e.l.f. Beauty (NYSE:ELF) Coverage Initiated at Jefferies Financial Group

Equities researchers at Jefferies Financial Group started coverage on shares of e.l.f. Beauty (NYSE:ELF) in a research note issued on Wednesday, MarketBeat.com reports. The brokerage set a “buy” rating and a $110.00 price target on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 22.63% from the company’s previous close.

ELF has been the topic of a number of other research reports. Robert W. Baird decreased their target price on shares of e.l.f. Beauty from $145.00 to $125.00 and set an “outperform” rating on the stock in a research report on Thursday, November 6th. UBS Group reduced their price target on e.l.f. Beauty from $105.00 to $98.00 and set a “neutral” rating on the stock in a research note on Wednesday. Weiss Ratings restated a “hold (c)” rating on shares of e.l.f. Beauty in a report on Wednesday, October 8th. The Goldman Sachs Group dropped their target price on e.l.f. Beauty from $155.00 to $135.00 and set a “buy” rating for the company in a research note on Friday, November 7th. Finally, Wall Street Zen downgraded e.l.f. Beauty from a “hold” rating to a “sell” rating in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, e.l.f. Beauty presently has an average rating of “Moderate Buy” and an average target price of $122.40.

e.l.f. Beauty Stock Up 0.6%

ELF opened at $89.70 on Wednesday. The firm has a market cap of $5.35 billion, a P/E ratio of 63.18, a PEG ratio of 8.20 and a beta of 1.73. The business’s fifty day simple moving average is $78.03 and its 200 day simple moving average is $108.66. e.l.f. Beauty has a 52 week low of $49.40 and a 52 week high of $150.99. The company has a quick ratio of 1.76, a current ratio of 2.70 and a debt-to-equity ratio of 0.73.

e.l.f. Beauty (NYSE:ELF) last released its earnings results 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 net margin of 5.90% and a return on equity of 13.77%. The firm’s quarterly revenue was up 14.2% on a year-over-year basis. During the same period in the prior year, the firm earned $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 anticipate that e.l.f. Beauty will post 2.38 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. White Wing Wealth Management increased its stake in e.l.f. Beauty by 67.9% during the fourth quarter. White Wing Wealth Management now owns 7,402 shares of the company’s stock worth $563,000 after acquiring an additional 2,993 shares during the last quarter. Congress Asset Management Co. lifted its stake in shares of e.l.f. Beauty by 4.0% in the 4th quarter. Congress Asset Management Co. now owns 370,936 shares of the company’s stock valued at $28,206,000 after purchasing an additional 14,387 shares in the last quarter. SG Americas Securities LLC grew its holdings in shares of e.l.f. Beauty by 1,967.8% during the 4th quarter. SG Americas Securities LLC now owns 155,253 shares of the company’s stock worth $11,805,000 after purchasing an additional 147,745 shares during the period. Sarasin & Partners LLP grew its holdings in shares of e.l.f. Beauty by 21.8% during the 4th quarter. Sarasin & Partners LLP now owns 54,849 shares of the company’s stock worth $4,171,000 after purchasing an additional 9,808 shares during the period. Finally, Miller Global Investments LLC acquired a new stake in e.l.f. Beauty during the 4th quarter worth approximately $345,000. 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.