e.l.f. Beauty (NYSE:ELF) Given New $125.00 Price Target at Robert W. Baird

e.l.f. Beauty (NYSE:ELF) had its target price lowered by Robert W. Baird from $145.00 to $125.00 in a research report sent to investors on Thursday,Benzinga reports. Robert W. Baird currently has an outperform rating on the stock.

A number of other research analysts have also issued reports on ELF. UBS Group boosted their price target on e.l.f. Beauty from $112.00 to $150.00 and gave the stock a “buy” rating in a research report on Wednesday, October 8th. Raymond James Financial upped their price objective on e.l.f. Beauty from $155.00 to $165.00 and gave the company a “strong-buy” rating in a report on Monday, October 20th. Bank of America raised their target price on e.l.f. Beauty from $135.00 to $160.00 and gave the company a “buy” rating in a research note on Wednesday, September 17th. Piper Sandler cut shares of e.l.f. Beauty from an “overweight” rating to a “neutral” rating and dropped their price target for the stock from $150.00 to $100.00 in a research report on Thursday. Finally, Cowen restated a “buy” rating on shares of e.l.f. Beauty in a research report on Wednesday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $126.80.

e.l.f. Beauty Stock Performance

Shares of ELF traded down $2.92 during midday trading on Thursday, hitting $73.62. 8,296,261 shares of the stock traded hands, compared to its average volume of 2,505,064. The business’s 50 day moving average price is $130.44 and its two-hundred day moving average price is $114.05. The firm has a market capitalization of $4.37 billion, a PE ratio of 36.80, a price-to-earnings-growth ratio of 1.78 and a beta of 1.61. The company has a debt-to-equity ratio of 0.73, a quick ratio of 2.34 and a current ratio of 2.70. e.l.f. Beauty has a 1-year low of $49.40 and a 1-year high of $150.99.

e.l.f. Beauty (NYSE:ELF) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.11. The firm had revenue of $343.94 million for the quarter, compared to the consensus estimate of $367.89 million. e.l.f. Beauty had a net margin of 5.90% and a return on equity of 13.77%. e.l.f. Beauty’s quarterly revenue was up 14.2% compared to the same quarter last year. During the same period last year, the firm posted $0.77 EPS. e.l.f. Beauty has set its FY 2026 guidance at 2.800-2.850 EPS. Equities research analysts predict that e.l.f. Beauty will post 2.38 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Scott Milsten sold 15,000 shares of the stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $150.23, for a total value of $2,253,450.00. Following the completion of the sale, the insider directly owned 97,406 shares of the company’s stock, valued at $14,633,303.38. This represents a 13.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Kory Marchisotto sold 10,812 shares of the firm’s stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $150.00, for a total transaction of $1,621,800.00. Following the sale, the insider owned 133,976 shares of the company’s stock, valued at approximately $20,096,400. This represents a 7.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 301,060 shares of company stock valued at $40,994,733. 3.90% of the stock is currently owned by company insiders.

Institutional Trading of e.l.f. Beauty

Several hedge funds and other institutional investors have recently modified their holdings of ELF. NewEdge Wealth LLC purchased a new position in e.l.f. Beauty in the third quarter valued at about $516,000. GSA Capital Partners LLP grew its stake in shares of e.l.f. Beauty by 5.9% in the 3rd quarter. GSA Capital Partners LLP now owns 6,151 shares of the company’s stock valued at $815,000 after buying an additional 345 shares in the last quarter. Vanguard Group Inc. lifted its stake in e.l.f. Beauty by 0.3% in the third quarter. Vanguard Group Inc. now owns 5,347,046 shares of the company’s stock valued at $708,377,000 after acquiring an additional 14,651 shares during the last quarter. Northwestern Mutual Investment Management Company LLC grew its position in e.l.f. Beauty by 5.0% in the third quarter. Northwestern Mutual Investment Management Company LLC now owns 13,221 shares of the company’s stock worth $1,752,000 after acquiring an additional 629 shares in the last quarter. Finally, Petra Financial Advisors Inc. acquired a new position in shares of e.l.f. Beauty during the 3rd quarter worth $821,000. 92.44% of the stock is currently owned by hedge funds and other institutional investors.

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.