e.l.f. Beauty (NYSE:ELF) Releases FY25 Earnings Guidance

e.l.f. Beauty (NYSE:ELF) updated its FY25 earnings guidance on Wednesday. The company provided EPS guidance of $3.47-$3.53 for the period, compared to the consensus EPS estimate of $3.51. The company issued revenue guidance of $1.315-$1.335 billion, compared to the consensus revenue estimate of $1.32 billion. e.l.f. Beauty also updated its FY 2025 guidance to 3.470-3.530 EPS.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on ELF. Bank of America reduced their price target on e.l.f. Beauty from $190.00 to $165.00 and set a “buy” rating for the company in a report on Tuesday, October 15th. DA Davidson reduced their target price on e.l.f. Beauty from $223.00 to $170.00 and set a “buy” rating for the company in a research note on Thursday. Morgan Stanley decreased their target price on e.l.f. Beauty from $184.00 to $139.00 and set an “equal weight” rating on the stock in a report on Monday, September 30th. Piper Sandler reissued an “overweight” rating and issued a $165.00 price target (up from $162.00) on shares of e.l.f. Beauty in a report on Thursday. Finally, Canaccord Genuity Group reduced their price objective on e.l.f. Beauty from $250.00 to $200.00 and set a “buy” rating for the company in a report on Thursday. One research analyst has rated the stock with a sell rating, two have issued a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $173.53.

e.l.f. Beauty Price Performance

e.l.f. Beauty stock traded up $4.08 during trading hours on Friday, reaching $120.15. 3,872,222 shares of the stock were exchanged, compared to its average volume of 1,892,833. The company has a current ratio of 1.77, a quick ratio of 1.10 and a debt-to-equity ratio of 0.23. e.l.f. Beauty has a twelve month low of $92.16 and a twelve month high of $221.83. The company has a market cap of $6.78 billion, a P/E ratio of 57.21, a price-to-earnings-growth ratio of 2.16 and a beta of 1.44. The stock has a 50 day moving average of $112.47 and a two-hundred day moving average of $155.89.

e.l.f. Beauty (NYSE:ELF) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.20. The business had revenue of $324.48 million for the quarter, compared to analyst estimates of $303.60 million. e.l.f. Beauty had a net margin of 10.80% and a return on equity of 23.30%. Equities analysts expect that e.l.f. Beauty will post 2.88 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Tarang Amin sold 23,528 shares of e.l.f. Beauty stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $136.45, for a total value of $3,210,395.60. Following the transaction, the chief executive officer now owns 106,016 shares in the company, valued at approximately $14,465,883.20. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate 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.