e.l.f. Beauty (NYSE:ELF) Stock Rating Upgraded by Sanford C. Bernstein

e.l.f. Beauty (NYSE:ELF) was upgraded by equities researchers at Sanford C. Bernstein to a “hold” rating in a research note issued to investors on Thursday,Zacks.com reports.

Several other analysts have also commented on the stock. Bank of America decreased their price target on shares of e.l.f. Beauty from $93.00 to $85.00 and set a “buy” rating for the company in a research report on Thursday, May 21st. Jefferies Financial Group decreased their price target on shares of e.l.f. Beauty from $85.00 to $70.00 and set a “buy” rating for the company in a research report on Thursday, May 21st. Raymond James Financial reissued a “strong-buy” rating and set a $85.00 price target on shares of e.l.f. Beauty in a research report on Thursday, May 21st. Evercore began coverage on shares of e.l.f. Beauty in a research report on Thursday, April 2nd. They issued an “inline” rating and a $68.00 price objective for the company. Finally, Morgan Stanley decreased their price objective on shares of e.l.f. Beauty from $67.00 to $59.00 and set an “equal weight” rating for the company in a research report on Thursday, May 21st. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, e.l.f. Beauty currently has a consensus rating of “Moderate Buy” and an average target price of $78.38.

e.l.f. Beauty Stock Up 1.2%

NYSE:ELF opened at $61.40 on Thursday. e.l.f. Beauty has a 1-year low of $48.82 and a 1-year high of $150.99. The company has a 50-day moving average of $59.44 and a 200 day moving average of $72.85. The firm has a market cap of $3.65 billion, a PE ratio of 133.47, a price-to-earnings-growth ratio of 2.49 and a beta of 1.63. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.35 and a quick ratio of 1.69.

e.l.f. Beauty (NYSE:ELF) last released its quarterly earnings data on Wednesday, May 20th. The company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.03. The company had revenue of $449.29 million during the quarter, compared to analyst estimates of $423.06 million. e.l.f. Beauty had a net margin of 1.61% and a return on equity of 11.02%. The firm’s revenue for the quarter was up 35.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.78 earnings per share. e.l.f. Beauty has set its FY 2027 guidance at 3.270-3.320 EPS. As a group, research analysts anticipate that e.l.f. Beauty will post 2.41 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Kory Marchisotto sold 23,796 shares of the firm’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $63.66, for a total transaction of $1,514,853.36. Following the sale, the insider owned 152,417 shares of the company’s stock, valued at $9,702,866.22. This trade represents a 13.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Tarang Amin sold 52,880 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The stock was 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 in the company, valued at $6,164,778.24. The trade was a 34.95% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 256,347 shares of company stock worth $15,713,592 in the last quarter. 3.90% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On e.l.f. Beauty

A number of hedge funds and other institutional investors have recently made changes to their positions in ELF. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of e.l.f. Beauty during the 4th quarter worth approximately $26,000. Hilton Head Capital Partners LLC acquired a new stake in shares of e.l.f. Beauty during the 4th quarter worth approximately $32,000. EverSource Wealth Advisors LLC grew its stake in shares of e.l.f. Beauty by 97.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock worth $32,000 after purchasing an additional 128 shares during the period. 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. Finally, Arax Advisory Partners acquired a new stake in shares of e.l.f. Beauty during the 4th quarter worth approximately $41,000. Institutional investors and hedge funds own 92.44% of the company’s stock.

Key Headlines Impacting e.l.f. Beauty

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

• Positive Sentiment: Options activity was unusually bullish, with call buying running about 50% above average, suggesting some traders are positioning for an upside move in e.l.f. Beauty. Source article
• Positive Sentiment: A bullish thesis highlighted by outside commentators argues that ELF may be attractive at recent prices, pointing to a potential rebound after the stock’s pullback. Article link
• Neutral Sentiment: Analyst coverage remains mixed but constructive overall, with a consensus rating of Moderate Buy and a consensus target price above the current share level, though several firms have recently cut targets. Article link
• Neutral Sentiment: Multiple executives and insiders sold shares at about $51.53, including CEO Tarang Amin and several senior leaders. The transactions were disclosed in SEC filings and may reflect routine selling, but they still add caution around near-term sentiment. SEC filing
• Negative Sentiment: The broad cluster of insider sales could weigh on e.l.f. Beauty stock, as investors may view repeated trimming by top executives as a sign of limited near-term upside or caution about the business outlook. SEC filing

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.