e.l.f. Beauty (NYSE:ELF) Releases FY 2027 Earnings Guidance

e.l.f. Beauty (NYSE:ELF) issued an update on its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 3.270-3.320 for the period, compared to the consensus estimate of 3.370. The company issued revenue guidance of $1.8 billion-$1.9 billion, compared to the consensus revenue estimate of $1.9 billion.

e.l.f. Beauty Price Performance

Shares of NYSE:ELF traded down $2.32 on Wednesday, reaching $50.66. 8,791,272 shares of the company were exchanged, compared to its average volume of 2,475,801. The firm has a market cap 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 company has a 50-day moving average of $65.17 and a 200-day moving average of $76.96. The company has a current ratio of 2.76, a quick ratio of 1.89 and a debt-to-equity ratio of 0.70.

e.l.f. Beauty (NYSE:ELF) last issued its quarterly earnings data on Wednesday, May 20th. The company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.03. The firm had revenue of $449.29 million for the quarter, compared to analysts’ expectations of $423.06 million. e.l.f. Beauty had a net margin of 6.84% and a return on equity of 15.08%. e.l.f. Beauty has set its FY 2027 guidance at 3.270-3.320 EPS. Equities analysts forecast that e.l.f. Beauty will post 1.88 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on ELF shares. Citigroup lowered their price objective on shares of e.l.f. Beauty from $115.00 to $87.00 and set a “buy” rating on the stock in a research note on Wednesday, April 15th. TD Cowen reduced their target price on shares of e.l.f. Beauty from $110.00 to $100.00 and set a “buy” rating on the stock in a report on Monday, February 9th. UBS Group reduced their target price on shares of e.l.f. Beauty from $102.00 to $70.00 and set a “neutral” rating on the stock in a report on Tuesday, April 7th. JPMorgan Chase & Co. reduced their target price on shares of e.l.f. Beauty from $105.00 to $85.00 and set an “overweight” rating on the stock in a report on Friday, April 17th. Finally, Piper Sandler reduced their target price on shares of e.l.f. Beauty from $85.00 to $60.00 and set a “neutral” rating on the stock in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, e.l.f. Beauty has an average rating of “Moderate Buy” and a consensus target price of $99.06.

Insider Buying and Selling at e.l.f. Beauty

In other 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 transaction, the chief executive officer directly owned 98,416 shares in the company, valued at $6,164,778.24. This represents a 34.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Scott Milsten sold 23,797 shares of the stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $63.66, for a total transaction of $1,514,917.02. Following the transaction, the insider owned 114,940 shares in the company, valued at approximately $7,317,080.40. The trade was a 17.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 210,013 shares of company stock worth $13,315,490. 3.90% of the stock is currently owned by insiders.

Key e.l.f. Beauty News

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

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC raised its holdings 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 buying an additional 128 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings 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 buying an additional 117 shares during the period. Arax Advisory Partners purchased a new position in e.l.f. Beauty in the fourth quarter valued at approximately $41,000. Ankerstar Wealth LLC purchased a new position in e.l.f. Beauty in the fourth quarter valued at approximately $42,000. Finally, Johnson Financial Group Inc. purchased a new position in e.l.f. Beauty in the third quarter valued at approximately $64,000. 92.44% of the stock is currently owned by hedge funds and other institutional investors.

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.