Wall Street brokerages expect that e.l.f. Beauty Inc (NYSE:ELF) will post $84.68 million in sales for the current quarter, according to Zacks Investment Research. Nine analysts have made estimates for e.l.f. Beauty’s earnings. The highest sales estimate is $86.90 million and the lowest is $83.20 million. e.l.f. Beauty posted sales of $81.59 million during the same quarter last year, which would indicate a positive year over year growth rate of 3.8%. The company is expected to announce its next earnings results on Tuesday, February 26th.

On average, analysts expect that e.l.f. Beauty will report full year sales of $273.40 million for the current financial year, with estimates ranging from $272.00 million to $275.80 million. For the next year, analysts anticipate that the business will report sales of $282.92 million, with estimates ranging from $276.18 million to $289.30 million. Zacks’ sales calculations are a mean average based on a survey of research analysts that cover e.l.f. Beauty.

e.l.f. Beauty (NYSE:ELF) last announced its quarterly earnings data on Monday, November 5th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.09. e.l.f. Beauty had a net margin of 10.11% and a return on equity of 10.60%. The company had revenue of $63.90 million during the quarter, compared to analysts’ expectations of $60.09 million. During the same quarter in the prior year, the company earned $0.17 EPS. e.l.f. Beauty’s revenue was down 11.1% compared to the same quarter last year.

ELF has been the subject of several research reports. BMO Capital Markets upped their price objective on shares of e.l.f. Beauty from $13.00 to $14.00 and gave the company a “hold” rating in a research note on Tuesday, November 6th. Jefferies Financial Group set a $13.00 price objective on shares of e.l.f. Beauty and gave the company a “hold” rating in a research note on Thursday, November 29th. Citigroup set a $15.00 price objective on shares of e.l.f. Beauty and gave the company a “hold” rating in a research note on Wednesday, November 7th. Zacks Investment Research cut shares of e.l.f. Beauty from a “buy” rating to a “hold” rating in a research note on Monday. Finally, ValuEngine cut shares of e.l.f. Beauty from a “buy” rating to a “hold” rating in a research note on Wednesday, January 2nd. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the stock. e.l.f. Beauty presently has a consensus rating of “Hold” and an average target price of $12.13.

In other e.l.f. Beauty news, CFO John P. Bailey sold 37,095 shares of the business’s stock in a transaction dated Friday, November 23rd. The shares were sold at an average price of $12.07, for a total value of $447,736.65. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Jonathan T. Fieldman sold 65,000 shares of the business’s stock in a transaction dated Tuesday, November 6th. The shares were sold at an average price of $13.22, for a total transaction of $859,300.00. The disclosure for this sale can be found here. Insiders sold a total of 696,375 shares of company stock worth $7,726,640 over the last quarter. 15.50% of the stock is currently owned by company insiders.

A number of large investors have recently bought and sold shares of ELF. SG Americas Securities LLC acquired a new position in shares of e.l.f. Beauty in the 2nd quarter worth approximately $185,000. Schwab Charles Investment Management Inc. lifted its holdings in shares of e.l.f. Beauty by 7.5% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 108,291 shares of the company’s stock worth $1,651,000 after acquiring an additional 7,536 shares during the last quarter. BlackRock Inc. lifted its holdings in shares of e.l.f. Beauty by 7.1% in the 2nd quarter. BlackRock Inc. now owns 1,444,019 shares of the company’s stock worth $22,008,000 after acquiring an additional 95,788 shares during the last quarter. FMR LLC lifted its holdings in shares of e.l.f. Beauty by 13.7% in the 2nd quarter. FMR LLC now owns 3,949,700 shares of the company’s stock worth $60,193,000 after acquiring an additional 477,400 shares during the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new position in shares of e.l.f. Beauty in the 2nd quarter worth approximately $625,000. Institutional investors own 84.83% of the company’s stock.

Shares of NYSE ELF opened at $8.12 on Thursday. e.l.f. Beauty has a 12-month low of $7.50 and a 12-month high of $21.98. The stock has a market cap of $401.00 million, a P/E ratio of 16.92, a price-to-earnings-growth ratio of 3.52 and a beta of 2.01. The company has a debt-to-equity ratio of 0.66, a current ratio of 3.49 and a quick ratio of 2.01.

About e.l.f. Beauty

e.l.f. Beauty, Inc operates as a beauty company. The company offers cosmetics, including face makeup, eye makeup, lip products, nail products, and cosmetics sets/kits; and skin care products under the e.l.f. brand name. It sells its products through direct-to-consumer channels, which include e-commerce and e.l.f.

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