e.l.f. Beauty (NYSE:ELF – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 3.470-3.530 for the period, compared to the consensus estimate of 3.510. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.3 billion. e.l.f. Beauty also updated its FY25 guidance to $3.47-$3.53 EPS.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on ELF shares. TD Cowen reduced their price target on shares of e.l.f. Beauty from $235.00 to $150.00 and set a “buy” rating for the company in a research report on Thursday, September 12th. JPMorgan Chase & Co. cut their target price on shares of e.l.f. Beauty from $207.00 to $167.00 and set an “overweight” rating for the company in a research report on Friday, October 11th. Robert W. Baird lowered their price target on shares of e.l.f. Beauty from $240.00 to $175.00 and set an “outperform” rating on the stock in a report on Monday, October 21st. Morgan Stanley dropped their price target on shares of e.l.f. Beauty from $184.00 to $139.00 and set an “equal weight” rating on the stock in a research note on Monday, September 30th. Finally, Truist Financial reduced their price objective on e.l.f. Beauty from $210.00 to $130.00 and set a “buy” rating for the company in a research report on Wednesday, October 16th. One analyst has rated the stock with a sell rating, two have issued a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $183.80.
Get Our Latest Stock Analysis on ELF
e.l.f. Beauty Stock Down 2.8 %
e.l.f. Beauty (NYSE:ELF – Get Free Report) last announced its quarterly earnings results on Thursday, August 8th. The company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.67 by $0.20. e.l.f. Beauty had a return on equity of 23.30% and a net margin of 10.80%. The company had revenue of $324.48 million for the quarter, compared to the consensus estimate of $303.60 million. On average, analysts expect that e.l.f. Beauty will post 2.88 earnings per share for the current year.
Insider Buying and Selling
In other e.l.f. Beauty news, CEO Tarang Amin sold 23,528 shares of the company’s stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $136.45, for a total transaction of $3,210,395.60. Following the completion of the sale, the chief executive officer now directly owns 106,016 shares in the company, valued at $14,465,883.20. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 3.50% of the company’s stock.
e.l.f. Beauty Company Profile
e.l.f. Beauty, Inc, together with its subsidiaries, provides cosmetic and skin care products under the e.l.f. Cosmetics, e.l.f. Skin, Well People, and Keys Soulcare brand names worldwide. The company offers eye, lip, face, face, paw, and skin care products. It sells its products through national and international retailers and direct-to-consumer channels, which include e-commerce platforms in the United States, and internationally primarily through distributors.
Featured Stories
- Five stocks we like better than e.l.f. Beauty
- What is the FTSE 100 index?
- What a Trump Win Looks Like for the Market Now and Into 2025
- What is Insider Trading? What You Can Learn from Insider Trading
- Russell 2000 Surge Post-Election: How to Play the Small-Cap Pop
- What is a buyback in stocks? A comprehensive guide for investors
- Macro Headwinds Send Microchip Technology Stock to the Buy Zone
Receive News & Ratings for e.l.f. Beauty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for e.l.f. Beauty and related companies with MarketBeat.com's FREE daily email newsletter.