e.l.f. Beauty (NYSE:ELF) Price Target Lowered to $90.00 at Robert W. Baird

Key Points

• Robert W. Baird lowered its price target on e.l.f. Beauty from $115 to $90 but kept an "outperform" rating, with the new target implying roughly a 41.2% upside from the stock's recent close.
• Analysts have generally trimmed targets (Citigroup to $87, UBS to $70, TD Cowen to $100) but the MarketBeat consensus is still a "Moderate Buy" with a $106.44 average target; e.l.f. recently beat Q results (EPS $1.24 vs. $0.72 expected) and set FY2026 guidance of $3.05–$3.10 EPS.

e.l.f. Beauty (NYSE:ELF - Get Free Report) had its price objective reduced by equities researchers at Robert W. Baird from $115.00 to $90.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm presently has an "outperform" rating on the stock. Robert W. Baird's price target suggests a potential upside of 41.22% from the company's previous close.

ELF has been the subject of a number of other reports. Evercore assumed coverage on shares of e.l.f. Beauty in a report on Thursday, April 2nd. They set an "inline" rating and a $68.00 price target for the company. Citigroup cut their price objective on shares of e.l.f. Beauty from $115.00 to $87.00 and set a "buy" rating for the company in a research report on Wednesday, April 15th. UBS Group cut their price objective on shares of e.l.f. Beauty from $102.00 to $70.00 and set a "neutral" rating for the company in a research report on Tuesday, April 7th. TD Cowen cut their price objective on shares of e.l.f. Beauty from $110.00 to $100.00 and set a "buy" rating for the company in a research report on Monday, February 9th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of e.l.f. Beauty in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, e.l.f. Beauty presently has a consensus rating of "Moderate Buy" and a consensus price target of $106.44.

e.l.f. Beauty Stock Down 3.8%

ELF stock opened at $63.73 on Tuesday. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.76 and a quick ratio of 1.89. e.l.f. Beauty has a 52-week low of $58.05 and a 52-week high of $150.99. The company has a 50-day moving average of $73.50 and a two-hundred day moving average of $83.98. The stock has a market capitalization of $3.76 billion, a price-to-earnings ratio of 36.01, a price-to-earnings-growth ratio of 3.60 and a beta of 1.83.

e.l.f. Beauty (NYSE:ELF - Get Free Report) last released its quarterly earnings results on Wednesday, February 4th. The company reported $1.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.72 by $0.52. e.l.f. Beauty had a net margin of 6.84% and a return on equity of 15.08%. The company had revenue of $489.51 million during the quarter, compared to analysts' expectations of $461.78 million. During the same period in the prior year, the company earned $0.74 earnings per share. The business's quarterly revenue was up 37.8% compared to the same quarter last year. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. As a group, equities research analysts anticipate that e.l.f. Beauty will post 1.88 EPS for the current year.

Insider Buying and Selling at e.l.f. Beauty

In other news, CEO Tarang Amin sold 52,880 shares of the firm's stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $62.64, for a total transaction of $3,312,403.20. Following the completion of the sale, the chief executive officer owned 98,416 shares of the company's stock, valued at approximately $6,164,778.24. This trade represents a 34.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.90% of the company's stock.

Institutional Trading of e.l.f. Beauty

Several hedge funds have recently modified their holdings of the company. Tran Capital Management L.P. acquired a new stake in shares of e.l.f. Beauty in the third quarter valued at approximately $7,436,000. SG Americas Securities LLC grew its holdings in e.l.f. Beauty by 1,967.8% during the 4th quarter. SG Americas Securities LLC now owns 155,253 shares of the company's stock worth $11,805,000 after acquiring an additional 147,745 shares during the period. Jacobson & Schmitt Advisors LLC grew its holdings in e.l.f. Beauty by 34.5% during the 4th quarter. Jacobson & Schmitt Advisors LLC now owns 188,924 shares of the company's stock worth $14,366,000 after acquiring an additional 48,504 shares during the period. Vanguard Group Inc. grew its holdings in e.l.f. Beauty by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 5,347,046 shares of the company's stock worth $708,377,000 after acquiring an additional 14,651 shares during the period. Finally, Summit Creek Advisors LLC grew its holdings in e.l.f. Beauty by 14.6% during the 3rd quarter. Summit Creek Advisors LLC now owns 101,453 shares of the company's stock worth $13,440,000 after acquiring an additional 12,936 shares during the period. Institutional investors and hedge funds own 92.44% of the company's stock.

About e.l.f. Beauty

e.l.f. Beauty NYSE: ELF is an American cosmetics company known for offering an extensive range of affordable, trend-driven makeup and skincare products. The company's portfolio spans foundations, lipsticks, mascaras, brushes, serums, masks and other beauty essentials, all positioned at accessible price points. e.l.f. Beauty maintains a direct-to-consumer platform through its e-commerce site and engages in widespread retail partnerships with major chains such as Target, Walmart, Ulta Beauty and Amazon.

Founded in 2004 and headquartered in Oakland, California, e.l.f.

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