e.l.f. Beauty (NYSE:ELF) Issues Quarterly Earnings Results, Misses Expectations By $0.35 EPS

e.l.f. Beauty (NYSE:ELF) issued its quarterly earnings data on Thursday. The company reported $0.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.35), Zacks reports. e.l.f. Beauty had a net margin of 8.87% and a return on equity of 19.34%. e.l.f. Beauty updated its FY 2025 guidance to 3.270-3.320 EPS.

e.l.f. Beauty Stock Performance

ELF stock opened at $88.76 on Friday. The stock’s 50 day simple moving average is $124.44 and its 200 day simple moving average is $128.89. The company has a current ratio of 1.78, a quick ratio of 1.01 and a debt-to-equity ratio of 0.22. e.l.f. Beauty has a 12-month low of $85.41 and a 12-month high of $221.83. The stock has a market capitalization of $5.00 billion, a PE ratio of 47.98, a price-to-earnings-growth ratio of 1.74 and a beta of 1.47.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Bank of America reduced their price target on shares of e.l.f. Beauty from $190.00 to $165.00 and set a “buy” rating on the stock in a research report on Tuesday, October 15th. Canaccord Genuity Group reduced their target price on e.l.f. Beauty from $250.00 to $200.00 and set a “buy” rating on the stock in a report on Thursday, November 7th. Stifel Nicolaus dropped their price target on e.l.f. Beauty from $115.00 to $105.00 and set a “hold” rating on the stock in a research report on Monday. Morgan Stanley reaffirmed an “equal weight” rating and issued a $70.00 price target (down from $153.00) on shares of e.l.f. Beauty in a research note on Friday. Finally, Truist Financial raised their price objective on e.l.f. Beauty from $130.00 to $150.00 and gave the company a “buy” rating in a research report on Wednesday, December 18th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $151.24.

Insiders Place Their Bets

In other news, insider Scott Milsten sold 530 shares of e.l.f. Beauty stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $137.60, for a total value of $72,928.00. Following the completion of the sale, the insider now directly owns 68,853 shares in the company, valued at $9,474,172.80. The trade was a 0.76 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Tarang Amin sold 890 shares of the business’s stock in a transaction that occurred 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 transaction, the chief executive officer now directly owns 99,699 shares of the company’s stock, valued at $13,718,582.40. The trade was a 0.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 2,205 shares of company stock valued at $297,442. Corporate insiders own 3.50% of the company’s stock.

About e.l.f. Beauty

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.