e.l.f. Beauty (ELF) Projected to Post Earnings on Tuesday

e.l.f. Beauty (NYSE:ELF) is expected to release its earnings data after the market closes on Tuesday, February 4th. Analysts expect e.l.f. Beauty to post earnings of $0.76 per share and revenue of $328.21 million for the quarter. e.l.f. Beauty has set its FY25 guidance at $3.47-$3.53 EPS and its FY 2025 guidance at 3.470-3.530 EPS.Parties interested in listening to the company’s conference call can do so using this link.

e.l.f. Beauty (NYSE:ELF) last released its quarterly earnings results on Wednesday, November 6th. The company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.43 by $0.34. The company had revenue of $301.10 million for the quarter, compared to analyst estimates of $289.43 million. e.l.f. Beauty had a net margin of 8.87% and a return on equity of 19.34%. The firm’s revenue was up 39.7% on a year-over-year basis. During the same quarter last year, the business earned $0.66 earnings per share. On average, analysts expect e.l.f. Beauty to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

e.l.f. Beauty Stock Down 6.5 %

ELF stock opened at $100.07 on Monday. The firm has a market cap of $5.64 billion, a PE ratio of 54.09, a P/E/G ratio of 1.84 and a beta of 1.50. 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 firm’s fifty day moving average is $126.69 and its 200 day moving average is $130.64. e.l.f. Beauty has a one year low of $98.50 and a one year high of $221.83.

Wall Street Analysts Forecast Growth

ELF has been the topic of several analyst reports. DA Davidson restated a “buy” rating and set a $170.00 price target on shares of e.l.f. Beauty in a research report on Tuesday, January 21st. Canaccord Genuity Group decreased their price target on shares of e.l.f. Beauty from $250.00 to $200.00 and set a “buy” rating on the stock in a research note on Thursday, November 7th. Piper Sandler lifted their target price on shares of e.l.f. Beauty from $165.00 to $167.00 and gave the stock an “overweight” rating in a research note on Monday, January 6th. Morgan Stanley raised shares of e.l.f. Beauty from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $139.00 to $153.00 in a research note on Monday, January 13th. Finally, Stifel Nicolaus reduced their price target on shares of e.l.f. Beauty from $131.00 to $115.00 and set a “hold” rating on the stock in a research note on Thursday, November 7th. One research analyst has rated the stock with a sell rating, two have given a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $169.06.

Insiders Place Their Bets

In other news, Director Maureen C. Watson sold 785 shares of the company’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 in the company, valued at approximately $245,440. This represents a 29.37 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Tarang Amin sold 890 shares of the company’s stock in a transaction on Friday, December 6th. The shares were sold at an average price of $137.60, for a total transaction of $122,464.00. Following the completion of the transaction, the chief executive officer now owns 99,699 shares of the company’s stock, valued at approximately $13,718,582.40. The trade was a 0.88 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 2,205 shares of company stock worth $297,442 in the last 90 days. Corporate insiders own 3.50% of the company’s stock.

e.l.f. Beauty Company Profile

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.