Estee Lauder's quarterly profit beats estimates

19 August, 2017, 00:57 | Author: Benny Bass
  • Estee Lauder Companies, Inc. (the) - EL - Stock Price Today - Zacks

Fayez Sarofim & Company sold 104,054 shares as Esteelaudercompaniesclassa (EL)'s stock rose 8.67%. The company reported $0.51 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.43 by $0.08. The company has a market cap of $37.18 billion, a PE ratio of 33.87 and a beta of 0.72. Tightening the gaze, stock performance for the last 5 trading days is -3.31%. The insider now directly owns 8,000 shares worth $786,560. The legal version of this story can be accessed at It has underperformed by 15.21% the S&P500.The move comes after 7 months negative chart setup for the $36.92 billion company. It also reduced its holding in Mondelez Intl Inc (NASDAQ:MDLZ) by 561,912 shares in the quarter, leaving it with 6,336 shares, and cut its stake in Biogen Inc (NASDAQ:BIIB).

Investors sentiment increased to 2.29 in 2016 Q4. Its up 0.01, from 0.91 in 2016Q3. These holdings make up 77.15% of the company's outstanding shares. The value of the position overall is down by 61.3%. Its up 0.66, from 1.63 in 2016Q3. New York State Common Retirement Fund owns 16,900 shares. Loomis Sayles LP accumulated 1,670 shares. Glg Lc invested in 0.07% or 12,985 shares. Short-term investors can use monthly, weekly and even intraday trend graphs to foresee the direction of stocks. Brands, Inc. (NYSE:YUM). Janney Montgomery Scott Ltd Liability Co has 0.04% invested in Yum! First Corp In owns 2,999 shares for 0.09% of their portfolio. Advsrs Asset reported 6,426 shares stake. Guyasuta Invest Advisors invested in 0.03% or 3,400 shares. Old Mutual Glob (Uk) Ltd has 6,087 shares for 0.01% of their portfolio. D E Shaw & Commerce, New York-based fund reported 353,672 shares. The ex-dividend date was set for Friday the 26th of May 2017. LAUDER RONALD S FOUNDATION sold $1.54M worth of stock. Therefore 50% are positive. (The) in a research report on Saturday, April 22nd. The rating was maintained by RBC Capital Markets on Tuesday, August 8 with "Buy". Whereas 3 of them predict the stock is a hold. (The) in a research report on Thursday, August 10th. (The) in a report on Monday, May 1st. (The) in a research report on Thursday, August 10th. Stifel Nicolaus maintained the stock with "Buy" rating in Thursday, July 6 report. Keep in mind that Investors should not rely only on an analyst's recommendation when taking a decision whether to buy, hold, or sell a stock. Therefore 73% are positive. Finally, BidaskClub cut Estee Lauder Companies, Inc. As per Friday, September 9, the company rating was downgraded by Argus Research. 2,531 are owned by Brown Brothers Harriman Company. Wells Fargo & Company reissued an "outperform" rating and set a $106.00 price objective (up from $103.00) on shares of Estee Lauder Companies, Inc. Goldman Sachs upgraded the stock to "Buy" rating in Tuesday, April 4 report. (NYSE:EL) traded up 0.03% during midday trading on Wednesday, reaching $101.07. This dividend represents a yeild of $1.34 which is the dividend as a percentage of the current share price. As per Friday, February 3, the company rating was maintained by UBS. The Group President now owns $0 of the stock according to the SEC filing. (The) were worth $7,066,000 at the end of the most recent quarter.

Since May 4, 2017, it had 0 insider purchases, and 3 insider sales for $953,010 activity. Also, insider John Demsey sold 27,524 shares of the stock in a transaction dated Wednesday, June 14th. The stock was sold at an average price of $95.89, for a total value of $892,927.68. The total value of its holdings increased 49.5%. MA raised its position in Estee Lauder Companies, Inc. Moreover, Columbia Wanger Asset Management Llc has 1.16% invested in the company for 1.18 million shares.

In other news, Director Charlene Barshefsky sold 2,383 shares of Estee Lauder Companies, Inc. Cornerstone holds 1,934 shares. Financial Bank Of America De reported 0.04% stake. Bluefin Trading Limited Com stated it has 596,500 shares. Mason Street Ltd holds 30,407 shares.

Net income reported by Estee Lauder Companies Inc in its fiscal fourth quarter of 2017 was $230 million. Jefferies Group LLC set a $91.00 price objective on shares of Estee Lauder Companies, Inc. Advantus reported 22,308 shares. Finally, Public Employees Retirement System of OH increased its stake in shares of Estee Lauder Companies, Inc. The company's stock had a trading volume of 2,033,940 shares.

(The) with's FREE daily email newsletter.


