e.l.f. Beauty (NYSE:ELF - Get Free Report) Director Lauren Cooks Levitan sold 1,034 shares of the business's stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $93.15, for a total transaction of $96,317.10. Following the transaction, the director directly owned 10,516 shares of the company's stock, valued at approximately $979,565.40. This represents a 8.95% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
e.l.f. Beauty Stock Performance
NYSE ELF opened at $98.61 on Friday. e.l.f. Beauty has a 1 year low of $48.82 and a 1 year high of $150.99. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.55 and a quick ratio of 1.82. The stock has a market capitalization of $5.82 billion, a PE ratio of 98.61, a P/E/G ratio of 3.13 and a beta of 1.58. The company's 50 day simple moving average is $78.68 and its two-hundred day simple moving average is $71.98.
e.l.f. Beauty (NYSE:ELF - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $1.75 EPS for the quarter, beating the consensus estimate of $0.71 by $1.04. The firm had revenue of $479.37 million during the quarter, compared to the consensus estimate of $431.20 million. e.l.f. Beauty had a net margin of 3.38% and a return on equity of 14.07%. The business's quarterly revenue was up 35.5% compared to the same quarter last year. During the same period last year, the firm earned $0.89 EPS. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. Analysts predict that e.l.f. Beauty will post 2.61 earnings per share for the current fiscal year.
Analyst Ratings Changes
ELF has been the subject of several research analyst reports. Bank of America dropped their price objective on e.l.f. Beauty from $93.00 to $85.00 and set a "buy" rating for the company in a research note on Thursday, May 21st. Morgan Stanley decreased their target price on e.l.f. Beauty from $67.00 to $59.00 and set an "equal weight" rating on the stock in a research note on Thursday, May 21st. Jefferies Financial Group raised their price target on e.l.f. Beauty from $72.00 to $100.00 and gave the company a "buy" rating in a report on Tuesday, July 28th. Piper Sandler lifted their price target on e.l.f. Beauty from $50.00 to $65.00 and gave the company a "neutral" rating in a research report on Thursday, August 6th. Finally, Sanford C. Bernstein boosted their price objective on e.l.f. Beauty from $113.00 to $121.00 and gave the stock an "outperform" rating in a report on Thursday, August 6th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $91.31.
Read Our Latest Report on ELF
Institutional Trading of e.l.f. Beauty
A number of hedge funds have recently made changes to their positions in ELF. Northwestern Mutual Wealth Management Co. increased its stake in e.l.f. Beauty by 58.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company's stock worth $39,000 after purchasing an additional 117 shares during the period. Greenwood Capital Associates LLC grew its holdings in shares of e.l.f. Beauty by 2.4% in the second quarter. Greenwood Capital Associates LLC now owns 5,436 shares of the company's stock worth $402,000 after purchasing an additional 125 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of e.l.f. Beauty by 97.0% in the second quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company's stock worth $32,000 after purchasing an additional 128 shares during the last quarter. Horizon Investments LLC increased its stake in shares of e.l.f. Beauty by 13.4% in the fourth quarter. Horizon Investments LLC now owns 1,089 shares of the company's stock worth $83,000 after buying an additional 129 shares during the period. Finally, Public Employees Retirement System of Ohio boosted its position in e.l.f. Beauty by 0.8% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 17,246 shares of the company's stock valued at $2,285,000 after buying an additional 144 shares during the period. 92.44% of the stock is owned by institutional investors.
About e.l.f. Beauty
(
Get Free Report)
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.
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