e.l.f. Beauty (ELF) Issues FY18 Earnings Guidance

e.l.f. Beauty (NYSE:ELF) updated its FY18 earnings guidance on Wednesday. The company provided EPS guidance of $0.56-0.61 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.60.

A number of equities analysts recently commented on the company. Zacks Investment Research downgraded e.l.f. Beauty from a hold rating to a sell rating in a research report on Monday, May 14th. TheStreet cut e.l.f. Beauty from a c- rating to a d+ rating in a research note on Monday, July 16th. Oppenheimer reissued a market perform rating on shares of e.l.f. Beauty in a research note on Thursday, July 26th. Finally, ValuEngine cut e.l.f. Beauty from a hold rating to a sell rating in a research note on Thursday, May 3rd. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of Hold and an average price target of $22.18.

ELF stock traded up $0.46 during midday trading on Wednesday, hitting $14.91. 770,590 shares of the company’s stock were exchanged, compared to its average volume of 469,668. The company has a quick ratio of 1.41, a current ratio of 3.20 and a debt-to-equity ratio of 0.73. The stock has a market cap of $683.12 million, a price-to-earnings ratio of 30.92, a price-to-earnings-growth ratio of 2.27 and a beta of 1.16. e.l.f. Beauty has a 1-year low of $13.36 and a 1-year high of $26.00.

e.l.f. Beauty (NYSE:ELF) last posted its earnings results on Wednesday, May 9th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.07. The company had revenue of $65.92 million during the quarter, compared to analysts’ expectations of $63.54 million. e.l.f. Beauty had a return on equity of 12.85% and a net margin of 11.63%. The firm’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.11 earnings per share. sell-side analysts anticipate that e.l.f. Beauty will post 0.4 EPS for the current year.

In other news, insider John P. Bailey sold 43,300 shares of e.l.f. Beauty stock in a transaction on Thursday, July 5th. The stock was sold at an average price of $16.26, for a total value of $704,058.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Sabrina Simmons sold 4,000 shares of e.l.f. Beauty stock in a transaction on Wednesday, May 23rd. The shares were sold at an average price of $19.90, for a total value of $79,600.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 51,300 shares of company stock valued at $858,418. 15.50% of the stock is owned by insiders.

About e.l.f. Beauty

e.l.f. Beauty, Inc operates as a beauty company. The company offers cosmetics, including face makeup, eye makeup, lip products, nail products, and cosmetics sets/kits; and skin care products under the e.l.f. brand name. It sells its products through direct-to-consumer channels, which include e-commerce and e.l.f.

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Earnings History and Estimates for e.l.f. Beauty (NYSE:ELF)

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