e.l.f. Beauty (NYSE:ELF) Raised to Hold at Wall Street Zen

e.l.f. Beauty (NYSE:ELFGet Free Report) was upgraded by Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Saturday.

ELF has been the topic of several other reports. The Goldman Sachs Group dropped their target price on e.l.f. Beauty from $155.00 to $135.00 and set a “buy” rating on the stock in a research report on Friday, November 7th. Zacks Research upgraded shares of e.l.f. Beauty from a “strong sell” rating to a “hold” rating in a research report on Monday, January 5th. JPMorgan Chase & Co. cut their price target on e.l.f. Beauty from $137.00 to $103.00 and set an “overweight” rating for the company in a report on Thursday, December 18th. Morgan Stanley set a $121.00 price objective on shares of e.l.f. Beauty in a research note on Thursday, November 6th. Finally, Raymond James Financial lifted their target price on e.l.f. Beauty from $155.00 to $165.00 and gave the stock a “strong-buy” rating in a report on Monday, October 20th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $120.94.

Check Out Our Latest Stock Report on e.l.f. Beauty

e.l.f. Beauty Trading Up 0.6%

NYSE:ELF opened at $94.17 on Friday. The company’s 50 day moving average price is $79.89 and its 200-day moving average price is $107.01. The company has a quick ratio of 1.76, a current ratio of 2.70 and a debt-to-equity ratio of 0.73. e.l.f. Beauty has a 52 week low of $49.40 and a 52 week high of $150.99. The stock has a market cap of $5.62 billion, a price-to-earnings ratio of 66.31, a PEG ratio of 8.88 and a beta of 1.73.

e.l.f. Beauty (NYSE:ELFGet Free Report) last posted 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 business had revenue of $343.94 million during the quarter, compared to analyst estimates of $367.89 million. During the same quarter last year, the company earned $0.77 EPS. The company’s quarterly 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. On average, equities research analysts forecast that e.l.f. Beauty will post 2.38 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC raised 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 buying an additional 128 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of e.l.f. Beauty by 58.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock worth $39,000 after purchasing an additional 117 shares during the period. MAI Capital Management increased its holdings in e.l.f. Beauty by 129.1% in the second quarter. MAI Capital Management now owns 394 shares of the company’s stock valued at $49,000 after buying an additional 222 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new position in shares of e.l.f. Beauty in the 2nd quarter valued at about $49,000. Finally, Whittier Trust Co. of Nevada Inc. increased its position in shares of e.l.f. Beauty by 29.3% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 384 shares of the company’s stock valued at $52,000 after buying an additional 87 shares in the last quarter. Institutional investors own 92.44% of the company’s stock.

About e.l.f. Beauty

(Get Free Report)

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.

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Analyst Recommendations for e.l.f. Beauty (NYSE:ELF)

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