e.l.f. Beauty (NYSE:ELF) Raised to Hold at Evercore

e.l.f. Beauty (NYSE:ELF) was upgraded by stock analysts at Evercore to a “hold” rating in a note issued to investors on Wednesday,Zacks.com reports.

ELF has been the subject of a number of other reports. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of e.l.f. Beauty from $95.00 to $68.00 and set a “hold” rating for the company in a research note on Monday. TD Cowen reduced their target price on e.l.f. Beauty from $110.00 to $100.00 and set a “buy” rating on the stock in a research note on Monday, February 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of e.l.f. Beauty in a report on Wednesday, January 21st. Robert W. Baird set a $115.00 price target on e.l.f. Beauty in a research report on Thursday, February 5th. Finally, Wall Street Zen raised e.l.f. Beauty from a “sell” rating to a “hold” rating in a report on Saturday, January 24th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $117.19.

e.l.f. Beauty Trading Down 1.8%

Shares of ELF stock opened at $61.16 on Wednesday. e.l.f. Beauty has a fifty-two week low of $49.40 and a fifty-two week high of $150.99. The stock has a market cap of $3.61 billion, a P/E ratio of 34.55, a P/E/G ratio of 3.83 and a beta of 1.83. The business has a fifty day simple moving average of $79.25 and a 200-day simple moving average of $93.29. The company has a quick ratio of 1.89, a current ratio of 2.76 and a debt-to-equity ratio of 0.70.

e.l.f. Beauty (NYSE:ELF) last posted its earnings results on Wednesday, February 4th. The company reported $1.24 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.52. The firm had revenue of $489.51 million during the quarter, compared to the consensus estimate of $461.78 million. e.l.f. Beauty had a net margin of 6.84% and a return on equity of 15.08%. The firm’s revenue for the quarter was up 37.8% on a year-over-year basis. During the same period last year, the firm posted $0.74 EPS. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. On average, analysts forecast that e.l.f. Beauty will post 2.38 earnings per share for the current fiscal year.

Insider Activity at e.l.f. Beauty

In other news, CEO Tarang Amin sold 52,880 shares of the stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $62.64, for a total transaction of $3,312,403.20. Following the transaction, the chief executive officer directly owned 98,416 shares in the company, valued at $6,164,778.24. This represents a 34.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.90% of the stock is currently owned by corporate insiders.

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

Institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in e.l.f. Beauty by 2.6% during the fourth quarter. Vanguard Group Inc. now owns 5,487,304 shares of the company’s stock worth $417,255,000 after purchasing an additional 140,258 shares during the period. Price T Rowe Associates Inc. MD grew its stake in shares of e.l.f. Beauty by 47.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,197,319 shares of the company’s stock valued at $167,086,000 after buying an additional 711,540 shares during the period. State Street Corp increased its holdings in shares of e.l.f. Beauty by 0.8% during the 4th quarter. State Street Corp now owns 1,737,181 shares of the company’s stock worth $132,095,000 after buying an additional 13,231 shares during the last quarter. Swedbank AB increased its holdings in shares of e.l.f. Beauty by 97.0% during the 4th quarter. Swedbank AB now owns 1,364,801 shares of the company’s stock worth $103,779,000 after buying an additional 672,071 shares during the last quarter. Finally, Ensign Peak Advisors Inc raised its position in shares of e.l.f. Beauty by 37.7% in the 4th quarter. Ensign Peak Advisors Inc now owns 1,319,523 shares of the company’s stock worth $100,337,000 after buying an additional 361,371 shares during the period. Institutional investors and hedge funds own 92.44% of the company’s stock.

More e.l.f. Beauty News

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

• Positive Sentiment: Evercore initiated coverage with an “inline” rating and a $68 price target (roughly +11% from the current price), which brings new analyst attention and a defined near‑term valuation floor that could attract buyers. Evercore ISI Group initiates coverage of e.l.f. Beauty (ELF) with in-line recommendation
• Positive Sentiment: Marketing push: e.l.f. launched a true‑crime inspired mockumentary to promote its affordable positioning — a creative, low‑cost campaign that can help drive brand awareness and traffic to its DTC and retail channels. E.l.f. promotes affordable beauty with true crime-inspired mockumentary
• Neutral Sentiment: Street attention: e.l.f. appeared on lists of recent analyst research calls (wider coverage can increase liquidity and volatility but not necessarily change fundamentals). Here Are Thursday’s Top Wall Street Analyst Research Calls
• Neutral Sentiment: Fundamentals reminder — e.l.f. reported a strong quarter in February (revenue and EPS beats) and set FY26 EPS guidance of $3.05–$3.10; that underpins medium‑term expectations even as near‑term sentiment swings. (No new earnings release in today’s items.)
• Negative Sentiment: Insider selling: CEO Tarang Amin sold 52,880 shares (~$3.3M) under a Rule 10b5‑1 plan, reducing his holding by ~35% — large insider sales can be interpreted negatively by the market, even if pre‑planned. SEC Form 4 — Tarang Amin sale
• Negative Sentiment: Short interest jumped ~21.4% in March — higher short exposure increases downside pressure and can amplify moves on negative headlines or weak trading days. e.l.f. Beauty (NYSE:ELF) Short Interest Up 21.4% in March

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.