While Estee Lauder Cos., Inc. has underperformed by -0.64%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, EL fell by -42.48%, with highs and lows ranging from $159.75 to $82.39, whereas the simple moving average fell by -30.22% in the last 200 days.
On September 10, 2024, B. Riley Securities started tracking Estee Lauder Cos., Inc. (NYSE: EL) recommending Neutral. A report published by Piper Sandler on August 22, 2024, Upgraded its rating to ‘Overweight’ for EL. BofA Securities also Downgraded EL shares as ‘Neutral’, setting a target price of $100 on the company’s shares in a report dated August 16, 2024. Raymond James July 22, 2024d its ‘Strong Buy’ rating to ‘Mkt Perform’ for EL, as published in its report on July 22, 2024. Telsey Advisory Group’s report from July 12, 2024 suggests a price prediction of $115 for EL shares, giving the stock a ‘Market Perform’ rating. Piper Sandler also rated the stock as ‘Neutral’.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Analysis of Estee Lauder Cos., Inc. (EL)
A return on investment can be expected regardless of EL’s performance over the next quarter with the dividend set at $2.64 per share. Further, the quarter-over-quarter increase in sales is 6.93%, showing a positive trend in the upcoming months.
To gain a thorough understanding of Estee Lauder Cos., Inc.’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of 7.16% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.01, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and EL is recording an average volume of 3.72M. On a monthly basis, the volatility of the stock is set at 2.98%, whereas on a weekly basis, it is put at 2.89%, with a gain of 3.85% over the past seven days. Furthermore, long-term investors anticipate a median target price of $107.48, showing growth from the present price of $87.44, which can serve as yet another indication of whether EL is worth investing in or should be passed over.
How Do You Analyze Estee Lauder Cos., Inc. Shares?
A leading company in the Household & Personal Products sector, Estee Lauder Cos., Inc. (EL) is based in the USA. When comparing Estee Lauder Cos., Inc. shares with other companies under Consumer Defensive, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 80.98, there is a growth in quarterly earnings of -757.98%.
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 35.30%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 59.18% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
EL shares are owned by institutional investors to the tune of 59.18% at present.
