Key Points
- e.l.f. Beauty SVP Joshua Allen Franks sold 200 shares at an average price of $110, generating $22,000 and reducing his ownership by 0.15% to 135,297 shares. He also sold 5,512 shares on September 1 and 5,718 shares on August 19.
- e.l.f. Beauty recently reported strong quarterly results, with earnings of $1.75 per share versus the $0.71 consensus estimate and revenue of $479.37 million, up 35.5% year over year.
- Analysts maintain a generally positive view, with the stock holding a “Moderate Buy” consensus rating, while shares opened at $100.11 and institutional investors owned 92.44% of the company.
e.l.f. Beauty (NYSE:ELF - Get Free Report) SVP Joshua Franks sold 200 shares of the company's stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $110.00, for a total transaction of $22,000.00. Following the sale, the senior vice president owned 135,297 shares in the company, valued at $14,882,670. This represents a 0.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Joshua Allen Franks also recently made the following trade(s):
- On Tuesday, September 1st, Joshua Franks sold 5,512 shares of e.l.f. Beauty stock. The stock was sold at an average price of $110.00, for a total value of $606,320.00.
- On Wednesday, August 19th, Joshua Franks sold 5,718 shares of e.l.f. Beauty stock. The stock was sold at an average price of $100.00, for a total value of $571,800.00.
e.l.f. Beauty Trading Down 4.0%
Shares of ELF stock opened at $100.11 on Thursday. The company has a market cap of $5.91 billion, a PE ratio of 100.11, a price-to-earnings-growth ratio of 3.24 and a beta of 1.60. e.l.f. Beauty has a 1 year low of $48.82 and a 1 year high of $150.99. The stock's 50 day simple moving average is $89.76 and its two-hundred day simple moving average is $74.38. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.55 and a quick ratio of 1.82.
e.l.f. Beauty (NYSE:ELF - Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $1.75 earnings per share for the quarter, beating the consensus estimate of $0.71 by $1.04. e.l.f. Beauty had a return on equity of 14.07% and a net margin of 3.38%.The firm had revenue of $479.37 million for the quarter, compared to the consensus estimate of $431.20 million. During the same quarter in the previous year, the company posted $0.89 EPS. The company's revenue for the quarter 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. Research analysts predict that e.l.f. Beauty will post 2.64 earnings per share for the current year.
Analyst Upgrades and Downgrades
Several equities research analysts have recently issued reports on the stock. TD Cowen raised their target price on shares of e.l.f. Beauty from $85.00 to $110.00 and gave the stock a "buy" rating in a report on Monday, August 10th. Robert W. Baird set a $105.00 price target on shares of e.l.f. Beauty in a report on Thursday, August 6th. The Goldman Sachs Group set a $100.00 price objective on shares of e.l.f. Beauty in a research report on Thursday, August 6th. Jefferies Financial Group raised their price objective on shares of e.l.f. Beauty from $72.00 to $100.00 and gave the stock a "buy" rating in a research note on Tuesday, July 28th. Finally, Raymond James Financial boosted their target price on e.l.f. Beauty from $85.00 to $87.00 and gave the company a "strong-buy" rating in a research report on Tuesday, July 14th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $92.12.
Read Our Latest Report on ELF
Institutional Trading of e.l.f. Beauty
Several institutional investors and hedge funds have recently made changes to their positions in ELF. The Manufacturers Life Insurance Company grew its holdings in shares of e.l.f. Beauty by 1.6% in the second quarter. The Manufacturers Life Insurance Company now owns 41,120 shares of the company's stock worth $3,043,000 after purchasing an additional 653 shares during the last quarter. Engineers Gate Manager LP bought a new stake in e.l.f. Beauty during the 2nd quarter valued at about $429,000. Integrated Wealth Concepts LLC purchased a new stake in e.l.f. Beauty in the 2nd quarter valued at about $56,000. Nykredit A S purchased a new stake in e.l.f. Beauty in the 2nd quarter valued at about $91,000. Finally, California State Teachers Retirement System grew its stake in e.l.f. Beauty by 7,535.2% in the 2nd quarter. California State Teachers Retirement System now owns 5,073,366 shares of the company's stock worth $375,429,000 after acquiring an additional 5,006,919 shares in the last quarter. 92.44% of the stock is currently 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.
Further Reading
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