News stories about e.l.f. Beauty (NYSE:ELF) have trended somewhat positive on Sunday, according to Accern Sentiment. Accern identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. e.l.f. Beauty earned a coverage optimism score of 0.25 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.4008095326581 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:

ELF has been the topic of a number of recent research reports. Zacks Investment Research raised e.l.f. Beauty from a “sell” rating to a “hold” rating in a research report on Monday, May 29th. Jefferies Group LLC initiated coverage on e.l.f. Beauty in a research report on Friday, June 2nd. They issued a “buy” rating and a $30.00 target price on the stock. Piper Jaffray Companies set a $34.00 target price on e.l.f. Beauty and gave the company a “buy” rating in a research report on Saturday, June 10th. BMO Capital Markets reissued an “outperform” rating and issued a $38.00 target price on shares of e.l.f. Beauty in a research report on Monday, June 12th. Finally, Cowen and Company reissued an “outperform” rating and issued a $34.00 target price on shares of e.l.f. Beauty in a research report on Monday, June 12th. Five analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. e.l.f. Beauty presently has a consensus rating of “Buy” and an average price target of $30.59.

Shares of e.l.f. Beauty (NYSE:ELF) traded down 0.20% during midday trading on Friday, reaching $20.30. The company had a trading volume of 846,499 shares. The stock’s 50 day moving average is $20.12 and its 200-day moving average is $23.55. e.l.f. Beauty has a 12-month low of $19.11 and a 12-month high of $32.54. The stock’s market capitalization is $935.83 million.

e.l.f. Beauty (NYSE:ELF) last announced its quarterly earnings results on Wednesday, August 9th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.07. The business had revenue of $55.90 million for the quarter, compared to analyst estimates of $55.73 million. e.l.f. Beauty had a return on equity of 10.54% and a net margin of 4.16%. The company’s revenue was up 26.8% on a year-over-year basis. On average, equities research analysts predict that e.l.f. Beauty will post $0.46 earnings per share for the current fiscal year.

In other news, insider John P. Bailey sold 33,334 shares of the firm’s stock in a transaction that occurred on Wednesday, June 21st. The stock was sold at an average price of $26.32, for a total value of $877,350.88. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Tarang Amin sold 47,380 shares of the firm’s stock in a transaction that occurred on Monday, June 19th. The shares were sold at an average price of $26.09, for a total value of $1,236,144.20. The disclosure for this sale can be found here. In the last quarter, insiders sold 177,237 shares of company stock worth $4,586,569. Corporate insiders own 16.50% of the company’s stock.

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e.l.f. Beauty Company Profile

e.l.f. Beauty, Inc, formerly J.A. Cosmetics Holdings, Inc, is a cosmetic company. The Company conducts its business under the name e.l.f. Cosmetics, and offers products for eyes, lips and face to consumers through its retail customers, e.l.f. stores and e-commerce channels. The Company offers a range of products for eyes, such as eyeshadow, eyeliner, mascara and eyelashes, eyebrows, concealer and primer, brushes and tools, and sets and palettes.

Insider Buying and Selling by Quarter for e.l.f. Beauty (NYSE:ELF)

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