e.l.f. Beauty (NYSE:ELF) Rating Lowered to Sell at Wall Street Zen

e.l.f. Beauty (NYSE:ELF) was downgraded by equities researchers at Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Thursday.

A number of other research firms have also recently issued reports on ELF. Jefferies Financial Group began coverage on e.l.f. Beauty in a research note on Wednesday. They issued a “buy” rating and a $110.00 target price for the company. UBS Group lowered their target price on e.l.f. Beauty from $105.00 to $98.00 and set a “neutral” rating on the stock in a research report on Wednesday. Raymond James Financial increased their price target on shares of e.l.f. Beauty from $155.00 to $165.00 and gave the company a “strong-buy” rating in a research note on Monday, October 20th. Cowen reaffirmed a “buy” rating on shares of e.l.f. Beauty in a report on Wednesday, November 12th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of e.l.f. Beauty in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $122.40.

e.l.f. Beauty Stock Down 1.6%

Shares of NYSE:ELF opened at $86.19 on Thursday. The company has a 50 day moving average of $77.78 and a 200-day moving average of $108.79. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.70 and a quick ratio of 1.76. e.l.f. Beauty has a one year low of $49.40 and a one year high of $150.99. The stock has a market cap of $5.14 billion, a price-to-earnings ratio of 60.70, a P/E/G ratio of 8.32 and a beta of 1.73.

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

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Royal Bank of Canada raised its position in e.l.f. Beauty by 9.9% in the first quarter. Royal Bank of Canada now owns 153,682 shares of the company’s stock valued at $9,650,000 after purchasing an additional 13,851 shares during the last quarter. Integrated Wealth Concepts LLC increased its position in shares of e.l.f. Beauty by 168.6% during the first quarter. Integrated Wealth Concepts LLC now owns 6,483 shares of the company’s stock worth $407,000 after buying an additional 4,069 shares during the period. NewEdge Advisors LLC raised its position in shares of e.l.f. Beauty by 176.4% in the 1st quarter. NewEdge Advisors LLC now owns 4,677 shares of the company’s stock worth $294,000 after acquiring an additional 2,985 shares in the last quarter. United Services Automobile Association acquired a new position in e.l.f. Beauty in the first quarter valued at approximately $240,000. Finally, Parallel Advisors LLC lifted its position in shares of e.l.f. Beauty by 167.9% during the 2nd quarter. Parallel Advisors LLC now owns 627 shares of the company’s stock valued at $78,000 after acquiring an additional 393 shares during the period. 92.44% of the stock is currently owned by institutional investors and hedge funds.

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.