e.l.f. Beauty (NYSE:ELF) Downgraded by Wall Street Zen to “Sell”

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 Tuesday.

Several other brokerages have also recently issued reports on ELF. Bank of America raised their target price on shares of e.l.f. Beauty from $135.00 to $160.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. Canaccord Genuity Group cut their price target on e.l.f. Beauty from $165.00 to $136.00 and set a “buy” rating on the stock in a research report on Thursday, November 6th. Cowen reissued a “buy” rating on shares of e.l.f. Beauty in a report on Wednesday, November 12th. Morgan Stanley set a $121.00 target price on e.l.f. Beauty in a research note on Thursday, November 6th. Finally, Jefferies Financial Group dropped their target price on e.l.f. Beauty from $150.00 to $120.00 and set a “buy” 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 company. Based on 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 3.3%

e.l.f. Beauty stock opened at $76.82 on Tuesday. The business’s 50-day simple moving average is $86.92 and its two-hundred day simple moving average is $111.93. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.76 and a current ratio of 2.70. The company has a market cap of $4.58 billion, a PE ratio of 54.10, a PEG ratio of 7.75 and a beta of 1.75. e.l.f. Beauty has a fifty-two week low of $49.40 and a fifty-two week high of $150.99.

e.l.f. Beauty (NYSE:ELF) last released its earnings results on Wednesday, November 5th. The company reported $0.68 EPS for the quarter, topping 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 the consensus estimate of $367.89 million. During the same quarter in the previous year, the company posted $0.77 earnings per share. The company’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. Equities analysts anticipate that e.l.f. Beauty will post 2.38 EPS for the current year.

Institutional Trading of e.l.f. Beauty

A number of institutional investors have recently made changes to their positions in ELF. Vanguard Group Inc. raised its stake in e.l.f. Beauty by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 5,347,046 shares of the company’s stock valued at $708,377,000 after purchasing an additional 14,651 shares during the last quarter. Swedbank AB lifted its stake in shares of e.l.f. Beauty by 42.6% in the first quarter. Swedbank AB now owns 1,157,760 shares of the company’s stock worth $72,696,000 after buying an additional 345,760 shares in the last quarter. Mackenzie Financial Corp boosted its position in e.l.f. Beauty by 11.0% during the second quarter. Mackenzie Financial Corp now owns 957,941 shares of the company’s stock worth $119,206,000 after acquiring an additional 95,270 shares during the last quarter. Congress Asset Management Co. boosted its position in e.l.f. Beauty by 1.3% during the second quarter. Congress Asset Management Co. now owns 951,309 shares of the company’s stock worth $118,381,000 after acquiring an additional 12,339 shares during the last quarter. Finally, Marshall Wace LLP purchased a new stake in e.l.f. Beauty during the 2nd quarter valued at about $118,058,000. 92.44% of the stock is owned by institutional investors and hedge funds.

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.