Analysts Set e.l.f. Beauty (NYSE:ELF) PT at $119.13

Shares of e.l.f. Beauty (NYSE:ELF) have been given a consensus recommendation of “Moderate Buy” by the eighteen brokerages that are covering the stock, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold recommendation, eleven have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $119.1250.

ELF has been the topic of several recent research reports. JPMorgan Chase & Co. lifted their price target on shares of e.l.f. Beauty from $103.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. TD Cowen reduced their price objective on e.l.f. Beauty from $110.00 to $100.00 and set a “buy” rating for the company in a research note on Monday, February 9th. Robert W. Baird set a $115.00 target price on e.l.f. Beauty in a research report on Thursday, February 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of e.l.f. Beauty in a report on Wednesday, January 21st. Finally, Morgan Stanley set a $121.00 price target on e.l.f. Beauty in a research report on Thursday, November 6th.

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

A number of large investors have recently made changes to their positions in ELF. Pacer Advisors Inc. grew its position in e.l.f. Beauty by 80.6% during the 4th quarter. Pacer Advisors Inc. now owns 14,096 shares of the company’s stock worth $1,072,000 after purchasing an additional 6,291 shares in the last quarter. White Knight Strategic Wealth Advisors LLC acquired a new stake in shares of e.l.f. Beauty in the fourth quarter worth $290,000. Invesco Ltd. grew its holdings in shares of e.l.f. Beauty by 1.4% during the fourth quarter. Invesco Ltd. now owns 132,730 shares of the company’s stock valued at $10,093,000 after buying an additional 1,797 shares in the last quarter. State of Tennessee Department of Treasury grew its holdings in shares of e.l.f. Beauty by 24.8% during the fourth quarter. State of Tennessee Department of Treasury now owns 26,516 shares of the company’s stock valued at $2,016,000 after buying an additional 5,265 shares in the last quarter. Finally, XTX Topco Ltd acquired a new position in e.l.f. Beauty during the fourth quarter valued at $406,000. Institutional investors and hedge funds own 92.44% of the company’s stock.

e.l.f. Beauty Price Performance

Shares of e.l.f. Beauty stock opened at $91.79 on Monday. e.l.f. Beauty has a 52 week low of $49.40 and a 52 week high of $150.99. The company has a current ratio of 2.76, a quick ratio of 1.89 and a debt-to-equity ratio of 0.70. The stock has a market cap of $5.42 billion, a PE ratio of 51.86, a price-to-earnings-growth ratio of 7.95 and a beta of 1.71. The company’s 50-day moving average price is $84.51 and its two-hundred day moving average price is $102.18.

e.l.f. Beauty (NYSE:ELF) last announced its quarterly earnings data on Wednesday, February 4th. The company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.52. e.l.f. Beauty had a net margin of 6.84% and a return on equity of 15.08%. The company had revenue of $489.51 million for the quarter, compared to analysts’ expectations of $461.78 million. During the same quarter in the previous year, the company posted $0.74 EPS. The business’s revenue was up 37.8% compared to the same quarter last year. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. As a group, sell-side analysts anticipate that e.l.f. Beauty will post 2.38 EPS for the current fiscal year.

e.l.f. Beauty Company Profile

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.