e.l.f. Beauty (NYSE:ELF) Stock Price Target Raised at UBS Group

e.l.f. Beauty (NYSE:ELF) had its target price hoisted by analysts at UBS Group from $116.00 to $129.00 in a note issued to investors on Thursday, Benzinga reports. The firm currently has a “neutral” rating on the stock. UBS Group‘s target price suggests a potential upside of 17.11% from the stock’s current price.

ELF has been the subject of a number of other reports. Canaccord Genuity Group raised their price objective on shares of e.l.f. Beauty from $123.00 to $137.00 and gave the company a “buy” rating in a research report on Thursday, October 22nd. Citigroup upped their target price on shares of e.l.f. Beauty from $130.00 to $139.00 and gave the stock a “buy” rating in a report on Thursday. TD Cowen started coverage on shares of e.l.f. Beauty in a research note on Friday, October 30th. They issued a “strong-buy” rating on the stock. Sanford C. Bernstein increased their target price on shares of e.l.f. Beauty from $121.00 to $127.00 and gave the stock an “outperform” rating in a research note on Thursday, September 17th. Finally, Wall Street Zen raised shares of e.l.f. Beauty from a “hold” rating to a “buy” rating in a report on Saturday, October 31st. Three investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, e.l.f. Beauty has an average rating of “Moderate Buy” and a consensus price target of $117.50.

e.l.f. Beauty Price Performance

ELF traded down $3.48 during trading on Thursday, reaching $110.15. 3,152,489 shares of the company were exchanged, compared to its average volume of 2,466,204. e.l.f. Beauty has a 12-month low of $48.82 and a 12-month high of $123.13. The company’s 50-day moving average is $106.07 and its two-hundred day moving average is $82.04. The company has a quick ratio of 1.82, a current ratio of 2.55 and a debt-to-equity ratio of 0.69. The company has a market cap of $6.50 billion, a price-to-earnings ratio of 110.15, a P/E/G ratio of 2.93 and a beta of 1.61.

e.l.f. Beauty (NYSE:ELF) last posted its earnings results on Wednesday, November 4th. The company reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.61. e.l.f. Beauty had a return on equity of 14.07% and a net margin of 3.38%. The business had revenue of $520.82 million during the quarter, compared to analyst estimates of $473.51 million. During the same quarter in the previous year, the firm earned $0.68 EPS. The company’s quarterly revenue was up 51.4% compared to the same quarter last year. Research analysts forecast that e.l.f. Beauty will post 2.69 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, SVP Joshua Franks sold 8,366 shares of e.l.f. Beauty stock in a transaction dated Monday, October 12th. The stock was sold at an average price of $110.01, for a total transaction of $920,343.66. Following the completion of the sale, the senior vice president owned 126,931 shares in the company, valued at approximately $13,963,679.31. This trade represents a 6.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Mandy Fields sold 16,065 shares of the business’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $104.52, for a total value of $1,679,113.80. Following the transaction, the insider directly owned 90,896 shares of the company’s stock, valued at $9,500,449.92. The trade was a 15.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 91,821 shares of company stock valued at $9,624,513 over the last 90 days. 3.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of ELF. BlackRock Inc. bought a new stake in e.l.f. Beauty during the second quarter valued at approximately $428,262,000. State Street Corp grew its stake in e.l.f. Beauty by 4.2% in the 2nd quarter. State Street Corp now owns 1,874,997 shares of the company’s stock worth $138,647,000 after buying an additional 75,842 shares in the last quarter. Primecap Management Co. CA bought a new position in shares of e.l.f. Beauty in the 2nd quarter worth $78,202,000. Prime Capital Management Co Ltd bought a new position in shares of e.l.f. Beauty in the 2nd quarter worth $44,736,000. Finally, Bank of America Corp DE increased its holdings in shares of e.l.f. Beauty by 45.9% in the 1st quarter. Bank of America Corp DE now owns 418,431 shares of the company’s stock worth $25,361,000 after buying an additional 131,572 shares during the last quarter. 92.44% of the stock is currently owned by institutional investors.

e.l.f. Beauty News Roundup

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

• Positive Sentiment: Sales rose 51% year over year to $520.8 million, beating analyst expectations of about $473.5 million. Adjusted earnings of $1.21 per share also topped estimates near $0.60, and the company marked its 31st consecutive quarter of sales growth. e.l.f. Beauty fiscal 2027 results
• Positive Sentiment: Management raised its full-year net sales growth outlook to 22%–24%, citing momentum across its portfolio. Higher guidance following a substantial earnings and revenue beat may support expectations for continued growth. e.l.f. Beauty posts sales increase and raises guidance
• Positive Sentiment: Citigroup raised its price target from $130 to $139 and maintained a Buy rating; JPMorgan raised its target from $130 to $135 and maintained an Overweight rating. Both actions signal continued analyst confidence after the results.
• Neutral Sentiment: Piper Sandler raised its target from $100 to $110 but kept a Neutral rating, indicating a more cautious view than the other analyst updates.

e.l.f. Beauty Company Profile

e.l.f. Beauty, Inc is a cosmetics and skincare company that develops, markets and sells beauty products under a portfolio of brands. Its offerings include makeup, skin care, hair care and other personal-care products designed to provide accessible, trend-focused beauty options across a range of categories.

The company’s portfolio includes e.l.f. Cosmetics, Well People, Keys Soulcare and Naturium. Its products are sold through mass retailers, specialty beauty stores, e-commerce platforms and the brands’ direct-to-consumer websites.