Shares of e.l.f. Beauty (NYSE:ELF – Get Free Report) have been assigned an average rating of “Moderate Buy” from the eighteen analysts that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation, nine have issued a buy recommendation and three have given a strong buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $112.06.
A number of research analysts have issued reports on ELF shares. Bank of America boosted their price objective on shares of e.l.f. Beauty from $100.00 to $118.00 and gave the company a “buy” rating in a research report on Tuesday, September 15th. Raymond James Financial raised their target price on shares of e.l.f. Beauty from $100.00 to $117.00 and gave the stock a “strong-buy” rating in a research report on Thursday, October 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $105.00 target price on shares of e.l.f. Beauty in a research note on Wednesday, October 21st. Piper Sandler boosted their price target on shares of e.l.f. Beauty from $50.00 to $65.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th. Finally, Sanford C. Bernstein increased their price target on shares of e.l.f. Beauty from $121.00 to $127.00 and gave the stock an “outperform” rating in a research note on Thursday, September 17th.
View Our Latest Stock Analysis on ELF
Insider Buying and Selling at e.l.f. Beauty
In related news, SVP Joshua Franks sold 7,926 shares of the stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $110.15, for a total value of $873,048.90. Following the completion of the transaction, the senior vice president directly owned 119,005 shares in the company, valued at $13,108,400.75. This trade represents a 6.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Lauren Levitan sold 1,034 shares of e.l.f. Beauty stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $93.15, for a total transaction of $96,317.10. Following the transaction, the director directly owned 10,516 shares of the company’s stock, valued at approximately $979,565.40. This trade represents a 8.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 91,821 shares of company stock worth $9,624,513. Corporate insiders own 3.50% of the company’s stock.
Institutional Investors Weigh In On e.l.f. Beauty
A number of hedge funds and other institutional investors have recently bought and sold shares of ELF. Continuum Advisory LLC purchased a new stake in shares of e.l.f. Beauty in the 2nd quarter worth approximately $31,000. SBI Securities Co. Ltd. boosted its holdings in e.l.f. Beauty by 64.5% in the third quarter. SBI Securities Co. Ltd. now owns 334 shares of the company’s stock worth $34,000 after acquiring an additional 131 shares in the last quarter. State of Wyoming bought a new stake in e.l.f. Beauty in the second quarter worth $40,000. EverSource Wealth Advisors LLC grew its stake in shares of e.l.f. Beauty by 378.5% in the first quarter. EverSource Wealth Advisors LLC now owns 713 shares of the company’s stock worth $43,000 after acquiring an additional 564 shares during the last quarter. Finally, Signaturefd LLC grew its stake in shares of e.l.f. Beauty by 86.5% in the third quarter. Signaturefd LLC now owns 513 shares of the company’s stock worth $52,000 after acquiring an additional 238 shares during the last quarter. Hedge funds and other institutional investors own 92.44% of the company’s stock.
e.l.f. Beauty Price Performance
Shares of e.l.f. Beauty stock opened at $110.75 on Friday. The company’s fifty day simple moving average is $105.73 and its two-hundred day simple moving average is $81.69. e.l.f. Beauty has a 12-month low of $48.82 and a 12-month high of $123.07. The firm has a market cap of $6.54 billion, a PE ratio of 42.74, a price-to-earnings-growth ratio of 3.06 and a beta of 1.61. The company has a quick ratio of 1.82, a current ratio of 2.55 and a debt-to-equity ratio of 0.69.
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 for the quarter, topping analysts’ consensus estimates 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 quarterly revenue was up 35.5% compared to the same quarter last year. During the same period last year, the company earned $0.89 EPS. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. As a group, equities analysts expect that e.l.f. Beauty will post 2.70 EPS for the current year.
About e.l.f. Beauty
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.
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