e.l.f. Beauty (NYSE:ELF) Given New $68.00 Price Target at Deutsche Bank Aktiengesellschaft

e.l.f. Beauty (NYSE:ELF) had its price objective reduced by stock analysts at Deutsche Bank Aktiengesellschaft from $95.00 to $68.00 in a report issued on Monday,Benzinga reports. The firm presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential upside of 12.37% from the company’s previous close.

Other equities research analysts also recently issued reports about the company. Wall Street Zen upgraded e.l.f. Beauty from a “sell” rating to a “hold” rating in a report on Saturday, January 24th. Robert W. Baird set a $115.00 price target on e.l.f. Beauty in a report on Thursday, February 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of e.l.f. Beauty in a research report on Wednesday, January 21st. Citigroup lifted their price objective on shares of e.l.f. Beauty from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Finally, UBS Group increased their target price on shares of e.l.f. Beauty from $98.00 to $102.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $120.47.

e.l.f. Beauty Trading Down 0.9%

Shares of NYSE ELF traded down $0.54 during midday trading on Monday, reaching $60.51. The stock had a trading volume of 926,932 shares, compared to its average volume of 2,181,788. The company’s 50 day moving average price is $81.67 and its 200 day moving average price is $94.81. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.89 and a current ratio of 2.76. e.l.f. Beauty has a twelve month low of $49.40 and a twelve month high of $150.99. The firm has a market cap of $3.57 billion, a price-to-earnings ratio of 34.25, a price-to-earnings-growth ratio of 5.13 and a beta of 1.67.

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

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

A number of hedge funds have recently added to or reduced their stakes in ELF. Marshall Wace LLP purchased a new stake in shares of e.l.f. Beauty in the second quarter valued at about $118,058,000. BNP Paribas Financial Markets grew its position in e.l.f. Beauty by 3,131.7% in the 4th quarter. BNP Paribas Financial Markets now owns 924,902 shares of the company’s stock worth $70,330,000 after purchasing an additional 896,282 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in e.l.f. Beauty by 47.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,197,319 shares of the company’s stock worth $167,086,000 after purchasing an additional 711,540 shares in the last quarter. Swedbank AB increased its stake in e.l.f. Beauty by 97.0% in the 4th quarter. Swedbank AB now owns 1,364,801 shares of the company’s stock valued at $103,779,000 after buying an additional 672,071 shares during the last quarter. Finally, Armistice Capital LLC increased its stake in e.l.f. Beauty by 394.9% in the 4th quarter. Armistice Capital LLC now owns 657,983 shares of the company’s stock valued at $50,033,000 after buying an additional 525,018 shares during 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.