e.l.f. Beauty (NYSE:ELF) Releases Earnings Results, Beats Expectations By $0.03 EPS

e.l.f. Beauty (NYSE:ELF) announced its earnings results on Wednesday. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.03, FiscalAI reports. e.l.f. Beauty had a return on equity of 15.08% and a net margin of 6.84%.The business had revenue of $449.29 million for the quarter, compared to analyst estimates of $423.06 million. e.l.f. Beauty updated its FY 2027 guidance to 3.270-3.320 EPS.

e.l.f. Beauty Stock Down 4.4%

NYSE:ELF traded down $2.32 during mid-day trading on Wednesday, reaching $50.66. The stock had a trading volume of 8,791,272 shares, compared to its average volume of 2,475,801. The company has a market capitalization of $2.99 billion, a price-to-earnings ratio of 28.62, a price-to-earnings-growth ratio of 3.38 and a beta of 1.71. e.l.f. Beauty has a 1-year low of $50.13 and a 1-year high of $150.99. The stock’s 50 day simple moving average is $65.17 and its two-hundred day simple moving average is $76.96. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.76 and a quick ratio of 1.89.

Insiders Place Their Bets

In related news, CEO Tarang Amin sold 52,880 shares of e.l.f. Beauty stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $62.64, for a total value of $3,312,403.20. Following the completion of the transaction, the chief executive officer directly owned 98,416 shares in the company, valued at approximately $6,164,778.24. This trade represents a 34.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Mandy J. Fields sold 23,656 shares of e.l.f. Beauty stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $63.66, for a total value of $1,505,940.96. Following the completion of the transaction, the insider owned 77,437 shares of the company’s stock, valued at approximately $4,929,639.42. The trade was a 23.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 210,013 shares of company stock valued at $13,315,490. 3.90% of the stock is owned by company insiders.

Hedge Funds Weigh In On e.l.f. Beauty

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. boosted its stake in e.l.f. Beauty by 58.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock valued at $39,000 after acquiring an additional 117 shares during the period. EverSource Wealth Advisors LLC boosted its stake in e.l.f. Beauty by 97.0% in the second quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock valued at $32,000 after acquiring an additional 128 shares during the period. Public Employees Retirement System of Ohio boosted its stake in e.l.f. Beauty by 0.8% in the third quarter. Public Employees Retirement System of Ohio now owns 17,246 shares of the company’s stock valued at $2,285,000 after acquiring an additional 144 shares during the period. California State Teachers Retirement System boosted its stake in e.l.f. Beauty by 0.3% in the second quarter. California State Teachers Retirement System now owns 52,055 shares of the company’s stock valued at $6,478,000 after acquiring an additional 152 shares during the period. Finally, Mercer Global Advisors Inc. ADV boosted its stake in e.l.f. Beauty by 5.9% in the third quarter. Mercer Global Advisors Inc. ADV now owns 2,943 shares of the company’s stock valued at $390,000 after acquiring an additional 165 shares during the period. 92.44% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting e.l.f. Beauty

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

• Negative Sentiment: e.l.f. Beauty lowered the outlook for FY 2027, guiding EPS to $3.27-$3.32 versus the $3.37 consensus and revenue to $1.8 billion-$1.9 billion versus expectations around $1.9 billion, signaling a slower growth path ahead. Article Title
• Negative Sentiment: Management said it plans to roll back some tariff-related price increases because higher gas prices and broader consumer stress have started to hurt unit sales, raising concerns about demand pressure and margin tradeoffs. Article Title
• Neutral Sentiment: The company also reported fiscal fourth-quarter and full-year results, highlighting another year of net sales and market share growth and continued strength from brands like rhode and Naturium, which may help offset some of the guidance disappointment. Article Title
• Neutral Sentiment: Piper Sandler cut its price target on ELF to $60 from $85 and kept a neutral rating, reinforcing a more cautious near-term view from analysts. Article Title
• Positive Sentiment: e.l.f. Beauty continues to promote the brand through a new partnership with the SURVIVOR 50 finale, which could support awareness and engagement, though the stock impact is likely limited in the near term. Article Title

Wall Street Analyst Weigh In

ELF has been the topic of a number of analyst reports. TD Cowen dropped their target price on e.l.f. Beauty from $110.00 to $100.00 and set a “buy” rating on the stock in a research report on Monday, February 9th. Wall Street Zen raised e.l.f. Beauty from a “sell” rating to a “hold” rating in a research report on Saturday, January 24th. Citigroup dropped their target price on e.l.f. Beauty from $115.00 to $87.00 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. Bank of America dropped their target price on e.l.f. Beauty from $115.00 to $93.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Finally, JPMorgan Chase & Co. dropped their target price on e.l.f. Beauty from $105.00 to $85.00 and set an “overweight” rating on the stock in a research report on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $99.06.

e.l.f. Beauty Company Profile

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.