Estee Lauder Companies Gets a Hold from Jefferies

By Ryan Adsit

In a report released today, Kevin Grundy from Jefferies reiterated a Hold rating on Estee Lauder Companies (NYSE: EL), with a price target of $91. The company’s shares closed yesterday at $85.36.

According to, Grundy is a 4-star analyst with an average return of 4.3% and a 74.2% success rate. Grundy covers the Consumer Goods sector, focusing on stocks such as Spectrum Brands Holdings, Edgewell Personal Care, and Monster Beverage Corp.

Estee Lauder Companies has an analyst consensus of Moderate Buy, with a price target consensus of $94.33.

Based on Estee Lauder Companies’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $3.21 billion and quarterly net profit of $428 million. In comparison, last year the company earned revenue of $2.66 billion and had a net profit of $266 million.

Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of EL in relation to earlier this year. Most recently, in February 2017, 1992 Grat Remainder Trust Fbo William Lauder, a Major Shareholder at EL bought 1,518,655 shares for a total of $17,327,168.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Estee Lauder Cos., Inc. manufactures and markets skin care, makeup, fragrance, and hair care products. It offers skin care products, such as moisturizers, serums, cleansers, toners, body care, exfoliators, acne and oil correctors, facial masks, cleansing devices, and sun care products; fragrance products, including lotions, powders, creams, candles, and soaps; makeup products, and other ancillary products. It sells products under the following brand names: Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, Kiton, La Mer, Bobbi Brown, Aveda, Bumble and bumble, Michael Kors, Darphin, GoodSkin Labs, Tom Ford, Ojon, Smashbox, Ermenegildo Zegna, AERIN, Osiao, Marni, Tory Burch, RODIN olio lusso, Le Labo, and GLAMGLOW. The company was founded by Estée Lauder and Joseph Lauder in 1946 and is headquartered in New York, NY.