e.l.f. Beauty (NYSE:ELF) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of e.l.f. Beauty (NYSE:ELF) have received an average recommendation of “Moderate Buy” from the eighteen analysts that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $78.3125.

ELF has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $64.00 target price on shares of e.l.f. Beauty in a report on Tuesday, June 16th. Sanford C. Bernstein began coverage on shares of e.l.f. Beauty in a research note on Thursday, June 11th. They issued a “market perform” rating and a $60.00 price objective for the company. Jefferies Financial Group cut their target price on e.l.f. Beauty from $85.00 to $70.00 and set a “buy” rating for the company in a research report on Thursday, May 21st. UBS Group set a $80.00 price target on shares of e.l.f. Beauty in a research report on Thursday, May 21st. Finally, Robert W. Baird dropped their target price on shares of e.l.f. Beauty from $115.00 to $90.00 and set an “outperform” rating for the company in a report on Tuesday, April 28th.

e.l.f. Beauty Price Performance

Shares of ELF opened at $76.23 on Friday. The stock has a market cap of $4.53 billion, a P/E ratio of 165.73, a price-to-earnings-growth ratio of 2.97 and a beta of 1.59. e.l.f. Beauty has a 1 year low of $48.82 and a 1 year high of $150.99. The stock’s 50-day moving average price is $60.27 and its two-hundred day moving average price is $71.94. The company has a current ratio of 2.35, a quick ratio of 1.69 and a debt-to-equity ratio of 0.72.

e.l.f. Beauty (NYSE:ELF) last issued its quarterly earnings data on Wednesday, May 20th. The company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.29 by $0.03. e.l.f. Beauty had a return on equity of 11.02% and a net margin of 1.61%.The business had revenue of $449.29 million for the quarter, compared to the consensus estimate of $423.06 million. During the same quarter last year, the business posted $0.78 EPS. The firm’s revenue was up 35.1% compared to the same quarter last year. e.l.f. Beauty has set its FY 2027 guidance at 3.270-3.320 EPS. On average, equities analysts predict that e.l.f. Beauty will post 2.42 earnings per share for the current year.

Insider Activity at e.l.f. Beauty

In related news, CEO Tarang Amin sold 50,164 shares of the business’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $78.24, for a total transaction of $3,924,831.36. Following the sale, the chief executive officer owned 110,496 shares in the company, valued at $8,645,207.04. The trade was a 31.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Mandy J. Fields sold 4,327 shares of the company’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $51.53, for a total value of $222,970.31. Following the completion of the transaction, the insider directly owned 106,961 shares of the company’s stock, valued at approximately $5,511,700.33. The trade was a 3.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 278,988 shares of company stock worth $18,354,580 over the last 90 days. 3.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of e.l.f. Beauty in the 4th quarter valued at about $26,000. Hilton Head Capital Partners LLC bought a new stake in e.l.f. Beauty during the fourth quarter valued at $32,000. EverSource Wealth Advisors LLC boosted its position in shares of e.l.f. Beauty by 97.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock valued at $32,000 after purchasing an additional 128 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased 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 worth $39,000 after purchasing an additional 117 shares in the last quarter. Finally, Arax Advisory Partners bought a new stake in e.l.f. Beauty in the fourth quarter worth approximately $41,000. 92.44% of the stock is owned by institutional investors.

e.l.f. Beauty Company Profile

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.