e.l.f. Beauty (NYSE:ELF) Research Coverage Started at Evercore

Evercore started coverage on shares of e.l.f. Beauty (NYSE:ELF) in a report issued on Thursday morning, Marketbeat reports. The brokerage issued an in-line rating and a $68.00 target price on the stock.

Several other research analysts also recently commented on ELF. Jefferies Financial Group began coverage on e.l.f. Beauty in a report on Wednesday, January 14th. They issued a “buy” rating and a $110.00 price objective on the stock. Weiss Ratings restated a “hold (c)” rating on shares of e.l.f. Beauty in a report on Wednesday, January 21st. Citigroup raised their price target on e.l.f. Beauty from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. JPMorgan Chase & Co. lifted their price target on e.l.f. Beauty from $103.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, February 5th. Finally, Wall Street Zen raised e.l.f. Beauty from a “sell” rating to a “hold” rating in a research note on Saturday, January 24th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, e.l.f. Beauty currently has a consensus rating of “Moderate Buy” and an average target price of $117.19.

e.l.f. Beauty Price Performance

Shares of e.l.f. Beauty stock opened at $61.16 on Thursday. e.l.f. Beauty has a 52-week low of $49.40 and a 52-week high of $150.99. The stock has a market capitalization of $3.61 billion, a price-to-earnings ratio of 34.55, a price-to-earnings-growth ratio of 3.76 and a beta of 1.83. The company has a fifty day moving average of $78.59 and a 200-day moving average of $92.35. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.89 and a current ratio of 2.76.

e.l.f. Beauty (NYSE:ELF) last issued its earnings results on Wednesday, February 4th. The company reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.52. The company had revenue of $489.51 million for the quarter, compared to analysts’ expectations of $461.78 million. e.l.f. Beauty had a net margin of 6.84% and a return on equity of 15.08%. The firm’s revenue was up 37.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.74 EPS. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. Equities research analysts expect that e.l.f. Beauty will post 2.38 EPS for the current year.

Insiders Place Their Bets

In other e.l.f. Beauty news, CEO Tarang Amin sold 52,880 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $62.64, for a total transaction of $3,312,403.20. Following the transaction, the chief executive officer owned 98,416 shares in the company, valued at approximately $6,164,778.24. This represents a 34.95% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.90% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in ELF. Whittier Trust Co. of Nevada Inc. grew its stake in e.l.f. Beauty by 29.3% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 384 shares of the company’s stock worth $52,000 after purchasing an additional 87 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al boosted its holdings in shares of e.l.f. Beauty by 1.9% during the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 5,426 shares of the company’s stock valued at $719,000 after buying an additional 100 shares in the last quarter. State of Wyoming boosted its holdings in shares of e.l.f. Beauty by 7.1% during the 3rd quarter. State of Wyoming now owns 1,595 shares of the company’s stock valued at $211,000 after buying an additional 106 shares in the last quarter. Securian Asset Management Inc. grew its position in shares of e.l.f. Beauty by 2.7% in the 3rd quarter. Securian Asset Management Inc. now owns 4,442 shares of the company’s stock worth $588,000 after buying an additional 115 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of e.l.f. Beauty by 58.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock worth $39,000 after buying an additional 117 shares during the period. Hedge funds and other institutional investors own 92.44% of the company’s stock.

e.l.f. Beauty News Roundup

Here are the key news stories impacting e.l.f. Beauty this week:

• Positive Sentiment: Evercore initiated coverage with an “in-line” rating and a $68 price target (about ~11% above the current price), which can attract buyer interest and act as a nearer-term valuation anchor for the stock. Read More.
• Neutral Sentiment: Marketing push — e.l.f. launched a true-crime–inspired mockumentary campaign promoting its affordable positioning; this is a brand/awareness play that can support sales over time but is unlikely to move the stock immediately. Read More.
• Neutral Sentiment: Institutional backing remains strong: several large funds increased positions during the quarter, which provides stability and longer-term support for the share base. (This underpins institutional interest but doesn’t guarantee near-term upside.) Read More.
• Negative Sentiment: Insider sale — CEO Tarang Amin sold 52,880 shares (~$3.3M) under a pre-arranged Rule 10b5-1 plan, reducing his stake by ~35%. Even if planned, large insider selling can sour sentiment and prompt short-term selling. Read More.
• Negative Sentiment: Short interest rose ~21.4% in March, increasing potential downside pressure and volatility if shorts remain active or pick up momentum. Read More.
• Negative Sentiment: Recent price action: coverage and news flow coincided with a notable intra-day pullback, highlighting current bearish momentum and technical pressure from the 50- and 200-day moving averages being well above the market price. Read More.

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.