Equities analysts forecast that e.l.f. Beauty Inc (NYSE:ELF) will report earnings of $0.15 per share for the current fiscal quarter, Zacks reports. Seven analysts have issued estimates for e.l.f. Beauty’s earnings. The highest EPS estimate is $0.17 and the lowest is $0.13. e.l.f. Beauty reported earnings per share of $0.30 during the same quarter last year, which indicates a negative year over year growth rate of 50%. The company is scheduled to announce its next quarterly earnings results on Tuesday, February 25th.

According to Zacks, analysts expect that e.l.f. Beauty will report full year earnings of $0.48 per share for the current year, with EPS estimates ranging from $0.47 to $0.52. For the next fiscal year, analysts forecast that the company will post earnings of $0.54 per share, with EPS estimates ranging from $0.49 to $0.60. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that cover e.l.f. Beauty.

e.l.f. Beauty (NYSE:ELF) last issued its earnings results on Wednesday, November 6th. The company reported $0.15 EPS for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.11. The company had revenue of $67.60 million during the quarter, compared to the consensus estimate of $61.07 million. e.l.f. Beauty had a return on equity of 8.09% and a net margin of 0.73%. e.l.f. Beauty’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.17 earnings per share.

ELF has been the subject of a number of analyst reports. JPMorgan Chase & Co. boosted their price objective on e.l.f. Beauty from $21.00 to $22.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. DA Davidson set a $21.00 price objective on e.l.f. Beauty and gave the stock a “buy” rating in a research note on Thursday, August 22nd. Morgan Stanley increased their target price on e.l.f. Beauty from $17.50 to $19.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. Piper Jaffray Companies raised their target price on e.l.f. Beauty from $16.00 to $18.00 and gave the company a “neutral” rating in a research note on Monday, September 23rd. Finally, Wells Fargo & Co boosted their price target on shares of e.l.f. Beauty from $12.00 to $13.00 and gave the company an “underperform” rating in a report on Tuesday, October 15th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company. e.l.f. Beauty currently has a consensus rating of “Hold” and a consensus target price of $17.60.

Shares of e.l.f. Beauty stock traded up $0.35 on Friday, reaching $15.26. 801,447 shares of the company were exchanged, compared to its average volume of 707,152. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.03 and a current ratio of 3.12. The company’s 50-day moving average is $16.90 and its two-hundred day moving average is $15.82. The firm has a market cap of $778.98 million, a price-to-earnings ratio of 34.68, a P/E/G ratio of 16.19 and a beta of 2.32. e.l.f. Beauty has a 1-year low of $6.70 and a 1-year high of $19.96.

In related news, CEO Tarang Amin sold 22,753 shares of the stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $17.00, for a total value of $386,801.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Elena Gomez sold 4,500 shares of the firm’s stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $77.53, for a total value of $348,885.00. Over the last quarter, insiders have sold 3,846,280 shares of company stock valued at $61,318,134. Insiders own 17.10% of the company’s stock.

A number of hedge funds have recently made changes to their positions in ELF. Atria Investments LLC bought a new position in shares of e.l.f. Beauty in the second quarter worth $1,282,000. Oppenheimer Asset Management Inc. acquired a new position in shares of e.l.f. Beauty during the third quarter valued at $140,000. Aperio Group LLC bought a new stake in shares of e.l.f. Beauty during the second quarter valued at about $28,000. California Public Employees Retirement System raised its stake in shares of e.l.f. Beauty by 9.6% during the third quarter. California Public Employees Retirement System now owns 106,061 shares of the company’s stock valued at $1,857,000 after purchasing an additional 9,248 shares in the last quarter. Finally, Morgan Stanley raised its stake in shares of e.l.f. Beauty by 354.0% during the second quarter. Morgan Stanley now owns 20,594 shares of the company’s stock valued at $289,000 after purchasing an additional 16,058 shares in the last quarter. Institutional investors own 83.26% of the company’s stock.

About e.l.f. Beauty

e.l.f. Beauty, Inc, a beauty company, provides cosmetic and skin care products under the e.l.f. brand name worldwide. The company offers eye, lip, face, and skin care products, as well as kits and tools. It sells its products through national and international retailers and direct-to-consumer channels, which include e-commerce and e.l.f.

Recommended Story: What is an investor looking for in an SEC filing?

Get a free copy of the Zacks research report on e.l.f. Beauty (ELF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for e.l.f. Beauty (NYSE:ELF)

Receive News & Ratings for e.l.f. Beauty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for e.l.f. Beauty and related companies with MarketBeat.com's FREE daily email newsletter.