e.l.f. Beauty (NYSE:ELF) Now Covered by Analysts at TD Cowen

Posted by Brian Himes on Oct 31st, 2026

Research analysts at TD Cowen started coverage on shares of e.l.f. Beauty (NYSE:ELF – Get Free Report) in a research report issued to clients and investors on Friday, Zacks reports. The firm set a “strong-buy” rating on the stock.

Other equities research analysts have also issued research reports about the company. Wall Street Zen raised e.l.f. Beauty from a “hold” rating to a “buy” rating in a report on Saturday. Jefferies Financial Group boosted their price objective on e.l.f. Beauty from $100.00 to $132.00 and gave the company a “buy” rating in a research note on Monday, October 19th. Raymond James Financial upped their price objective on shares of e.l.f. Beauty from $100.00 to $117.00 and gave the company a “strong-buy” rating in a report on Thursday, October 1st. Citigroup increased their target price on shares of e.l.f. Beauty from $118.00 to $130.00 and gave the stock a “buy” rating in a research report on Wednesday, October 14th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of e.l.f. Beauty in a research note on Wednesday. Three equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $112.06.

View Our Latest Stock Report on ELF

e.l.f. Beauty Price Performance

Shares of NYSE ELF opened at $111.78 on Friday. The stock has a fifty day simple moving average of $105.55 and a two-hundred day simple moving average of $81.58. e.l.f. Beauty has a 1-year low of $48.82 and a 1-year high of $124.99. The firm has a market cap of $6.60 billion, a price-to-earnings ratio of 111.78, a price-to-earnings-growth ratio of 3.00 and a beta of 1.61. The company has a current ratio of 2.55, a quick ratio of 1.82 and a debt-to-equity ratio of 0.69.

e.l.f. Beauty (NYSE:ELF – Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported $1.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $1.04. The firm had revenue of $479.37 million for the quarter, compared to analyst estimates of $431.20 million. e.l.f. Beauty had a return on equity of 14.07% and a net margin of 3.38%. The business’s revenue was up 35.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.89 earnings per share. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. Analysts anticipate that e.l.f. Beauty will post 2.66 earnings per share for the current year.

Insider Transactions at e.l.f. Beauty

In other news, CEO Tarang Amin sold 47,000 shares of the firm’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $103.31, for a total value of $4,855,570.00. Following the completion of the transaction, the chief executive officer directly owned 134,496 shares of the company’s stock, valued at $13,894,781.76. This trade represents a 25.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Joshua Franks sold 8,366 shares of e.l.f. Beauty stock in a transaction on Monday, October 12th. The shares were sold at an average price of $110.01, for a total value of $920,343.66. Following the completion of the transaction, the senior vice president owned 126,931 shares of the company’s stock, valued at approximately $13,963,679.31. This trade represents a 6.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 103,994 shares of company stock valued at $10,695,981. 3.50% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in ELF. BlackRock Inc. purchased a new stake in shares of e.l.f. Beauty in the second quarter worth about $428,262,000. State Street Corp grew its stake in e.l.f. Beauty by 4.2% during the second quarter. State Street Corp now owns 1,874,997 shares of the company’s stock valued at $138,647,000 after acquiring an additional 75,842 shares in the last quarter. Primecap Management Co. CA purchased a new position in e.l.f. Beauty during the second quarter valued at approximately $78,202,000. Prime Capital Management Co Ltd purchased a new position in e.l.f. Beauty during the second quarter valued at approximately $44,736,000. Finally, Bank of America Corp DE increased its holdings in e.l.f. Beauty by 45.9% during the 1st quarter. Bank of America Corp DE now owns 418,431 shares of the company’s stock worth $25,361,000 after acquiring an additional 131,572 shares during the period. Hedge funds and other institutional investors own 92.44% of the company’s stock.

About e.l.f. Beauty

(Get Free Report)

e.l.f. Beauty, Inc is a cosmetics and skincare company that develops, markets and sells beauty products under a portfolio of brands. Its offerings include makeup, skin care, hair care and other personal-care products designed to provide accessible, trend-focused beauty options across a range of categories.

The company’s portfolio includes e.l.f. Cosmetics, Well People, Keys Soulcare and Naturium. Its products are sold through mass retailers, specialty beauty stores, e-commerce platforms and the brands’ direct-to-consumer websites.