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Estee Lauder Companies Inc Add to portfolio

INX:EL, Dec 14, 11:03 UTC

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Tuesday, December 11


News

Why Michael Kors Stock Dropped 21% in November

EL KORS

Shares of Michael Kors (NYSE: KORS) plunged 21% in November, according to data from S&P Global Market Intelligence, despite roughly inline fiscal second-quarter 2019 results from the luxury handbag, clothing, and accessories specialist. To be sure, nearly all of Michael Kors' decline last month came on Nov. 7 -- the first trading day after the company revealed its quarterly revenue had climbed 9.3% year over year to $1.25 billion, translating to a 4.5% decline in adjusted net income per share, to $1.27. Retail sales of Michael Kors' namesake brand remained roughly flat on a year-over-year basis at $643.9 million, roughly in line with the company's expectations, as contributions from new locations were offset by a 2.1% decline in comparable-store sales. Michael Kors also highlighted its impending $2.1 billion purchase of Versace -- though some investors are concerned that the company may have overpaid for its latest bounty. Assuming the acquisition closes as expected in the fourth quarter of fiscal 2019, Michael Kors will then be renamed Capri Holdings Limited.

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News

Estee Lauder Companies Inc (NYSE:EL) Shares Bought by Bowie Capital Management LLC – Fairfield Current

EL

Bowie Capital Management LLC lifted its holdings in shares of Estee Lauder Companies Inc (NYSE:EL) by 51.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). DA Davidson raised Estee Lauder Companies from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $134.00 to $167.00 in a report on Tuesday, August 21st. The stock has a market capitalization of $49.75 billion, a price-to-earnings ratio of 30.59, a P/E/G ratio of 2.38 and a beta of 0.65. In other news, EVP Alexandra C. Trower sold 4,781 shares of Estee Lauder Companies stock in a transaction dated Wednesday, November 14th.

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Friday, December 07


News

Why Michael Kors Holdings Stock Fell 6% on the Jobs Report

EL KORS

Why Michael Kors Holdings Stock Fell 6% on the Jobs Report. Shares of fashion-maker and retailer Michael Kors Holdings Ltd (NYSE: KORS) finished trading down 5.7% on Dec. 7, more than double the 2.3% decline for the S&P 500 in what turned into one of the worst days for stocks in 2018. Michael Kors joined hundreds of other consumer-goods stocks that took a beating today, following the release of the monthly jobs report from the U.S. Department of Labor. So what. Now what. While the market was likely selling off Michael Kors and a litany of other consumer-brand stocks on today's bigger macro fears, investors should be more focused on specific and more material things with the company.

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Thursday, December 06


News

Is The Estee Lauder Companies Inc (EL) Going to Burn These Hedge Funds?

EL

We have processed the filings of the more than 700 world-class investment firms that we track and now have access to the collective wisdom contained in these filings, which are based on their September 30 holdings, data that is available nowhere else. Our research has shown that hedge funds' small-cap stock picks managed to the beat the market by double digits annually between 1999 and 2016, but the margin of outperformance has been declining in recent years. Below, you can check out the change in hedge fund sentiment towards EL over the last 13 quarters. So, let's see which hedge funds were among the top holders of the stock and which hedge funds were making big moves. Renaissance Technologies, Citadel Investment Group, and D E Shaw were also very fond of the stock, giving the stock large weights in their portfolios. As one would reasonably expect, key hedge funds have jumped into The Estee Lauder Companies Inc (NYSE:EL) headfirst.

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News

Estee Lauder Companies Inc (NYSE:EL) Stake Raised by Penserra Capital Management LLC – PressOracle

EL

Penserra Capital Management LLC lifted its position in shares of Estee Lauder Companies Inc (NYSE:EL) by 16.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). DA Davidson raised shares of Estee Lauder Companies from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $134.00 to $167.00 in a report on Tuesday, August 21st. Shares of Estee Lauder Companies stock traded down $8.56 on Wednesday, reaching $144.09. The company has a market cap of $51.76 billion, a PE ratio of 31.95, a price-to-earnings-growth ratio of 2.65 and a beta of 0.65.

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Tuesday, December 04


News

Financial Contrast: Estee Lauder Companies (NYSE:EL) & 2050 Motors (ETFM) – Fairfield Current

EL

Estee Lauder Companies (NYSE:EL) and 2050 Motors (OTCMKTS:ETFM) are both consumer staples companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, dividends, risk, earnings, profitability, analyst recommendations and valuation. Estee Lauder Companies has a beta of 0.65, meaning that its share price is 35% less volatile than the S&P 500. This is a breakdown of current recommendations for Estee Lauder Companies and 2050 Motors, as provided by MarketBeat.com.

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Monday, December 03


News

Axa Decreases Holdings in Michael Kors Holdings Ltd (KORS) – Fairfield Current

EL KORS

Teachers Retirement System of The State of Kentucky now owns 196,541 shares of the lifestyle brand’s stock worth $13,474,000 after buying an additional 179,000 shares in the last quarter. Buckingham Research lowered their price objective on shares of Michael Kors from $85.00 to $74.00 and set a “buy” rating on the stock in a research report on Wednesday, October 17th. During the same period last year, the company posted $1.33 earnings per share. As a group, research analysts predict that Michael Kors Holdings Ltd will post 5.02 EPS for the current year. In other news, insider Michael David Kors sold 179,920 shares of the firm’s stock in a transaction dated Tuesday, September 18th.

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Sunday, December 02


News

Estee Lauder Companies Inc (NYSE:EL) Stake Lowered by Comerica Bank – PressOracle

EL

The firm owned 74,827 shares of the company’s stock after selling 12,053 shares during the quarter. Several other institutional investors and hedge funds have also bought and sold shares of EL. IFM Investors Pty Ltd increased its holdings in Estee Lauder Companies by 46.0% in the second quarter. IFM Investors Pty Ltd now owns 10,195 shares of the company’s stock valued at $1,455,000 after buying an additional 3,210 shares in the last quarter. DA Davidson raised shares of Estee Lauder Companies from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $134.00 to $167.00 in a report on Tuesday, August 21st. In other Estee Lauder Companies news, Director Irvine O. Hockaday, Jr. sold 1,700 shares of the business’s stock in a transaction dated Tuesday, September 11th.

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Saturday, December 01


News

Michael Kors (NYSE:KORS) Issues FY19 Earnings Guidance – Marea Informative

EL KORS

Michael Kors (NYSE:KORS) issued an update on its FY19 earnings guidance on Wednesday morning. The company issued revenue guidance of ~$5.125 billion, compared to the consensus revenue estimate of $5.14 billion.Michael Kors also updated its Q3 guidance to $1.52-1.57 EPS. The stock has a market cap of $6.58 billion, a price-to-earnings ratio of 9.68, a PEG ratio of 1.40 and a beta of 0.39. Buckingham Research upped their price target on Michael Kors from $84.00 to $85.00 and gave the company a buy rating in a report on Thursday, August 16th.

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Friday, November 30


News

Is The Estee Lauder Companies (EL) Stock Outpacing Its Consumer Staples Peers This Year?

EL

The Consumer Staples group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. Our latest available data shows that EL has returned about 11.21% since the start of the calendar year. Click to get this free report The Estee Lauder Companies Inc. (EL) : Free Stock Analysis Report To read this article on Zacks.com click here.

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