e.l.f. Beauty (NYSE:ELF) Stock Price Expected to Rise, UBS Group Analyst Says

e.l.f. Beauty (NYSE:ELF) had its price target increased by stock analysts at UBS Group from $80.00 to $89.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the stock. UBS Group’s target price indicates a potential downside of 3.31% from the stock’s previous close.

Several other equities research analysts also recently issued reports on the company. B. Riley Financial boosted their price objective on e.l.f. Beauty from $70.00 to $100.00 and gave the company a “buy” rating in a report on Thursday. Bank of America lowered their target price on e.l.f. Beauty from $93.00 to $85.00 and set a “buy” rating for the company in a report on Thursday, May 21st. TD Cowen reaffirmed a “buy” rating and issued a $85.00 target price (up from $65.00) on shares of e.l.f. Beauty in a research report on Tuesday, July 21st. Robert W. Baird set a $105.00 price target on shares of e.l.f. Beauty in a research note on Thursday. Finally, Raymond James Financial increased their price target on shares of e.l.f. Beauty from $85.00 to $87.00 and gave the stock a “strong-buy” rating in a research report on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $88.19.

e.l.f. Beauty Trading Up 6.6%

e.l.f. Beauty stock traded up $5.67 during trading on Thursday, hitting $92.04. The company had a trading volume of 4,382,966 shares, compared to its average volume of 2,858,353. The stock has a market cap of $5.43 billion, a price-to-earnings ratio of 200.28, a price-to-earnings-growth ratio of 3.42 and a beta of 1.58. The company has a current ratio of 2.35, a quick ratio of 1.69 and a debt-to-equity ratio of 0.72. e.l.f. Beauty has a 1-year low of $48.82 and a 1-year high of $150.99. The company’s 50 day simple moving average is $69.81 and its 200-day simple moving average is $71.54.

e.l.f. Beauty (NYSE:ELF) last released its quarterly earnings results on Wednesday, August 5th. The company reported $1.75 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $1.04. e.l.f. Beauty had a return on equity of 11.02% and a net margin of 1.61%.The company had revenue of $479.37 million for the quarter, compared to analysts’ expectations of $431.20 million. During the same period in the prior year, the firm earned $0.89 earnings per share. The firm’s revenue was up 35.5% compared to the same quarter last year. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. As a group, analysts expect that e.l.f. Beauty will post 2.42 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, SVP Joshua Allen Franks sold 6,854 shares of e.l.f. Beauty stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $51.94, for a total value of $355,996.76. Following the completion of the transaction, the senior vice president owned 153,532 shares in the company, valued at approximately $7,974,452.08. This trade represents a 4.27% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Kory Marchisotto sold 4,352 shares of the business’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $51.53, for a total value of $224,258.56. Following the transaction, the insider directly owned 181,868 shares of the company’s stock, valued at approximately $9,371,658.04. This represents a 2.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 121,855 shares of company stock worth $8,351,493. Corporate insiders own 3.50% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in ELF. BNP Paribas Financial Markets boosted its holdings in shares of e.l.f. Beauty by 3,131.7% in the 4th quarter. BNP Paribas Financial Markets now owns 924,902 shares of the company’s stock valued at $70,330,000 after buying an additional 896,282 shares in the last quarter. Vanguard Group Inc. raised its stake in e.l.f. Beauty by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 5,487,304 shares of the company’s stock worth $417,255,000 after acquiring an additional 140,258 shares in the last quarter. Norges Bank purchased a new stake in e.l.f. Beauty in the fourth quarter valued at $38,895,000. Delta Global Management LP purchased a new stake in e.l.f. Beauty in the first quarter valued at $1,227,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in e.l.f. Beauty by 138,082.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 276,364 shares of the company’s stock valued at $21,015,000 after acquiring an additional 276,164 shares during the last quarter. Institutional investors and hedge funds own 92.44% of the company’s stock.

e.l.f. Beauty News Roundup

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

• Positive Sentiment: Strong quarterly beat: First-quarter revenue increased 35.5% year over year to $479.4 million, exceeding the $431.2 million consensus estimate. Adjusted earnings of $1.75 per share were well above the $0.71 forecast and rose from $0.89 a year earlier. e.l.f. Beauty Surpasses Q1 Earnings and Revenue Estimates
• Positive Sentiment: Raised growth outlook: Management now expects fiscal 2027 net sales growth of 18% to 20%, up from 12% to 14% previously, implying revenue of roughly $1.9 billion to $2.0 billion. EPS guidance was set at $3.50 to $3.55, above the approximately $3.12 analyst consensus. e.l.f. Beauty Fiscal 2027 Outlook
• Positive Sentiment: Rhode and global operations are driving momentum: The acquired Rhode brand generated approximately $160 million in sales, while international revenue jumped 61%. Management said Rhode, improving organic trends and global expansion contributed materially to first-quarter growth. e.l.f. Beauty Q1 Earnings Beat
• Positive Sentiment: Analyst support: B. Riley raised its price target to $100 from $70 and maintained a “buy” rating, reinforcing the bullish reaction to the raised forecast. B. Riley Price Target Report
• Neutral Sentiment: Profit quality remains under scrutiny: About $50 million of tariff refunds contributed to the quarter, including roughly 1,050 basis points of gross-margin improvement. Because the benefit is largely nonrecurring, investors are evaluating whether underlying profitability can support the higher guidance. e.l.f. Beauty Tariff Refunds
• Negative Sentiment: Key risks: The stock’s elevated valuation, debt following the Rhode acquisition, questions about the recovery of the core e.l.f. brand and continued insider selling could limit further upside despite the stronger outlook.

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.