e.l.f. Beauty (NYSE:ELF) Stock Price Expected to Rise, TD Cowen Analyst Says

e.l.f. Beauty (NYSE:ELF) had its target price lifted by equities researchers at TD Cowen from $100.00 to $110.00 in a research note issued on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. TD Cowen’s price target suggests a potential upside of 22.16% from the company’s current price.

A number of other brokerages have also weighed in on ELF. Canaccord Genuity Group cut their target price on shares of e.l.f. Beauty from $165.00 to $136.00 and set a “buy” rating on the stock in a research note on Thursday, November 6th. Cowen reiterated a “buy” rating on shares of e.l.f. Beauty in a report on Wednesday. Raymond James Financial lifted their price target on shares of e.l.f. Beauty from $155.00 to $165.00 and gave the company a “strong-buy” rating in a research report on Monday, October 20th. Wall Street Zen cut e.l.f. Beauty from a “hold” rating to a “sell” rating in a research note on Thursday, January 15th. Finally, Jefferies Financial Group initiated coverage on shares of e.l.f. Beauty in a research report on Wednesday, January 14th. They set a “buy” rating and a $110.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, e.l.f. Beauty has an average rating of “Moderate Buy” and an average target price of $121.63.

e.l.f. Beauty Trading Up 1.1%

NYSE:ELF traded up $1.01 during midday trading on Wednesday, reaching $90.05. 657,324 shares of the stock traded hands, compared to its average volume of 1,780,680. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.76 and a current ratio of 2.70. The stock has a market capitalization of $5.37 billion, a P/E ratio of 63.41, a PEG ratio of 8.56 and a beta of 1.73. e.l.f. Beauty has a 12 month low of $49.40 and a 12 month high of $150.99. The company has a fifty day moving average of $78.80 and a 200 day moving average of $107.56.

e.l.f. Beauty (NYSE:ELF) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.11. e.l.f. Beauty had a return on equity of 13.77% and a net margin of 5.90%.The business had revenue of $343.94 million during the quarter, compared to analysts’ expectations of $367.89 million. During the same quarter last year, the business posted $0.77 EPS. The business’s revenue was up 14.2% on a year-over-year basis. e.l.f. Beauty has set its FY 2026 guidance at 2.800-2.850 EPS. On average, research analysts predict that e.l.f. Beauty will post 2.38 EPS for the current year.

Institutional Trading of e.l.f. Beauty

Several hedge funds have recently bought and sold shares of the stock. Aaron Wealth Advisors LLC purchased a new position in shares of e.l.f. Beauty during the fourth quarter valued at about $224,000. Portside Wealth Group LLC boosted its stake in e.l.f. Beauty by 9.3% during the fourth quarter. Portside Wealth Group LLC now owns 3,881 shares of the company’s stock valued at $295,000 after buying an additional 330 shares during the last quarter. Jacobson & Schmitt Advisors LLC grew its holdings in e.l.f. Beauty by 34.5% during the 4th quarter. Jacobson & Schmitt Advisors LLC now owns 188,924 shares of the company’s stock valued at $14,366,000 after buying an additional 48,504 shares in the last quarter. Tran Capital Management L.P. increased its stake in e.l.f. Beauty by 29.2% in the 4th quarter. Tran Capital Management L.P. now owns 72,515 shares of the company’s stock worth $5,514,000 after acquiring an additional 16,383 shares during the last quarter. Finally, SteelPeak Wealth LLC purchased a new stake in shares of e.l.f. Beauty during the 4th quarter worth approximately $268,000. Hedge funds and other institutional investors own 92.44% of the company’s stock.

e.l.f. Beauty Company Profile

e.l.f. Beauty (NYSE: ELF) is an American cosmetics company known for offering an extensive range of affordable, trend-driven makeup and skincare products. The company’s portfolio spans foundations, lipsticks, mascaras, brushes, serums, masks and other beauty essentials, all positioned at accessible price points. e.l.f. Beauty maintains a direct-to-consumer platform through its e-commerce site and engages in widespread retail partnerships with major chains such as Target, Walmart, Ulta Beauty and Amazon.

Founded in 2004 and headquartered in Oakland, California, e.l.f.