Estee Lauder Companies (NYSE:EL) updated its first quarter 2020 earnings guidance on Monday. The company provided earnings per share guidance of $1.56-1.59 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.55. The company issued revenue guidance of $3.84116-3.8764 billion, compared to the consensus revenue estimate of $3.75 billion.Estee Lauder Companies also updated its FY 2020 guidance to $5.90-5.98 EPS.
A number of research firms have recently weighed in on EL. Telsey Advisory Group reiterated an outperform rating and set a $195.00 target price (up from $190.00) on shares of Estee Lauder Companies in a research report on Thursday, May 2nd. Wells Fargo & Co reissued a hold rating and set a $190.00 price target on shares of Estee Lauder Companies in a report on Monday. Citigroup boosted their price target on Estee Lauder Companies from $188.00 to $197.00 and gave the stock a buy rating in a report on Thursday, May 2nd. Stifel Nicolaus boosted their price target on Estee Lauder Companies from $180.00 to $205.00 and gave the stock a buy rating in a report on Friday, July 19th. Finally, Piper Jaffray Companies boosted their price target on Estee Lauder Companies from $178.00 to $187.00 and gave the stock an overweight rating in a report on Monday, August 12th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and seventeen have assigned a buy rating to the company. Estee Lauder Companies presently has an average rating of Buy and an average target price of $175.92.
Shares of EL stock opened at $201.65 on Tuesday. The stock has a market cap of $64.85 billion, a price-to-earnings ratio of 44.71, a PEG ratio of 2.38 and a beta of 0.81. The stock has a 50-day moving average of $185.41 and a 200-day moving average of $170.05. The company has a current ratio of 1.69, a quick ratio of 1.26 and a debt-to-equity ratio of 0.62. Estee Lauder Companies has a 1-year low of $121.47 and a 1-year high of $202.84.
About Estee Lauder Companies
The Estée Lauder Companies Inc manufactures and markets skin care, makeup, fragrance, and hair care products. The company offers a range of skin care products, such as moisturizers, serums, cleansers, toners, body care products, exfoliators, acne care products, facial masks, cleansing devices, and sun care products; and makeup products, including lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as related items, including compacts, brushes, and other makeup tools.
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