e.l.f. Beauty’s (ELF) “Buy” Rating Reaffirmed at B. Riley Financial

e.l.f. Beauty (NYSE:ELF)‘s stock had its “buy” rating reaffirmed by research analysts at B. Riley Financial in a research report issued to clients and investors on Wednesday, Benzinga reports. They presently have a $115.00 price objective on the stock, up from their previous price objective of $100.00. B. Riley Financial’s target price suggests a potential upside of 21.50% from the company’s previous close.

A number of other research analysts have also recently commented on the stock. Sanford C. Bernstein increased their target price on shares of e.l.f. Beauty from $113.00 to $121.00 and gave the stock an “outperform” rating in a report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $64.00 price target on shares of e.l.f. Beauty in a report on Tuesday, June 16th. Raymond James Financial increased their price objective on shares of e.l.f. Beauty from $85.00 to $87.00 and gave the company a “strong-buy” rating in a research note on Tuesday, July 14th. B Riley restated a “buy” rating on shares of e.l.f. Beauty in a research report on Wednesday. Finally, Jefferies Financial Group boosted their target price on shares of e.l.f. Beauty from $72.00 to $100.00 and gave the stock a “buy” rating in a research note on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $96.75.

e.l.f. Beauty Stock Performance

Shares of e.l.f. Beauty stock traded down $0.82 during trading on Wednesday, reaching $94.65. The company’s stock had a trading volume of 411,238 shares, compared to its average volume of 2,690,867. The business’s 50-day moving average price is $91.44 and its 200-day moving average price is $74.47. The firm has a market cap of $5.59 billion, a PE ratio of 94.67, a P/E/G ratio of 3.00 and a beta of 1.60. e.l.f. Beauty has a 52 week low of $48.82 and a 52 week high of $150.99. The company has a quick ratio of 1.82, a current ratio of 2.55 and a debt-to-equity ratio of 0.69.

e.l.f. Beauty (NYSE:ELF) last released its quarterly earnings results on Wednesday, August 5th. The company reported $1.75 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $1.04. The business had revenue of $479.37 million for the quarter, compared to analyst estimates of $431.20 million. e.l.f. Beauty had a net margin of 3.38% and a return on equity of 14.07%. e.l.f. Beauty’s revenue for the quarter was up 35.5% compared to the same quarter last year. During the same period last year, the firm earned $0.89 earnings per share. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. Equities analysts forecast that e.l.f. Beauty will post 2.64 earnings per share for the current year.

Insider Buying and Selling at e.l.f. Beauty

In other e.l.f. Beauty news, Director Lauren Levitan sold 1,034 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $93.15, for a total transaction of $96,317.10. Following the sale, the director directly owned 10,516 shares of the company’s stock, valued at $979,565.40. The trade was a 8.95% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Joshua Franks sold 5,512 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $110.00, for a total transaction of $606,320.00. Following the sale, the senior vice president directly owned 138,797 shares in the company, valued at $15,267,670. The trade was a 3.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 116,223 shares of company stock worth $10,000,410 over the last quarter. Insiders own 3.50% of the company’s stock.

Institutional Trading of e.l.f. Beauty

A number of institutional investors and hedge funds have recently bought and sold shares of ELF. The Manufacturers Life Insurance Company increased its stake in shares of e.l.f. Beauty by 1.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 41,120 shares of the company’s stock valued at $3,043,000 after acquiring an additional 653 shares in the last quarter. Engineers Gate Manager LP bought a new position in e.l.f. Beauty during the second quarter worth $429,000. Integrated Wealth Concepts LLC bought a new position in e.l.f. Beauty during the second quarter worth $56,000. Nykredit A S acquired a new stake in e.l.f. Beauty in the second quarter worth $91,000. Finally, TD Waterhouse Canada Inc. increased its stake in e.l.f. Beauty by 31.8% in the second quarter. TD Waterhouse Canada Inc. now owns 1,779 shares of the company’s stock valued at $140,000 after purchasing an additional 429 shares in the last quarter. 92.44% of the stock is currently owned by institutional investors and hedge funds.

Key e.l.f. Beauty News

Here are the key news stories impacting e.l.f. Beauty this week:

• Positive Sentiment: Brazil expansion broadens e.l.f.’s international growth opportunity. e.l.f. Cosmetics launched exclusively at Sephora Brazil, making it the first mass color brand carried by Sephora in the country. The move adds a new market for the brand as international sales continue to expand. e.l.f. Cosmetics Launches in Brazil Exclusively with Sephora
• Positive Sentiment: Rhode’s Sephora Europe rollout could provide a meaningful sales contribution. Bank of America estimates the Rhode brand could generate as much as $200 million in annual sales through its European launch at Sephora, supporting e.l.f. Beauty’s broader portfolio transformation and global growth strategy. Rhode Launch in Sephora Europe Could Drive Up to $200 Million in Annual Sales
• Positive Sentiment: Analyst sentiment remains favorable. Bank of America raised its price target from $100 to $118 and maintained a Buy rating, while Citi also reiterated its Buy rating. The endorsements reflect confidence in e.l.f.’s brand portfolio, international expansion and growth prospects.
• Positive Sentiment: Growth-focused analysis remains supportive. Zacks highlighted e.l.f. Beauty as a strong growth stock, while other analysis cited robust growth and a transforming portfolio as justification for the premium valuation. Why e.l.f. Beauty Is a Strong Growth Stock
• Neutral Sentiment: Investors are also monitoring upcoming earnings expectations, with Zacks discussing e.l.f. Beauty among stocks that could benefit from positive earnings-estimate surprises.
• Negative Sentiment: Valuation and execution risk remain key concerns. With a high earnings multiple and a history of substantial share-price volatility, the stock requires continued strong sales growth and successful international launches. Any slowdown or weaker-than-expected returns from new markets could pressure the shares. Strong Growth and a Transforming Portfolio Justify the Premium

About e.l.f. Beauty

e.l.f. Beauty, Inc develops, markets and sells cosmetics, skin care and beauty products. Its portfolio includes e.l.f. Cosmetics, which offers makeup, skin care, tools and accessories, as well as brands such as Naturium, W3LL PEOPLE and Keys Soulcare. The company positions its products as accessible and affordable alternatives across a range of beauty categories.

Founded in 2004, e.l.f. Beauty distributes its products through mass retailers, specialty beauty stores, direct-to-consumer websites and other digital channels.