e.l.f. Beauty (NYSE:ELF – Get Free Report) had its price target dropped by UBS Group from $70.00 to $60.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the stock. UBS Group’s price objective suggests a potential upside of 13.24% from the stock’s current price.
Several other equities analysts have also issued reports on the stock. JPMorgan Chase & Co. dropped their target price on shares of e.l.f. Beauty from $85.00 to $80.00 and set an “overweight” rating on the stock in a report on Thursday. Canaccord Genuity Group dropped their target price on shares of e.l.f. Beauty from $100.00 to $90.00 and set a “buy” rating on the stock in a report on Thursday. Morgan Stanley dropped their target price on shares of e.l.f. Beauty from $67.00 to $59.00 and set an “equal weight” rating on the stock in a report on Thursday. Robert W. Baird dropped their price objective on shares of e.l.f. Beauty from $115.00 to $90.00 and set an “outperform” rating on the stock in a report on Tuesday, April 28th. Finally, Deutsche Bank Aktiengesellschaft set a $65.00 price objective on shares of e.l.f. Beauty in a report on Thursday, May 14th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $88.38.
Read Our Latest Research Report on e.l.f. Beauty
e.l.f. Beauty Trading Up 4.5%
e.l.f. Beauty (NYSE:ELF – Get Free Report) last released its earnings results on Wednesday, May 20th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.03. The business had revenue of $449.29 million for the quarter, compared to analyst estimates of $423.06 million. e.l.f. Beauty had a net margin of 6.84% and a return on equity of 15.08%. e.l.f. Beauty’s revenue for the quarter was up 35.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.78 earnings per share. e.l.f. Beauty has set its FY 2027 guidance at 3.270-3.320 EPS. On average, sell-side analysts predict that e.l.f. Beauty will post 1.88 earnings per share for the current fiscal year.
Insiders Place Their Bets
In related news, CEO Tarang Amin sold 41,520 shares of the business’s stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $63.66, for a total value of $2,643,163.20. Following the completion of the sale, the chief executive officer directly owned 112,690 shares of the company’s stock, valued at $7,173,845.40. The trade was a 26.92% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Scott Milsten sold 23,797 shares of the business’s stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $63.66, for a total value of $1,514,917.02. Following the completion of the sale, the insider directly owned 114,940 shares of the company’s stock, valued at $7,317,080.40. The trade was a 17.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 210,013 shares of company stock worth $13,315,490 over the last three months. Insiders own 3.90% of the company’s stock.
Institutional Investors Weigh In On e.l.f. Beauty
Institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of e.l.f. Beauty by 2.6% in the 4th quarter. Vanguard Group Inc. now owns 5,487,304 shares of the company’s stock worth $417,255,000 after acquiring an additional 140,258 shares during the last quarter. SG Americas Securities LLC raised its holdings in shares of e.l.f. Beauty by 1,967.8% in the 4th quarter. SG Americas Securities LLC now owns 155,253 shares of the company’s stock worth $11,805,000 after acquiring an additional 147,745 shares during the last quarter. Jacobson & Schmitt Advisors LLC raised its holdings in shares of e.l.f. Beauty by 34.5% in the 4th quarter. Jacobson & Schmitt Advisors LLC now owns 188,924 shares of the company’s stock worth $14,366,000 after acquiring an additional 48,504 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of e.l.f. Beauty by 138,082.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 276,364 shares of the company’s stock worth $21,015,000 after acquiring an additional 276,164 shares during the last quarter. Finally, Tran Capital Management L.P. raised its holdings in shares of e.l.f. Beauty by 29.2% in the 4th quarter. Tran Capital Management L.P. now owns 72,515 shares of the company’s stock worth $5,514,000 after acquiring an additional 16,383 shares during the last quarter. Institutional investors and hedge funds own 92.44% of the company’s stock.
e.l.f. Beauty News Roundup
Here are the key news stories impacting e.l.f. Beauty this week:
- Positive Sentiment: e.l.f. Beauty beat Wall Street’s Q4 expectations, posting EPS of $0.32 versus $0.29 expected and revenue of $449.3 million versus $423.1 million expected. Sales rose 35.1% year over year, helped by strong momentum from Rhode and continued growth across its brand portfolio. Article Title
- Positive Sentiment: Several reports noted the stock jumped in premarket trading and rallied after the earnings beat, reflecting investor enthusiasm for the company’s growth rate and brand strength. Article Title
- Neutral Sentiment: Analysts cut some price targets after the results, but most maintained bullish ratings, suggesting confidence in the long-term story even as expectations were reset. Article Title
- Neutral Sentiment: Management also highlighted that all five brands grew and that fiscal 2026 marked the seventh straight year of net sales and market share growth, supporting the investment case for the business. Article Title
- Negative Sentiment: The bigger concern is guidance: e.l.f. Beauty’s FY2027 EPS outlook of $3.27-$3.32 came in below the Street’s $3.37 estimate, and revenue guidance of $1.8 billion-$1.9 billion also disappointed. Management said higher operating costs and softer consumer demand are pressuring margins. Article Title
- Negative Sentiment: The company also said it may roll back some tariff-related price increases to support unit sales, which signals a more cautious near-term consumer backdrop. Article Title
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.
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