e.l.f. Beauty (NYSE:ELF) Price Target Raised to $110.00

e.l.f. Beauty (NYSE:ELF) had its price target upped by TD Cowen from $100.00 to $110.00 in a research note released on Wednesday morning, MarketBeat reports. TD Cowen currently has a buy rating on the stock.

Several other research firms also recently commented on ELF. Wall Street Zen downgraded shares of e.l.f. Beauty from a “hold” rating to a “sell” rating in a research report on Thursday, January 15th. Jefferies Financial Group began coverage on e.l.f. Beauty in a report on Wednesday, January 14th. They issued a “buy” rating and a $110.00 target price for the company. JPMorgan Chase & Co. lowered their price target on e.l.f. Beauty from $137.00 to $103.00 and set an “overweight” rating on the stock in a report on Thursday, December 18th. Weiss Ratings restated a “hold (c)” rating on shares of e.l.f. Beauty in a research note on Wednesday, October 8th. Finally, Canaccord Genuity Group lowered their target price on shares of e.l.f. Beauty from $165.00 to $136.00 and set a “buy” rating on the stock in a research note on Thursday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, e.l.f. Beauty presently has a consensus rating of “Moderate Buy” and an average price target of $120.94.

e.l.f. Beauty Trading Up 0.6%

NYSE:ELF opened at $94.17 on Wednesday. The company has a market capitalization of $5.62 billion, a P/E ratio of 66.31, a P/E/G ratio of 8.90 and a beta of 1.73. The stock’s 50 day moving average price is $79.89 and its 200 day moving average price is $107.16. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.76 and a current ratio of 2.70. e.l.f. Beauty has a 52 week low of $49.40 and a 52 week high of $150.99.

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. e.l.f. Beauty had a net margin of 5.90% and a return on equity of 13.77%. The firm had revenue of $343.94 million during the quarter, compared to analysts’ expectations of $367.89 million. During the same period in the previous year, the company earned $0.77 earnings per share. The company’s revenue was up 14.2% compared to the same quarter last year. e.l.f. Beauty has set its FY 2026 guidance at 2.800-2.850 EPS. On average, research analysts forecast that e.l.f. Beauty will post 2.38 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in ELF. Marshall Wace LLP bought a new position in e.l.f. Beauty during the second quarter valued at about $118,058,000. Atreides Management LP acquired a new stake in shares of e.l.f. Beauty during the 2nd quarter worth approximately $61,479,000. Man Group plc bought a new stake in shares of e.l.f. Beauty during the second quarter valued at approximately $52,316,000. Woodline Partners LP acquired a new position in shares of e.l.f. Beauty in the third quarter valued at $52,613,000. Finally, American Century Companies Inc. raised its stake in shares of e.l.f. Beauty by 148.5% in the second quarter. American Century Companies Inc. now owns 490,928 shares of the company’s stock valued at $61,091,000 after purchasing an additional 293,369 shares in the last quarter. Institutional investors and hedge funds own 92.44% of the company’s stock.

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.