Deutsche Bank Aktiengesellschaft Cuts e.l.f. Beauty (NYSE:ELF) Price Target to $68.00

e.l.f. Beauty (NYSE:ELF) had its price target lowered by equities research analysts at Deutsche Bank Aktiengesellschaft from $95.00 to $68.00 in a note issued to investors on Monday,Benzinga reports. The firm presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 12.37% from the stock’s previous close.

Several other equities research analysts also recently issued reports on the company. Piper Sandler dropped their target price on e.l.f. Beauty from $100.00 to $85.00 and set a “neutral” rating on the stock in a research report on Monday, December 22nd. UBS Group increased their price objective on e.l.f. Beauty from $98.00 to $102.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Zacks Research upgraded e.l.f. Beauty from a “strong sell” rating to a “hold” rating in a research note on Monday, January 5th. Jefferies Financial Group started coverage on e.l.f. Beauty in a report on Wednesday, January 14th. They set a “buy” rating and a $110.00 target price for the company. Finally, TD Cowen lowered their price target on shares of e.l.f. Beauty from $110.00 to $100.00 and set a “buy” rating on the stock in a report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, e.l.f. Beauty presently has a consensus rating of “Moderate Buy” and a consensus target price of $120.47.

e.l.f. Beauty Stock Performance

ELF stock traded down $0.54 during midday trading on Monday, hitting $60.51. The company’s stock had a trading volume of 926,932 shares, compared to its average volume of 2,181,788. The stock has a market cap of $3.57 billion, a price-to-earnings ratio of 34.25, a PEG ratio of 5.13 and a beta of 1.67. The stock’s 50-day moving average price is $81.67 and its 200 day moving average price is $94.81. The company has a quick ratio of 1.89, a current ratio of 2.76 and a debt-to-equity ratio of 0.70. 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 posted its quarterly earnings data 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. e.l.f. Beauty had a net margin of 6.84% and a return on equity of 15.08%. The business had revenue of $489.51 million during the quarter, compared to the consensus estimate of $461.78 million. During the same quarter last year, the company posted $0.74 earnings per share. The firm’s quarterly revenue was up 37.8% compared to the same quarter last year. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. On average, equities analysts forecast that e.l.f. Beauty will post 2.38 EPS for the current year.

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

Institutional investors have recently added to or reduced their stakes in the company. Migdal Insurance & Financial Holdings Ltd. bought a new stake in e.l.f. Beauty in the 4th quarter worth $26,000. Hilton Head Capital Partners LLC bought a new position in shares of e.l.f. Beauty during the fourth quarter valued at about $32,000. EverSource Wealth Advisors LLC raised its stake in shares of 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 acquiring an additional 128 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of e.l.f. Beauty by 58.5% during 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 during the period. Finally, Arax Advisory Partners bought a new stake in shares of e.l.f. Beauty in the fourth quarter worth about $41,000. Hedge funds and other institutional investors own 92.44% of the company’s stock.

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.