The Estee Lauder Companies Inc. (NYSE:EL) traded at a new 12-month high today of $374.20. So far today approximately 211,000 shares have been exchanged, as compared to an average 30-day volume of 1.2 million shares.
Estee Lauder is the world leader in the global prestige beauty market, participating across skincare (58% of fiscal 2021 sales), makeup (26%), fragrance (12%), and haircare (4%) categories, with popular brands such as Estee Lauder, Clinique, MAC, La Mer, Jo Malone, Aveda, Bobbi Brown, Too Faced, Origins, Dr. Jart+, and The Ordinary. The firm operates in 150 countries, with 23% of fiscal 2021 revenue stemming from the Americas, 43% from Europe, the Middle East and Africa, and 34% from Asia-Pacific. The company sells its products through department stores, travel retail, multibrand specialty beauty stores, brand-dedicated freestanding stores, e-commerce, salons/spas, and perfumeries.
The Estee Lauder Companies Inc. is currently priced 5.2% above its average consensus analyst price target of $349.77.
In the past 12 months, The Estee Lauder Companies Inc. share prices are bracketed by a low of $231.97 and a high of $374.20 and are now at $369.02, 59% above that low price.
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