  • Alibaba Group Holding Ltd (BABA) Stock Is a Screaming Buy

    Alibaba Group Holding Ltd (BABA) Stock Is a Screaming Buy

    UBS Securities increased the stock price target of Alibaba (NYSE: BABA ) to $200.00 indicating a possible upside of 0.19%. The company's net profit margin has achieved the current level of 27.6 percent and possesses 62.4 percent gross margin.
    Erdogan Calls on Turks in Germany to Vote Against Turkey's Foes

    Erdogan Calls on Turks in Germany to Vote Against Turkey's Foes

    President Recep Tayyip Erdogan waded into the German election campaign on Friday, calling on Turkish expatriates to vote against politicians he considered "enemies" of his country.
    Osinbajo in Rwanda for Kagame's Swearing

    Osinbajo in Rwanda for Kagame's Swearing

    The dignitaries will witness the swearing-in of Paul Kagame on Friday at the Amahoro National Stadium for his third term of office.
  • Franklin contract extension approved

    Franklin contract extension approved

    According to's Bruce Feldman, Franklin has agreed to a new deal worth $5.8 million per year, for six years. Penn State's Board of Trustees approved a contract extension for HC James Franklin through the 2023 season.
    Julian Draxler's agent on the PSG star moving to Arsenal

    Julian Draxler's agent on the PSG star moving to Arsenal

    The Catalans may decide to make a move on the 23-year-old if they fail in their pursuit of Philippe Coutinho and Ousmane Dembele. Arsenal , Chelsea , Liverpool and Manchester United have all asked Paris Saint Germain about the situation of Julian Draxler .

    A dilemma of dual citizenship

    Two senators in the minority Greens party, one born in Canada and the other in New Zealand, resigned from parliament last month. But there seems to be confusion over whether British citizenship by descent is granted automatically or must be applied for.
  • 3M CEO Latest to Resign From Trump's Manufacturing Council

    3M CEO Latest to Resign From Trump's Manufacturing Council

    I will continue to support all efforts to spur economic growth and advocate for the values that have always made American great". Late Tuesday, Trumka tweeted a statement reversing an earlier confirmation that he would remain on the council.
    Crackdown 3 delayed to 2018

    Crackdown 3 delayed to 2018

    Microsoft had a fairly good E3 showing this year but unfortunately, most of the games shown were listed with 2018 release dates. In addition to that, Doritos will be releasing a special "Power" flavor supporting the Xbox One X's launch.
    Tips to groom pubic hair

    Tips to groom pubic hair

    In a new survey reported in JAMA Dermatology , researchers found that 76% of adults in the USA said they groomed their pubic hair. Furthermore, 1.4% of those folks were apparently forced to seek medical attention due to their injuries.
  • In Mumbai, stray dogs are turning blue in colour

    In Mumbai, stray dogs are turning blue in colour

    Environmentalists are anxious that pollutant industrial water will adversely affect marine lives in the satellite city. A water quality test conducted by the Navi Mumbai Municipal Corporation indicated waste treatment was "inadequate".
    Turkey is boosting its military cooperation with Iran

    Turkey is boosting its military cooperation with Iran

    Her conservatives enjoy a comfortable lead over the Social Democrats (SPD), their current coalition partner and major rival. Tensions between Erdogan and the European Union were increased in 2016 after an abortive coup attempt against him.
    Two Magazine Covers Drop The Mic On Trump's Charlottesville Response

    Two Magazine Covers Drop The Mic On Trump's Charlottesville Response

    The New Yorker on Thursday unveiled its latest cover illustration featuring the president blowing into the sail of a KKK hood. THE COVER PAGES of both The Economist and New Yorker magazines have published covers linking Donald Trump to the Ku Klux Klan.


White nationalist contacted about "Free Speech' rally in Boston"
The group said on Facebook that it is not affiliated with the Charlottesville rally organizers in any way. Counter-protest organizers said they expect as many as 20,000 to 30,000 people to join them.

Glasses ready! Arizona spots hosting solar eclipse viewing events
While everyone in the U.S. will be able to see at least a partial eclipse , some states will have better views than others. NASA notes that glasses must comply with the ISO 12312-2 safety standard if you plan on staring directly at the eclipse .

'Buyers market' for students still searching for university places
The variety of subjects undertaken by this year's cohort in both their A levels and post-Sixth Form destinations is impressive. Grindon Hall Christian School Sixth Form students celebrated today as they collected their A' level results from school.

Center Justin Britt and Seahawks agree to contract extension
And also the fact that we're able to do it on the offensive line, I think it is important to note that. Britt has helped stabilise Seattle's often changing line.

MI crackdown on drunk driving includes more patrols, starting today
The end of summer is traditionally marked by the Labor Day holiday, a time to reflect on the hard work of our fellow Americans. The enforcement plan is part of a nationwide effort created to stop drunk driving and save lives.