Analysts Set e.l.f. Beauty, Inc. (NYSE:ELF) PT at $132.94

e.l.f. Beauty, Inc. (NYSE:ELF) has been given a consensus rating of “Moderate Buy” by the eighteen brokerages that are currently covering the stock, MarketBeat reports. Five analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $132.94.

Several research firms have recently commented on ELF. Canaccord Genuity Group lowered their price objective on shares of e.l.f. Beauty from $174.00 to $105.00 and set a “buy” rating for the company in a research note on Friday, February 7th. Stifel Nicolaus lowered their price objective on shares of e.l.f. Beauty from $115.00 to $105.00 and set a “hold” rating for the company in a research note on Monday, February 3rd. B. Riley reiterated a “buy” rating and set a $90.00 price objective (down from $150.00) on shares of e.l.f. Beauty in a research note on Friday, February 7th. DA Davidson reiterated a “neutral” rating and set a $80.00 price objective on shares of e.l.f. Beauty in a research note on Tuesday, February 18th. Finally, UBS Group reiterated a “neutral” rating and set a $74.00 price objective (down from $158.00) on shares of e.l.f. Beauty in a research note on Friday, February 7th.

e.l.f. Beauty Price Performance

NYSE ELF opened at $68.43 on Monday. The firm’s fifty day simple moving average is $92.02 and its two-hundred day simple moving average is $110.56. The company has a current ratio of 1.90, a quick ratio of 1.17 and a debt-to-equity ratio of 0.20. e.l.f. Beauty has a 12-month low of $61.90 and a 12-month high of $219.77. The firm has a market capitalization of $3.86 billion, a P/E ratio of 40.49, a P/E/G ratio of 6.76 and a beta of 1.60.

e.l.f. Beauty (NYSE:ELF) last released its quarterly earnings results on Thursday, February 6th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by ($0.35). e.l.f. Beauty had a return on equity of 16.88% and a net margin of 7.55%. Analysts forecast that e.l.f. Beauty will post 2.38 EPS for the current fiscal year.

Insider Buying and Selling at e.l.f. Beauty

In other e.l.f. Beauty news, Director Maureen C. Watson sold 4,000 shares of e.l.f. Beauty stock in a transaction on Friday, March 7th. The shares were sold at an average price of $67.39, for a total value of $269,560.00. Following the completion of the transaction, the director now owns 1,888 shares of the company’s stock, valued at approximately $127,232.32. The trade was a 67.93 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 3.50% of the stock is owned by corporate insiders.

Institutional Trading of e.l.f. Beauty

A number of institutional investors and hedge funds have recently modified their holdings of ELF. Wilmington Savings Fund Society FSB purchased a new stake in shares of e.l.f. Beauty during the third quarter worth about $25,000. Nemes Rush Group LLC purchased a new stake in shares of e.l.f. Beauty during the fourth quarter worth about $27,000. Orion Capital Management LLC purchased a new stake in shares of e.l.f. Beauty during the fourth quarter worth about $30,000. Promus Capital LLC purchased a new stake in shares of e.l.f. Beauty during the fourth quarter worth about $31,000. Finally, Kestra Investment Management LLC purchased a new stake in shares of e.l.f. Beauty during the fourth quarter worth about $32,000. Hedge funds and other institutional investors own 92.44% of the company’s stock.

About e.l.f. Beauty

e.l.f. Beauty, Inc is a holding company, which engages in the provision of inclusive, accessible, clean, vegan and cruelty free cosmetics and skin care products. The company focuses on the e-commerce, national retailers and international business channels. Its brands include elf, elf skin, WELL People and KEYS soulcare.