B. Riley Predicts e.l.f. Beauty’s FY2027 Earnings (NYSE:ELF)

e.l.f. Beauty, Inc. (NYSE:ELF) – Research analysts at B. Riley issued their FY2027 earnings estimates for e.l.f. Beauty in a note issued to investors on Thursday, May 29th. B. Riley analyst A. Glaessgen forecasts that the company will post earnings of $2.86 per share for the year. B. Riley currently has a “Buy” rating and a $90.00 price objective on the stock. The consensus estimate for e.l.f. Beauty’s current full-year earnings is $2.38 per share.

e.l.f. Beauty (NYSE:ELF) last issued its quarterly earnings results on Wednesday, May 28th. The company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.72 by $0.06. e.l.f. Beauty had a net margin of 7.55% and a return on equity of 16.88%. The company had revenue of $332.65 million during the quarter, compared to analysts’ expectations of $327.45 million. During the same quarter in the previous year, the company earned $0.53 EPS. e.l.f. Beauty’s revenue was up 3.6% on a year-over-year basis.

Several other brokerages have also recently commented on ELF. Stifel Nicolaus lowered their price target on shares of e.l.f. Beauty from $115.00 to $105.00 and set a “hold” rating for the company in a research report on Monday, February 3rd. Truist Financial lifted their price target on shares of e.l.f. Beauty from $75.00 to $125.00 and gave the stock a “buy” rating in a research report on Friday. Robert W. Baird lifted their price target on shares of e.l.f. Beauty from $85.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 14th. The Goldman Sachs Group decreased their price objective on shares of e.l.f. Beauty from $142.00 to $124.00 and set a “buy” rating for the company in a report on Friday, February 21st. Finally, Raymond James upped their target price on shares of e.l.f. Beauty from $95.00 to $105.00 and gave the company a “strong-buy” rating in a research note on Thursday. Five research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, e.l.f. Beauty presently has an average rating of “Moderate Buy” and a consensus target price of $117.76.

e.l.f. Beauty Stock Up 0.7%

Shares of NYSE:ELF opened at $112.61 on Monday. e.l.f. Beauty has a one year low of $49.40 and a one year high of $219.77. The company has a 50 day moving average of $67.23 and a 200-day moving average of $91.44. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.90 and a quick ratio of 1.17. The stock has a market cap of $6.35 billion, a price-to-earnings ratio of 66.63, a P/E/G ratio of 6.76 and a beta of 1.31.

Insider Activity

In other news, Director Maureen C. Watson sold 4,000 shares of the company’s stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $67.39, for a total value of $269,560.00. Following the completion of the transaction, the director now owns 1,888 shares in the company, valued at $127,232.32. This represents a 67.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jennifer Catherine Hartnett sold 18,383 shares of the company’s stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $109.99, for a total transaction of $2,021,946.17. Following the completion of the transaction, the insider now owns 54,163 shares of the company’s stock, valued at $5,957,388.37. This trade represents a 25.34% decrease in their position. The disclosure for this sale can be found here. Insiders sold 223,001 shares of company stock worth $12,996,483 over the last quarter. 3.50% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Baillie Gifford & Co. lifted its position in shares of e.l.f. Beauty by 51.0% in the fourth quarter. Baillie Gifford & Co. now owns 8,009,434 shares of the company’s stock worth $1,005,584,000 after purchasing an additional 2,703,742 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of e.l.f. Beauty by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 5,497,208 shares of the company’s stock worth $690,174,000 after purchasing an additional 68,103 shares in the last quarter. Champlain Investment Partners LLC lifted its position in shares of e.l.f. Beauty by 19.7% in the first 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. William Blair Investment Management LLC lifted its position in shares of e.l.f. Beauty by 40.9% in the fourth quarter. William Blair Investment Management LLC now owns 2,305,349 shares of the company’s stock worth $289,437,000 after purchasing an additional 669,321 shares in the last quarter. Finally, Clearbridge Investments LLC lifted its position in shares of e.l.f. Beauty by 17.5% in the fourth quarter. Clearbridge Investments LLC now owns 1,772,528 shares of the company’s stock worth $222,541,000 after purchasing an additional 264,296 shares in the last quarter. Institutional investors and hedge funds own 92.44% of the company’s stock.

About e.l.f. Beauty

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.