Wall Street Zen Upgrades e.l.f. Beauty (NYSE:ELF) to Hold

e.l.f. Beauty (NYSE:ELF) was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued on Wednesday.

Other equities analysts have also issued research reports about the company. Zacks Research lowered e.l.f. Beauty from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 11th. Morgan Stanley set a $121.00 target price on e.l.f. Beauty in a research report on Thursday, November 6th. The Goldman Sachs Group decreased their price target on e.l.f. Beauty from $155.00 to $135.00 and set a “buy” rating on the stock in a research note on Friday, November 7th. Raymond James Financial lifted their price target on shares of e.l.f. Beauty from $155.00 to $165.00 and gave the company a “strong-buy” rating in a research report on Monday, October 20th. Finally, Piper Sandler reduced their price target on shares of 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, ten have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $123.53.

e.l.f. Beauty Stock Up 4.8%

e.l.f. Beauty stock opened at $86.08 on Wednesday. e.l.f. Beauty has a fifty-two week low of $49.40 and a fifty-two week high of $150.99. The company has a market cap of $5.13 billion, a PE ratio of 60.62, a PEG ratio of 7.81 and a beta of 1.73. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.76 and a current ratio of 2.70. The business’s 50-day simple moving average is $80.42 and its two-hundred day simple moving average is $109.95.

e.l.f. Beauty (NYSE:ELF) last posted its earnings results on Wednesday, November 5th. The company reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.11. The company had revenue of $343.94 million during the quarter, compared to the consensus estimate of $367.89 million. e.l.f. Beauty had a net margin of 5.90% and a return on equity of 13.77%. The firm’s quarterly revenue was up 14.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.77 earnings per share. e.l.f. Beauty has set its FY 2026 guidance at 2.800-2.850 EPS. Equities analysts anticipate that e.l.f. Beauty will post 2.38 EPS for the current year.

Institutional Investors Weigh In On e.l.f. Beauty

Several large investors have recently modified their holdings of ELF. Whittier Trust Co. of Nevada Inc. grew its stake in e.l.f. Beauty by 29.3% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 384 shares of the company’s stock worth $52,000 after acquiring an additional 87 shares during the period. Louisiana State Employees Retirement System lifted its position in e.l.f. Beauty by 0.6% during the second quarter. Louisiana State Employees Retirement System now owns 15,900 shares of the company’s stock worth $1,979,000 after buying an additional 100 shares during the period. Securian Asset Management Inc. grew its holdings in e.l.f. Beauty by 2.4% in the 2nd quarter. Securian Asset Management Inc. now owns 4,327 shares of the company’s stock valued at $538,000 after buying an additional 100 shares during the period. State of Michigan Retirement System increased its stake in shares of e.l.f. Beauty by 0.7% during the 2nd quarter. State of Michigan Retirement System now owns 13,600 shares of the company’s stock valued at $1,692,000 after acquiring an additional 100 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al lifted its holdings in shares of e.l.f. Beauty by 1.9% during the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 5,426 shares of the company’s stock worth $719,000 after acquiring an additional 100 shares during the period. 92.44% of the stock is owned by institutional investors and hedge funds.

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.