e.l.f. Beauty (NYSE:ELF) Earns “Buy” Rating from B. Riley Financial

e.l.f. Beauty (NYSE:ELF)‘s stock had its “buy” rating restated by equities research analysts at B. Riley Financial in a report issued on Wednesday, Benzinga reports. They currently have a $115.00 price objective on the stock, up from their previous price objective of $100.00. B. Riley Financial’s price target would suggest a potential upside of 21.50% from the stock’s current price.

Several other research firms also recently weighed in on ELF. The Goldman Sachs Group set a $100.00 price objective on shares of e.l.f. Beauty in a report on Thursday, August 6th. Zacks Research cut shares of e.l.f. Beauty from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 10th. Raymond James Financial boosted their target price on shares of e.l.f. Beauty from $85.00 to $87.00 and gave the stock a “strong-buy” rating in a research report on Tuesday, July 14th. 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. Finally, Weiss Ratings upgraded e.l.f. Beauty from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $96.75.

e.l.f. Beauty Stock Down 0.9%

e.l.f. Beauty stock traded down $0.82 during mid-day trading on Wednesday, reaching $94.65. The stock had a trading volume of 411,238 shares, compared to its average volume of 2,690,867. The firm has a market capitalization of $5.59 billion, a PE ratio of 94.67, a price-to-earnings-growth ratio of 3.00 and a beta of 1.60. e.l.f. Beauty has a fifty-two week low of $48.82 and a fifty-two week high of $150.99. The stock’s 50-day simple moving average is $91.44 and its 200-day simple moving average is $74.47. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.82 and a current ratio of 2.55.

e.l.f. Beauty (NYSE:ELF) last issued its earnings results on Wednesday, August 5th. The company reported $1.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.71 by $1.04. e.l.f. Beauty had a return on equity of 14.07% and a net margin of 3.38%.The company had revenue of $479.37 million for the quarter, compared to analyst estimates of $431.20 million. During the same period in the prior year, the firm earned $0.89 earnings per share. e.l.f. Beauty’s revenue for the quarter was up 35.5% on a year-over-year basis. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. On average, sell-side analysts forecast that e.l.f. Beauty will post 2.64 EPS for the current fiscal year.

Insider Transactions at e.l.f. Beauty

In related news, insider Mandy Fields sold 16,065 shares of the business’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $104.52, for a total transaction of $1,679,113.80. Following the transaction, the insider directly owned 90,896 shares in the company, valued at approximately $9,500,449.92. The trade was a 15.02% 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 12,173 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $88.02, for a total transaction of $1,071,467.46. Following the transaction, the insider owned 169,695 shares in the company, valued at approximately $14,936,553.90. This trade represents a 6.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 116,223 shares of company stock worth $10,000,410. 3.50% of the stock is owned by insiders.

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

A number of hedge funds and other institutional investors have recently modified their holdings of ELF. BlackRock Inc. bought a new stake in e.l.f. Beauty during the second quarter worth $428,262,000. Swedbank AB grew its stake in e.l.f. Beauty by 97.0% in the 4th quarter. Swedbank AB now owns 1,364,801 shares of the company’s stock valued at $103,779,000 after purchasing an additional 672,071 shares during the period. Primecap Management Co. CA bought a new position in e.l.f. Beauty in the 2nd quarter valued at $78,202,000. Geode Capital Management LLC increased its position in shares of e.l.f. Beauty by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 1,040,518 shares of the company’s stock valued at $79,138,000 after purchasing an additional 21,016 shares during the last quarter. Finally, Capital World Investors increased its position in shares of e.l.f. Beauty by 40.4% during the 4th quarter. Capital World Investors now owns 929,632 shares of the company’s stock valued at $70,689,000 after purchasing an additional 267,696 shares during the last quarter. Hedge funds and other institutional investors own 92.44% of the company’s stock.

e.l.f. Beauty News Roundup

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

• Positive Sentiment: Brazil expansion broadens e.l.f.’s international growth opportunity. e.l.f. Cosmetics launched exclusively at Sephora Brazil, making it the first mass color brand carried by Sephora in the country. The move adds a new market for the brand as international sales continue to expand. e.l.f. Cosmetics Launches in Brazil Exclusively with Sephora
• Positive Sentiment: Rhode’s Sephora Europe rollout could provide a meaningful sales contribution. Bank of America estimates the Rhode brand could generate as much as $200 million in annual sales through its European launch at Sephora, supporting e.l.f. Beauty’s broader portfolio transformation and global growth strategy. Rhode Launch in Sephora Europe Could Drive Up to $200 Million in Annual Sales
• Positive Sentiment: Analyst sentiment remains favorable. Bank of America raised its price target from $100 to $118 and maintained a Buy rating, while Citi also reiterated its Buy rating. The endorsements reflect confidence in e.l.f.’s brand portfolio, international expansion and growth prospects.
• Positive Sentiment: Growth-focused analysis remains supportive. Zacks highlighted e.l.f. Beauty as a strong growth stock, while other analysis cited robust growth and a transforming portfolio as justification for the premium valuation. Why e.l.f. Beauty Is a Strong Growth Stock
• Neutral Sentiment: Investors are also monitoring upcoming earnings expectations, with Zacks discussing e.l.f. Beauty among stocks that could benefit from positive earnings-estimate surprises.
• Negative Sentiment: Valuation and execution risk remain key concerns. With a high earnings multiple and a history of substantial share-price volatility, the stock requires continued strong sales growth and successful international launches. Any slowdown or weaker-than-expected returns from new markets could pressure the shares. Strong Growth and a Transforming Portfolio Justify the Premium

e.l.f. Beauty Company Profile

e.l.f. Beauty, Inc develops, markets and sells cosmetics, skin care and beauty products. Its portfolio includes e.l.f. Cosmetics, which offers makeup, skin care, tools and accessories, as well as brands such as Naturium, W3LL PEOPLE and Keys Soulcare. The company positions its products as accessible and affordable alternatives across a range of beauty categories.

Founded in 2004, e.l.f. Beauty distributes its products through mass retailers, specialty beauty stores, direct-to-consumer websites and other digital channels.