e.l.f. Beauty (NYSE:ELF) Updates FY 2027 Earnings Guidance

e.l.f. Beauty (NYSE:ELF) updated its FY 2027 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 3.500-3.550 for the period, compared to the consensus EPS estimate of 3.120. The company issued revenue guidance of $1.9 billion-$2.0 billion, compared to the consensus revenue estimate of $1.9 billion.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. JPMorgan Chase & Co. lifted their target price on e.l.f. Beauty from $94.00 to $111.00 and gave the stock an “overweight” rating in a report on Thursday. Piper Sandler increased their target price on shares of e.l.f. Beauty from $50.00 to $65.00 and gave the company a “neutral” rating in a research note on Thursday. Jefferies Financial Group upped their price target on shares of e.l.f. Beauty from $72.00 to $100.00 and gave the company a “buy” rating in a report on Tuesday, July 28th. TD Cowen restated a “buy” rating and set a $85.00 price objective (up from $65.00) on shares of e.l.f. Beauty in a report on Tuesday, July 21st. Finally, UBS Group lifted their target price on e.l.f. Beauty from $80.00 to $89.00 and gave the company a “neutral” rating in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $89.25.

e.l.f. Beauty Price Performance

NYSE:ELF traded up $6.16 during trading hours on Friday, reaching $98.47. 2,564,552 shares of the company were exchanged, compared to its average volume of 2,864,856. The stock’s 50-day moving average is $70.51 and its 200-day moving average is $71.55. e.l.f. Beauty has a twelve month low of $48.82 and a twelve month high of $150.99. The firm has a market cap of $5.80 billion, a PE ratio of 98.71, a price-to-earnings-growth ratio of 3.36 and a beta of 1.58. The company has a current ratio of 2.35, a quick ratio of 1.69 and a debt-to-equity ratio of 0.72.

e.l.f. Beauty (NYSE:ELF) last released its earnings results on Wednesday, August 5th. The company reported $1.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.71 by $1.04. e.l.f. Beauty had a net margin of 3.38% and a return on equity of 14.15%. The business had revenue of $479.37 million for the quarter, compared to analyst estimates of $431.20 million. During the same period last year, the company posted $0.89 EPS. The business’s revenue was up 35.5% on a year-over-year basis. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. On average, sell-side analysts anticipate that e.l.f. Beauty will post 2.42 earnings per share for the current fiscal year.

Insider Activity at e.l.f. Beauty

In other news, insider Jennifer Catherine Hartnett sold 25,357 shares of the firm’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $80.00, for a total transaction of $2,028,560.00. Following the completion of the transaction, the insider directly owned 28,699 shares in the company, valued at $2,295,920. This trade represents a 46.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Kory Marchisotto sold 12,173 shares of the stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $88.02, for a total value of $1,071,467.46. Following the transaction, the insider directly owned 169,695 shares in the company, valued at approximately $14,936,553.90. The trade was a 6.69% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 134,028 shares of company stock valued at $9,422,961 over the last ninety days. 3.50% of the stock is owned by insiders.

Trending Headlines about e.l.f. Beauty

Here are the key news stories impacting e.l.f. Beauty this week:

• Positive Sentiment: Major earnings and revenue beat: e.l.f. Beauty reported adjusted EPS of $1.75 versus the $0.71 consensus estimate, while revenue rose 35.5% year over year to $479.4 million, exceeding expectations of approximately $431 million. e.l.f. Beauty earnings beat
• Positive Sentiment: Fiscal 2027 outlook raised: Management now expects net sales growth of 18%–20%, compared with its previous 12%–14% forecast. Revenue is projected at roughly $1.9 billion–$2.0 billion, with EPS guidance of $3.50–$3.55, above the prior analyst consensus of $3.12. e.l.f. Beauty raises sales outlook
• Positive Sentiment: Rhode and international expansion are driving growth: Rhode generated approximately $160 million in quarterly sales, while international revenue increased 61%. Management plans to reinvest about $50 million in tariff refunds into global expansion and brand development. e.l.f. Beauty Rhode growth
• Positive Sentiment: Analyst support strengthened: JPMorgan raised its price target from $94 to $111 and maintained an overweight rating. B. Riley increased its target from $70 to $100 and assigned a buy rating, citing the improved growth outlook. e.l.f. Beauty analyst price target changes
• Neutral Sentiment: Tariff refunds boosted results: Approximately $50 million of tariff refunds helped lift gross margin and nearly double net income. Investors may view this as a one-time benefit, although management’s reinvestment plans could support future growth. e.l.f. Beauty tariff refunds
• Negative Sentiment: Valuation and execution risks remain: UBS raised its target to $89 but retained a neutral rating. Investors continue to monitor the legacy e.l.f. brand’s underlying demand, acquisition-related debt and insider selling, including a recent sale of 12,173 shares by Kory Marchisotto.

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

Large investors have recently made changes to their positions in the stock. Price T Rowe Associates Inc. MD grew its holdings in shares of e.l.f. Beauty by 47.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,197,319 shares of the company’s stock worth $167,086,000 after acquiring an additional 711,540 shares during the period. State Street Corp increased its position in e.l.f. Beauty by 0.8% during the fourth quarter. State Street Corp now owns 1,737,181 shares of the company’s stock worth $132,095,000 after purchasing an additional 13,231 shares during the last quarter. Ensign Peak Advisors Inc grew its stake in e.l.f. Beauty by 37.7% during the fourth quarter. Ensign Peak Advisors Inc now owns 1,319,523 shares of the company’s stock worth $100,337,000 after buying an additional 361,371 shares during the period. Morgan Stanley boosted its position in shares of e.l.f. Beauty by 13.2% in the fourth quarter. Morgan Stanley now owns 1,184,786 shares of the company’s stock worth $90,091,000 after buying an additional 138,415 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in shares of e.l.f. Beauty by 17.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 620,252 shares of the company’s stock worth $47,165,000 after acquiring an additional 94,026 shares in the last quarter. Hedge funds and other institutional investors own 92.44% of the company’s stock.

e.l.f. Beauty Company Profile

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.