New insider activity at The Estée Lauder Companies ( (EL) ) has taken place on February 8, 2025.
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In recent transactions, The Estée Lauder Companies saw significant investments from key executives. EVP & CFO Akhil Shrivastava acquired 700 shares valued at $46,053, while Director Paul Fribourg made a substantial purchase of 87,000 shares, amounting to $5,724,373.
Recent Updates on EL stock
In the last 24 hours, The Estée Lauder Companies have faced a series of price target reductions from several analysts, reflecting ongoing financial challenges despite new strategic initiatives. Barclays lowered its price target due to anticipated revenue declines over the next two quarters and concerns about the long path to recovery. BofA’s adjustment was based on diminishing sales and profits in China and Asia Travel Retail, signaling reliance on U.S. market recovery. Canaccord cited underlying weaknesses in travel retail and major brands, despite a beat on adjusted earnings. These changes come as Estée Lauder reported a 6% drop in net sales and a significant operating loss, impacted by goodwill and asset impairments, amidst efforts to implement its ‘Beauty Reimagined’ strategy and Profit Recovery and Growth Plan in response to financial volatility and subdued consumer sentiment, particularly in Asia.
More about The Estée Lauder Companies
YTD Price Performance: -13.14%
Average Trading Volume: 4,435,839
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $23.12B