e.l.f. Beauty (NYSE:ELF) Announces Quarterly Earnings Results, Beats Expectations By $0.03 EPS

Posted by Brenda Bartman on May 20th, 2026

e.l.f. Beauty (NYSE:ELF – Get Free Report) issued its quarterly earnings results on Wednesday. The company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.29 by $0.03, FiscalAI reports. The firm had revenue of $449.29 million during the quarter, compared to analysts’ expectations of $423.06 million. e.l.f. Beauty had a return on equity of 15.08% and a net margin of 6.84%. e.l.f. Beauty updated its FY 2027 guidance to 3.270-3.320 EPS.

e.l.f. Beauty Stock Performance

Shares of ELF stock traded down $2.32 during trading on Wednesday, reaching $50.66. 8,562,627 shares of the company’s stock were exchanged, compared to its average volume of 2,445,270. e.l.f. Beauty has a twelve month low of $50.13 and a twelve month high of $150.99. The firm’s fifty day moving average price is $65.17 and its 200-day moving average price is $76.96. The company has a quick ratio of 1.89, a current ratio of 2.76 and a debt-to-equity ratio of 0.70. The stock has a market capitalization of $2.99 billion, a PE ratio of 28.62, a PEG ratio of 3.38 and a beta of 1.71.

Insider Buying and Selling at e.l.f. Beauty

In other news, insider Scott Milsten sold 23,797 shares of the stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $63.66, for a total value of $1,514,917.02. Following the transaction, the insider directly owned 114,940 shares of the company’s stock, valued at $7,317,080.40. This represents a 17.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jennifer Catherine Hartnett sold 20,829 shares of the firm’s stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $63.66, for a total transaction of $1,325,974.14. Following the sale, the insider owned 68,726 shares of the company’s stock, valued at approximately $4,375,097.16. This represents a 23.26% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 210,013 shares of company stock worth $13,315,490. 3.90% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On e.l.f. Beauty

A number of institutional investors have recently made changes to their positions in the company. Price T Rowe Associates Inc. MD grew its position in shares of e.l.f. Beauty by 47.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,197,319 shares of the company’s stock valued at $167,086,000 after purchasing an additional 711,540 shares during the last quarter. Atreides Management LP acquired a new stake in e.l.f. Beauty during the 2nd quarter worth approximately $61,479,000. Man Group plc bought a new stake in e.l.f. Beauty in the 2nd quarter valued at $52,316,000. Woodline Partners LP bought a new stake in e.l.f. Beauty in the 3rd quarter valued at $52,613,000. Finally, Ensign Peak Advisors Inc grew its holdings in e.l.f. Beauty by 37.7% in the 4th quarter. Ensign Peak Advisors Inc now owns 1,319,523 shares of the company’s stock valued at $100,337,000 after buying an additional 361,371 shares in the last quarter. Institutional investors own 92.44% of the company’s stock.

Analyst Upgrades and Downgrades

ELF has been the subject of several recent analyst reports. Canaccord Genuity Group cut their price objective on e.l.f. Beauty from $121.00 to $100.00 and set a “buy” rating for the company in a report on Monday. Deutsche Bank Aktiengesellschaft set a $65.00 target price on shares of e.l.f. Beauty in a report on Thursday, May 14th. Evercore initiated coverage on shares of e.l.f. Beauty in a research report on Thursday, April 2nd. They set an “inline” rating and a $68.00 price target on the stock. Citigroup decreased their price objective on shares of e.l.f. Beauty from $115.00 to $87.00 and set a “buy” rating for the company in a research report on Wednesday, April 15th. Finally, Bank of America lowered their price objective on shares of e.l.f. Beauty from $115.00 to $93.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $99.06.

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About e.l.f. Beauty

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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.