Telsey Advisory Remains a Hold on The Estée Lauder Companies (EL)

Telsey Advisory analyst Dana Telsey maintained a Hold rating on The Estée Lauder Companies today and set a price target of $105.00.

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Telsey covers the Consumer Cyclical sector, focusing on stocks such as Urban Outfitters, Gap Inc, and Tapestry. According to TipRanks, Telsey has an average return of 2.2% and a 42.19% success rate on recommended stocks.

In addition to Telsey Advisory, The Estée Lauder Companies also received a Hold from TipRanks – OpenAI’s OpenAI Household and Personal Products in a report issued today. However, yesterday, Deutsche Bank maintained a Buy rating on The Estée Lauder Companies (NYSE: EL).

Based on The Estée Lauder Companies’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $3.48 billion and a net profit of $47 million. In comparison, last year the company earned a revenue of $3.36 billion and had a GAAP net loss of $156 million

Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EL in relation to earlier this year. Last month, Jane Lauder, a Director at EL sold 17,840.00 shares for a total of $1,683,739.20.