Estee Lauder Companies (NYSE:EL) Issues FY 2020 Earnings Guidance

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Estee Lauder Companies (NYSE:EL) issued an update on its FY 2020 earnings guidance on Monday morning. The company provided EPS guidance of $5.90-5.98 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.81. The company issued revenue guidance of $15.90341-16.05204 billion, compared to the consensus revenue estimate of $15.82 billion.Estee Lauder Companies also updated its FY20 guidance to $5.90-5.98 EPS.

EL stock opened at $202.20 on Wednesday. Estee Lauder Companies has a 52-week low of $121.47 and a 52-week high of $206.00. The company’s 50 day simple moving average is $185.83 and its 200-day simple moving average is $170.38. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.69 and a quick ratio of 1.26. The firm has a market capitalization of $64.85 billion, a P/E ratio of 37.87, a P/E/G ratio of 2.38 and a beta of 0.81.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings results on Monday, August 19th. The company reported $0.64 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.53 by $0.11. Estee Lauder Companies had a net margin of 12.45% and a return on equity of 43.52%. The business had revenue of $3.59 billion for the quarter, compared to analyst estimates of $3.53 billion. During the same quarter in the previous year, the business earned $0.61 earnings per share. The firm’s revenue was up 9.0% compared to the same quarter last year. Sell-side analysts predict that Estee Lauder Companies will post 5.88 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, September 16th. Stockholders of record on Friday, August 30th will be issued a dividend of $0.43 per share. The ex-dividend date is Thursday, August 29th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 0.85%. Estee Lauder Companies’s dividend payout ratio is currently 32.21%.

A number of equities research analysts have recently issued reports on EL shares. Telsey Advisory Group restated an outperform rating and set a $195.00 price target (up previously from $190.00) on shares of Estee Lauder Companies in a report on Thursday, May 2nd. Piper Jaffray Companies boosted their price target on shares of Estee Lauder Companies from $178.00 to $187.00 and gave the company an overweight rating in a report on Monday, August 12th. Raymond James restated an outperform rating and set a $216.00 price target (up previously from $181.00) on shares of Estee Lauder Companies in a report on Tuesday. Macquarie boosted their price target on shares of Estee Lauder Companies from $170.00 to $195.00 and gave the company an outperform rating in a report on Thursday, May 2nd. Finally, Stifel Nicolaus boosted their price target on shares of Estee Lauder Companies from $205.00 to $210.00 and gave the company a buy rating in a report on Tuesday. One equities research 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 currently has a consensus rating of Buy and an average target price of $187.67.

Estee Lauder Companies Company Profile

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.

See Also: Outstanding Shares

Earnings History and Estimates for Estee Lauder Companies (NYSE:EL)

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