e.l.f. Beauty (NYSE:ELF) Rating Lowered to Sell at Wall Street Zen

e.l.f. Beauty (NYSE:ELF) was downgraded by investment analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Thursday.

Other research analysts have also issued research reports about the company. Canaccord Genuity Group reduced their price target on shares of e.l.f. Beauty from $165.00 to $136.00 and set a “buy” rating on the stock in a research report on Thursday, November 6th. Raymond James Financial raised their target price on shares of e.l.f. Beauty from $155.00 to $165.00 and gave the stock a “strong-buy” rating in a report on Monday, October 20th. UBS Group lowered their target price on e.l.f. Beauty from $105.00 to $98.00 and set a “neutral” rating for the company in a report on Wednesday. Weiss Ratings reissued a “hold (c)” rating on shares of e.l.f. Beauty in a report on Wednesday, October 8th. Finally, Piper Sandler dropped their price objective on shares of e.l.f. Beauty from $100.00 to $85.00 and set a “neutral” rating on the stock in a report on Monday, December 22nd. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, e.l.f. Beauty presently has an average rating of “Moderate Buy” and an average target price of $122.40.

e.l.f. Beauty Stock Performance

NYSE:ELF opened at $86.19 on Thursday. e.l.f. Beauty has a 1-year low of $49.40 and a 1-year high of $150.99. The firm has a 50 day simple moving average of $77.78 and a 200-day simple moving average of $108.79. The firm has a market cap of $5.14 billion, a PE ratio of 60.70, a P/E/G ratio of 8.32 and a beta of 1.73. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.70 and a quick ratio of 1.76.

e.l.f. Beauty (NYSE:ELF) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.11. The business had revenue of $343.94 million during the quarter, compared to the consensus estimate of $367.89 million. e.l.f. Beauty had a return on equity of 13.77% and a net margin of 5.90%.The business’s revenue for the quarter was up 14.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.77 EPS. e.l.f. Beauty has set its FY 2026 guidance at 2.800-2.850 EPS. On average, equities analysts expect that e.l.f. Beauty will post 2.38 EPS for the current year.

Institutional Investors Weigh In On e.l.f. Beauty

Several hedge funds have recently bought and sold shares of the business. Royal Bank of Canada boosted its position in e.l.f. Beauty by 9.9% during the first quarter. Royal Bank of Canada now owns 153,682 shares of the company’s stock worth $9,650,000 after purchasing an additional 13,851 shares during the period. Integrated Wealth Concepts LLC lifted its stake in shares of e.l.f. Beauty by 168.6% in the first quarter. Integrated Wealth Concepts LLC now owns 6,483 shares of the company’s stock worth $407,000 after buying an additional 4,069 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of e.l.f. Beauty by 176.4% during the 1st quarter. NewEdge Advisors LLC now owns 4,677 shares of the company’s stock worth $294,000 after buying an additional 2,985 shares during the period. United Services Automobile Association bought a new stake in shares of e.l.f. Beauty during the 1st quarter worth $240,000. Finally, Parallel Advisors LLC grew its stake in e.l.f. Beauty by 167.9% in the 2nd quarter. Parallel Advisors LLC now owns 627 shares of the company’s stock valued at $78,000 after buying an additional 393 shares during the last quarter. 92.44% of the stock is owned by hedge funds and other institutional investors.

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.