Brokerages Set e.l.f. Beauty (NYSE:ELF) PT at $92.12

e.l.f. Beauty (NYSE:ELFGet Free Report) has received a consensus recommendation of “Moderate Buy” from the eighteen brokerages that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, six have issued a hold recommendation, ten have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $92.1250.

Several equities analysts have recently commented on the stock. Citigroup upped their price objective 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. UBS Group lifted their target price on shares of e.l.f. Beauty from $80.00 to $89.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. The Goldman Sachs Group set a $100.00 target price on e.l.f. Beauty in a research report on Thursday, August 6th. B. Riley Financial upped their price target on e.l.f. Beauty from $70.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Finally, Zacks Research lowered e.l.f. Beauty from a “strong-buy” rating to a “hold” rating in a research report on Thursday.

View Our Latest Report on ELF

e.l.f. Beauty Stock Performance

NYSE ELF opened at $96.85 on Friday. The stock has a fifty day simple moving average of $90.57 and a 200-day simple moving average of $74.44. The company has a current ratio of 2.55, a quick ratio of 1.82 and a debt-to-equity ratio of 0.69. The stock has a market cap of $5.72 billion, a PE ratio of 96.85, a P/E/G ratio of 3.01 and a beta of 1.60. e.l.f. Beauty has a twelve month low of $48.82 and a twelve month high of $150.99.

e.l.f. Beauty (NYSE:ELFGet 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 the consensus estimate of $0.71 by $1.04. e.l.f. Beauty had a net margin of 3.38% and a return on equity of 14.07%. The firm had revenue of $479.37 million for the quarter, compared to analyst estimates of $431.20 million. During the same period in the previous year, the firm earned $0.89 EPS. e.l.f. Beauty’s revenue was up 35.5% on a year-over-year basis. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. Equities analysts anticipate that e.l.f. Beauty will post 2.64 earnings per share for the current year.

Insider Activity

In related news, insider Mandy J. Fields sold 16,065 shares of the firm’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $104.52, for a total transaction of $1,679,113.80. Following the completion of the transaction, the insider directly owned 90,896 shares in the company, valued at $9,500,449.92. This trade represents a 15.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Tarang Amin sold 50,164 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $78.24, for a total value of $3,924,831.36. Following the transaction, the chief executive officer owned 110,496 shares of the company’s stock, valued at $8,645,207.04. This trade represents a 31.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 116,223 shares of company stock worth $10,000,410 in the last quarter. Insiders own 3.50% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. raised its stake in e.l.f. Beauty by 58.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock valued at $39,000 after purchasing an additional 117 shares during the period. Greenwood Capital Associates LLC lifted its holdings in shares of e.l.f. Beauty by 2.4% in the second quarter. Greenwood Capital Associates LLC now owns 5,436 shares of the company’s stock valued at $402,000 after purchasing an additional 125 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of e.l.f. Beauty by 97.0% in the second quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock worth $32,000 after buying an additional 128 shares during the period. Public Employees Retirement System of Ohio boosted its position in shares of e.l.f. Beauty by 0.8% in the third quarter. Public Employees Retirement System of Ohio now owns 17,246 shares of the company’s stock worth $2,285,000 after buying an additional 144 shares during the period. Finally, California State Teachers Retirement System grew its holdings in shares of e.l.f. Beauty by 0.3% during the second quarter. California State Teachers Retirement System now owns 52,055 shares of the company’s stock valued at $6,478,000 after buying an additional 152 shares in the last quarter. Institutional investors and hedge funds own 92.44% of the company’s stock.

e.l.f. Beauty Company Profile

(Get Free Report)

e.l.f. Beauty, Inc develops, markets and sells cosmetics, skin care and beauty products. Its portfolio includes e.l.f. Cosmetics, which offers makeup, skin care, tools and accessories, as well as brands such as Naturium, W3LL PEOPLE and Keys Soulcare. The company positions its products as accessible and affordable alternatives across a range of beauty categories.

Founded in 2004, e.l.f. Beauty distributes its products through mass retailers, specialty beauty stores, direct-to-consumer websites and other digital channels.

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Analyst Recommendations for e.l.f. Beauty (NYSE:ELF)

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