e.l.f. Beauty (NYSE:ELF) Shares Down 10.2% - Here's What Happened

Key Points

• Shares fell 10.2% to about $74 on Monday, trading as low as $73.56 on volume of ~826,266 shares (roughly 61% below the average daily volume).
• e.l.f. beat quarterly estimates with $1.24 EPS (vs. $0.72 est.) and $489.5M revenue (+37.8% YoY), and issued FY2026 guidance of $3.05–$3.10 EPS.
• Analysts have raised targets (MarketBeat consensus target $119.13, "Moderate Buy"), but the stock trades below its 50‑day ($84.72) and 200‑day ($100.58) moving averages, with a PE of 42.6 and institutional ownership of ~92.4%.

e.l.f. Beauty (NYSE:ELF - Get Free Report) was down 10.2% during trading on Monday . The company traded as low as $73.56 and last traded at $74.00. Approximately 826,266 shares changed hands during trading, a decline of 61% from the average daily volume of 2,123,063 shares. The stock had previously closed at $82.44.

Analysts Set New Price Targets

ELF has been the topic of a number of research reports. Jefferies Financial Group started coverage on e.l.f. Beauty in a research note on Wednesday, January 14th. They issued a "buy" rating and a $110.00 price objective on the stock. UBS Group upped their price target on shares of e.l.f. Beauty from $98.00 to $102.00 and gave the company a "neutral" rating in a research note on Thursday, February 5th. Zacks Research raised shares of e.l.f. Beauty from a "strong sell" rating to a "hold" rating in a report on Monday, January 5th. Citigroup boosted their target price on shares of e.l.f. Beauty from $110.00 to $115.00 and gave the company a "buy" rating in a report on Thursday, February 5th. Finally, JPMorgan Chase & Co. increased their target price on e.l.f. Beauty from $103.00 to $105.00 and gave the stock an "overweight" rating in a research report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $119.13.

e.l.f. Beauty Trading Down 8.5%

The firm's 50 day moving average is $84.72 and its 200 day moving average is $100.58. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.76 and a quick ratio of 1.89. The company has a market cap of $4.45 billion, a PE ratio of 42.62, a PEG ratio of 6.92 and a beta of 1.67.

e.l.f. Beauty (NYSE:ELF - Get Free Report) last released its quarterly earnings results on Wednesday, February 4th. The company reported $1.24 EPS for the quarter, beating analysts' consensus estimates of $0.72 by $0.52. The firm had revenue of $489.51 million during the quarter, compared to analyst estimates of $461.78 million. e.l.f. Beauty had a net margin of 6.84% and a return on equity of 15.08%. The business's revenue for the quarter was up 37.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.74 EPS. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. On average, equities analysts anticipate that e.l.f. Beauty will post 2.38 earnings per share for the current year.

Institutional Trading of e.l.f. Beauty

A number of large investors have recently modified their holdings of ELF. Migdal Insurance & Financial Holdings Ltd. bought a new stake in e.l.f. Beauty during the fourth quarter valued at approximately $26,000. Hilton Head Capital Partners LLC bought a new stake in shares of e.l.f. Beauty during the 4th quarter worth $32,000. EverSource Wealth Advisors LLC lifted its holdings in shares of e.l.f. Beauty by 97.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company's stock worth $32,000 after acquiring an additional 128 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in e.l.f. Beauty by 58.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company's stock worth $39,000 after acquiring an additional 117 shares in the last quarter. Finally, Arax Advisory Partners bought a new position in e.l.f. Beauty in the fourth quarter valued at $41,000. Institutional investors 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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