e.l.f. Beauty (NYSE:ELF) Releases FY 2027 Earnings Guidance

e.l.f. Beauty (NYSE:ELF) issued an update on its FY 2027 earnings guidance on Wednesday. The company provided EPS guidance of 3.500-3.550 for the period, compared to the consensus EPS estimate of 3.120. The company issued revenue guidance of $1.9 billion-$2.0 billion, compared to the consensus revenue estimate of $1.9 billion.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Robert W. Baird dropped their price target on e.l.f. Beauty from $115.00 to $90.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 28th. Jefferies Financial Group upped their price objective on e.l.f. Beauty from $72.00 to $100.00 and gave the company a “buy” rating in a research report on Tuesday, July 28th. Weiss Ratings raised e.l.f. Beauty from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, July 30th. Morgan Stanley dropped their target price on e.l.f. Beauty from $67.00 to $59.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 21st. Finally, Canaccord Genuity Group boosted their price target on e.l.f. Beauty from $90.00 to $97.00 and gave the company a “buy” rating in a research note on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $83.06.

e.l.f. Beauty Trading Down 0.9%

NYSE ELF traded down $0.83 during trading on Wednesday, hitting $87.01. The stock had a trading volume of 4,873,096 shares, compared to its average volume of 2,845,250. The company has a quick ratio of 1.69, a current ratio of 2.35 and a debt-to-equity ratio of 0.72. The company has a market capitalization of $5.13 billion, a PE ratio of 189.16, a PEG ratio of 3.23 and a beta of 1.58. The firm has a 50 day moving average price of $69.22 and a 200 day moving average price of $71.55. e.l.f. Beauty has a twelve month low of $48.82 and a twelve month high of $150.99.

e.l.f. Beauty (NYSE:ELF) last issued its quarterly earnings results on Wednesday, May 20th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.03. e.l.f. Beauty had a net margin of 1.61% and a return on equity of 11.02%. The business had revenue of $449.29 million for the quarter, compared to analysts’ expectations of $423.06 million. During the same quarter in the prior year, the company earned $0.78 earnings per share. The business’s quarterly revenue was up 35.1% on a year-over-year basis. e.l.f. Beauty has set its FY 2027 guidance at 3.270-3.320 EPS. As a group, equities research analysts forecast that e.l.f. Beauty will post 2.41 earnings per share for the current year.

Insider Activity

In other e.l.f. Beauty news, insider Mandy J. Fields sold 4,327 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $51.53, for a total value of $222,970.31. Following the completion of the transaction, the insider owned 106,961 shares of the company’s stock, valued at $5,511,700.33. This trade represents a 3.89% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Tarang Amin sold 50,164 shares of the business’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $78.24, for a total transaction of $3,924,831.36. Following the completion of the transaction, the chief executive officer owned 110,496 shares of the company’s stock, valued at approximately $8,645,207.04. This trade represents a 31.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 121,855 shares of company stock worth $8,351,493 over the last 90 days. Company insiders own 3.50% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. White Knight Strategic Wealth Advisors LLC purchased a new position in shares of e.l.f. Beauty during the second quarter valued at approximately $216,000. Lighthouse Investment Partners LLC purchased a new stake in e.l.f. Beauty in the 3rd quarter valued at $212,000. Headlands Technologies LLC purchased a new stake in e.l.f. Beauty in the 4th quarter valued at $209,000. Cresset Asset Management LLC bought a new position in e.l.f. Beauty during the 3rd quarter valued at $204,000. Finally, Larson Financial Group LLC lifted its stake in e.l.f. Beauty by 62.2% during the 3rd quarter. Larson Financial Group LLC now owns 1,479 shares of the company’s stock valued at $196,000 after acquiring an additional 567 shares in the last quarter. 92.44% of the stock is owned by institutional investors and hedge funds.

e.l.f. Beauty Company Profile

e.l.f. Beauty (NYSE: ELF) is an American cosmetics company known for offering an extensive range of affordable, trend-driven makeup and skincare products. The company’s portfolio spans foundations, lipsticks, mascaras, brushes, serums, masks and other beauty essentials, all positioned at accessible price points. e.l.f. Beauty maintains a direct-to-consumer platform through its e-commerce site and engages in widespread retail partnerships with major chains such as Target, Walmart, Ulta Beauty and Amazon.

Founded in 2004 and headquartered in Oakland, California, e.l.f.