e.l.f. Beauty Inc (NYSE:ELF) has earned a consensus rating of “Hold” from the fourteen analysts that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, six have given a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $12.35.

A number of research analysts have issued reports on the stock. JPMorgan Chase & Co. assumed coverage on shares of Pinduoduo in a research note on Tuesday. They set an “underweight” rating and a $20.48 price target on the stock. Jefferies Financial Group upped their price target on shares of PepsiCo from $123.00 to $134.00 and gave the company a “hold” rating in a research note on Wednesday. Zacks Investment Research lowered shares of HEXO from a “hold” rating to a “sell” rating in a research note on Wednesday, May 15th. Citigroup set a $13.00 price target on shares of e.l.f. Beauty and gave the company a “hold” rating in a research note on Monday, May 13th. Finally, DA Davidson assumed coverage on shares of Business First Bancshares in a research note on Wednesday. They set a “neutral” rating and a $28.00 price target on the stock.

e.l.f. Beauty stock traded up $0.04 during mid-day trading on Friday, reaching $16.44. 35,843 shares of the company traded hands, compared to its average volume of 760,669. The company has a quick ratio of 2.22, a current ratio of 3.30 and a debt-to-equity ratio of 0.61. e.l.f. Beauty has a fifty-two week low of $6.70 and a fifty-two week high of $16.98. The firm has a market capitalization of $843.94 million, a P/E ratio of 37.43, a price-to-earnings-growth ratio of 19.37 and a beta of 2.38. The company has a fifty day moving average price of $12.73.

e.l.f. Beauty (NYSE:ELF) last issued its quarterly earnings results on Wednesday, May 8th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.01). e.l.f. Beauty had a negative net margin of 1.15% and a positive return on equity of 8.88%. The company had revenue of $66.14 million for the quarter, compared to analyst estimates of $56.91 million. Research analysts anticipate that e.l.f. Beauty will post 0.15 EPS for the current year.

In other news, major shareholder Tpg Growth Ii Advisors, Inc. sold 3,000,000 shares of the stock in a transaction on Tuesday, May 28th. The shares were sold at an average price of $10.75, for a total value of $32,250,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Jonathan T. Fieldman sold 39,260 shares of the stock in a transaction on Tuesday, July 9th. The stock was sold at an average price of $15.00, for a total transaction of $588,900.00. The disclosure for this sale can be found here. Insiders sold 3,087,560 shares of company stock worth $33,476,522 in the last quarter. Company insiders own 17.10% of the company’s stock.

Several large investors have recently added to or reduced their stakes in ELF. Arlington Partners LLC purchased a new position in e.l.f. Beauty in the second quarter worth approximately $279,000. Nordea Investment Management AB increased its stake in e.l.f. Beauty by 2.8% in the 1st quarter. Nordea Investment Management AB now owns 367,992 shares of the company’s stock valued at $3,901,000 after buying an additional 9,919 shares during the period. Marshall Wace North America L.P. increased its stake in e.l.f. Beauty by 30.0% in the 1st quarter. Marshall Wace North America L.P. now owns 37,453 shares of the company’s stock valued at $397,000 after buying an additional 8,637 shares during the period. Champlain Investment Partners LLC increased its stake in e.l.f. Beauty by 2.3% in the 1st quarter. Champlain Investment Partners LLC now owns 3,505,480 shares of the company’s stock valued at $37,158,000 after buying an additional 79,905 shares during the period. Finally, Sapience Investments LLC increased its stake in e.l.f. Beauty by 88.9% in the 1st quarter. Sapience Investments LLC now owns 1,058,184 shares of the company’s stock valued at $11,217,000 after buying an additional 497,874 shares during the period. Hedge funds and other institutional investors own 82.56% of the company’s stock.

e.l.f. Beauty Company Profile

e.l.f. Beauty, Inc, a beauty company, provides cosmetic and skin care products under the e.l.f. brand name worldwide. The company offers eye, lip, face, and skin care products, as well as kits and tools. It sells its products through national and international retailers and direct-to-consumer channels, which include e-commerce and e.l.f.

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

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