e.l.f. Beauty (NYSE:ELF) Upgraded to “Hold” 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 report published on Monday.

Several other research analysts have also recently commented on ELF. Piper Sandler cut shares of e.l.f. Beauty from an “overweight” rating to a “neutral” rating and lowered their price target for the stock from $150.00 to $100.00 in a report on Thursday, November 6th. Bank of America raised their price target on e.l.f. Beauty from $135.00 to $160.00 and gave the company a “buy” rating in a research note on Wednesday, September 17th. Jefferies Financial Group decreased their price target on e.l.f. Beauty from $150.00 to $120.00 and set a “buy” rating for the company in a report on Thursday, November 6th. Canaccord Genuity Group dropped their price objective on e.l.f. Beauty from $165.00 to $136.00 and set a “buy” rating on the stock in a report on Thursday, November 6th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of e.l.f. Beauty in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $123.53.

e.l.f. Beauty Stock Down 1.8%

e.l.f. Beauty stock opened at $79.02 on Monday. The firm has a market capitalization of $4.71 billion, a P/E ratio of 55.65, a P/E/G ratio of 8.30 and a beta of 1.75. The company has a current ratio of 2.70, a quick ratio of 1.76 and a debt-to-equity ratio of 0.73. e.l.f. Beauty has a twelve month low of $49.40 and a twelve month high of $150.99. The stock’s fifty day simple moving average is $93.31 and its 200-day simple moving average is $113.74.

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

Insider Buying and Selling at e.l.f. Beauty

In other news, CEO Tarang Amin sold 116,315 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $132.24, for a total transaction of $15,381,495.60. Following the transaction, the chief executive officer directly owned 81,818 shares in the company, valued at approximately $10,819,612.32. This trade represents a 58.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 3.90% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of e.l.f. Beauty by 29.3% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 384 shares of the company’s stock worth $52,000 after buying an additional 87 shares during the last quarter. Louisiana State Employees Retirement System lifted its position in e.l.f. Beauty by 0.6% during the 2nd quarter. Louisiana State Employees Retirement System now owns 15,900 shares of the company’s stock worth $1,979,000 after acquiring an additional 100 shares during the period. Securian Asset Management Inc. grew its stake in shares of e.l.f. Beauty by 2.4% in the 2nd quarter. Securian Asset Management Inc. now owns 4,327 shares of the company’s stock valued at $538,000 after purchasing an additional 100 shares during the last quarter. State of Michigan Retirement System increased its holdings in shares of e.l.f. Beauty by 0.7% in the second quarter. State of Michigan Retirement System now owns 13,600 shares of the company’s stock valued at $1,692,000 after purchasing an additional 100 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al raised its stake in shares of e.l.f. Beauty by 1.9% during the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 5,426 shares of the company’s stock worth $719,000 after purchasing an additional 100 shares during the last quarter. 92.44% of the stock is owned by hedge funds and other institutional investors.

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.