e.l.f. Beauty (NYSE:ELF) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of e.l.f. Beauty (NYSE:ELF) have been assigned an average rating of “Moderate Buy” from the eighteen brokerages that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, six have given a hold recommendation, ten have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $123.5333.

Several analysts recently issued reports on the company. B. Riley raised their target price on e.l.f. Beauty from $150.00 to $160.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Zacks Research cut e.l.f. Beauty from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 11th. Piper Sandler reduced their target price on e.l.f. Beauty from $100.00 to $85.00 and set a “neutral” rating on the stock in a research note on Monday, December 22nd. Wall Street Zen downgraded e.l.f. Beauty from a “hold” rating to a “sell” rating in a report on Tuesday, December 30th. Finally, Jefferies Financial Group cut their price target on shares of e.l.f. Beauty from $150.00 to $120.00 and set a “buy” rating on the stock in a report on Thursday, November 6th.

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

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Marshall Wace LLP purchased a new position in shares of e.l.f. Beauty in the 2nd quarter worth about $118,058,000. Atreides Management LP bought a new stake in e.l.f. Beauty during the 2nd quarter valued at about $61,479,000. Man Group plc purchased a new position in e.l.f. Beauty in the second quarter worth about $52,316,000. Woodline Partners LP bought a new position in shares of e.l.f. Beauty in the third quarter worth approximately $52,613,000. Finally, Swedbank AB grew its holdings in shares of e.l.f. Beauty by 42.6% during the first quarter. Swedbank AB now owns 1,157,760 shares of the company’s stock valued at $72,696,000 after buying an additional 345,760 shares during the last quarter. Hedge funds and other institutional investors own 92.44% of the company’s stock.

e.l.f. Beauty Stock Up 2.5%

Shares of NYSE ELF opened at $77.92 on Friday. The firm’s fifty day moving average is $84.10 and its 200 day moving average is $111.00. e.l.f. Beauty has a 52 week low of $49.40 and a 52 week high of $150.99. The company has a quick ratio of 1.76, a current ratio of 2.70 and a debt-to-equity ratio of 0.73. The company has a market cap of $4.65 billion, a price-to-earnings ratio of 54.87, a PEG ratio of 7.59 and a beta of 1.73.

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