Time to Buy Estee Lauder Companies Inc After Today’s Option Traders Bet?

 Time to Buy Estee Lauder Companies Inc After Today's Option Traders Bet?

In today’s session Estee Lauder Companies Inc (EL) registered an unusually high (159) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious EL increase. With 159 contracts traded and 3184 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: EL170120C00085000 closed last at: $1.6 or 64.4% down. About 848,991 shares traded hands. Estee Lauder Companies Inc (NYSE:EL) has declined 16.68% since April 4, 2016 and is downtrending. It has underperformed by 17.77% the S&P500.

Estee Lauder Companies Inc (NYSE:EL) Ratings Coverage

Out of 20 analysts covering Estee Lauder (NYSE:EL), 12 rate it a “Buy”, 1 “Sell”, while 7 “Hold”. This means 60% are positive. $105 is the highest target while $77 is the lowest. The $98.21 average target is 23.10% above today’s ($79.78) stock price. Estee Lauder has been the topic of 34 analyst reports since July 21, 2015 according to StockzIntelligence Inc. Stifel Nicolaus maintained it with “Buy” rating and $99 target price in Monday, October 24 report. On Tuesday, November 3 the stock rating was maintained by UBS with “Buy”. As per Tuesday, November 3, the company rating was maintained by Stifel Nicolaus. The stock of Estee Lauder Companies Inc (NYSE:EL) has “Neutral” rating given on Tuesday, November 3 by B. Riley & Co. The firm earned “Buy” rating on Thursday, August 20 by Deutsche Bank. Jefferies maintained it with “Hold” rating and $95 target price in Monday, August 22 report. The firm has “Buy” rating given on Friday, September 25 by Stifel Nicolaus. Sterne Agee CRT initiated the stock with “Buy” rating in Tuesday, July 21 report. The rating was maintained by Telsey Advisory Group on Monday, February 8 with “Outperform”. The stock has “Buy” rating given by CLSA on Monday, June 13.

According to Zacks Investment Research, “Estee Lauder Co. is one of the world’s leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. Its products are sold in numerous countries and territories under the following well-recognized brand names: Estee Lauder, Clinique, Aramis, Prescriptives, Origins, M.A.C, Bobbi Brown essentials, La Mer, jane, Aveda, Stila, Jo Malone and Bumble and bumble. The company is also the global licensee for fragrances and cosmetics sold under the Tommy Hilfiger, Donna Karan and Kate Spade brands.”

Insitutional Activity: The institutional sentiment increased to 1.03 in Q2 2016. Its up 0.10, from 0.93 in 2016Q1. The ratio is positive, as 54 funds sold all Estee Lauder Companies Inc shares owned while 192 reduced positions. 48 funds bought stakes while 206 increased positions. They now own 196.11 million shares or 3.26% less from 202.72 million shares in 2016Q1.
Legal General Group Public Limited Company holds 0.09% or 985,010 shares in its portfolio. Mitsubishi Ufj Banking reported 705,333 shares or 0.14% of all its holdings. Metropolitan Life Insurance Co Ny accumulated 124,634 shares or 0.08% of the stock. Raymond James Advsrs has 0.08% invested in the company for 90,455 shares. Strs Ohio has 146,059 shares for 0.06% of their US portfolio. The Australia-based Commonwealth Fincl Bank Of Australia has invested 0.02% in Estee Lauder Companies Inc (NYSE:EL). Mycio Wealth Prtn Limited Liability Co has invested 0.02% of its portfolio in Estee Lauder Companies Inc (NYSE:EL). Northern Trust Corp has invested 0.08% of its portfolio in Estee Lauder Companies Inc (NYSE:EL). Chesley Taft & Limited Liability Corporation accumulated 3,618 shares or 0.03% of the stock. The Ireland-based Davy Asset Ltd has invested 0.36% in Estee Lauder Companies Inc (NYSE:EL). Fifth Third National Bank accumulated 0.13% or 171,837 shares. Ironsides Asset Ltd Liability last reported 0.15% of its portfolio in the stock. Qs Investors Ltd Co last reported 0% of its portfolio in the stock. Finemark Financial Bank & Tru has 0.18% invested in the company for 17,312 shares. Vanguard Grp Inc accumulated 13.74 million shares or 0.08% of the stock.

Insider Transactions: Since May 9, 2016, the stock had 0 buys, and 22 selling transactions for $240.69 million net activity. Shares for $35.58 million were sold by LAL FAMILY PARTNERS LP. $1.25 million worth of Estee Lauder Companies Inc (NYSE:EL) shares were sold by Hockaday Irvine O Jr. Another trade for 3,602 shares valued at $317,012 was made by Polcer Gregory on Tuesday, September 6. 3,952 Estee Lauder Companies Inc (NYSE:EL) shares with value of $347,736 were sold by O’HARE MICHAEL. The insider Haney Carl P. sold 34,483 shares worth $3.22 million. Shares for $202,520 were sold by BARSHEFSKY CHARLENE on Monday, August 22. STERNLICHT BARRY S had sold 10,000 shares worth $913,400.

The Estee Lauder Companies Inc. manufactures and markets skin care, makeup, fragrance and hair care products. The company has a market cap of $29.22 billion. The Firm operates in beauty products segment. It has a 26.96 P/E ratio. The Company’s skin care products include moisturizers, serums, cleansers, toners, body care, exfoliators, acne and oil correctors, facial masks, cleansing devices and sun care products.

EL Company Profile

The Estee Lauder Companies Inc., incorporated on December 9, 1976, makes and markets skin care, makeup, fragrance and hair care products. The Firm offers products, including Skin Care, Makeup, Fragrance, Hair Care and Other. The Firm operates in beauty products segment. As of June 30, 2016, the Company’s products were sold in over 150 countries and territories under brand names, including Estee Lauder, Clinique, Origins, MzAzC, Bobbi Brown, La Mer, Jo Malone London and Aveda. It is the global licensee for fragrances and/or cosmetics sold under various designer brand names, including Tommy Hilfiger, Donna Karan New York, DKNY, Michael Kors and Tom Ford.

Another recent and important Estee Lauder Companies Inc (NYSE:EL) news was published by Businesswire.com which published an article titled: “The Estée Lauder Companies to Acquire BECCA Cosmetics” on October 21, 2016.

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