e.l.f. Beauty (NYSE:ELF – Get Free Report) SVP Joshua Franks sold 8,366 shares of the stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $110.01, for a total transaction of $920,343.66. Following the completion of the sale, the senior vice president owned 126,931 shares in the company, valued at $13,963,679.31. This represents a 6.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Joshua Allen Franks also recently made the following trade(s):
- On Tuesday, September 8th, Joshua Franks sold 200 shares of e.l.f. Beauty stock. The stock was sold at an average price of $110.00, for a total transaction of $22,000.00.
- On Tuesday, September 1st, Joshua Franks sold 5,512 shares of e.l.f. Beauty stock. The shares were sold at an average price of $110.00, for a total transaction of $606,320.00.
- On Wednesday, August 19th, Joshua Franks sold 5,718 shares of e.l.f. Beauty stock. The shares were sold at an average price of $100.00, for a total transaction of $571,800.00.
e.l.f. Beauty Stock Up 7.1%
Shares of NYSE:ELF opened at $115.80 on Friday. e.l.f. Beauty has a 52 week low of $48.82 and a 52 week high of $141.50. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.82 and a current ratio of 2.55. The company has a market capitalization of $6.83 billion, a PE ratio of 40.05, a PEG ratio of 3.05 and a beta of 1.61. The company has a 50 day moving average price of $101.71 and a two-hundred day moving average price of $78.61.
e.l.f. Beauty (NYSE:ELF – Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $1.75 earnings per share for the quarter, topping 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 company had revenue of $479.37 million for the quarter, compared to analyst estimates of $431.20 million. During the same period last year, the business posted $0.89 earnings per share. The business’s revenue for the quarter was up 35.5% compared to the same quarter last year. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. Analysts forecast that e.l.f. Beauty will post 2.65 earnings per share for the current year.
Hedge Funds Weigh In On e.l.f. Beauty
Large investors have recently bought and sold shares of the company. Legal & General Group Plc acquired a new stake in shares of e.l.f. Beauty in the second quarter valued at approximately $5,684,000. Delta Global Management LP bought a new stake in shares of e.l.f. Beauty in the first quarter worth $1,227,000. State Street Corp boosted its holdings 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 worth $138,647,000 after purchasing an additional 75,842 shares during the last quarter. Aurora Investment Counsel acquired a new position in e.l.f. Beauty during the second quarter worth $2,868,000. Finally, SummitTX Capital L.P. boosted its holdings in e.l.f. Beauty by 222.3% during the first quarter. SummitTX Capital L.P. now owns 29,240 shares of the company’s stock worth $1,772,000 after purchasing an additional 20,169 shares during the last quarter. Institutional investors and hedge funds own 92.44% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms have weighed in on ELF. Jefferies Financial Group lifted their target price on e.l.f. Beauty from $72.00 to $100.00 and gave the stock a “buy” rating in a report on Tuesday, July 28th. TD Cowen boosted their price objective on e.l.f. Beauty from $85.00 to $110.00 and gave the company a “buy” rating in a research report on Monday, August 10th. JPMorgan Chase & Co. lowered their target price on e.l.f. Beauty from $111.00 to $106.00 and set an “overweight” rating for the company in a research note on Wednesday, August 19th. Bank of America increased their target price on e.l.f. Beauty from $100.00 to $118.00 and gave the stock a “buy” rating in a research note on Tuesday, September 15th. Finally, Citigroup raised 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 report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $105.12.
View Our Latest Stock Report on e.l.f. Beauty
About e.l.f. Beauty
e.l.f. Beauty, Inc is a cosmetics and skin-care company that develops, markets and sells beauty products through mass retailers, specialty beauty stores, e-commerce platforms and its own websites. Its portfolio includes makeup, skin-care, body-care and related beauty products designed to offer accessible pricing and broad consumer appeal.
The company’s principal brand is e.l.f. Cosmetics, which offers products such as complexion makeup, eye cosmetics, lip products, brushes and skin-care items.
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