e.l.f. Beauty (NYSE:ELF) Rating Increased to Hold at Sanford C. Bernstein

Sanford C. Bernstein upgraded shares of e.l.f. Beauty (NYSE:ELF) to a hold rating in a research report released on Thursday,Zacks.com reports.

A number of other equities research analysts have also weighed in on ELF. Piper Sandler reiterated a “neutral” rating on shares of e.l.f. Beauty in a research note on Friday. Morgan Stanley decreased their target price on shares of e.l.f. Beauty from $67.00 to $59.00 and set an “equal weight” rating for the company in a research note on Thursday, May 21st. Citigroup decreased their target price on shares of e.l.f. Beauty from $115.00 to $87.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. Jefferies Financial Group decreased their target price on shares of e.l.f. Beauty from $85.00 to $70.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. Finally, B. Riley Financial decreased their target price on shares of e.l.f. Beauty from $130.00 to $70.00 and set a “buy” rating for the company in a research note on Tuesday, May 26th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, e.l.f. Beauty currently has a consensus rating of “Moderate Buy” and a consensus price target of $78.38.

e.l.f. Beauty Price Performance

Shares of ELF opened at $61.40 on Thursday. The firm has a market cap of $3.65 billion, a PE ratio of 133.47, a P/E/G ratio of 2.49 and a beta of 1.63. The company has a current ratio of 2.35, a quick ratio of 1.69 and a debt-to-equity ratio of 0.72. The firm has a fifty day simple moving average of $59.44 and a two-hundred day simple moving average of $72.85. e.l.f. Beauty has a 1-year low of $48.82 and a 1-year high of $150.99.

e.l.f. Beauty (NYSE:ELF) last announced its earnings results on Wednesday, May 20th. The company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.03. The business had revenue of $449.29 million during the quarter, compared to analyst estimates of $423.06 million. e.l.f. Beauty had a net margin of 1.61% and a return on equity of 11.02%. The company’s quarterly revenue was up 35.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.78 EPS. e.l.f. Beauty has set its FY 2027 guidance at 3.270-3.320 EPS. On average, equities analysts anticipate that e.l.f. Beauty will post 2.41 EPS for the current year.

Insider Transactions at e.l.f. Beauty

In other news, insider Jennifer Catherine Hartnett sold 4,352 shares of the company’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $51.53, for a total value of $224,258.56. Following the completion of the sale, the insider directly owned 54,056 shares in the company, valued at $2,785,505.68. This represents a 7.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Joshua Allen Franks sold 3,505 shares of the company’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $51.53, for a total value of $180,612.65. Following the completion of the sale, the senior vice president owned 150,027 shares of the company’s stock, valued at $7,730,891.31. This trade represents a 2.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 256,347 shares of company stock worth $15,713,592 over the last three months. 3.90% of the stock is currently owned by insiders.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC boosted its holdings in e.l.f. Beauty by 97.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock worth $32,000 after buying an additional 128 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in e.l.f. Beauty by 58.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock worth $39,000 after buying an additional 117 shares during the period. Migdal Insurance & Financial Holdings Ltd. bought a new position in e.l.f. Beauty in the 4th quarter worth $26,000. Hilton Head Capital Partners LLC bought a new position in e.l.f. Beauty in the 4th quarter worth $32,000. Finally, Johnson Financial Group Inc. bought a new position in e.l.f. Beauty in the 3rd quarter worth $64,000. 92.44% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting e.l.f. Beauty

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

• Positive Sentiment: Options activity was unusually bullish, with call buying running about 50% above average, suggesting some traders are positioning for an upside move in e.l.f. Beauty. Source article
• Positive Sentiment: A bullish thesis highlighted by outside commentators argues that ELF may be attractive at recent prices, pointing to a potential rebound after the stock’s pullback. Article link
• Neutral Sentiment: Analyst coverage remains mixed but constructive overall, with a consensus rating of Moderate Buy and a consensus target price above the current share level, though several firms have recently cut targets. Article link
• Neutral Sentiment: Multiple executives and insiders sold shares at about $51.53, including CEO Tarang Amin and several senior leaders. The transactions were disclosed in SEC filings and may reflect routine selling, but they still add caution around near-term sentiment. SEC filing
• Negative Sentiment: The broad cluster of insider sales could weigh on e.l.f. Beauty stock, as investors may view repeated trimming by top executives as a sign of limited near-term upside or caution about the business outlook. SEC filing

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.