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

e.l.f. Beauty (NYSE:ELF) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued on Monday.

A number of other equities analysts have also weighed in on the stock. Canaccord Genuity Group cut their target price on shares of e.l.f. Beauty from $165.00 to $136.00 and set a “buy” rating for the company in a research report on Thursday, November 6th. Jefferies Financial Group dropped their price target on shares of e.l.f. Beauty from $150.00 to $120.00 and set a “buy” rating on the stock in a research note on Thursday, November 6th. Bank of America raised their price objective on shares of e.l.f. Beauty from $135.00 to $160.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. UBS Group lowered their target price on shares of e.l.f. Beauty from $150.00 to $105.00 and set a “neutral” rating on the stock in a report on Thursday, November 6th. Finally, Deutsche Bank Aktiengesellschaft downgraded e.l.f. Beauty from a “buy” rating to a “hold” rating and increased their target price for the stock from $121.00 to $128.00 in a research report on Tuesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $123.53.

e.l.f. Beauty Price Performance

Shares of NYSE ELF opened at $78.46 on Monday. The company has a current ratio of 2.70, a quick ratio of 1.76 and a debt-to-equity ratio of 0.73. The stock has a fifty day simple moving average of $92.23 and a two-hundred day simple moving average of $113.46. e.l.f. Beauty has a 1-year low of $49.40 and a 1-year high of $150.99. The firm has a market cap of $4.68 billion, a price-to-earnings ratio of 55.26, a price-to-earnings-growth ratio of 7.72 and a beta of 1.75.

e.l.f. Beauty (NYSE:ELF) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.68 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.11. The firm had revenue of $343.94 million for the quarter, compared to analysts’ expectations of $367.89 million. e.l.f. Beauty had a return on equity of 13.77% and a net margin of 5.90%.The business’s revenue for the quarter was up 14.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.77 EPS. e.l.f. Beauty has set its FY 2026 guidance at 2.800-2.850 EPS. Analysts anticipate that e.l.f. Beauty will post 2.38 earnings per share for the current year.

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

In related news, CEO Tarang Amin sold 116,315 shares of the stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $132.24, for a total value of $15,381,495.60. Following the sale, the chief executive officer owned 81,818 shares in the company, valued at approximately $10,819,612.32. This trade represents a 58.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 3.90% of the company’s stock.

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

A number of institutional investors have recently added to or reduced their stakes in the business. Hudson Bay Capital Management LP lifted its holdings in shares of e.l.f. Beauty by 144.2% in the 3rd quarter. Hudson Bay Capital Management LP now owns 4,518 shares of the company’s stock worth $599,000 after acquiring an additional 2,668 shares during the last quarter. Allworth Financial LP raised its position in e.l.f. Beauty by 17.9% in the 3rd quarter. Allworth Financial LP now owns 1,932 shares of the company’s stock worth $256,000 after purchasing an additional 294 shares during the period. Swiss Life Asset Management Ltd bought a new stake in e.l.f. Beauty in the third quarter worth $347,000. CIBC Bancorp USA Inc. purchased a new stake in e.l.f. Beauty during the third quarter valued at about $237,000. Finally, Coldstream Capital Management Inc. grew its stake in shares of e.l.f. Beauty by 28.7% during the third quarter. Coldstream Capital Management Inc. now owns 4,581 shares of the company’s stock valued at $607,000 after buying an additional 1,022 shares during the last quarter. 92.44% of the stock is currently owned by institutional investors.

About e.l.f. Beauty

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.