e.l.f. Beauty (ELF) to Release Quarterly Earnings on Wednesday

e.l.f. Beauty (NYSE:ELF) will be issuing its quarterly earnings data after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.44 per share for the quarter. e.l.f. Beauty has set its FY25 guidance at $3.36-$3.41 EPS and its FY 2025 guidance at 3.360-3.410 EPS.Individual interested in listening to the company’s earnings conference call can do so using this link.

e.l.f. Beauty (NYSE:ELF) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.20. The company had revenue of $324.48 million during the quarter, compared to analyst estimates of $303.60 million. e.l.f. Beauty had a return on equity of 23.30% and a net margin of 10.80%. On average, analysts expect e.l.f. Beauty to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

e.l.f. Beauty Trading Up 3.0 %

Shares of e.l.f. Beauty stock opened at $113.32 on Wednesday. The firm has a market capitalization of $6.34 billion, a price-to-earnings ratio of 51.05, a PEG ratio of 2.22 and a beta of 1.43. e.l.f. Beauty has a fifty-two week low of $88.47 and a fifty-two week high of $221.83. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.10 and a current ratio of 1.77. The stock has a 50 day moving average of $120.52 and a 200 day moving average of $158.87.

Insiders Place Their Bets

In other e.l.f. Beauty news, CEO Tarang Amin sold 23,528 shares of e.l.f. Beauty stock in a transaction dated Thursday, September 5th. The stock was 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 of the company’s stock, valued at $14,465,883.20. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 5.20% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Stifel Nicolaus lowered their price objective on e.l.f. Beauty from $161.00 to $131.00 and set a “hold” rating for the company in a research report on Thursday, October 24th. Truist Financial lowered their price target 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. Baird R W upgraded e.l.f. Beauty from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 18th. Piper Sandler lowered their price target on e.l.f. Beauty from $260.00 to $162.00 and set an “overweight” rating for the company in a research report on Monday, September 16th. Finally, UBS Group lowered their price target on e.l.f. Beauty from $250.00 to $230.00 and set a “buy” rating for the company in a research report on Friday, August 9th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $184.43.

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.