$0.15 Earnings Per Share Expected for e.l.f. Beauty Inc (NYSE:ELF) This Quarter

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Equities analysts forecast that e.l.f. Beauty Inc (NYSE:ELF) will post earnings of $0.15 per share for the current fiscal quarter, Zacks Investment Research reports. Seven analysts have provided estimates for e.l.f. Beauty’s earnings, with the highest EPS estimate coming in at $0.17 and the lowest estimate coming in at $0.13. e.l.f. Beauty posted earnings per share of $0.30 during the same quarter last year, which indicates a negative year over year growth rate of 50%. The firm is expected to announce its next earnings results on Tuesday, February 25th.

On average, analysts expect that e.l.f. Beauty will report full-year earnings of $0.48 per share for the current year, with EPS estimates ranging from $0.47 to $0.52. For the next financial year, analysts anticipate that the firm will post earnings of $0.54 per share, with EPS estimates ranging from $0.49 to $0.60. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that follow e.l.f. Beauty.

e.l.f. Beauty (NYSE:ELF) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.04 by $0.11. The firm had revenue of $67.60 million for the quarter, compared to analyst estimates of $61.07 million. e.l.f. Beauty had a return on equity of 8.09% and a net margin of 0.73%. The company’s revenue was up 5.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.17 EPS.

Several equities analysts have recently commented on ELF shares. Jefferies Financial Group lowered e.l.f. Beauty from a “buy” rating to a “hold” rating and reduced their price objective for the company from $20.50 to $20.00 in a research report on Wednesday, November 13th. They noted that the move was a valuation call. Citigroup raised their price target on e.l.f. Beauty from $16.00 to $18.00 and gave the stock a “neutral” rating in a research report on Monday, September 23rd. ValuEngine lowered e.l.f. Beauty from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. SunTrust Banks raised their price target on e.l.f. Beauty to $20.00 and gave the stock a “buy” rating in a research report on Thursday, August 8th. Finally, DA Davidson set a $21.00 price target on e.l.f. Beauty and gave the stock a “buy” rating in a research report on Thursday, August 22nd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the stock. e.l.f. Beauty presently has an average rating of “Hold” and an average target price of $17.60.

Shares of e.l.f. Beauty stock traded up $0.18 during trading on Friday, hitting $16.57. 343,004 shares of the stock traded hands, compared to its average volume of 720,216. The company has a quick ratio of 2.03, a current ratio of 3.12 and a debt-to-equity ratio of 0.60. The stock has a market cap of $819.49 million, a price-to-earnings ratio of 37.66, a PEG ratio of 16.02 and a beta of 2.35. The firm’s fifty day moving average is $17.11 and its 200-day moving average is $15.68. e.l.f. Beauty has a 52 week low of $6.70 and a 52 week high of $19.96.

In other news, CFO Elena Gomez sold 4,500 shares of e.l.f. Beauty stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of $77.53, for a total value of $348,885.00. Also, CEO Tarang Amin sold 61,763 shares of e.l.f. Beauty stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $17.63, for a total value of $1,088,881.69. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 280,730 shares of company stock worth $5,232,033. 17.10% of the stock is owned by corporate insiders.

Several hedge funds have recently modified their holdings of the company. Maverick Capital Ltd. grew its position in shares of e.l.f. Beauty by 192.2% in the 3rd quarter. Maverick Capital Ltd. now owns 651,107 shares of the company’s stock worth $11,401,000 after buying an additional 428,277 shares during the last quarter. Metropolitan Life Insurance Co NY bought a new stake in shares of e.l.f. Beauty in the 3rd quarter worth approximately $161,000. Squarepoint Ops LLC grew its position in shares of e.l.f. Beauty by 75.6% in the 3rd quarter. Squarepoint Ops LLC now owns 175,801 shares of the company’s stock worth $3,078,000 after buying an additional 75,701 shares during the last quarter. Voloridge Investment Management LLC bought a new stake in shares of e.l.f. Beauty in the 3rd quarter worth approximately $578,000. Finally, Castleark Management LLC purchased a new position in shares of e.l.f. Beauty in the 3rd quarter valued at approximately $5,814,000. Hedge funds and other institutional investors own 83.26% of the company’s stock.

e.l.f. Beauty Company Profile

e.l.f. Beauty, Inc, a beauty company, provides cosmetic and skin care products under the e.l.f. brand name worldwide. The company offers eye, lip, face, and skin care products, as well as kits and tools. It sells its products through national and international retailers and direct-to-consumer channels, which include e-commerce and e.l.f.

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Earnings History and Estimates for e.l.f. Beauty (NYSE:ELF)

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