e.l.f. Beauty (NYSE:ELF) Given New $137.00 Price Target at JPMorgan Chase & Co.

e.l.f. Beauty (NYSE:ELF) had its price objective lowered by stock analysts at JPMorgan Chase & Co. from $168.00 to $137.00 in a report issued on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 78.50% from the stock’s previous close.

Other equities research analysts have also issued reports about the company. Robert W. Baird reduced their price target on e.l.f. Beauty from $145.00 to $125.00 and set an “outperform” rating for the company in a report on Thursday. Jefferies Financial Group cut their price objective on e.l.f. Beauty from $150.00 to $120.00 and set a “buy” rating on the stock in a research note on Thursday. Raymond James Financial raised their price objective on e.l.f. Beauty from $155.00 to $165.00 and gave the company a “strong-buy” rating in a research note on Monday, October 20th. The Goldman Sachs Group raised their price objective on e.l.f. Beauty from $137.00 to $155.00 and gave the company a “buy” rating in a research note on Thursday, October 2nd. Finally, Bank of America raised their price objective on e.l.f. Beauty from $135.00 to $160.00 and gave the company a “buy” rating in a research note on Wednesday, September 17th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $128.13.

e.l.f. Beauty Stock Down 34.9%

Shares of e.l.f. Beauty stock traded down $41.08 during trading on Thursday, hitting $76.75. 19,323,369 shares of the stock traded hands, compared to its average volume of 2,505,111. The stock has a market cap of $4.55 billion, a P/E ratio of 45.15, a PEG ratio of 2.75 and a beta of 1.61. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.34 and a current ratio of 3.26. e.l.f. Beauty has a twelve month low of $49.40 and a twelve month high of $150.99. The company has a fifty day moving average price of $132.52 and a two-hundred day moving average price of $114.17.

e.l.f. Beauty (NYSE:ELF) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.11. The business had revenue of $343.94 million during the quarter, compared to analyst estimates of $367.89 million. e.l.f. Beauty had a return on equity of 16.36% and a net margin of 7.29%.The firm’s revenue was up 14.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.77 EPS. e.l.f. Beauty has set its FY 2026 guidance at 2.800-2.850 EPS. Equities research analysts predict that e.l.f. Beauty will post 2.38 EPS for the current fiscal year.

Insider Buying and Selling

In other e.l.f. Beauty news, insider Mandy J. Fields sold 55,692 shares of e.l.f. Beauty stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $136.28, for a total value of $7,589,705.76. Following the transaction, the insider directly owned 64,154 shares of the company’s stock, valued at $8,742,907.12. The trade was a 46.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Joshua Allen Franks sold 7,913 shares of e.l.f. Beauty stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $145.00, for a total value of $1,147,385.00. Following the completion of the transaction, the senior vice president directly owned 99,369 shares in the company, valued at approximately $14,408,505. This represents a 7.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 301,060 shares of company stock worth $40,994,733. 3.90% of the stock is currently owned by company insiders.

Institutional Trading of e.l.f. Beauty

Institutional investors and hedge funds have recently modified their holdings of the company. Aurora Investment Counsel bought a new stake in shares of e.l.f. Beauty during the first quarter valued at approximately $294,000. Caas Capital Management LP increased its position in shares of e.l.f. Beauty by 1,466.7% during the first quarter. Caas Capital Management LP now owns 4,700 shares of the company’s stock valued at $295,000 after purchasing an additional 4,400 shares during the period. EFG Asset Management North America Corp. grew its position in e.l.f. Beauty by 69.6% in the second quarter. EFG Asset Management North America Corp. now owns 35,304 shares of the company’s stock valued at $4,396,000 after acquiring an additional 14,492 shares during the period. Quantitative Investment Management LLC bought a new stake in e.l.f. Beauty in the first quarter valued at $3,916,000. Finally, American Assets Inc. bought a new stake in e.l.f. Beauty in the first quarter valued at $791,000. 92.44% of the stock is currently owned by institutional investors.

e.l.f. Beauty Company Profile

e.l.f. Beauty, Inc is a holding company, which engages in the provision of inclusive, accessible, clean, vegan and cruelty free cosmetics and skin care products. The company focuses on the e-commerce, national retailers and international business channels. Its brands include elf, elf skin, WELL People and KEYS soulcare.