Check Out What Whales Are Doing With Estee Lauder Cos

Financial giants have made a conspicuous bearish move on Estee Lauder Cos. Our analysis of options history for Estee Lauder Cos EL revealed 8 unusual trades.

Delving into the details, we found 37% of traders were bullish, while 62% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $1,126,817, and 5 were calls, valued at $684,370.

Latest Startup Investment Opportunities:

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $135.0 to $160.0 for Estee Lauder Cos over the recent three months.

Analyzing Volume & Open Interest

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Estee Lauder Cos's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Estee Lauder Cos's whale trades within a strike price range from $135.0 to $160.0 in the last 30 days.

Estee Lauder Cos 30-Day Option Volume & Interest Snapshot

Largest Options Trades Observed:

About Estee Lauder Cos

Estee Lauder is a leader in the global prestige beauty market, participating across skin care (52% of 2023 sales), makeup (28%), fragrance (16%), and hair care (4%) categories, with top-selling brands such as Estee Lauder, Clinique, M.A.C, La Mer, Jo Malone London, Aveda, Bobbi Brown, and Origins. The firm operates in more than 150 countries, generating 28% of revenue from the Americas, 39% from Europe, the Middle East and Africa (including travel retail), and 33% from Asia-Pacific. Estee Lauder sells its products through department stores, travel retail, specialty multibrand beauty stores, brand-dedicated freestanding stores, e-commerce, salons/spas, and perfumeries.

In light of the recent options history for Estee Lauder Cos, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Where Is Estee Lauder Cos Standing Right Now?

• With a trading volume of 1,138,464, the price of EL is down by -2.68%, reaching $142.0.
• Current RSI values indicate that the stock is may be approaching overbought.
• Next earnings report is scheduled for 78 days from now.

What Analysts Are Saying About Estee Lauder Cos

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $151.2.

• Maintaining their stance, an analyst from Raymond James continues to hold a Strong Buy rating for Estee Lauder Cos, targeting a price of $175.
• Consistent in their evaluation, an analyst from JP Morgan keeps a Overweight rating on Estee Lauder Cos with a target price of $150.
• An analyst from Barclays persists with their Equal-Weight rating on Estee Lauder Cos, maintaining a target price of $121.
• An analyst from DA Davidson has revised its rating downward to Buy, adjusting the price target to $179.
• Consistent in their evaluation, an analyst from RBC Capital keeps a Sector Perform rating on Estee Lauder Cos with a target price of $131.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Estee Lauder Cos, Benzinga Pro gives you real-time options trades alerts.