UBS Group Has Lowered Expectations for e.l.f. Beauty (NYSE:ELF) Stock Price

e.l.f. Beauty (NYSE:ELF) had its price target dropped by stock analysts at UBS Group from $102.00 to $70.00 in a research note issued on Tuesday,Benzinga reports. The firm currently has a “neutral” rating on the stock. UBS Group’s price target would suggest a potential upside of 14.93% from the stock’s previous close.

Several other research analysts have also issued reports on the stock. TD Cowen decreased their price target on shares of e.l.f. Beauty from $110.00 to $100.00 and set a “buy” rating on the stock in a research report on Monday, February 9th. Weiss Ratings restated a “hold (c)” rating on shares of e.l.f. Beauty in a research report on Wednesday, January 21st. Jefferies Financial Group initiated coverage on shares of e.l.f. Beauty in a research report on Wednesday, January 14th. They issued a “buy” rating and a $110.00 price target on the stock. Robert W. Baird set a $115.00 price target on shares of e.l.f. Beauty in a research report on Thursday, February 5th. Finally, JPMorgan Chase & Co. lifted their price target on shares of e.l.f. Beauty from $103.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $115.19.

e.l.f. Beauty Price Performance

Shares of e.l.f. Beauty stock traded down $2.31 on Tuesday, hitting $60.91. The company had a trading volume of 1,611,104 shares, compared to its average volume of 2,264,963. The business has a 50-day simple moving average of $78.08 and a 200-day simple moving average of $91.39. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.76 and a quick ratio of 1.89. The company has a market cap of $3.60 billion, a PE ratio of 34.36, a PEG ratio of 3.76 and a beta of 1.83. e.l.f. Beauty has a 52 week low of $49.40 and a 52 week high of $150.99.

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

Insider Buying and Selling

In related news, CEO Tarang Amin sold 52,880 shares of the firm’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 value of $3,312,403.20. Following the completion of the transaction, the chief executive officer owned 98,416 shares of the company’s stock, valued at approximately $6,164,778.24. This trade represents a 34.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.90% of the company’s stock.

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

A number of institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its stake in shares of e.l.f. Beauty by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 5,487,304 shares of the company’s stock valued at $417,255,000 after buying an additional 140,258 shares during the period. Price T Rowe Associates Inc. MD raised its holdings 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 purchasing an additional 711,540 shares in the last quarter. State Street Corp raised 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 valued at $132,095,000 after purchasing an additional 13,231 shares in the last quarter. Swedbank AB raised 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 valued at $103,779,000 after purchasing an additional 672,071 shares in the last quarter. Finally, Ensign Peak Advisors Inc raised its holdings in shares of e.l.f. Beauty by 37.7% during the 4th quarter. Ensign Peak Advisors Inc now owns 1,319,523 shares of the company’s stock valued at $100,337,000 after purchasing an additional 361,371 shares in the last quarter. 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.