e.l.f. Beauty Inc. (NYSE:ELF) – Research analysts at William Blair lifted their Q4 2017 earnings per share estimates for shares of e.l.f. Beauty in a report issued on Wednesday. William Blair analyst J. Andersen now forecasts that the company will earn $0.13 per share for the quarter, up from their previous estimate of $0.12.

Other equities research analysts also recently issued reports about the company. BMO Capital Markets set a $38.00 target price on e.l.f. Beauty and gave the stock a “buy” rating in a research report on Tuesday, August 8th. Citigroup Inc. started coverage on e.l.f. Beauty in a research report on Tuesday, July 25th. They issued a “buy” rating and a $30.00 target price on the stock. Piper Jaffray Companies set a $26.00 target price on e.l.f. Beauty and gave the stock a “buy” rating in a research report on Wednesday, October 18th. DA Davidson reiterated a “buy” rating and issued a $26.00 target price on shares of e.l.f. Beauty in a research report on Wednesday, September 27th. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a $30.00 target price on shares of e.l.f. Beauty in a research report on Tuesday, September 26th. One analyst has rated the stock with a sell rating, four have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. e.l.f. Beauty currently has a consensus rating of “Buy” and a consensus target price of $24.27.

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e.l.f. Beauty (NYSE ELF) opened at $19.05 on Monday. e.l.f. Beauty has a 52-week low of $18.52 and a 52-week high of $32.54. The company has a market capitalization of $881.25, a PE ratio of 44.30, a PEG ratio of 3.34 and a beta of 3.53. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.17 and a quick ratio of 0.95.

e.l.f. Beauty (NYSE:ELF) last announced its quarterly earnings data on Wednesday, November 8th. The company reported $0.17 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.14. e.l.f. Beauty had a return on equity of 13.90% and a net margin of 7.02%. The business had revenue of $71.90 million for the quarter, compared to the consensus estimate of $68.38 million. During the same period in the previous year, the business earned $0.09 earnings per share. The business’s revenue was up 27.7% on a year-over-year basis.

In other e.l.f. Beauty news, insider Scott Milsten sold 5,172 shares of the business’s stock in a transaction that occurred on Monday, September 25th. The stock was 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 can be accessed through this hyperlink. Also, insider Jonathan T. Fieldman sold 4,137 shares of the business’s stock in a transaction that occurred on Thursday, October 26th. The stock was sold at an average price of $23.00, for a total value of $95,151.00. The disclosure for this sale can be found here. Insiders have sold 15,468 shares of company stock worth $348,359 over the last three months. 16.50% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of ELF. Capital World Investors bought a new stake in e.l.f. Beauty during the second quarter worth approximately $31,144,000. Ameriprise Financial Inc. bought a new position in shares of e.l.f. Beauty during the third quarter valued at approximately $20,359,000. TimesSquare Capital Management LLC grew its stake in shares of e.l.f. Beauty by 115.0% during the second quarter. TimesSquare Capital Management LLC now owns 1,430,000 shares of the company’s stock valued at $38,910,000 after buying an additional 765,000 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of e.l.f. Beauty by 67.3% during the first quarter. Vanguard Group Inc. now owns 1,322,465 shares of the company’s stock valued at $38,087,000 after buying an additional 531,777 shares during the last quarter. Finally, Jennison Associates LLC grew its stake in shares of e.l.f. Beauty by 258.4% during the second quarter. Jennison Associates LLC now owns 716,794 shares of the company’s stock valued at $19,504,000 after buying an additional 516,794 shares during the last quarter. 87.01% of the stock is currently owned by institutional investors.

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.

Earnings History and Estimates for e.l.f. Beauty (NYSE:ELF)

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