Estee Lauder Companies (The) (EL) has been under a strong bear grip, hence the stock is down -1.83% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.3% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.73% in the last 1 week, and is up 0.61% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Estee Lauder Companies (The) (NYSE:EL): The stock opened at $93.67 on Friday but the bulls could not build on the opening and the stock topped out at $94.19 for the day. The stock traded down to $92.49 during the day, due to lack of any buying support eventually closed down at $93.58 with a loss of -0.11% for the day. The stock had closed at $93.68 on the previous day. The total traded volume was 1,760,300 shares.
The stock has recorded a 20-day Moving Average of 0.29% and the 50-Day Moving Average is 1.3%. The Estee Lauder Companies Inc. has dropped 0.11% during the last 3-month period . Year-to-Date the stock performance stands at 6.96%.
Estee Lauder Companies (The) (EL) : Average target price received by Estee Lauder Companies (The) (EL) is $102.33 with an expected standard deviation of $5.49. The most aggressive target on the stock is $110, whereas the most downbeat target is $86. 15 financial analysts are currently covering the stock.
The Estee Lauder Companies Inc., is a manufacturer and marketer of skin care, makeup, fragrance and hair care products. The Companys products are sold in over 150 countries and territories under a number of brand names, including Estee Lauder, Aramis, Clinique, Origins, Le Labo, M.A.C, Bobbi Brown, La Mer and Aveda. It is also the global licensee for fragrances and/or cosmetics sold under brand names, such as Tommy Hilfiger, Donna Karan, Michael Kors, Tom Ford and Coach. It sells its products principally through limited distribution channels to complement the images associated with its brands. These channels include points of sale consisting of upscale department stores, specialty retailers, upscale perfumeries and pharmacies and prestige salons and spas. In addition, its products are sold in freestanding Company-operated stores, its own and authorized retailer Websites, stores on cruise ships, direct response television (DRTV), in-flight and duty-free shops.