Analysts Set e.l.f. Beauty (NYSE:ELF) Price Target at $111.00

e.l.f. Beauty (NYSE:ELF) has been assigned a consensus recommendation of “Moderate Buy” from the eighteen ratings firms that are currently covering the company, MarketBeat.com reports. Six analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $108.00.

Several research analysts recently issued reports on ELF shares. Wall Street Zen upgraded shares of e.l.f. Beauty from a “sell” rating to a “hold” rating in a research note on Saturday, January 24th. Zacks Research raised shares of e.l.f. Beauty from a “strong sell” rating to a “hold” rating in a research report on Monday, January 5th. Jefferies Financial Group assumed coverage on shares of e.l.f. Beauty in a research report on Wednesday, January 14th. They set a “buy” rating and a $110.00 price objective on the stock. JPMorgan Chase & Co. cut their price objective on shares of e.l.f. Beauty from $105.00 to $85.00 and set an “overweight” rating on the stock in a research report on Friday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of e.l.f. Beauty in a research report on Wednesday, January 21st.

e.l.f. Beauty Stock Down 3.6%

Shares of e.l.f. Beauty stock opened at $66.77 on Tuesday. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.76 and a quick ratio of 1.89. The company has a 50-day moving average of $74.79 and a 200 day moving average of $87.43. The firm has a market cap of $3.94 billion, a price-to-earnings ratio of 37.73, a PEG ratio of 3.65 and a beta of 1.83. e.l.f. Beauty has a 1 year low of $50.79 and a 1 year high of $150.99.

e.l.f. Beauty (NYSE:ELF) last issued its quarterly earnings results on Wednesday, February 4th. The company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.52. The company had revenue of $489.51 million during the quarter, compared to analyst estimates of $461.78 million. e.l.f. Beauty had a net margin of 6.84% and a return on equity of 15.08%. e.l.f. Beauty’s quarterly revenue was up 37.8% compared to the same quarter last year. During the same period last year, the business earned $0.74 EPS. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. As a group, sell-side analysts anticipate that e.l.f. Beauty will post 2.38 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Tarang Amin sold 52,880 shares of the stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $62.64, for a total transaction of $3,312,403.20. Following the sale, the chief executive officer directly owned 98,416 shares of the company’s stock, valued at approximately $6,164,778.24. This represents a 34.95% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 3.90% of the company’s stock.

Institutional Trading of e.l.f. Beauty

Several institutional investors have recently bought and sold shares of the company. SG Americas Securities LLC grew its position in e.l.f. Beauty by 61.3% during the 1st quarter. SG Americas Securities LLC now owns 250,413 shares of the company’s stock valued at $15,178,000 after purchasing an additional 95,160 shares during the last quarter. Diversified Trust Co grew its position in e.l.f. Beauty by 33.9% during the 1st quarter. Diversified Trust Co now owns 19,055 shares of the company’s stock valued at $1,155,000 after purchasing an additional 4,822 shares during the last quarter. Hsbc Holdings PLC purchased a new stake in e.l.f. Beauty during the 4th quarter valued at about $451,000. Rockefeller Capital Management L.P. boosted its holdings in shares of e.l.f. Beauty by 83.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 191,843 shares of the company’s stock valued at $14,588,000 after acquiring an additional 87,163 shares during the last quarter. Finally, World Investment Advisors boosted its holdings in shares of e.l.f. Beauty by 50.3% during the 4th quarter. World Investment Advisors now owns 4,117 shares of the company’s stock valued at $313,000 after acquiring an additional 1,377 shares during the last quarter. 92.44% of the stock is owned by hedge funds and other institutional investors.

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.