Robert W. Baird Lowers e.l.f. Beauty (NYSE:ELF) Price Target to $125.00

e.l.f. Beauty (NYSE:ELF) had its target price decreased by Robert W. Baird from $145.00 to $125.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Robert W. Baird’s price objective would suggest a potential upside of 69.78% from the stock’s current price.

A number of other equities analysts have also commented on the stock. Canaccord Genuity Group restated a “buy” rating and issued a $165.00 price objective on shares of e.l.f. Beauty in a research report on Tuesday, October 21st. Raymond James Financial increased their target price on shares of e.l.f. Beauty from $155.00 to $165.00 and gave the stock a “strong-buy” rating in a research note on Monday, October 20th. Jefferies Financial Group upped their price target on shares of e.l.f. Beauty from $135.00 to $150.00 and gave the stock a “buy” rating in a report on Tuesday, October 28th. Deutsche Bank Aktiengesellschaft lowered e.l.f. Beauty from a “buy” rating to a “hold” rating and lifted their price objective for the company from $121.00 to $128.00 in a research note on Tuesday, September 2nd. Finally, UBS Group upped their target price on e.l.f. Beauty from $112.00 to $150.00 and gave the stock a “buy” rating in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, e.l.f. Beauty currently has a consensus rating of “Moderate Buy” and a consensus target price of $126.80.

e.l.f. Beauty Price Performance

e.l.f. Beauty stock opened at $73.62 on Thursday. The firm has a market capitalization of $4.37 billion, a P/E ratio of 51.85, a PEG ratio of 1.78 and a beta of 1.61. e.l.f. Beauty has a one year low of $49.40 and a one year high of $150.99. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.70 and a quick ratio of 2.34. The business has a fifty day moving average price of $130.44 and a 200-day moving average price of $114.05.

e.l.f. Beauty (NYSE:ELF) last released its quarterly earnings data 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 for the quarter, compared to analyst estimates of $367.89 million. e.l.f. Beauty had a return on equity of 13.77% and a net margin of 5.90%.The firm’s revenue for the quarter was up 14.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.77 EPS. e.l.f. Beauty has set its FY 2026 guidance at 2.800-2.850 EPS. As a group, equities research analysts forecast that e.l.f. Beauty will post 2.38 EPS for the current year.

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

In other news, CEO Tarang Amin sold 116,315 shares of the stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $132.24, for a total transaction of $15,381,495.60. Following the transaction, the chief executive officer directly owned 81,818 shares in the company, valued at approximately $10,819,612.32. This represents a 58.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Scott Milsten sold 15,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $150.23, for a total value of $2,253,450.00. Following the completion of the sale, the insider owned 97,406 shares of the company’s stock, valued at $14,633,303.38. The trade was a 13.34% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 301,060 shares of company stock valued at $40,994,733. 3.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On e.l.f. Beauty

A number of large investors have recently bought and sold shares of the stock. Teacher Retirement System of Texas lifted its position in e.l.f. Beauty by 242.7% in the first quarter. Teacher Retirement System of Texas now owns 8,236 shares of the company’s stock valued at $517,000 after purchasing an additional 5,833 shares during the last quarter. M&T Bank Corp increased its stake in shares of e.l.f. Beauty by 13.2% in the first quarter. M&T Bank Corp now owns 9,016 shares of the company’s stock worth $566,000 after buying an additional 1,050 shares during the period. State of Michigan Retirement System raised its holdings in e.l.f. Beauty by 1.5% during the 1st quarter. State of Michigan Retirement System now owns 13,500 shares of the company’s stock valued at $848,000 after buying an additional 200 shares during the last quarter. Xponance Inc. boosted its position in e.l.f. Beauty by 2.3% during the 1st quarter. Xponance Inc. now owns 11,537 shares of the company’s stock valued at $724,000 after buying an additional 257 shares during the period. Finally, Caas Capital Management LP boosted its position in e.l.f. Beauty by 1,466.7% during the 1st quarter. Caas Capital Management LP now owns 4,700 shares of the company’s stock valued at $295,000 after buying an additional 4,400 shares during the period. 92.44% of the stock is owned by hedge funds and other institutional investors.

e.l.f. Beauty Company Profile

e.l.f. Beauty, Inc is a holding company, which engages in the provision of inclusive, accessible, clean, vegan and cruelty free cosmetics and skin care products. The company focuses on the e-commerce, national retailers and international business channels. Its brands include elf, elf skin, WELL People and KEYS soulcare.