e.l.f. Beauty (NYSE:ELF) Lowered to Sell Rating by Wall Street Zen

Wall Street Zen cut shares of e.l.f. Beauty (NYSE:ELF) from a hold rating to a sell rating in a research report report published on Sunday morning.

A number of other equities research analysts have also recently issued reports on the company. Raymond James Financial upped their price objective on e.l.f. Beauty from $155.00 to $165.00 and gave the stock a “strong-buy” rating in a research note on Monday, October 20th. The Goldman Sachs Group dropped their price target on e.l.f. Beauty from $155.00 to $135.00 and set a “buy” rating for the company in a report on Friday, November 7th. Robert W. Baird decreased their target price on shares of e.l.f. Beauty from $145.00 to $125.00 and set an “outperform” rating on the stock in a research report on Thursday, November 6th. Canaccord Genuity Group dropped their price target on e.l.f. Beauty from $165.00 to $136.00 and set a “buy” rating for the company in a research note on Thursday, November 6th. Finally, UBS Group reduced their target price on e.l.f. Beauty from $150.00 to $105.00 and set a “neutral” rating on the stock in a report on Thursday, November 6th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $126.80.

e.l.f. Beauty Price Performance

Shares of NYSE ELF opened at $76.38 on Friday. The company has a current ratio of 2.70, a quick ratio of 1.76 and a debt-to-equity ratio of 0.73. The firm has a market cap of $4.56 billion, a PE ratio of 53.79, a PEG ratio of 6.59 and a beta of 1.75. The company has a fifty day moving average price of $100.48 and a 200 day moving average price of $115.23. e.l.f. Beauty has a 1-year low of $49.40 and a 1-year high of $150.99.

e.l.f. Beauty (NYSE:ELF) last announced 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. The business had revenue of $343.94 million for the quarter, compared to analyst estimates of $367.89 million. e.l.f. Beauty had a return on equity of 13.77% and a net margin of 5.90%.e.l.f. Beauty’s revenue for the quarter was up 14.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.77 EPS. e.l.f. Beauty has set its FY 2026 guidance at 2.800-2.850 EPS. Research analysts predict that e.l.f. Beauty will post 2.38 earnings per share for the current fiscal year.

Insider Activity at e.l.f. Beauty

In other news, SVP Joshua Allen Franks sold 7,913 shares of the company’s stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $145.00, for a total value of $1,147,385.00. Following the completion of the transaction, the senior vice president owned 99,369 shares of the company’s stock, valued at $14,408,505. This represents a 7.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Kory Marchisotto sold 10,812 shares of e.l.f. Beauty stock in a transaction that occurred 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 sale, the insider owned 133,976 shares in the company, valued at approximately $20,096,400. This represents a 7.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 155,338 shares of company stock valued at $21,199,943. Corporate insiders own 3.90% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Whittier Trust Co. of Nevada Inc. raised its position 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 acquiring an additional 87 shares during the last quarter. Louisiana State Employees Retirement System lifted its position in shares of e.l.f. Beauty by 0.6% in the 2nd quarter. Louisiana State Employees Retirement System now owns 15,900 shares of the company’s stock worth $1,979,000 after purchasing an additional 100 shares during the period. Securian Asset Management Inc. boosted 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 position in shares of e.l.f. Beauty by 0.7% during the second quarter. State of Michigan Retirement System now owns 13,600 shares of the company’s stock worth $1,692,000 after buying an additional 100 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al raised its stake in 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 buying an additional 100 shares during the last quarter. 92.44% of the stock is owned by institutional investors.

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.