Key Points
- e.l.f. Beauty SVP Joshua Franks sold 8,366 shares at an average price of $110.01, generating $920,343.66. The sale reduced his holdings by 6.18%, leaving him with 126,931 shares.
- e.l.f. Beauty reported quarterly EPS of $1.75, exceeding the $0.71 consensus estimate, while revenue rose 35.5% year over year to $479.37 million.
- Shares opened at $108.05, with analysts giving the stock a consensus “Moderate Buy” rating and an average price target of $100.69; institutional investors own 92.44% of outstanding shares.
e.l.f. Beauty (NYSE:ELF - Get Free Report) SVP Joshua Franks sold 8,366 shares of the business's stock in a transaction dated Monday, October 12th. The stock was sold at an average price of $110.01, for a total value of $920,343.66. Following the sale, the senior vice president owned 126,931 shares of the company's stock, valued at $13,963,679.31. The trade was a 6.18% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
Joshua Allen Franks also recently made the following trade(s):
- On Tuesday, September 8th, Joshua Franks sold 200 shares of e.l.f. Beauty stock. The shares were sold at an average price of $110.00, for a total transaction of $22,000.00.
- 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 Price Performance
Shares of ELF stock opened at $108.05 on Thursday. The company has a market capitalization of $6.38 billion, a PE ratio of 108.05, a price-to-earnings-growth ratio of 3.05 and a beta of 1.61. The firm has a fifty day simple moving average of $101.24 and a 200-day simple moving average of $78.23. The company has a current ratio of 2.55, a quick ratio of 1.82 and a debt-to-equity ratio of 0.69. e.l.f. Beauty has a twelve month low of $48.82 and a twelve month high of $141.50.
e.l.f. Beauty (NYSE:ELF - Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $1.75 earnings per share for the quarter, beating analysts' consensus estimates of $0.71 by $1.04. The firm had revenue of $479.37 million during the quarter, compared to analyst estimates of $431.20 million. e.l.f. Beauty had a return on equity of 14.07% and a net margin of 3.38%. e.l.f. Beauty's quarterly revenue was up 35.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.89 EPS. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. Equities research analysts anticipate that e.l.f. Beauty will post 2.65 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of ELF. BlackRock Inc. acquired a new stake in e.l.f. Beauty in the second quarter worth about $428,262,000. State Street Corp grew its position in e.l.f. Beauty by 4.2% in the 2nd quarter. State Street Corp now owns 1,874,997 shares of the company's stock valued at $138,647,000 after buying an additional 75,842 shares in the last quarter. Primecap Management Co. CA acquired a new position in e.l.f. Beauty during the 2nd quarter valued at about $78,202,000. Armistice Capital LLC increased its stake in e.l.f. Beauty by 394.9% during the 4th quarter. Armistice Capital LLC now owns 657,983 shares of the company's stock valued at $50,033,000 after buying an additional 525,018 shares during the period. Finally, Prime Capital Management Co Ltd acquired a new position in e.l.f. Beauty during the 2nd quarter valued at about $44,736,000. 92.44% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several brokerages have issued reports on ELF. Piper Sandler upped their price objective on e.l.f. Beauty from $50.00 to $65.00 and gave the company a "neutral" rating in a research note on Thursday, August 6th. JPMorgan Chase & Co. reduced their target price on e.l.f. Beauty from $111.00 to $106.00 and set an "overweight" rating on the stock in a report on Wednesday, August 19th. Canaccord Genuity Group lifted their target price on e.l.f. Beauty from $110.00 to $123.00 and gave the stock a "buy" rating in a research report on Thursday, August 27th. The Goldman Sachs Group set a $100.00 price target on e.l.f. Beauty in a report on Thursday, August 6th. Finally, Bank of America boosted their price target on e.l.f. Beauty from $100.00 to $118.00 and gave the company a "buy" rating in a report on Tuesday, September 15th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $100.69.
Get Our Latest Analysis on ELF
About e.l.f. Beauty
(
Get Free Report)
e.l.f. Beauty, Inc is a cosmetics and skin-care company that develops, markets and sells beauty products through mass retailers, specialty beauty stores, e-commerce platforms and its own websites. Its portfolio includes makeup, skin-care, body-care and related beauty products designed to offer accessible pricing and broad consumer appeal.
The company's principal brand is e.l.f. Cosmetics, which offers products such as complexion makeup, eye cosmetics, lip products, brushes and skin-care items.
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