Shares of e.l.f. Beauty Inc (NYSE:ELF) have been assigned a consensus recommendation of “Buy” from the thirteen research firms that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation, five have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $23.70.

ELF has been the topic of several research analyst reports. Piper Jaffray Companies downgraded e.l.f. Beauty from an “overweight” rating to a “neutral” rating and cut their price objective for the company from $26.00 to $23.00 in a research report on Wednesday, November 8th. Zacks Investment Research raised e.l.f. Beauty from a “sell” rating to a “hold” rating in a research report on Monday, November 13th. Jefferies Group reaffirmed a “buy” rating and issued a $30.00 price objective on shares of e.l.f. Beauty in a research report on Monday, September 11th. JPMorgan Chase & Co. downgraded e.l.f. Beauty from a “neutral” rating to an “underweight” rating and set a $18.00 price objective on the stock. in a research report on Friday, December 15th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $26.00 price objective on shares of e.l.f. Beauty in a research report on Wednesday, September 27th.

Shares of e.l.f. Beauty (ELF) traded up $0.41 during trading on Monday, reaching $21.78. The company’s stock had a trading volume of 568,802 shares, compared to its average volume of 252,901. The company has a market cap of $988.57, a P/E ratio of 58.87, a PEG ratio of 2.56 and a beta of 3.51. The company has a quick ratio of 0.95, a current ratio of 2.17 and a debt-to-equity ratio of 0.89. e.l.f. Beauty has a 12 month low of $18.52 and a 12 month high of $31.10.

e.l.f. Beauty (NYSE:ELF) last announced its quarterly earnings data on Wednesday, November 8th. The company reported $0.17 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.14. The company had revenue of $71.90 million for the quarter, compared to the consensus estimate of $68.38 million. e.l.f. Beauty had a return on equity of 13.90% and a net margin of 7.02%. e.l.f. Beauty’s quarterly revenue was up 27.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.09 EPS. equities analysts anticipate that e.l.f. Beauty will post 0.35 EPS for the current year.

In other news, insider Jonathan T. Fieldman sold 4,137 shares of the stock in a transaction on Thursday, October 26th. The stock was sold at an average price of $23.00, for a total transaction of $95,151.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 16.50% of the stock is currently owned by corporate insiders.

Institutional investors and hedge funds have recently bought and sold shares of the company. Legal & General Group Plc grew its position in shares of e.l.f. Beauty by 63.3% during the 2nd quarter. Legal & General Group Plc now owns 4,155 shares of the company’s stock worth $112,000 after buying an additional 1,610 shares in the last quarter. Citigroup Inc. grew its position in shares of e.l.f. Beauty by 130.5% during the 2nd quarter. Citigroup Inc. now owns 5,662 shares of the company’s stock worth $154,000 after buying an additional 3,206 shares in the last quarter. New England Research & Management Inc. purchased a new stake in shares of e.l.f. Beauty during the 3rd quarter worth $246,000. Voya Investment Management LLC purchased a new stake in shares of e.l.f. Beauty during the 2nd quarter worth $255,000. Finally, Neuberger Berman Group LLC lifted its stake in shares of e.l.f. Beauty by 2.5% during the 2nd quarter. Neuberger Berman Group LLC now owns 12,510 shares of the company’s stock worth $340,000 after purchasing an additional 310 shares during the last quarter. 91.24% of the stock is currently owned by institutional investors and hedge funds.

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e.l.f. Beauty Company Profile

e.l.f. Beauty, Inc, formerly J.A. Cosmetics Holdings, Inc, is a cosmetic company. The Company conducts its business under the name e.l.f. Cosmetics, and offers products for eyes, lips and face to consumers through its retail customers, e.l.f. stores and e-commerce channels. The Company offers a range of products for eyes, such as eyeshadow, eyeliner, mascara and eyelashes, eyebrows, concealer and primer, brushes and tools, and sets and palettes.

Analyst Recommendations for e.l.f. Beauty (NYSE:ELF)

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