e.l.f. Beauty Inc (NYSE:ELF) has received a consensus rating of “Buy” from the eight brokerages that are currently covering the company. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $29.33.

ELF has been the subject of a number of analyst reports. JPMorgan Chase & Co. initiated coverage on shares of e.l.f. Beauty in a research report on Monday, October 17th. They issued a “neutral” rating and a $28.00 target price for the company. Stifel Nicolaus initiated coverage on shares of e.l.f. Beauty in a research report on Monday, October 17th. They issued a “hold” rating and a $25.00 target price for the company. Piper Jaffray Cos. initiated coverage on shares of e.l.f. Beauty in a research report on Monday, October 17th. They issued an “overweight” rating and a $30.00 target price for the company. Wells Fargo & Co. initiated coverage on shares of e.l.f. Beauty in a research report on Monday, October 17th. They issued a “market perform” rating for the company. Finally, William Blair reaffirmed an “outperform” rating on shares of e.l.f. Beauty in a research report on Monday, October 17th.

e.l.f. Beauty (NYSE:ELF) traded up 3.40% on Monday, hitting $30.39. 183,836 shares of the stock traded hands. e.l.f. Beauty has a 52 week low of $23.73 and a 52 week high of $31.10. The firm’s 50 day moving average is $26.92 and its 200 day moving average is $26.77. The stock’s market cap is $1.38 billion.

e.l.f. Beauty (NYSE:ELF) last released its earnings results on Thursday, November 10th. The company reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.08. The business earned $56.30 million during the quarter, compared to the consensus estimate of $53.95 million. The firm’s quarterly revenue was up 10.8% compared to the same quarter last year. Equities analysts anticipate that e.l.f. Beauty will post $0.31 earnings per share for the current year.

In other news, major shareholder Cosmetics Corp. J.A. sold 1,457,901 shares of the firm’s stock in a transaction dated Tuesday, September 27th. The shares were sold at an average price of $15.81, for a total transaction of $23,049,414.81. Following the completion of the sale, the insider now owns 8,279,999 shares in the company, valued at approximately $130,906,784.19. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

About e.l.f. Beauty

e.l.f. Beauty, Inc is a holding company that offers its services in the cosmetics category. The Company’s cosmetics category consists of face makeup, eye makeup, lip products, nail products and cosmetics sets/kits, and excludes beauty tools and accessories, such as brushes and applicators. It offers various brands in the cosmetics industry.

5 Day Chart for NYSE:ELF

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