e.l.f. Beauty (NYSE:ELF) Stock Rating Upgraded by Wall Street Zen

e.l.f. Beauty (NYSE:ELF) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Monday.

Several other equities analysts have also recently commented on the stock. Piper Sandler cut shares of e.l.f. Beauty from an “overweight” rating to a “neutral” rating and reduced their price target for the stock from $150.00 to $100.00 in a research report on Thursday, November 6th. Bank of America upped 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. The Goldman Sachs Group reduced their target price on 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. B. Riley boosted their price target on e.l.f. Beauty from $150.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. Finally, UBS Group dropped their price target on 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. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, e.l.f. Beauty currently has an average rating of “Moderate Buy” and a consensus target price of $124.53.

e.l.f. Beauty Stock Performance

e.l.f. Beauty stock opened at $80.39 on Monday. The company has a market cap of $4.79 billion, a price-to-earnings ratio of 56.61, a price-to-earnings-growth ratio of 8.30 and a beta of 1.75. e.l.f. Beauty has a 12 month low of $49.40 and a 12 month high of $150.99. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.70 and a quick ratio of 1.76. The stock’s 50-day moving average is $94.39 and its 200-day moving average is $114.00.

e.l.f. Beauty (NYSE:ELF) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.68 earnings per share for the quarter, beating 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 net margin of 5.90% and a return on equity of 13.77%. e.l.f. Beauty’s revenue was up 14.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.77 earnings per share. e.l.f. Beauty has set its FY 2026 guidance at 2.800-2.850 EPS. Equities analysts anticipate that e.l.f. Beauty will post 2.38 earnings per share for the current year.

Insider Activity

In other e.l.f. Beauty news, CEO Tarang Amin sold 116,315 shares of the stock in a transaction on 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 completion of the transaction, the chief executive officer directly owned 81,818 shares of the company’s stock, valued at approximately $10,819,612.32. This trade represents a 58.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 3.90% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Marshall Wace LLP acquired a new stake in shares of e.l.f. Beauty in the 2nd quarter valued at $118,058,000. Atreides Management LP acquired a new position in e.l.f. Beauty during the second quarter worth $61,479,000. Champlain Investment Partners LLC raised its holdings in e.l.f. Beauty by 19.7% during the first quarter. Champlain Investment Partners LLC now owns 2,665,026 shares of the company’s stock valued at $167,337,000 after buying 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 second quarter worth about $52,316,000. Finally, Woodline Partners LP acquired a new stake in shares of e.l.f. Beauty in the third quarter worth about $52,613,000. Institutional investors own 92.44% of the company’s stock.

About e.l.f. Beauty

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.