e.l.f. Beauty (ELF) – Analysts’ Weekly Ratings Updates

A number of firms have modified their ratings and price targets on shares of e.l.f. Beauty (NYSE: ELF) recently:

• 2/7/2025 – e.l.f. Beauty had its price target lowered by analysts at Raymond James from $175.00 to $120.00. They now have a “strong-buy” rating on the stock.
• 2/7/2025 – e.l.f. Beauty had its “neutral” rating reaffirmed by analysts at UBS Group AG. They now have a $74.00 price target on the stock, down previously from $158.00.
• 2/7/2025 – e.l.f. Beauty was downgraded by analysts at DA Davidson from a “buy” rating to a “neutral” rating. They now have a $80.00 price target on the stock, down previously from $170.00.
• 2/7/2025 – e.l.f. Beauty had its “equal weight” rating reaffirmed by analysts at Morgan Stanley. They now have a $70.00 price target on the stock, down previously from $153.00.
• 2/7/2025 – e.l.f. Beauty had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $165.00 to $142.00. They now have a “buy” rating on the stock.
• 2/7/2025 – e.l.f. Beauty had its price target lowered by analysts at Canaccord Genuity Group Inc. from $174.00 to $105.00. They now have a “buy” rating on the stock.
• 2/7/2025 – e.l.f. Beauty had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $90.00 price target on the stock, down previously from $150.00.
• 2/5/2025 – e.l.f. Beauty had its price target lowered by analysts at Piper Sandler from $167.00 to $131.00. They now have an “overweight” rating on the stock.
• 2/5/2025 – e.l.f. Beauty had its “buy” rating reaffirmed by analysts at DA Davidson. They now have a $170.00 price target on the stock.
• 2/3/2025 – e.l.f. Beauty had its price target lowered by analysts at Stifel Nicolaus from $115.00 to $105.00. They now have a “hold” rating on the stock.
• 1/21/2025 – e.l.f. Beauty had its “buy” rating reaffirmed by analysts at DA Davidson. They now have a $170.00 price target on the stock.
• 1/16/2025 – e.l.f. Beauty had its price target raised by analysts at JPMorgan Chase & Co. from $154.00 to $163.00. They now have an “overweight” rating on the stock.
• 1/16/2025 – e.l.f. Beauty had its price target raised by analysts at UBS Group AG from $156.00 to $158.00. They now have a “buy” rating on the stock.
• 1/13/2025 – e.l.f. Beauty was upgraded by analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating. They now have a $153.00 price target on the stock, up previously from $139.00.
• 1/6/2025 – e.l.f. Beauty had its price target raised by analysts at Piper Sandler from $165.00 to $167.00. They now have an “overweight” rating on the stock.
• 12/19/2024 – e.l.f. Beauty had its “buy” rating reaffirmed by analysts at DA Davidson. They now have a $170.00 price target on the stock.
• 12/18/2024 – e.l.f. Beauty had its price target raised by analysts at Truist Financial Co. from $130.00 to $150.00. They now have a “buy” rating on the stock.
• 12/13/2024 – e.l.f. Beauty is now covered by analysts at The Goldman Sachs Group, Inc.. They set a “buy” rating and a $165.00 price target on the stock.

e.l.f. Beauty Trading Up 4.2 %

ELF stock traded up $3.09 during midday trading on Tuesday, hitting $76.95. 4,681,460 shares of the company’s stock were exchanged, compared to its average volume of 3,316,892. e.l.f. Beauty, Inc. has a one year low of $63.50 and a one year high of $221.83. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.01 and a current ratio of 1.78. The company has a market cap of $4.33 billion, a PE ratio of 45.53, a price-to-earnings-growth ratio of 1.54 and a beta of 1.47. The stock’s fifty day moving average price is $121.36 and its 200-day moving average price is $126.57.

e.l.f. Beauty (NYSE:ELF) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.76 by ($0.35). e.l.f. Beauty had a net margin of 7.55% and a return on equity of 17.35%. Research analysts predict that e.l.f. Beauty, Inc. will post 2.8 earnings per share for the current fiscal year.

Insider Activity at e.l.f. Beauty

In related news, Director Maureen C. Watson sold 785 shares of the firm’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $130.00, for a total value of $102,050.00. Following the completion of the transaction, the director now owns 1,888 shares of the company’s stock, valued at approximately $245,440. This trade represents a 29.37 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Tarang Amin sold 890 shares of the stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $137.60, for a total value of $122,464.00. Following the transaction, the chief executive officer now directly owns 99,699 shares of the company’s stock, valued at $13,718,582.40. This trade represents a 0.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 2,205 shares of company stock valued at $297,442. 3.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Baillie Gifford & Co. increased its holdings in shares of e.l.f. Beauty by 51.0% during the fourth quarter. Baillie Gifford & Co. now owns 8,009,434 shares of the company’s stock worth $1,005,584,000 after buying an additional 2,703,742 shares in the last quarter. Vanguard Group Inc. increased its position in shares of e.l.f. Beauty by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 5,497,208 shares of the company’s stock worth $690,174,000 after acquiring an additional 68,103 shares in the last quarter. William Blair Investment Management LLC raised its holdings in shares of e.l.f. Beauty by 40.9% in the 4th quarter. William Blair Investment Management LLC now owns 2,305,349 shares of the company’s stock worth $289,437,000 after acquiring an additional 669,321 shares during the last quarter. State Street Corp boosted its stake in e.l.f. Beauty by 3.7% during the 3rd quarter. State Street Corp now owns 1,665,203 shares of the company’s stock valued at $181,557,000 after purchasing an additional 59,248 shares during the last quarter. Finally, FMR LLC increased its holdings in e.l.f. Beauty by 5.5% during the 3rd quarter. FMR LLC now owns 1,186,766 shares of the company’s stock worth $129,393,000 after purchasing an additional 61,524 shares in the last quarter. Institutional investors own 92.44% of the company’s stock.

e.l.f. Beauty, Inc is a holding company, which engages in the provision of inclusive, accessible, clean, vegan and cruelty free cosmetics and skin care products. The company focuses on the e-commerce, national retailers and international business channels. Its brands include elf, elf skin, WELL People and KEYS soulcare.