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

by · The Markets Daily

Wall Street Zen upgraded shares of e.l.f. Beauty (NYSE:ELF – Free Report) from a sell rating to a hold rating in a research report sent to investors on Saturday.

ELF has been the subject of several other research reports. TD Cowen upped their target price on shares of e.l.f. Beauty from $100.00 to $110.00 and gave the company a “buy” rating in a report on Wednesday. Weiss Ratings restated a “hold (c)” rating on shares of e.l.f. Beauty in a research note on Wednesday. Robert W. Baird dropped their price objective on 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. Canaccord Genuity Group reduced their target price on e.l.f. Beauty from $165.00 to $136.00 and set a “buy” rating for the company in a report on Thursday, November 6th. Finally, Piper Sandler decreased their target price on e.l.f. Beauty from $100.00 to $85.00 and set a “neutral” rating for the company in a research report on Monday, December 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $120.94.

View Our Latest Report on ELF

e.l.f. Beauty Stock Up 0.6%

Shares of NYSE ELF opened at $94.17 on Friday. The business has a 50-day moving average of $79.89 and a two-hundred day moving average of $107.09. The company has a market capitalization of $5.62 billion, a price-to-earnings ratio of 66.31, a price-to-earnings-growth ratio of 8.95 and a beta of 1.73. e.l.f. Beauty has a 1 year low of $49.40 and a 1 year high of $150.99. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.70 and a quick ratio of 1.76.

e.l.f. Beauty (NYSE:ELF – Get Free Report) last issued its earnings results on Wednesday, November 5th. The company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.11. The business had revenue of $343.94 million for the quarter, compared to analyst estimates 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 quarterly revenue was up 14.2% on a year-over-year basis. During the same quarter last year, the company earned $0.77 EPS. e.l.f. Beauty has set its FY 2026 guidance at 2.800-2.850 EPS. On average, analysts forecast that e.l.f. Beauty will post 2.38 earnings per share for the current fiscal year.

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

Several institutional investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC lifted its position in 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 acquiring an additional 128 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of 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 worth $39,000 after purchasing an additional 117 shares during the last quarter. Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of e.l.f. Beauty by 29.3% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 384 shares of the company’s stock worth $52,000 after purchasing an additional 87 shares during the period. MAI Capital Management grew its position in e.l.f. Beauty by 129.1% in the 2nd quarter. MAI Capital Management now owns 394 shares of the company’s stock valued at $49,000 after buying an additional 222 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC purchased a new position in e.l.f. Beauty in the 2nd quarter valued at $49,000. Institutional investors and hedge funds 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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