e.l.f. Beauty (NYSE:ELF) Rating Increased to Hold at Evercore

e.l.f. Beauty (NYSE:ELF) was upgraded by stock analysts at Evercore to a “hold” rating in a report released on Wednesday,Zacks.com reports.

Several other equities research analysts have also issued reports on the stock. Wall Street Zen raised shares of e.l.f. Beauty from a “sell” rating to a “hold” rating in a research report on Saturday, January 24th. Jefferies Financial Group assumed coverage on shares of e.l.f. Beauty in a report on Wednesday, January 14th. They set a “buy” rating and a $110.00 target price on the stock. Deutsche Bank Aktiengesellschaft decreased their price target on shares of e.l.f. Beauty from $95.00 to $68.00 and set a “hold” rating for the company in a research report on Monday. Citigroup raised their price objective on e.l.f. Beauty from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Finally, Piper Sandler reduced their price objective on e.l.f. Beauty from $100.00 to $85.00 and set a “neutral” rating on the stock in a research note on Monday, December 22nd. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $117.19.

e.l.f. Beauty Stock Down 1.8%

Shares of NYSE:ELF opened at $61.16 on Wednesday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.89 and a current ratio of 2.76. e.l.f. Beauty has a 1 year low of $49.40 and a 1 year high of $150.99. The stock has a market capitalization of $3.61 billion, a P/E ratio of 34.55, a PEG ratio of 3.83 and a beta of 1.83. The stock has a 50-day simple moving average of $79.25 and a 200-day simple moving average of $93.29.

e.l.f. Beauty (NYSE:ELF) last posted its earnings results on Wednesday, February 4th. The company reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.52. e.l.f. Beauty had a net margin of 6.84% and a return on equity of 15.08%. The firm had revenue of $489.51 million during the quarter, compared to the consensus estimate of $461.78 million. During the same quarter in the prior year, the company earned $0.74 EPS. The company’s revenue was up 37.8% on a year-over-year basis. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. Equities analysts forecast that e.l.f. Beauty will post 2.38 earnings per share for the current year.

Insider Activity at e.l.f. Beauty

In other news, CEO Tarang Amin sold 52,880 shares of the business’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $62.64, for a total transaction of $3,312,403.20. Following the transaction, the chief executive officer directly owned 98,416 shares of the company’s stock, valued at approximately $6,164,778.24. The trade was a 34.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.90% of the company’s stock.

Institutional Trading of e.l.f. Beauty

A number of hedge funds have recently made changes to their positions in ELF. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of e.l.f. Beauty in the 4th quarter worth about $26,000. Hilton Head Capital Partners LLC acquired a new stake in shares of e.l.f. Beauty in the 4th quarter valued at about $32,000. EverSource Wealth Advisors LLC lifted its position in shares of e.l.f. Beauty by 97.0% during the second quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock worth $32,000 after purchasing an additional 128 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position 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. Finally, Arax Advisory Partners acquired a new position in e.l.f. Beauty in the fourth quarter worth about $41,000. Institutional investors and hedge funds own 92.44% of the company’s stock.

e.l.f. Beauty News Summary

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

• Positive Sentiment: Evercore initiated coverage with an “inline” rating and a $68 price target (roughly +11% from the current price), which brings new analyst attention and a defined near?term valuation floor that could attract buyers. Evercore ISI Group initiates coverage of e.l.f. Beauty (ELF) with in-line recommendation
• Positive Sentiment: Marketing push: e.l.f. launched a true?crime inspired mockumentary to promote its affordable positioning — a creative, low?cost campaign that can help drive brand awareness and traffic to its DTC and retail channels. E.l.f. promotes affordable beauty with true crime-inspired mockumentary
• Neutral Sentiment: Street attention: e.l.f. appeared on lists of recent analyst research calls (wider coverage can increase liquidity and volatility but not necessarily change fundamentals). Here Are Thursday’s Top Wall Street Analyst Research Calls
• Neutral Sentiment: Fundamentals reminder — e.l.f. reported a strong quarter in February (revenue and EPS beats) and set FY26 EPS guidance of $3.05–$3.10; that underpins medium?term expectations even as near?term sentiment swings. (No new earnings release in today’s items.)
• Negative Sentiment: Insider selling: CEO Tarang Amin sold 52,880 shares (~$3.3M) under a Rule 10b5?1 plan, reducing his holding by ~35% — large insider sales can be interpreted negatively by the market, even if pre?planned. SEC Form 4 — Tarang Amin sale
• Negative Sentiment: Short interest jumped ~21.4% in March — higher short exposure increases downside pressure and can amplify moves on negative headlines or weak trading days. e.l.f. Beauty (NYSE:ELF) Short Interest Up 21.4% in March

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.