e.l.f. Beauty (NYSE:ELF) Price Target Lowered to $100.00 at TD Cowen

e.l.f. Beauty (NYSE:ELF) had its price objective reduced by TD Cowen from $110.00 to $100.00 in a research report sent to investors on Monday,Benzinga reports. They currently have a buy rating on the stock.

A number of other research firms also recently weighed in on ELF. JPMorgan Chase & Co. lifted their target price on e.l.f. Beauty from $103.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, February 5th. Zacks Research raised shares of e.l.f. Beauty from a “strong sell” rating to a “hold” rating in a research report on Monday, January 5th. UBS Group boosted their price objective on shares of e.l.f. Beauty from $98.00 to $102.00 and gave the company a “neutral” rating in a report on Thursday. Piper Sandler decreased their target price on shares of e.l.f. Beauty from $100.00 to $85.00 and set a “neutral” rating on the stock in a research report on Monday, December 22nd. Finally, Wall Street Zen upgraded shares of e.l.f. Beauty from a “sell” rating to a “hold” rating in a research report on Saturday, January 24th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $119.13.

e.l.f. Beauty Stock Down 9.3%

e.l.f. Beauty stock opened at $74.48 on Monday. The company’s 50-day moving average price is $82.25 and its two-hundred day moving average price is $104.75. The company has a quick ratio of 1.89, a current ratio of 2.76 and a debt-to-equity ratio of 0.70. The stock has a market cap of $4.40 billion, a P/E ratio of 42.08, a P/E/G ratio of 7.21 and a beta of 1.71. e.l.f. Beauty has a twelve month low of $49.40 and a twelve month high of $150.99.

e.l.f. Beauty (NYSE:ELF) last posted its earnings results on Wednesday, February 4th. The company reported $1.24 EPS for the quarter, beating the consensus estimate of $0.72 by $0.52. The company had revenue of $489.51 million for the quarter, compared to the consensus estimate of $461.78 million. e.l.f. Beauty had a return on equity of 15.08% and a net margin of 6.84%.The firm’s revenue for the quarter was up 37.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.74 earnings per share. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. As a group, 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

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of e.l.f. Beauty in the 4th quarter valued at $26,000. EverSource Wealth Advisors LLC boosted its stake in e.l.f. Beauty by 97.0% in the second quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock valued at $32,000 after buying an additional 128 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in e.l.f. Beauty by 58.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock valued at $39,000 after buying an additional 117 shares in the last quarter. MAI Capital Management grew its position 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 during the last quarter. Finally, Elevation Point Wealth Partners LLC acquired a new position in e.l.f. Beauty during the second quarter worth about $49,000. 92.44% of the stock is currently owned by institutional investors.

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.