B. Riley Comments on e.l.f. Beauty's Q1 Earnings (NYSE:ELF)

e.l.f. Beauty (NYSE:ELF - Free Report) - Investment analysts at B. Riley decreased their Q1 2026 EPS estimates for shares of e.l.f. Beauty in a report issued on Friday, June 13th. B. Riley analyst A. Glaessgen now anticipates that the company will earn $0.63 per share for the quarter, down from their previous 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 issued its quarterly earnings results on Wednesday, May 28th. The company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.72 by $0.06. The firm had revenue of $332.65 million during the quarter, compared to analyst estimates of $327.45 million. e.l.f. Beauty had a net margin of 8.53% and a return on equity of 17.98%. e.l.f. Beauty's revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.53 earnings per share.

A number of other research firms also recently issued reports on ELF. Piper Sandler reissued an "overweight" rating and set a $109.00 price target (up previously from $81.00) on shares of e.l.f. Beauty in a research report on Thursday, May 29th. DA Davidson reduced their price objective on e.l.f. Beauty from $80.00 to $75.00 and set a "neutral" rating on the stock in a research note on Monday, March 17th. JPMorgan Chase & Co. boosted their target price on e.l.f. Beauty from $70.00 to $123.00 and gave the stock an "overweight" rating in a report on Friday, May 30th. Bank of America raised their price target on shares of e.l.f. Beauty from $80.00 to $95.00 and gave the company a "buy" rating in a report on Wednesday, May 21st. Finally, Jefferies Financial Group set a $115.00 price target 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, ten have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $116.38.

e.l.f. Beauty Trading Down 2.7%

Shares of NYSE ELF traded down $3.34 during trading on Monday, hitting $122.23. 2,157,477 shares of the company traded hands, compared to its average volume of 2,552,634. The company has a quick ratio of 2.00, a current ratio of 3.05 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $6.89 billion, a P/E ratio of 63.33, a P/E/G ratio of 2.79 and a beta of 1.52. The company has a 50-day moving average price of $83.22 and a 200-day moving average price of $91.51. e.l.f. Beauty has a 1 year low of $49.40 and a 1 year high of $219.77.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Baillie Gifford & Co. increased its holdings in e.l.f. Beauty by 51.0% during the 4th quarter. Baillie Gifford & Co. now owns 8,009,434 shares of the company's stock worth $1,005,584,000 after purchasing an additional 2,703,742 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of e.l.f. Beauty by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 5,497,208 shares of the company's stock valued at $690,174,000 after buying an additional 68,103 shares during the last quarter. Champlain Investment Partners LLC grew its position in shares of e.l.f. Beauty by 19.7% during the first quarter. Champlain Investment Partners LLC now owns 2,665,026 shares of the company's stock worth $167,337,000 after buying an additional 438,575 shares in the last quarter. William Blair Investment Management LLC grew its position in shares of e.l.f. Beauty by 40.9% during the fourth quarter. William Blair Investment Management LLC now owns 2,305,349 shares of the company's stock worth $289,437,000 after buying an additional 669,321 shares in the last quarter. Finally, Clearbridge Investments LLC increased its stake in shares of e.l.f. Beauty by 17.5% in the fourth quarter. Clearbridge Investments LLC now owns 1,772,528 shares of the company's stock worth $222,541,000 after buying an additional 264,296 shares during the last quarter. Hedge funds and other institutional investors own 92.44% of the company's stock.

Insider Transactions at e.l.f. Beauty

In related news, CEO Tarang Amin sold 2,405 shares of e.l.f. Beauty stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $117.61, for a total transaction of $282,852.05. Following the sale, the chief executive officer now owns 186,586 shares of the company's stock, valued at $21,944,379.46. The trade was a 1.27% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Jennifer Catherine Hartnett sold 9,506 shares of the business's stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $116.52, for a total transaction of $1,107,639.12. Following the completion of the transaction, the insider now owns 53,903 shares in the company, valued at $6,280,777.56. This represents a 14.99% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 327,207 shares of company stock valued at $25,252,926. Corporate insiders own 3.50% of the company's stock.

About e.l.f. Beauty

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.