e.l.f. Beauty (NYSE:ELF) released its quarterly earnings data on Tuesday, February 27th. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.13, Bloomberg Earnings reports. e.l.f. Beauty had a net margin of 12.40% and a return on equity of 13.88%. The company had revenue of $81.59 million during the quarter, compared to analysts’ expectations of $81.70 million. e.l.f. Beauty updated its FY18 guidance to $0.59-0.61 EPS.
Shares of e.l.f. Beauty (ELF) traded up $0.11 on Wednesday, hitting $19.97. 205,791 shares of the stock were exchanged, compared to its average volume of 524,142. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.41 and a quick ratio of 1.19. e.l.f. Beauty has a 1-year low of $17.76 and a 1-year high of $29.30. The stock has a market cap of $958.53, a P/E ratio of 29.37, a PEG ratio of 3.11 and a beta of 1.68.
A number of equities analysts recently weighed in on ELF shares. Zacks Investment Research upgraded shares of e.l.f. Beauty from a “hold” rating to a “buy” rating and set a $22.00 price target on the stock in a research report on Wednesday, January 10th. Citigroup reduced their price target on shares of e.l.f. Beauty from $24.00 to $22.00 and set a “buy” rating on the stock in a research note on Thursday, March 1st. DA Davidson reduced their price target on shares of e.l.f. Beauty to $23.00 and set a “buy” rating on the stock in a research note on Monday, January 15th. BMO Capital Markets downgraded shares of e.l.f. Beauty from an “outperform” rating to a “hold” rating and set a $24.00 target price on the stock. in a research note on Wednesday, February 28th. Finally, Wells Fargo & Co reissued a “hold” rating on shares of e.l.f. Beauty in a research report on Monday, January 8th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $22.18.
In other e.l.f. Beauty news, insider Scott Milsten sold 9,628 shares of the firm’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $20.34, for a total transaction of $195,833.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 16.50% of the company’s stock.
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e.l.f. Beauty Company Profile
e.l.f. Beauty, Inc, formerly J.A. Cosmetics Holdings, Inc, is a cosmetic company. The Company conducts its business under the name e.l.f. Cosmetics, and offers products for eyes, lips and face to consumers through its retail customers, e.l.f. stores and e-commerce channels. The Company offers a range of products for eyes, such as eyeshadow, eyeliner, mascara and eyelashes, eyebrows, concealer and primer, brushes and tools, and sets and palettes.
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