e.l.f. Beauty (NYSE:ELF) Earns Buy Rating from Analysts at Jefferies Financial Group

Jefferies Financial Group assumed coverage on shares of e.l.f. Beauty (NYSE:ELF) in a research report sent to investors on Wednesday morning, MarketBeat.com reports. The firm issued a buy rating and a $110.00 target price on the stock.

Several other research firms also recently commented on ELF. Robert W. Baird cut their price objective on shares of e.l.f. Beauty from $145.00 to $125.00 and set an “outperform” rating for the company in a report on Thursday, November 6th. Raymond James Financial boosted their target price on shares of e.l.f. Beauty from $155.00 to $165.00 and gave the company a “strong-buy” rating in a report on Monday, October 20th. UBS Group cut their price target on e.l.f. Beauty from $105.00 to $98.00 and set a “neutral” rating for the company in a report on Wednesday. Bank of America lifted their price target on e.l.f. Beauty from $135.00 to $160.00 and gave the company a “buy” rating in a research report on Wednesday, September 17th. Finally, Canaccord Genuity Group decreased their price objective on e.l.f. Beauty from $165.00 to $136.00 and set a “buy” rating on the stock in a research note on Thursday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $122.40.

e.l.f. Beauty Stock Up 1.1%

ELF stock opened at $90.18 on Wednesday. The stock has a fifty day moving average of $78.36 and a 200-day moving average of $108.42. e.l.f. Beauty has a fifty-two week low of $49.40 and a fifty-two week high of $150.99. The company has a market capitalization of $5.38 billion, a price-to-earnings ratio of 63.51, a PEG ratio of 8.48 and a beta of 1.73. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.76 and a current ratio of 2.70.

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

Hedge Funds Weigh In On e.l.f. Beauty

Hedge funds and other institutional investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC lifted its holdings in shares of e.l.f. Beauty by 97.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock worth $32,000 after acquiring an additional 128 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in e.l.f. Beauty by 58.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock worth $39,000 after buying an additional 117 shares during the period. MAI Capital Management boosted its holdings in e.l.f. Beauty by 129.1% in the second quarter. MAI Capital Management now owns 394 shares of the company’s stock valued at $49,000 after acquiring an additional 222 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new position in shares of e.l.f. Beauty during the second quarter valued at about $49,000. Finally, Whittier Trust Co. of Nevada Inc. grew its holdings in shares of e.l.f. Beauty by 29.3% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 384 shares of the company’s stock worth $52,000 after acquiring an additional 87 shares during the period. 92.44% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting e.l.f. Beauty

Here are the key news stories impacting e.l.f. Beauty this week:

• Positive Sentiment: Jefferies initiated coverage with a Buy rating and $110 price target (about a ~22% upside vs. the current price), giving the stock direct analyst momentum and a clear bullish catalyst. Jefferies Coverage
• Positive Sentiment: Two recent bullish features (Yahoo Finance / InsiderMonkey) highlight e.l.f.’s brand strength, cost-efficient mass-market positioning and favorable analyst notes (including JPMorgan’s reaffirmation), supporting a constructive medium-term growth story. What Makes e.l.f. Attractive InsiderMonkey Article
• Positive Sentiment: High-visibility commentary from Jim Cramer suggested material upside if a Supreme Court tariff decision swings in e.l.f.’s favor, a scenario investors may price in given potential margin/SG&A implications. Jim Cramer on e.l.f.
• Neutral Sentiment: UBS reiterated a Hold rating, which suggests limited near-term upside from that shop and may cap enthusiastic buying until clearer fundamental or macro improvements arrive. UBS Hold
• Neutral Sentiment: Coverage pieces comparing e.l.f. to peers (Zacks piece on EWCZ vs ELF) and product-focused lifestyle articles (MSN on an affordable product similar to a premium rival) provide context for retail demand but are unlikely to shift fundamentals alone. Zacks Comparison Product Feature
• Negative Sentiment: A Seeking Alpha piece warns that e.l.f. faces “great headwinds” and frames current action as a speculative swing trade ahead of a potential breakout — that critique can pressure sentiment and trigger short-term selling from risk-averse investors. Seeking Alpha Headwinds

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.