Equities research analysts expect e.l.f. Beauty Inc (NYSE:ELF) to report sales of $84.88 million for the current quarter, Zacks reports. Nine analysts have made estimates for e.l.f. Beauty’s earnings. The lowest sales estimate is $83.20 million and the highest is $86.90 million. e.l.f. Beauty reported sales of $81.59 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 4%. The business is expected to issue its next earnings results on Tuesday, February 26th.

According to Zacks, analysts expect that e.l.f. Beauty will report full-year sales of $273.58 million for the current year, with estimates ranging from $272.00 million to $275.80 million. For the next fiscal year, analysts forecast that the company will report sales of $283.51 million, with estimates ranging from $278.41 million to $289.30 million. Zacks’ sales averages are an average based on a survey of analysts that follow e.l.f. Beauty.

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

Several equities research analysts recently commented on ELF shares. Jefferies Financial Group set a $13.00 price target on shares of e.l.f. Beauty and gave the company a “hold” rating in a research report on Thursday, November 29th. JPMorgan Chase & Co. set a $11.00 target price on shares of e.l.f. Beauty and gave the stock a “sell” rating in a research report on Thursday, September 13th. Zacks Investment Research upgraded shares of e.l.f. Beauty from a “hold” rating to a “strong-buy” rating and set a $15.00 target price for the company in a research report on Thursday, November 8th. Citigroup set a $15.00 target price on shares of e.l.f. Beauty and gave the stock a “hold” rating in a research report on Wednesday, November 7th. Finally, BMO Capital Markets increased their target price on shares of e.l.f. Beauty from $13.00 to $14.00 and gave the stock a “hold” rating in a research report on Tuesday, November 6th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating, one has given a buy rating and one has given a strong buy rating to the company. e.l.f. Beauty presently has an average rating of “Hold” and an average price target of $14.25.

Shares of NYSE:ELF traded down $0.09 during mid-day trading on Friday, hitting $11.12. The stock had a trading volume of 451,604 shares, compared to its average volume of 565,404. The company has a debt-to-equity ratio of 0.66, a quick ratio of 2.01 and a current ratio of 3.49. The company has a market cap of $561.20 million, a PE ratio of 23.17, a price-to-earnings-growth ratio of 4.68 and a beta of 1.47. e.l.f. Beauty has a 12-month low of $9.30 and a 12-month high of $23.33.

In other news, insider Scott Milsten sold 3,700 shares of the firm’s stock in a transaction on Monday, November 19th. The shares were sold at an average price of $12.52, for a total transaction of $46,324.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO John P. Bailey sold 49,505 shares of the firm’s stock in a transaction on Monday, November 26th. The shares were sold at an average price of $12.34, for a total transaction of $610,891.70. The disclosure for this sale can be found here. In the last quarter, insiders sold 751,540 shares of company stock valued at $9,420,414. Insiders own 16.50% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in ELF. Nisa Investment Advisors LLC bought a new position in shares of e.l.f. Beauty during the 2nd quarter valued at $207,000. Massachusetts Financial Services Co. MA raised its holdings in shares of e.l.f. Beauty by 19.1% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 870,793 shares of the company’s stock valued at $13,271,000 after purchasing an additional 139,610 shares in the last quarter. Engineers Gate Manager LP raised its holdings in shares of e.l.f. Beauty by 74.8% during the 2nd quarter. Engineers Gate Manager LP now owns 69,189 shares of the company’s stock valued at $1,054,000 after purchasing an additional 29,607 shares in the last quarter. Aspiriant LLC bought a new position in shares of e.l.f. Beauty during the 2nd quarter valued at $762,000. Finally, SG Americas Securities LLC bought a new position in shares of e.l.f. Beauty during the 2nd quarter valued at $185,000. Institutional investors and hedge funds own 84.71% of the company’s stock.

e.l.f. Beauty Company Profile

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

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