e.l.f. Beauty (NYSE:ELF) Releases FY 2027 Earnings Guidance

e.l.f. Beauty (NYSE:ELF) updated its FY 2027 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 3.270-3.320 for the period, compared to the consensus estimate of 3.370. The company issued revenue guidance of $1.8 billion-$1.9 billion, compared to the consensus revenue estimate of $1.9 billion.

Analysts Set New Price Targets

A number of research firms have commented on ELF. Bank of America reduced their price target on shares of e.l.f. Beauty from $115.00 to $93.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Canaccord Genuity Group reduced their price target on shares of e.l.f. Beauty from $121.00 to $100.00 and set a “buy” rating on the stock in a research report on Monday. Piper Sandler reduced their price target on shares of e.l.f. Beauty from $85.00 to $60.00 and set a “neutral” rating on the stock in a research report on Tuesday. Deutsche Bank Aktiengesellschaft set a $65.00 price target on shares of e.l.f. Beauty in a research report on Thursday, May 14th. Finally, Citigroup reduced their price target on shares of e.l.f. Beauty from $115.00 to $87.00 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $99.06.

e.l.f. Beauty Price Performance

Shares of ELF stock opened at $50.66 on Thursday. e.l.f. Beauty has a 1 year low of $50.13 and a 1 year high of $150.99. The firm’s 50 day moving average is $64.64 and its 200-day moving average is $76.45. The firm has a market capitalization of $2.99 billion, a price-to-earnings ratio of 28.62, a PEG ratio of 3.26 and a beta of 1.71. The company has a current ratio of 2.76, a quick ratio of 1.89 and a debt-to-equity ratio of 0.70.

e.l.f. Beauty (NYSE:ELF) last announced its earnings results on Wednesday, May 20th. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.03. e.l.f. Beauty had a net margin of 6.84% and a return on equity of 15.08%. The company had revenue of $449.29 million for the quarter, compared to analyst estimates of $423.06 million. During the same period in the prior year, the business earned $0.78 earnings per share. e.l.f. Beauty’s quarterly revenue was up 35.1% on a year-over-year basis. e.l.f. Beauty has set its FY 2027 guidance at 3.270-3.320 EPS. Sell-side analysts forecast that e.l.f. Beauty will post 1.88 EPS for the current fiscal year.

Insider Activity at e.l.f. Beauty

In other news, CEO Tarang Amin sold 52,880 shares of the company’s stock in a transaction that occurred on 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 approximately $6,164,778.24. This represents a 34.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kory Marchisotto sold 23,796 shares of the company’s stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $63.66, for a total transaction of $1,514,853.36. Following the transaction, the insider owned 152,417 shares in the company, valued at $9,702,866.22. The trade was a 13.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 210,013 shares of company stock valued at $13,315,490 in the last three months. 3.90% of the stock is currently owned by corporate insiders.

e.l.f. Beauty News Roundup

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

• Positive Sentiment: e.l.f. Beauty beat estimates with adjusted EPS of $0.32 versus $0.29 expected and revenue of $449.29 million versus $423.06 million expected, with sales up 35.1% year over year. e.l.f. Beauty Announces Fourth Quarter Fiscal 2026 Results
• Positive Sentiment: Pre-market trading rose sharply after the earnings beat, suggesting investors are rewarding the company’s strong top- and bottom-line performance. Why e.l.f. Beauty Shares Are Trading Higher By 10%; Here Are 20 Stocks Moving Premarket
• Neutral Sentiment: Management’s FY2027 outlook was below Street expectations, with EPS guidance of $3.27-$3.32 versus a higher consensus estimate, which may temper enthusiasm despite the earnings beat. e.l.f. Beauty beats FQ4 expectations but sets FY27 outlook below street view – update
• Neutral Sentiment: The company said it plans more price cuts on some products to address cost-conscious shoppers, which could support unit growth but also signals ongoing pricing pressure. e.l.f. Beauty plans more price cuts to court increasingly cost-conscious shoppers
• Negative Sentiment: e.l.f. Beauty warned that surging oil prices linked to the Iran war could hurt fiscal 2027 results by $15 million to $20 million, adding uncertainty around margins and future earnings. Elf Beauty forecasts weak year, flags up to $20 million hit from Iran war

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

A number of large investors have recently modified their holdings of ELF. Northwestern Mutual Wealth Management Co. lifted its holdings in e.l.f. Beauty by 58.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock valued at $39,000 after buying an additional 117 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in e.l.f. Beauty by 97.0% in the second quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock valued at $32,000 after buying an additional 128 shares during the period. Public Employees Retirement System of Ohio lifted its holdings in e.l.f. Beauty by 0.8% in the third quarter. Public Employees Retirement System of Ohio now owns 17,246 shares of the company’s stock valued at $2,285,000 after buying an additional 144 shares during the period. California State Teachers Retirement System lifted its holdings in e.l.f. Beauty by 0.3% in the second quarter. California State Teachers Retirement System now owns 52,055 shares of the company’s stock valued at $6,478,000 after buying an additional 152 shares during the period. Finally, Mercer Global Advisors Inc. ADV lifted its holdings in e.l.f. Beauty by 5.9% in the third quarter. Mercer Global Advisors Inc. ADV now owns 2,943 shares of the company’s stock valued at $390,000 after buying an additional 165 shares during the period. 92.44% of the stock is currently owned by institutional investors and hedge funds.

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.