e.l.f. Beauty (NYSE:ELF) Price Target Raised to $110.00

e.l.f. Beauty (NYSE:ELF) had its target price increased by stock analysts at Piper Sandler from $100.00 to $110.00 in a research note issued on Thursday, Benzinga reports. The firm currently has a “neutral” rating on the stock. Piper Sandler‘s target price points to a potential downside of 1.38% from the company’s previous close.

ELF has been the topic of several other reports. B. Riley Financial restated a “buy” rating and issued a $115.00 target price (up from $100.00) on shares of e.l.f. Beauty in a research report on Wednesday, September 16th. The Goldman Sachs Group set a $100.00 price target on e.l.f. Beauty in a research report on Thursday, August 6th. Jefferies Financial Group increased their price target on e.l.f. Beauty from $100.00 to $132.00 and gave the stock a “buy” rating in a research note on Monday, October 19th. Robert W. Baird raised their price target on e.l.f. Beauty from $105.00 to $120.00 and gave the company an “outperform” rating in a report on Wednesday, October 7th. Finally, Zacks Research raised e.l.f. Beauty from a “hold” rating to a “strong-buy” rating in a report on Friday, October 9th. Three research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, e.l.f. Beauty presently has a consensus rating of “Moderate Buy” and a consensus price target of $115.81.

e.l.f. Beauty Stock Performance

ELF stock traded down $2.10 during midday trading on Thursday, reaching $111.53. The company had a trading volume of 1,605,133 shares, compared to its average volume of 2,458,278. The firm has a market capitalization of $6.58 billion, a PE ratio of 112.40, a P/E/G ratio of 2.93 and a beta of 1.61. The stock has a 50 day moving average price of $106.01 and a 200 day moving average price of $81.94. e.l.f. Beauty has a fifty-two week low of $48.82 and a fifty-two week high of $123.13. The company has a quick ratio of 1.82, a current ratio of 2.55 and a debt-to-equity ratio of 0.69.

e.l.f. Beauty (NYSE:ELF) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.61. The business had revenue of $520.82 million for the quarter, compared to the consensus estimate of $473.51 million. e.l.f. Beauty had a return on equity of 14.07% and a net margin of 3.38%. The business’s revenue was up 51.4% on a year-over-year basis. During the same quarter last year, the business posted $0.68 EPS. Analysts anticipate that e.l.f. Beauty will post 2.69 earnings per share for the current year.

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

In related news, CEO Tarang Amin sold 47,000 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $103.31, for a total value of $4,855,570.00. Following the sale, the chief executive officer directly owned 134,496 shares in the company, valued at $13,894,781.76. The trade was a 25.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Lauren Levitan sold 1,034 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $93.15, for a total transaction of $96,317.10. Following the completion of the sale, the director owned 10,516 shares in the company, valued at $979,565.40. The trade was a 8.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 91,821 shares of company stock valued at $9,624,513 in the last ninety days. 3.50% of the stock is owned by insiders.

Institutional Trading of e.l.f. Beauty

Large investors have recently added to or reduced their stakes in the business. Continuum Advisory LLC acquired a new stake in e.l.f. Beauty during the 2nd quarter valued at $31,000. SBI Securities Co. Ltd. boosted its position in shares of e.l.f. Beauty by 64.5% in the third quarter. SBI Securities Co. Ltd. now owns 334 shares of the company’s stock worth $34,000 after buying an additional 131 shares during the period. State of Wyoming acquired a new stake in shares of e.l.f. Beauty in the second quarter worth $40,000. EverSource Wealth Advisors LLC grew its holdings in shares of e.l.f. Beauty by 378.5% during the first quarter. EverSource Wealth Advisors LLC now owns 713 shares of the company’s stock valued at $43,000 after buying an additional 564 shares in the last quarter. Finally, Signaturefd LLC grew its stake in e.l.f. Beauty by 86.5% during the 3rd quarter. Signaturefd LLC now owns 513 shares of the company’s stock valued at $52,000 after acquiring an additional 238 shares in the last quarter. 92.44% of the stock is currently owned by institutional investors.

More e.l.f. Beauty News

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

• Positive Sentiment: e.l.f. reported revenue of $520.8 million, up 51.4% year over year and ahead of analyst expectations of about $473.5 million. Earnings of $1.21 per share also topped estimates near $0.60, providing a sizable surprise on both sales and profit. Article: E.l.f. Beauty posts 51% sales increase, raises full-year guidance
• Positive Sentiment: Management raised its full-year net-sales growth forecast to 22%–24%. The quarter also marked the company’s 31st consecutive quarter of sales growth, with management citing strength across its portfolio—supporting the case that momentum is broad rather than limited to one product line. Article: e.l.f. Beauty Announces Second Quarter Fiscal 2027 Results

e.l.f. Beauty Company Profile

e.l.f. Beauty, Inc is a cosmetics and skincare company that develops, markets and sells beauty products under a portfolio of brands. Its offerings include makeup, skin care, hair care and other personal-care products designed to provide accessible, trend-focused beauty options across a range of categories.

The company’s portfolio includes e.l.f. Cosmetics, Well People, Keys Soulcare and Naturium. Its products are sold through mass retailers, specialty beauty stores, e-commerce platforms and the brands’ direct-to-consumer websites.