Shares of Estee Lauder Companies Inc. (The) (NYSE:EL) traded today at $322.80, eclipsing its 52-week high. So far today approximately 296,000 shares have been exchanged, as compared to an average 30-day volume of 1.1 million shares.
Estee Lauder Companies Inc. (The) (NYSE:EL) defies analysts with a current price ($321.82) 51.0% above its average consensus price target of $157.81.
Over the past year, Estee Lauder Companies Inc. (The) has traded in a range of $187.75 to $322.80 and is now at $321.82, 71% above that low.
Estee Lauder is the world leader in the global prestige beauty market, participating across skincare (52% of 2020 sales), makeup (33%), fragrance (11%), and haircare (4%) categories, with popular brands such as Estee Lauder, Clinique, MAC, La Mer, Jo Malone, Aveda, Bobbi Brown, Too Faced, and Origins. The firm operates in 150 countries, with 26% of revenue stemming from the Americas, 44% from Europe, the Middle East and Africa, and 30% 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.
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