Lauder Companies Inc. (NYSE: EL), Let’s Take A Closer Look

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for The Estee Lauder Companies Inc. (EL) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.15, or 0.09%, to $161.85. The The Estee Lauder Companies Inc. has recorded 24,907 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that The Estée Lauder Companies to Participate in the Barclays Global Consumer Staples Conference.

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Stocks Info

As a NYSE listed company, EL falls under the Consumer Defensive sector while operating within the Household & Personal Products industry segment. At the end of the last regular session, the stock closed at $161.70 and fluctuated between $163.50 as its day high and $160.25 as its day low. The current market capitalization of The Estee Lauder Companies Inc. is $57.42B. A total of 1.41 million shares were traded on the day, compared to an average of 2.66M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, EL has seen 1 BUY and 1 SELL insider trades, representing the acquisition of 129,283 and the disposition of 65,767 shares. Over the last 12 months, there were 38 BUYs and 47 SELLs from insiders. Insiders purchased 397,097 shares during that period but sold 296,356.

In the most recent transaction, LAUDER JANE sold 12,661 shares of EL for 152.75 per share on Aug 23. After the transaction, the Executive Vice President & CDO now owns 55,800 company shares. In a previous transaction on Aug 23, BARSHEFSKY CHARLENE sold 1,796 shares at 151.93 per share. EL shares that Director owns now total 48,845.

Among the insiders who sold shares, Hertzmark Hudis Jane disposed of 9,869 shares on May 16 at a per-share price of $199.95. This resulted in the Executive Group President holding 11,406 shares of EL after the transaction. In another insider transaction, Hertzmark Hudis Jane sold 43,311 shares at $202.09 per share on May 11. Company shares held by the Executive Group President now total 21,275.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. The Estee Lauder Companies Inc. pays an annual dividend of $2.64, resulting in a dividend yield of 1.63%, and it has a price to earnings (P/E) ratio of 58.04. EL’s most recent ex-dividend date was 8/30/2023 when it declared a $0.66 quarterly dividend that was paid in cash on 9/15/2023. Previously, the company paid the dividend on 6/15/2023 with an ex-dividend date of 5/30/2023. The EL stock dividend was $0.66 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for EL in the last 3 months, the mean price target is $186.97 with high estimates of $243.00 and low estimates of $146.00. In terms of 52-week highs and lows, EL has a high of $283.62 and a low of $147.18.

As of this writing, EL has an earnings estimate of -$0.19 per share for the current quarter. EPS was calculated based on a consensus of 21 estimates, with a high estimate of $0.02 per share and a lower estimate of -$0.3. The company reported an EPS of $0.47 in the last quarter, which was -7.80% lower than expectations of $0.51.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. EL’s latest balance sheet shows that the firm has $3.96B in Cash & Short Term Investments as of fiscal 2022. There were $7.64B in debt and $5.82B in liabilities at the time. Its Book Value Per Share was $15.59, while its Total Shareholder’s Equity was $6.43B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EL is Buy with a score of 4.17.

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