e.l.f. Beauty (ELF) Given Outperform Rating at Cowen

Cowen reiterated their outperform rating on shares of e.l.f. Beauty (NYSE:ELF) in a research report sent to investors on Thursday, November 9th, The Fly reports. Cowen currently has a $22.00 price objective on the stock, down from their previous price objective of $34.00.

Several other analysts have also weighed in on the stock. Citigroup started coverage on shares of e.l.f. Beauty in a report on Tuesday, July 25th. They set a buy rating and a $30.00 price objective for the company. Piper Jaffray Companies set a $32.00 price objective on shares of e.l.f. Beauty and gave the stock a buy rating in a report on Thursday, August 10th. Stifel Nicolaus set a $25.00 price objective on shares of e.l.f. Beauty and gave the stock a hold rating in a report on Thursday, August 10th. Jefferies Group reaffirmed a buy rating and set a $30.00 price objective on shares of e.l.f. Beauty in a report on Tuesday, September 26th. Finally, DA Davidson began coverage on shares of e.l.f. Beauty in a report on Wednesday, September 6th. They issued a buy rating and a $26.00 price target for the company. Five analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. e.l.f. Beauty has an average rating of Buy and a consensus price target of $24.27.

e.l.f. Beauty (ELF) opened at $21.50 on Thursday. The company has a market cap of $950.64, a PE ratio of 47.79, a price-to-earnings-growth ratio of 3.03 and a beta of 3.53. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.95 and a current ratio of 2.17. e.l.f. Beauty has a one year low of $18.52 and a one year high of $32.54.

e.l.f. Beauty (NYSE:ELF) last announced its quarterly earnings results on Wednesday, November 8th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.14. The firm had revenue of $71.90 million during the quarter, compared to analysts’ expectations of $68.38 million. e.l.f. Beauty had a net margin of 7.02% and a return on equity of 13.90%. The company’s revenue for the quarter was up 27.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.09 earnings per share. equities analysts expect that e.l.f. Beauty will post 0.35 EPS for the current year.

In other news, insider Scott Milsten sold 5,172 shares of e.l.f. Beauty stock in a transaction on Monday, September 25th. The shares were sold at an average price of $19.52, for a total transaction of $100,957.44. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Jonathan T. Fieldman sold 4,137 shares of e.l.f. Beauty stock in a transaction on Thursday, October 26th. The stock was sold at an average price of $23.00, for a total transaction of $95,151.00. The disclosure for this sale can be found here. 16.50% of the stock is currently owned by company insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC boosted its position in shares of e.l.f. Beauty by 2.2% during the first quarter. Geode Capital Management LLC now owns 100,544 shares of the company’s stock worth $2,895,000 after purchasing an additional 2,145 shares in the last quarter. TimesSquare Capital Management LLC lifted its position in e.l.f. Beauty by 115.0% in the 2nd quarter. TimesSquare Capital Management LLC now owns 1,430,000 shares of the company’s stock valued at $38,910,000 after acquiring an additional 765,000 shares in the last quarter. Marshall Wace North America L.P. bought a new stake in e.l.f. Beauty in the 2nd quarter valued at $5,521,000. Sterling Capital Management LLC lifted its position in e.l.f. Beauty by 56.3% in the 2nd quarter. Sterling Capital Management LLC now owns 41,348 shares of the company’s stock valued at $1,125,000 after acquiring an additional 14,891 shares in the last quarter. Finally, Capital World Investors bought a new stake in e.l.f. Beauty in the 2nd quarter valued at $31,144,000. 91.24% of the stock is currently owned by institutional investors.

COPYRIGHT VIOLATION WARNING: “e.l.f. Beauty (ELF) Given Outperform Rating at Cowen” was first published by BBNS and is owned by of BBNS. If you are reading this story on another site, it was stolen and reposted in violation of U.S. & international copyright and trademark law. The legal version of this story can be viewed at https://baseballnewssource.com/markets/e-l-f-beautys-elf-outperform-rating-reaffirmed-at-cowen-and-company/1771586.html.

e.l.f. Beauty Company Profile

e.l.f. Beauty, Inc, formerly J.A. Cosmetics Holdings, Inc, is a cosmetic company. The Company conducts its business under the name e.l.f. Cosmetics, and offers products for eyes, lips and face to consumers through its retail customers, e.l.f. stores and e-commerce channels. The Company offers a range of products for eyes, such as eyeshadow, eyeliner, mascara and eyelashes, eyebrows, concealer and primer, brushes and tools, and sets and palettes.

The Fly

Analyst Recommendations for e.l.f. Beauty (NYSE:ELF)

Receive News & Ratings for e.l.f. Beauty Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for e.l.f. Beauty Inc. and related companies with our FREE daily email newsletter.

 


Latest News

Phillies Sign Free Agent Carlos Santana
Phillies Sign Free Agent Carlos Santana
Tigers Trade Ian Kinsler to Angels for Pair of Minor Leaguers
Tigers Trade Ian Kinsler to Angels for Pair of Minor Leaguers
Manny Machado Could Change Positions or Uniforms
Manny Machado Could Change Positions or Uniforms
Jack Morris, Alan Trammel Voted by Modern Era Committee into Hall of Fame
Jack Morris, Alan Trammel Voted by Modern Era Committee into Hall of Fame
Yankees and Marlins Continue Stanton Trade Talks
Yankees and Marlins Continue Stanton Trade Talks
Marlins Making Moves, Trade Dee Gordon to Seattle
Marlins Making Moves, Trade Dee Gordon to Seattle


Leave a Reply

 
© 2006-2017 BBNS.