e.l.f. Beauty (NYSE:ELF) Receives $119.13 Consensus Price Target from Brokerages

e.l.f. Beauty (NYSE:ELF) has been assigned a consensus recommendation of “Moderate Buy” from the eighteen brokerages that are covering the firm, Marketbeat.com reports. Six research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $119.1250.

Several equities analysts have recently issued reports on ELF shares. JPMorgan Chase & Co. upped their price objective on shares of e.l.f. Beauty from $103.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Morgan Stanley set a $121.00 price target on shares of e.l.f. Beauty in a report on Thursday, November 6th. Zacks Research upgraded shares of e.l.f. Beauty from a “strong sell” rating to a “hold” rating in a research note on Monday, January 5th. Jefferies Financial Group began coverage on e.l.f. Beauty in a research report on Wednesday, January 14th. They issued a “buy” rating and a $110.00 target price on the stock. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $92.00 price target on shares of e.l.f. Beauty in a research report on Thursday, January 29th.

e.l.f. Beauty Trading Down 1.8%

NYSE:ELF opened at $93.09 on Monday. The stock has a market capitalization of $5.50 billion, a price-to-earnings ratio of 52.59, a PEG ratio of 7.96 and a beta of 1.71. e.l.f. Beauty has a 52 week low of $49.40 and a 52 week high of $150.99. The company has a quick ratio of 1.89, a current ratio of 2.76 and a debt-to-equity ratio of 0.70. The firm has a 50 day moving average of $83.93 and a 200 day moving average of $102.37.

e.l.f. Beauty (NYSE:ELF) last issued its quarterly earnings results on Wednesday, February 4th. The company reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.52. The business had revenue of $489.51 million for the quarter, compared to the consensus estimate of $461.78 million. e.l.f. Beauty had a return on equity of 15.08% and a net margin of 6.84%.The business’s quarterly revenue was up 37.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.74 earnings per share. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. As a group, sell-side analysts anticipate that e.l.f. Beauty will post 2.38 earnings per share for the current fiscal year.

Hedge Funds Weigh In On e.l.f. Beauty

Hedge funds and other institutional investors have recently bought and sold shares of the business. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in e.l.f. Beauty during the 4th quarter valued at approximately $26,000. Hilton Head Capital Partners LLC purchased a new position in shares of e.l.f. Beauty during the fourth quarter worth $32,000. EverSource Wealth Advisors LLC lifted its position in e.l.f. Beauty by 97.0% during the second quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock valued at $32,000 after purchasing an additional 128 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in e.l.f. Beauty by 58.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock valued at $39,000 after purchasing an additional 117 shares during the last quarter. Finally, Arax Advisory Partners acquired a new stake in e.l.f. Beauty during the 4th quarter worth about $41,000. Institutional investors and hedge funds own 92.44% of the company’s stock.

About e.l.f. Beauty

e.l.f. Beauty (NYSE: ELF) is an American cosmetics company known for offering an extensive range of affordable, trend-driven makeup and skincare products. The company’s portfolio spans foundations, lipsticks, mascaras, brushes, serums, masks and other beauty essentials, all positioned at accessible price points. e.l.f. Beauty maintains a direct-to-consumer platform through its e-commerce site and engages in widespread retail partnerships with major chains such as Target, Walmart, Ulta Beauty and Amazon.

Founded in 2004 and headquartered in Oakland, California, e.l.f.