e.l.f. Beauty (NYSE:ELF) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of e.l.f. Beauty (NYSE:ELF) from a sell rating to a hold rating in a research report sent to investors on Saturday.

Several other equities research analysts have also commented on the company. Bank of America upped their price target on e.l.f. Beauty from $135.00 to $160.00 and gave the stock a “buy” rating in a research note on Wednesday, September 17th. Robert W. Baird dropped their target price on shares of e.l.f. Beauty from $145.00 to $125.00 and set an “outperform” rating for the company in a research report on Thursday, November 6th. Raymond James Financial raised 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 report on Monday, October 20th. The Goldman Sachs Group decreased their price objective on shares of e.l.f. Beauty from $155.00 to $135.00 and set a “buy” rating for the company in a research note on Friday, November 7th. Finally, Canaccord Genuity Group dropped their price objective on shares of e.l.f. Beauty from $165.00 to $136.00 and set a “buy” rating for the company in a research report on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $126.80.

e.l.f. Beauty Stock Performance

NYSE:ELF opened at $77.30 on Friday. The company has a market cap of $4.61 billion, a P/E ratio of 54.44, a P/E/G ratio of 7.03 and a beta of 1.75. The firm’s 50 day moving average is $105.04 and its two-hundred day moving average is $115.52. e.l.f. Beauty has a fifty-two week low of $49.40 and a fifty-two 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.

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

Insider Activity at e.l.f. Beauty

In related news, insider Scott Milsten sold 15,000 shares of e.l.f. Beauty stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $150.23, for a total transaction of $2,253,450.00. Following the sale, the insider owned 97,406 shares of the company’s stock, valued at $14,633,303.38. The trade was a 13.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Kory Marchisotto sold 10,812 shares of the business’s stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $150.00, for a total transaction of $1,621,800.00. Following the completion of the transaction, the insider owned 133,976 shares in the company, valued at $20,096,400. This represents a 7.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 240,738 shares of company stock valued at $32,854,335. 3.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of ELF. EverSource Wealth Advisors LLC grew its stake in e.l.f. Beauty by 97.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock valued at $32,000 after purchasing an additional 128 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of e.l.f. Beauty by 58.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock valued at $39,000 after buying an additional 117 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of e.l.f. Beauty by 577.7% during the 1st quarter. Smartleaf Asset Management LLC now owns 759 shares of the company’s stock valued at $49,000 after buying an additional 647 shares during the last quarter. MAI Capital Management grew its position in shares of e.l.f. Beauty by 129.1% during the second quarter. MAI Capital Management now owns 394 shares of the company’s stock worth $49,000 after buying an additional 222 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC bought a new stake in shares of e.l.f. Beauty in the second quarter worth $49,000. Institutional investors and hedge funds own 92.44% of the company’s stock.

About e.l.f. Beauty

e.l.f. Beauty, Inc is a holding company, which engages in the provision of inclusive, accessible, clean, vegan and cruelty free cosmetics and skin care products. The company focuses on the e-commerce, national retailers and international business channels. Its brands include elf, elf skin, WELL People and KEYS soulcare.