Company Update: The Est (NYSE:EL) – The Estée Lauder Companies Inc. Acquires By Kilian

[ Business Wire] – The Estée Lauder Companies Inc. announced today that it has acquired By Kilian, the Paris-based prestige fragrance brand that embodies timeless sophistication and modern luxury. Read more on this. The Estée Lauder Companies Inc. (EL) , valued at $33.82B, started trading this morning at $92.22. Looking at today’s trading action, the company’s one day range from $91.16 to $92.50 with the price of the stock fluctuating between $73.67 to $92.50 over the last 52 weeks. EL shares are currently priced at 29.31x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s 17.09x forward p/e ratio. And for those looking to make a return holding the stock, the company pays shareholders $1.20 per share annually in dividends, yielding 1.31%. Consensus earnings for the current quarter by the 21 sell-side analysts covering the stock is an estimate of $0.60 per share, which would be $0.12 worse than the year-ago quarter and a $0.17 sequential decrease. The full-year EPS estimate is $3.14, which would be a $0.32 better than last year. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $2.65 Billion. If realized, that would be a 2.71% increase over the year-ago quarter. More recently, Atlantic Equities Initiated EL at Overweight (Feb 11, 2016). Previously, Jefferies Initiated EL at to Hold. When considering if perhaps the stock is under or overvalued, the average price target is $97.81, which is 6.06% above where the stock opened this morning. See more in (NYSE:EL) Similar Articles: Company Update (NYSE:EL): The Estée Lauder Companies Delivers Strong Sales and Earnings Growth in Fiscal 2016 Second Quarter Stock Update (NYSE:EL): The Estée Lauder Companies Completes Investment in Dr. Jart+ Market Update (NYSE:EL): The Estée Lauder Companies to Webcast Its Presentation at the Barclays Global Consumer Staples Conference