TD Cowen Increases e.l.f. Beauty (NYSE:ELF) Price Target to $110.00

by · The Markets Daily

e.l.f. Beauty (NYSE:ELF – Get Free Report) had its price target raised by analysts at TD Cowen from $100.00 to $110.00 in a research report issued on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the stock. TD Cowen’s target price would suggest a potential upside of 22.16% from the stock’s current price.

ELF has been the topic of several other research reports. Piper Sandler decreased their price target on e.l.f. Beauty from $100.00 to $85.00 and set a “neutral” rating on the stock in a report on Monday, December 22nd. Raymond James Financial increased their target price on shares of e.l.f. Beauty from $155.00 to $165.00 and gave the company a “strong-buy” rating in a research note on Monday, October 20th. Morgan Stanley set a $121.00 target price on shares of e.l.f. Beauty in a report on Thursday, November 6th. Robert W. Baird cut their price target on shares of e.l.f. Beauty from $145.00 to $125.00 and set an “outperform” rating on the stock in a report on Thursday, November 6th. Finally, Canaccord Genuity Group reduced their price objective on shares of e.l.f. Beauty from $165.00 to $136.00 and set a “buy” rating on the stock in a research report on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $121.63.

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e.l.f. Beauty Price Performance

Shares of e.l.f. Beauty stock traded up $1.01 during trading hours on Wednesday, reaching $90.05. The company’s stock had a trading volume of 657,324 shares, compared to its average volume of 1,780,680. The firm has a 50 day moving average price of $78.80 and a 200-day moving average price of $107.56. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.70 and a quick ratio of 1.76. The stock has a market cap of $5.37 billion, a P/E ratio of 63.41, a P/E/G ratio of 8.56 and a beta of 1.73. e.l.f. Beauty has a one year low of $49.40 and a one year high of $150.99.

e.l.f. Beauty (NYSE:ELF – Get Free Report) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.68 EPS for the quarter, topping the consensus estimate 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 company had revenue of $343.94 million during the quarter, compared to analyst estimates of $367.89 million. During the same quarter last year, the business posted $0.77 earnings per share. The firm’s revenue was up 14.2% on a year-over-year basis. e.l.f. Beauty has set its FY 2026 guidance at 2.800-2.850 EPS. On average, analysts predict that e.l.f. Beauty will post 2.38 EPS for the current year.

Institutional Trading of e.l.f. Beauty

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Marshall Wace LLP acquired a new position in shares of e.l.f. Beauty in the 2nd quarter valued at $118,058,000. Atreides Management LP purchased a new position in e.l.f. Beauty in the second quarter valued at $61,479,000. Man Group plc purchased a new position in shares of e.l.f. Beauty in the second quarter valued at approximately $52,316,000. Woodline Partners LP acquired a new position in e.l.f. Beauty in the 3rd quarter valued at $52,613,000. Finally, American Century Companies Inc. raised its holdings in e.l.f. Beauty by 148.5% in the 2nd quarter. American Century Companies Inc. now owns 490,928 shares of the company’s stock valued at $61,091,000 after acquiring an additional 293,369 shares during the last quarter. Institutional investors own 92.44% of the company’s stock.

e.l.f. Beauty Company Profile

(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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