Estee Lauder Cos Reaches New 52-Week High (EL)

NEW YORK ( TheStreet) -- Estee Lauder Cos (NYSE: EL) hit a new 52-week high Friday as it is currently trading at $64, above its previous 52-week high of $63.92 with 394,174 shares traded as of 10:34 a.m. ET. Average volume has been 2.1 million shares over the past 30 days.

Estee Lauder Cos has a market cap of $14.66 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 11.8% year to date as of the close of trading on Thursday.

The Estee Lauder Companies Inc. engages in the manufacture, marketing, and sale of skin care, makeup, fragrance, and hair care products worldwide. The company has a P/E ratio of 29.9, above the average consumer non-durables industry P/E ratio of 29.5 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Estee Lauder Cos as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Estee Lauder Cos Ratings Report.

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