e.l.f. Beauty (NYSE:ELF) Releases Quarterly Earnings Results, Beats Expectations By $0.03 EPS

e.l.f. Beauty (NYSE:ELF) released its quarterly earnings data on Wednesday. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.03, FiscalAI reports. The business had revenue of $449.29 million during the quarter, compared to analyst estimates of $423.06 million. e.l.f. Beauty had a return on equity of 11.28% and a net margin of 1.61%.The company’s revenue was up 35.1% compared to the same quarter last year. During the same period last year, the company posted $0.78 EPS. e.l.f. Beauty updated its FY 2027 guidance to 3.270-3.320 EPS.

Here are the key takeaways from e.l.f. Beauty’s conference call:

• e.l.f. Beauty posted another strong year, with fiscal 2026 net sales up 25% and adjusted EBITDA up 13%, while Q4 marked the company’s 29th consecutive quarter of sales growth.
• Rhode and Naturium remain major growth drivers. Rhode delivered over $500 million in annualized global retail sales and is still under 20% of Sephora’s global stores, while Naturium nearly reached $250 million in global retail sales.
• The core e.l.f. brand is seeing slower momentum, with consumption moderating to low single digits in the last 12 weeks and spring innovation starting more slowly than expected.
• The company is responding to value pressure with pricing actions, including cutting Halo Glow Skin Tint from $18 to $14, which management said drove strong unit lift in tests across Amazon, retail, and TikTok Shop.
• FY2027 guidance reflects continued growth but also costs and uncertainty: management expects 12%-14% sales growth, roughly flat gross margin, and higher costs from tariffs and potential oil-related inflation, while also planning continued investment in marketing, technology, and infrastructure.

e.l.f. Beauty Price Performance

Shares of NYSE:ELF opened at $52.99 on Friday. The firm has a market cap of $3.13 billion, a price-to-earnings ratio of 115.19, a P/E/G ratio of 3.12 and a beta of 1.71. e.l.f. Beauty has a 1 year low of $49.72 and a 1 year high of $150.99. The company has a current ratio of 2.76, a quick ratio of 1.89 and a debt-to-equity ratio of 0.70. The business has a fifty day simple moving average of $64.09 and a 200 day simple moving average of $75.96.

Insider Activity

In other e.l.f. Beauty news, insider Kory Marchisotto sold 23,796 shares of the firm’s stock in a transaction dated 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 directly owned 152,417 shares in the company, valued at $9,702,866.22. This trade represents a 13.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Tarang Amin sold 41,520 shares of the firm’s stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $63.66, for a total value of $2,643,163.20. Following the transaction, the chief executive officer owned 112,690 shares in the company, valued at approximately $7,173,845.40. This trade represents a 26.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 210,013 shares of company stock valued at $13,315,490. 3.90% of the stock is currently owned by company insiders.

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

Several institutional investors have recently bought and sold shares of ELF. Price T Rowe Associates Inc. MD raised its holdings in e.l.f. Beauty by 47.9% during the fourth 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 in the last quarter. Atreides Management LP bought a new position in shares of e.l.f. Beauty in the second quarter worth about $61,479,000. Man Group plc bought a new position in shares of e.l.f. Beauty in the second quarter worth about $52,316,000. Woodline Partners LP bought a new position in shares of e.l.f. Beauty in the third quarter worth about $52,613,000. Finally, Ensign Peak Advisors Inc increased its stake in shares of e.l.f. Beauty by 37.7% in the fourth quarter. Ensign Peak Advisors Inc now owns 1,319,523 shares of the company’s stock worth $100,337,000 after purchasing an additional 361,371 shares during the period. 92.44% of the stock is currently owned by institutional investors.

Key Stories Impacting e.l.f. Beauty

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

• Positive Sentiment: e.l.f. Beauty delivered a Q4 earnings and revenue beat, which is supporting the stock. ELF Q4 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management said fiscal 2026 marked the company’s seventh straight year of net sales and market share growth, reinforcing the long-term growth story. e.l.f. Beauty Announces Fourth Quarter Fiscal 2026 Results
• Neutral Sentiment: UBS lowered its price target to $60 from $70 and kept a neutral rating, signaling some caution but still modest upside from current levels.
• Neutral Sentiment: JPMorgan trimmed its price target to $80 from $85 while maintaining an overweight rating, suggesting analysts remain constructive despite near-term uncertainty.
• Negative Sentiment: The company’s fiscal 2027 guidance came in below Street expectations, and it warned that higher oil prices tied to the Iran war could pressure results by $15 million to $20 million. Elf Beauty forecasts weak year, flags up to $20 million hit from Iran war
• Negative Sentiment: Management also said it may roll back some tariff-related price increases as cost-conscious shoppers pull back, which could weigh on margins near term. E.l.f. Beauty to walk back some tariff price increases amid high gas prices and consumer ‘suffering’

Analysts Set New Price Targets

ELF has been the subject of several research reports. JPMorgan Chase & Co. reduced their price objective on e.l.f. Beauty from $85.00 to $80.00 and set an “overweight” rating for the company in a research note on Thursday. Robert W. Baird decreased their target price on e.l.f. Beauty from $115.00 to $90.00 and set an “outperform” rating for the company in a research report on Tuesday, April 28th. Morgan Stanley decreased their target price on e.l.f. Beauty from $67.00 to $59.00 and set an “equal weight” rating for the company in a research report on Thursday. Jefferies Financial Group decreased their target price on e.l.f. Beauty from $85.00 to $70.00 and set a “buy” rating for the company in a research report on Thursday. Finally, TD Cowen decreased their target price on e.l.f. Beauty from $110.00 to $100.00 and set a “buy” rating for the company in a research report on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $88.38.

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.