e.l.f. Beauty (NYSE:ELF – Free Report) had its target price lowered by JPMorgan Chase & Co. from $111.00 to $106.00 in a report published on Wednesday,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.
A number of other analysts also recently issued reports on ELF. Jefferies Financial Group raised their price target on e.l.f. Beauty from $72.00 to $100.00 and gave the stock a “buy” rating in a research report on Tuesday, July 28th. Raymond James Financial boosted their price objective on shares of e.l.f. Beauty from $85.00 to $87.00 and gave the company a “strong-buy” rating in a research report on Tuesday, July 14th. Weiss Ratings raised shares of e.l.f. Beauty from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, July 30th. Citigroup raised their target price on shares of e.l.f. Beauty from $87.00 to $92.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. Finally, Sanford C. Bernstein lifted their price target on shares of e.l.f. Beauty from $113.00 to $121.00 and gave the stock an “outperform” rating in a research note on Thursday, August 6th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $91.31.
View Our Latest Research Report on ELF
e.l.f. Beauty Trading Up 3.3%
e.l.f. Beauty (NYSE:ELF – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $1.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.71 by $1.04. The business had revenue of $479.37 million for the quarter, compared to the consensus estimate of $431.20 million. e.l.f. Beauty had a return on equity of 14.07% and a net margin of 3.38%.The company’s quarterly revenue was up 35.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.89 earnings per share. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. As a group, research analysts expect that e.l.f. Beauty will post 2.61 EPS for the current year.
Insider Activity
In other e.l.f. Beauty news, Director Lauren Cooks Levitan sold 1,034 shares of the company’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $93.15, for a total value of $96,317.10. Following the transaction, the director owned 10,516 shares of the company’s stock, valued at $979,565.40. This represents a 8.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Joshua Allen Franks sold 5,718 shares of the stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $100.00, for a total value of $571,800.00. Following the completion of the sale, the senior vice president owned 144,309 shares in the company, valued at approximately $14,430,900. The trade was a 3.81% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 140,780 shares of company stock worth $10,091,078 in the last three months. Corporate insiders own 3.50% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in ELF. TD Waterhouse Canada Inc. increased its stake in e.l.f. Beauty by 31.8% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 1,779 shares of the company’s stock worth $140,000 after buying an additional 429 shares during the period. Continuum Advisory LLC purchased a new stake in e.l.f. Beauty in the 2nd quarter valued at about $31,000. Nykredit A S purchased a new stake in e.l.f. Beauty in the 2nd quarter valued at about $91,000. Triumph Capital Management bought a new position in e.l.f. Beauty in the 2nd quarter worth about $74,000. Finally, Benjamin Edwards Inc. bought a new position in e.l.f. Beauty in the 2nd quarter worth about $606,000. 92.44% of the stock is currently owned by institutional investors.
e.l.f. Beauty News Summary
Here are the key news stories impacting e.l.f. Beauty this week:
- Positive Sentiment: Rhode is driving substantial growth. The Hailey Bieber-founded brand, acquired by e.l.f. for $1 billion, generated approximately $160 million of the company’s $479.4 million in latest-quarter sales. Total revenue rose 35.5% year over year, supporting the broader growth narrative. Rhode and e.l.f. Beauty growth article
- Positive Sentiment: Recent financial results were well ahead of expectations. e.l.f. reported quarterly EPS of $1.75 versus the $0.71 consensus and revenue of $479.37 million versus estimates of $431.21 million. Management’s fiscal 2027 EPS guidance is $3.50–$3.55, while analysts maintain a generally positive “Moderate Buy” consensus.
About e.l.f. Beauty
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.
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