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

e.l.f. Beauty (NYSE:ELF) issued an update on its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 3.500-3.550 for the period, compared to the consensus estimate of 3.120. The company issued revenue guidance of $1.9 billion-$2.0 billion, compared to the consensus revenue estimate of $1.9 billion.

Analyst Upgrades and Downgrades

A number of analysts recently commented on ELF shares. Piper Sandler reiterated a “neutral” rating on shares of e.l.f. Beauty in a report on Friday, June 12th. 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. TD Cowen reaffirmed a “buy” rating and set a $85.00 target price (up from $65.00) on shares of e.l.f. Beauty in a research report on Tuesday, July 21st. JPMorgan Chase & Co. lifted their target price on e.l.f. Beauty from $80.00 to $94.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Finally, UBS Group boosted their price target on shares of e.l.f. Beauty from $60.00 to $80.00 and gave the stock a “neutral” rating in a report on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, e.l.f. Beauty presently has an average rating of “Moderate Buy” and an average target price of $83.06.

e.l.f. Beauty Stock Performance

Shares of ELF traded down $0.83 during mid-day trading on Wednesday, hitting $87.01. The stock had a trading volume of 5,062,330 shares, compared to its average volume of 2,295,668. e.l.f. Beauty has a 52 week low of $48.82 and a 52 week high of $150.99. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.35 and a quick ratio of 1.69. The business has a fifty day moving average price of $69.81 and a 200-day moving average price of $71.54. The firm has a market cap of $5.13 billion, a P/E ratio of 189.16, a PEG ratio of 3.42 and a beta of 1.58.

e.l.f. Beauty (NYSE:ELF) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $1.75 earnings per share for the quarter, topping the consensus estimate of $0.71 by $1.04. e.l.f. Beauty had a return on equity of 11.02% and a net margin of 1.61%.The company had revenue of $479.37 million during the quarter, compared to the consensus estimate of $433.97 million. During the same quarter in the prior year, the company earned $0.89 EPS. The firm’s quarterly revenue was up 35.5% compared to the same quarter last year. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. On average, equities research analysts expect that e.l.f. Beauty will post 2.42 EPS for the current year.

Insider Buying and Selling at e.l.f. Beauty

In other e.l.f. Beauty news, insider Kory Marchisotto sold 4,352 shares of the stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $51.53, for a total transaction of $224,258.56. Following the completion of the transaction, the insider owned 181,868 shares in the company, valued at $9,371,658.04. This trade represents a 2.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Tarang Amin sold 50,164 shares of e.l.f. Beauty stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $78.24, for a total transaction of $3,924,831.36. Following the completion of the transaction, the chief executive officer owned 110,496 shares of the company’s stock, valued at $8,645,207.04. The trade was a 31.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 121,855 shares of company stock valued at $8,351,493. Insiders own 3.50% of the company’s stock.

Key Headlines Impacting e.l.f. Beauty

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

• Positive Sentiment: e.l.f. Beauty reported fiscal Q1 2027 revenue of $479.4 million, up 35.5% year over year and above the $434.0 million analyst estimate. Adjusted earnings were $1.75 per share, versus the $0.71 consensus and $0.89 a year earlier. e.l.f. Beauty Surpasses Q1 Earnings and Revenue Estimates
• Positive Sentiment: Management raised fiscal 2027 revenue-growth guidance to 18%–20%, from 12%–14%, and set EPS guidance at $3.50–$3.55, above the $3.12 consensus. The company cited continued momentum across its portfolio, including the acquired Rhode brand. e.l.f. Beauty Fiscal 2027 Results
• Neutral Sentiment: Rhode helped power growth, with sales benefiting from Hailey Bieber’s brand, but investors remain focused on whether e.l.f.’s legacy namesake business can reaccelerate after earlier price increases pressured unit volumes. Hailey Bieber’s Rhode Powers e.l.f. Beauty’s Sales Growth
• Negative Sentiment: Approximately $50 million of tariff refunds contributed to a roughly 14-percentage-point gross-margin improvement and nearly doubled net income. Because the refunds are viewed as nonrecurring, traders questioned the durability and quality of the reported profit surge. e.l.f. Beauty Tariff Refunds and Q1 Profits
• Negative Sentiment: Leverage remains elevated following the Rhode acquisition, with total debt of about $834 million at quarter-end. In addition, recent insider activity was heavily weighted toward selling, while the median analyst price target cited by Quiver Quantitative was $70, below the current trading level.

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

Hedge funds and other institutional investors have recently bought and sold shares of the business. Price T Rowe Associates Inc. MD boosted its holdings in shares of e.l.f. Beauty by 47.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,197,319 shares of the company’s stock worth $167,086,000 after acquiring an additional 711,540 shares during the period. State Street Corp raised its stake 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 during the period. Ensign Peak Advisors Inc lifted its holdings in 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 worth $100,337,000 after purchasing an additional 361,371 shares in the last quarter. Morgan Stanley lifted its holdings in e.l.f. Beauty by 13.2% during the 4th quarter. Morgan Stanley now owns 1,184,786 shares of the company’s stock worth $90,091,000 after purchasing an additional 138,415 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in e.l.f. Beauty by 17.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 620,252 shares of the company’s stock worth $47,165,000 after purchasing an additional 94,026 shares during the period. Institutional investors 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.