William Blair Weighs in on e.l.f. Beauty Q2 Earnings

e.l.f. Beauty, Inc. (NYSE:ELF - Free Report) - Research analysts at William Blair issued their Q2 2026 earnings per share (EPS) estimates for shares of e.l.f. Beauty in a report released on Thursday, May 29th. William Blair analyst J. Andersen forecasts that the company will post earnings per share of $0.45 for the quarter. The consensus estimate for e.l.f. Beauty's current full-year earnings is $2.38 per share. William Blair also issued estimates for e.l.f. Beauty's Q3 2026 earnings at $0.73 EPS and Q4 2026 earnings at $0.77 EPS.

A number of other brokerages have also weighed in on ELF. Bank of America boosted their price target on e.l.f. Beauty from $80.00 to $95.00 and gave the stock a "buy" rating in a research note on Wednesday, May 21st. Jefferies Financial Group set a $115.00 target price on shares of e.l.f. Beauty and gave the stock a "buy" rating in a research report on Thursday, May 29th. DA Davidson cut their price target on shares of 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. Stifel Nicolaus lowered their price objective on shares of e.l.f. Beauty from $115.00 to $105.00 and set a "hold" rating for the company in a research note on Monday, February 3rd. Finally, Truist Financial upped their target price on e.l.f. Beauty from $75.00 to $125.00 and gave the company a "buy" rating in a research report on Friday. Five investment analysts have rated the stock with 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 stock presently has an average rating of "Moderate Buy" and an average target price of $117.76.

e.l.f. Beauty Stock Up 0.8%

Shares of e.l.f. Beauty stock traded up $0.88 during trading on Monday, reaching $114.65. The company's stock had a trading volume of 2,288,594 shares, compared to its average volume of 3,003,551. e.l.f. Beauty has a 1-year low of $49.40 and a 1-year high of $219.77. The company has a 50-day simple moving average of $68.20 and a two-hundred day simple moving average of $91.38. The company has a quick ratio of 1.17, a current ratio of 1.90 and a debt-to-equity ratio of 0.20. The company has a market cap of $6.47 billion, a price-to-earnings ratio of 67.84, a P/E/G ratio of 6.76 and a beta of 1.31.

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

Insiders Place Their Bets

In related news, CEO Tarang Amin sold 97,915 shares of e.l.f. Beauty stock in a transaction dated Monday, April 21st. The stock was sold at an average price of $53.36, for a total value of $5,224,744.40. Following the completion of the transaction, the chief executive officer now owns 181,289 shares in the company, valued at $9,673,581.04. The trade was a 35.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Kory Marchisotto sold 51,350 shares of the company's stock in a transaction dated Monday, April 21st. The stock was 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 directly owns 152,492 shares of the company's stock, valued at $8,136,973.12. The trade was a 25.19% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 223,001 shares of company stock worth $12,996,483. Corporate insiders own 3.50% of the company's stock.

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

A number of institutional investors have recently added to or reduced their stakes in ELF. Nemes Rush Group LLC acquired a new position in e.l.f. Beauty during the fourth quarter worth $27,000. Orion Capital Management LLC acquired a new stake in shares of e.l.f. Beauty in the fourth quarter valued at about $30,000. Promus Capital LLC purchased a new stake in shares of e.l.f. Beauty during the fourth quarter worth about $31,000. Kestra Investment Management LLC acquired a new position in shares of e.l.f. Beauty during the 4th quarter worth about $32,000. Finally, Financial Life Planners acquired a new position in shares of e.l.f. Beauty during the 4th quarter worth about $46,000. Institutional investors and hedge funds own 92.44% of the company's stock.

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.