e.l.f. Beauty (NYSE:ELF) Given New $105.00 Price Target at UBS Group

by · The Cerbat Gem

e.l.f. Beauty (NYSE:ELF – Free Report) had its price objective trimmed by UBS Group from $150.00 to $105.00 in a research report released on Thursday,Benzinga reports. The brokerage currently has a neutral rating on the stock.

ELF has been the topic of a number of other reports. Jefferies Financial Group lifted their target price on e.l.f. Beauty from $135.00 to $150.00 and gave the stock a “buy” rating in a research note on Tuesday, October 28th. Canaccord Genuity Group restated a “buy” rating and set a $165.00 price objective on shares of e.l.f. Beauty in a report on Tuesday, October 21st. Piper Sandler lowered shares of e.l.f. Beauty from an “overweight” rating to a “neutral” rating and lowered their price objective for the stock from $150.00 to $100.00 in a research report on Thursday. Weiss Ratings reiterated a “hold (c)” rating on shares of e.l.f. Beauty in a research note on Wednesday, October 8th. Finally, Robert W. Baird reduced their target price on shares of e.l.f. Beauty from $145.00 to $125.00 and set an “outperform” rating for the company in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, e.l.f. Beauty currently has a consensus rating of “Moderate Buy” and an average target price of $126.80.

Read Our Latest Research Report on ELF

e.l.f. Beauty Stock Performance

Shares of e.l.f. Beauty stock traded down $2.92 during mid-day trading on Thursday, hitting $73.62. 8,296,261 shares of the stock were exchanged, compared to its average volume of 2,532,348. e.l.f. Beauty has a 12 month low of $49.40 and a 12 month high of $150.99. The company has a 50-day simple moving average of $130.44 and a 200 day simple moving average of $114.05. The company has a market capitalization of $4.37 billion, a P/E ratio of 51.85, a P/E/G ratio of 2.74 and a beta of 1.61. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.34 and a current ratio of 3.26.

e.l.f. Beauty (NYSE:ELF – Get Free Report) 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 company had revenue of $343.94 million during the quarter, compared to the consensus estimate of $367.89 million. e.l.f. Beauty had a return on equity of 15.37% and a net margin of 5.90%.e.l.f. Beauty’s revenue was up 14.2% on a year-over-year basis. During the same period last year, the business posted $0.77 earnings per share. e.l.f. Beauty has set its FY 2026 guidance at 2.800-2.850 EPS. Sell-side analysts anticipate that e.l.f. Beauty will post 2.38 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, SVP Joshua Allen Franks sold 7,913 shares of e.l.f. Beauty stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $145.00, for a total value of $1,147,385.00. Following the completion of the transaction, the senior vice president directly owned 99,369 shares in the company, valued at approximately $14,408,505. The trade was a 7.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Kory Marchisotto sold 13,515 shares of the stock in a transaction on Friday, September 12th. The stock was sold at an average price of $140.10, for a total value of $1,893,451.50. Following the sale, the insider owned 144,788 shares in the company, valued at approximately $20,284,798.80. This represents a 8.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 301,060 shares of company stock worth $40,994,733 in the last 90 days. 3.90% of the stock is currently owned by company insiders.

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

Several hedge funds and other institutional investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC lifted its holdings in shares of e.l.f. Beauty by 97.0% in the second quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock worth $32,000 after buying an additional 128 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in e.l.f. Beauty by 58.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock valued at $39,000 after acquiring an additional 117 shares in the last quarter. Larson Financial Group LLC increased its holdings in e.l.f. Beauty by 56.5% during the 1st quarter. Larson Financial Group LLC now owns 676 shares of the company’s stock worth $42,000 after acquiring an additional 244 shares during the period. Smartleaf Asset Management LLC lifted its stake in e.l.f. Beauty by 577.7% in the 1st quarter. Smartleaf Asset Management LLC now owns 759 shares of the company’s stock worth $49,000 after purchasing an additional 647 shares in the last quarter. Finally, MAI Capital Management lifted its stake in e.l.f. Beauty by 129.1% in the 2nd quarter. MAI Capital Management now owns 394 shares of the company’s stock worth $49,000 after purchasing an additional 222 shares in the last quarter. 92.44% of the stock is currently owned by institutional investors.

e.l.f. Beauty Company Profile

(Get Free Report)

e.l.f. Beauty, Inc is a holding company, which engages in the provision of inclusive, accessible, clean, vegan and cruelty free cosmetics and skin care products. The company focuses on the e-commerce, national retailers and international business channels. Its brands include elf, elf skin, WELL People and KEYS soulcare.

Further Reading