e.l.f. Beauty (ELF) Expected to Announce Earnings on Tuesday

e.l.f. Beauty (NYSE:ELF - Get Free Report) is expected to be issuing its quarterly earnings data after the market closes on Tuesday, February 4th. Analysts expect the company to announce earnings of $0.76 per share and revenue of $328.21 million for the quarter. Persons interested in participating in the company's earnings conference call can do so using this link.

e.l.f. Beauty (NYSE:ELF - Get Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.77 earnings per share for the quarter, topping analysts' consensus estimates of $0.43 by $0.34. e.l.f. Beauty had a net margin of 8.87% and a return on equity of 19.34%. The business had revenue of $301.10 million for the quarter, compared to analysts' expectations of $289.43 million. During the same quarter in the prior year, the company earned $0.66 earnings per share. The business's revenue was up 39.7% compared to the same quarter last year. On average, analysts expect e.l.f. Beauty to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

e.l.f. Beauty Stock Down 1.5 %

Shares of ELF stock traded down $1.35 during trading hours on Wednesday, hitting $87.09. 3,261,464 shares of the company's stock traded hands, compared to its average volume of 2,039,532. The company has a quick ratio of 1.01, a current ratio of 1.78 and a debt-to-equity ratio of 0.22. The stock's fifty day simple moving average is $125.24 and its two-hundred day simple moving average is $129.18. e.l.f. Beauty has a 12-month low of $85.41 and a 12-month high of $221.83. The stock has a market cap of $4.91 billion, a price-to-earnings ratio of 47.08, a PEG ratio of 1.74 and a beta of 1.47.

Insider Activity at e.l.f. Beauty

In other news, insider Scott Milsten sold 530 shares of the company's stock in a transaction dated Friday, December 6th. The stock was sold at an average price of $137.60, for a total value of $72,928.00. Following the completion of the transaction, the insider now owns 68,853 shares of the company's stock, valued at $9,474,172.80. This represents a 0.76 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Tarang Amin sold 890 shares of e.l.f. Beauty stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $137.60, for a total value of $122,464.00. Following the sale, the chief executive officer now directly owns 99,699 shares in the company, valued at $13,718,582.40. This trade represents a 0.88 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 2,205 shares of company stock worth $297,442. 3.50% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

ELF has been the topic of several analyst reports. Piper Sandler dropped their target price on e.l.f. Beauty from $167.00 to $131.00 and set an "overweight" rating on the stock in a report on Wednesday. UBS Group upped their price target on shares of e.l.f. Beauty from $156.00 to $158.00 and gave the stock a "buy" rating in a research note on Thursday, January 16th. Bank of America dropped their target price on shares of e.l.f. Beauty from $190.00 to $165.00 and set a "buy" rating on the stock in a research note on Tuesday, October 15th. Morgan Stanley upgraded shares of e.l.f. Beauty from an "equal weight" rating to an "overweight" rating and increased their price target for the company from $139.00 to $153.00 in a report on Monday, January 13th. Finally, Canaccord Genuity Group decreased their price objective on shares of e.l.f. Beauty from $250.00 to $200.00 and set a "buy" rating for the company in a report on Thursday, November 7th. One analyst has rated the stock with a sell rating, two have given a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, e.l.f. Beauty has a consensus rating of "Moderate Buy" and a consensus price target of $166.35.

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.