e.l.f. Beauty (NYSE:ELF – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the eighteen analysts that are presently covering the firm, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation, eleven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $111.00.
Several brokerages have commented on ELF. Weiss Ratings reaffirmed a “hold (c)” rating on shares of e.l.f. Beauty in a research report on Wednesday, January 21st. Jefferies Financial Group began coverage on e.l.f. Beauty in a research report on Wednesday, January 14th. They issued a “buy” rating and a $110.00 price target on the stock. JPMorgan Chase & Co. lifted their price target on e.l.f. Beauty from $103.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Zacks Research upgraded e.l.f. Beauty from a “strong sell” rating to a “hold” rating in a research report on Monday, January 5th. Finally, Robert W. Baird set a $115.00 price objective on e.l.f. Beauty in a research report on Thursday, February 5th.
e.l.f. Beauty Stock Up 0.8%
e.l.f. Beauty (NYSE:ELF – Get Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $1.24 earnings per share (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 during the quarter, compared to analyst estimates of $461.78 million. During the same period in the previous year, the company earned $0.74 EPS. The firm’s revenue was up 37.8% on a year-over-year basis. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. On average, equities research analysts expect that e.l.f. Beauty will post 2.38 earnings per share for the current fiscal year.
Insider Activity
In other news, CEO Tarang Amin sold 52,880 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $62.64, for a total transaction of $3,312,403.20. Following the sale, the chief executive officer directly owned 98,416 shares in the company, valued at approximately $6,164,778.24. The trade was a 34.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.90% of the company’s stock.
Institutional Trading of e.l.f. Beauty
Institutional investors and hedge funds have recently modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of e.l.f. Beauty during the fourth quarter valued at approximately $26,000. Hilton Head Capital Partners LLC bought a new stake in shares of e.l.f. Beauty during the fourth quarter valued at approximately $32,000. EverSource Wealth Advisors LLC increased its position in shares of e.l.f. Beauty by 97.0% during the second quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock valued at $32,000 after purchasing an additional 128 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of e.l.f. Beauty by 58.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock valued at $39,000 after purchasing an additional 117 shares during the period. Finally, Arax Advisory Partners bought a new stake in shares of e.l.f. Beauty during the fourth quarter valued at approximately $41,000. 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.
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