e.l.f. Beauty (NYSE:ELF) Releases FY 2027 Earnings Guidance

e.l.f. Beauty (NYSE:ELF) updated its FY 2027 earnings guidance on Wednesday. The company provided earnings per share guidance of 3.500-3.550 for the period, compared to the consensus earnings per share estimate of 3.120. The company issued revenue guidance of $1.9 billion-$2.0 billion, compared to the consensus revenue estimate of $1.9 billion.

Analyst Upgrades and Downgrades

ELF has been the subject of a number of analyst reports. Bank of America reduced their price target on e.l.f. Beauty from $93.00 to $85.00 and set a “buy” rating for the company in a research report on Thursday, May 21st. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $64.00 target price on shares of e.l.f. Beauty in a report on Tuesday, June 16th. Raymond James Financial upped their price objective on shares of e.l.f. Beauty from $85.00 to $87.00 and gave the stock a “strong-buy” rating in a report on Tuesday, July 14th. B. Riley Financial raised their price target on e.l.f. Beauty from $70.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday. Finally, The Goldman Sachs Group set a $100.00 price objective on e.l.f. Beauty in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, e.l.f. Beauty currently has an average rating of “Moderate Buy” and an average target price of $88.19.

e.l.f. Beauty Price Performance

Shares of NYSE:ELF traded up $5.90 during midday trading on Thursday, reaching $92.27. The company’s stock had a trading volume of 5,692,344 shares, compared to its average volume of 2,863,776. The business’s fifty day simple moving average is $69.81 and its 200-day simple moving average is $71.54. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.35 and a quick ratio of 1.69. e.l.f. Beauty has a fifty-two week low of $48.82 and a fifty-two week high of $150.99. The company has a market capitalization of $5.44 billion, a P/E ratio of 200.58, a P/E/G ratio of 3.42 and a beta of 1.58.

e.l.f. Beauty (NYSE:ELF) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $1.75 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $1.04. e.l.f. Beauty had a net margin of 1.61% and a return on equity of 11.02%. During the same quarter last year, the company posted $0.89 EPS. The company’s revenue was up 35.5% compared to the same quarter last year. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. As a group, equities research analysts expect that e.l.f. Beauty will post 2.42 EPS for the current fiscal year.

Insider Activity at e.l.f. Beauty

In other news, CEO Tarang Amin sold 50,164 shares of the company’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 transaction, the chief executive officer owned 110,496 shares of the company’s stock, valued at $8,645,207.04. This represents a 31.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Jennifer Catherine Hartnett sold 25,357 shares of e.l.f. Beauty stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $80.00, for a total value of $2,028,560.00. Following the completion of the sale, the insider owned 28,699 shares of the company’s stock, valued at approximately $2,295,920. The trade was a 46.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 121,855 shares of company stock valued at $8,351,493 over the last quarter. 3.50% of the stock is currently owned by corporate insiders.

Key Headlines Impacting e.l.f. Beauty

Here are the key news stories impacting e.l.f. Beauty this week:

• Positive Sentiment: Q1 results exceeded expectations: Adjusted earnings were $1.75 per share versus the $0.71 consensus estimate, while revenue rose 35.5% year over year to $479.4 million, above expectations of approximately $431 million. e.l.f. Beauty quarterly earnings report
• Positive Sentiment: Rhode is driving growth: The acquired brand generated about $160 million in quarterly sales, while international revenue increased 61%. Management said Rhode, improving organic trends and global expansion contributed substantially to sales growth. e.l.f. Beauty Q1 earnings beat
• Positive Sentiment: Fiscal 2027 outlook was raised: e.l.f. now expects net sales growth of 18% to 20%, compared with its prior 12% to 14% forecast, implying revenue near the $2 billion milestone. EPS guidance of $3.50 to $3.55 also exceeds the roughly $3.12 analyst consensus. e.l.f. Beauty raises fiscal 2027 outlook
• Positive Sentiment: Analyst support improved: B. Riley raised its price target from $70 to $100 and maintained a buy rating, reinforcing the bullish reaction to the earnings release. B. Riley price target report
• Neutral Sentiment: Tariff refunds boosted profitability: Approximately $50 million of IEEPA tariff refunds helped lift gross margin and nearly double net income. e.l.f. plans to reinvest the refunds, but investors may discount some of the earnings benefit because it is not expected to recur.
• Negative Sentiment: Execution risks remain: Investors continue to watch whether the core e.l.f. brand can regain momentum without relying on Rhode, particularly after earlier price increases affected unit volume. Elevated debt following the Rhode acquisition and substantial recent insider selling may also temper enthusiasm.

Institutional Investors Weigh In On e.l.f. Beauty

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada grew its position in shares of e.l.f. Beauty by 9.9% during the 1st quarter. Royal Bank of Canada now owns 153,682 shares of the company’s stock worth $9,650,000 after buying an additional 13,851 shares during the period. Integrated Wealth Concepts LLC boosted its stake in e.l.f. Beauty by 168.6% during the 1st quarter. Integrated Wealth Concepts LLC now owns 6,483 shares of the company’s stock worth $407,000 after acquiring an additional 4,069 shares during the last quarter. NewEdge Advisors LLC grew its holdings in e.l.f. Beauty by 176.4% during the first quarter. NewEdge Advisors LLC now owns 4,677 shares of the company’s stock valued at $294,000 after purchasing an additional 2,985 shares during the period. United Services Automobile Association bought a new stake in e.l.f. Beauty in the first quarter valued at approximately $240,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake 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 in the last quarter. Institutional investors 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.