e.l.f. Beauty (NYSE:ELF) Given Average Rating of “Moderate Buy” by Analysts

e.l.f. Beauty (NYSE:ELF) has earned a consensus recommendation of “Moderate Buy” from the seventeen brokerages that are covering the company, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $122.0667.

Several equities research analysts recently commented on ELF shares. TD Cowen dropped their price objective on e.l.f. Beauty from $110.00 to $100.00 and set a “buy” rating on the stock in a research report on Monday, February 9th. Jefferies Financial Group initiated coverage on shares of e.l.f. Beauty in a research note on Wednesday, January 14th. They set a “buy” rating and a $110.00 target price on the stock. Piper Sandler dropped their price target 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. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $92.00 price target on shares of e.l.f. Beauty in a research note on Thursday, January 29th. Finally, Robert W. Baird set a $115.00 price objective on shares of e.l.f. Beauty in a report on Thursday, February 5th.

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

Hedge funds have recently added to or reduced their stakes in the stock. Granite Investment Partners LLC bought a new position in e.l.f. Beauty in the 2nd quarter worth $20,778,000. Tran Capital Management L.P. bought a new stake in e.l.f. Beauty during the third quarter valued at about $7,436,000. Mackenzie Financial Corp grew its holdings in e.l.f. Beauty by 11.0% during the second quarter. Mackenzie Financial Corp now owns 957,941 shares of the company’s stock valued at $119,206,000 after purchasing an additional 95,270 shares during the period. Vanguard Group Inc. increased its position in e.l.f. Beauty by 0.3% in the third quarter. Vanguard Group Inc. now owns 5,347,046 shares of the company’s stock worth $708,377,000 after buying an additional 14,651 shares in the last quarter. Finally, Summit Creek Advisors LLC raised its stake in shares of e.l.f. Beauty by 14.6% in the third quarter. Summit Creek Advisors LLC now owns 101,453 shares of the company’s stock worth $13,440,000 after buying an additional 12,936 shares during the period. 92.44% of the stock is currently owned by hedge funds and other institutional investors.

e.l.f. Beauty Price Performance

Shares of NYSE ELF opened at $73.38 on Friday. The firm has a market cap of $4.33 billion, a P/E ratio of 41.46, a PEG ratio of 5.90 and a beta of 1.68. e.l.f. Beauty has a twelve month low of $49.40 and a twelve month high of $150.99. 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 company has a 50 day moving average of $84.02 and a 200 day moving average of $98.02.

e.l.f. Beauty (NYSE:ELF) last issued 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. e.l.f. Beauty had a return on equity of 15.08% and a net margin of 6.84%.The business had revenue of $489.51 million for the quarter, compared to the consensus estimate of $461.78 million. During the same period last year, the business posted $0.74 EPS. The company’s revenue was up 37.8% compared to the same quarter last year. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. As a group, research analysts expect that e.l.f. Beauty will post 2.38 EPS for the current fiscal year.

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.