e.l.f. Beauty (NYSE:ELF) Receives $126.80 Average Target Price from Analysts

Shares of e.l.f. Beauty (NYSE:ELF) have received an average recommendation of “Moderate Buy” from the eighteen brokerages that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, six have given a hold rating, ten have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $126.80.

Several research analysts recently weighed in on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of e.l.f. Beauty in a research note on Wednesday, October 8th. The Goldman Sachs Group cut their target price on shares of e.l.f. Beauty from $155.00 to $135.00 and set a “buy” rating on the stock in a report on Friday, November 7th. UBS Group reduced their price target on shares of e.l.f. Beauty from $150.00 to $105.00 and set a “neutral” rating on the stock in a research report on Thursday, November 6th. Bank of America upped their price objective on shares of e.l.f. Beauty from $135.00 to $160.00 and gave the company a “buy” rating in a research report on Wednesday, September 17th. Finally, Raymond James Financial raised their price objective on e.l.f. Beauty from $155.00 to $165.00 and gave the stock a “strong-buy” rating in a research note on Monday, October 20th.

e.l.f. Beauty Trading Up 2.2%

NYSE ELF opened at $69.90 on Friday. The stock has a 50-day simple moving average of $118.52 and a 200 day simple moving average of $114.88. The company has a market capitalization of $4.17 billion, a PE ratio of 49.23, a P/E/G ratio of 5.91 and a beta of 1.61. The company has a current ratio of 2.70, a quick ratio of 1.76 and a debt-to-equity ratio of 0.73. e.l.f. Beauty has a 12 month low of $49.40 and a 12 month high of $150.99.

e.l.f. Beauty (NYSE:ELF) last issued its earnings results on Wednesday, November 5th. The company reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.11. The firm had revenue of $343.94 million for the quarter, compared to analysts’ expectations of $367.89 million. e.l.f. Beauty had a return on equity of 13.77% and a net margin of 5.90%.The company’s revenue was up 14.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.77 earnings per share. e.l.f. Beauty has set its FY 2026 guidance at 2.800-2.850 EPS. Research analysts forecast that e.l.f. Beauty will post 2.38 EPS for the current year.

Insider Buying and Selling

In other news, CEO Tarang Amin sold 116,315 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $132.24, for a total transaction of $15,381,495.60. Following the sale, the chief executive officer owned 81,818 shares of the company’s stock, valued at $10,819,612.32. This trade represents a 58.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Scott Milsten sold 15,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $150.23, for a total value of $2,253,450.00. Following the completion of the transaction, the insider owned 97,406 shares of the company’s stock, valued at $14,633,303.38. This represents a 13.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 296,430 shares of company stock valued at $40,444,041. 3.90% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in ELF. Marshall Wace LLP acquired a new stake in shares of e.l.f. Beauty during the second quarter worth $118,058,000. Atreides Management LP acquired a new position in e.l.f. Beauty in the 2nd quarter worth $61,479,000. Champlain Investment Partners LLC increased its holdings in e.l.f. Beauty by 19.7% during the 1st quarter. Champlain Investment Partners LLC now owns 2,665,026 shares of the company’s stock worth $167,337,000 after purchasing an additional 438,575 shares in the last quarter. Man Group plc acquired a new stake in shares of e.l.f. Beauty in the 2nd quarter valued at about $52,316,000. Finally, Woodline Partners LP acquired a new stake in shares of e.l.f. Beauty in the 3rd quarter valued at about $52,613,000. Institutional investors and hedge funds own 92.44% of the company’s stock.

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.