B. Riley Has Pessimistic View of e.l.f. Beauty Q1 Earnings

e.l.f. Beauty, Inc. (NYSE:ELF - Free Report) - Equities researchers at B. Riley dropped their Q1 2026 EPS estimates for shares of e.l.f. Beauty in a note issued to investors on Friday, June 13th. B. Riley analyst A. Glaessgen now expects that the company will post earnings per share of $0.63 for the quarter, down from their prior forecast of $0.68. B. Riley currently has a "Buy" rating and a $150.00 target price on the stock. The consensus estimate for e.l.f. Beauty's current full-year earnings is $2.38 per share.

e.l.f. Beauty (NYSE:ELF - Get Free Report) last announced its quarterly earnings results on Wednesday, May 28th. The company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.72 by $0.06. e.l.f. Beauty had a return on equity of 16.88% and a net margin of 7.55%. The business had revenue of $332.65 million for the quarter, compared to analyst estimates of $327.45 million. During the same quarter in the prior year, the company posted $0.53 EPS. The company's quarterly revenue was up 3.6% on a year-over-year basis.

ELF has been the subject of several other research reports. UBS Group upped their price target on shares of e.l.f. Beauty from $59.00 to $84.00 and gave the company a "neutral" rating in a research report on Wednesday, May 21st. Canaccord Genuity Group set a $114.00 price objective on shares of e.l.f. Beauty in a research note on Thursday, May 29th. DA Davidson lowered their price objective on shares of e.l.f. Beauty from $80.00 to $75.00 and set a "neutral" rating for the company in a research note on Monday, March 17th. Piper Sandler reiterated an "overweight" rating and set a $109.00 price objective (up from $81.00) on shares of e.l.f. Beauty in a research note on Thursday, May 29th. Finally, Jefferies Financial Group set a $115.00 price objective on shares of e.l.f. Beauty and gave the company a "buy" rating in a research report on Thursday, May 29th. Five research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $124.24.

e.l.f. Beauty Stock Down 2.6%

NYSE:ELF traded down $3.34 during mid-day trading on Monday, hitting $122.87. The stock had a trading volume of 248,210 shares, compared to its average volume of 2,536,979. The company has a current ratio of 1.90, a quick ratio of 1.17 and a debt-to-equity ratio of 0.20. The stock has a 50-day simple moving average of $80.48 and a two-hundred day simple moving average of $91.06. The company has a market capitalization of $6.92 billion, a PE ratio of 72.84, a PEG ratio of 6.76 and a beta of 1.52. e.l.f. Beauty has a twelve month low of $49.40 and a twelve month high of $219.77.

Insider Transactions at e.l.f. Beauty

In related news, insider Kory Marchisotto sold 51,350 shares of e.l.f. Beauty stock in a transaction that occurred on Monday, April 21st. The shares were sold at an average price of $53.36, for a total value of $2,740,036.00. Following the completion of the transaction, the insider now owns 152,492 shares in the company, valued at $8,136,973.12. The trade was a 25.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Scott Milsten sold 1,442 shares of the company's stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $114.78, for a total transaction of $165,512.76. Following the completion of the sale, the insider now owns 117,394 shares of the company's stock, valued at approximately $13,474,483.32. This trade represents a 1.21% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 327,207 shares of company stock valued at $25,252,926. Corporate insiders own 3.50% of the company's stock.

Institutional Investors Weigh In On e.l.f. Beauty

Hedge funds and other institutional investors have recently modified their holdings of the company. Baillie Gifford & Co. increased its position in e.l.f. Beauty by 51.0% in the 4th quarter. Baillie Gifford & Co. now owns 8,009,434 shares of the company's stock valued at $1,005,584,000 after acquiring an additional 2,703,742 shares during the period. Champlain Investment Partners LLC boosted its holdings in e.l.f. Beauty by 99.7% during the fourth quarter. Champlain Investment Partners LLC now owns 2,226,451 shares of the company's stock worth $279,531,000 after buying an additional 1,111,550 shares during the last quarter. William Blair Investment Management LLC boosted its stake in e.l.f. Beauty by 40.9% in the 4th quarter. William Blair Investment Management LLC now owns 2,305,349 shares of the company's stock worth $289,437,000 after purchasing an additional 669,321 shares during the period. Aspex Management HK Ltd bought a new position in shares of e.l.f. Beauty in the 4th quarter valued at about $73,576,000. Finally, Raymond James Financial Inc. bought a new stake in shares of e.l.f. Beauty during the 4th quarter valued at $68,775,000. 92.44% of the stock is currently owned by hedge funds and other institutional investors.

e.l.f. Beauty Company Profile

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.