e.l.f. Beauty - ELF Stock Forecast, Price & News

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for e.l.f. Beauty in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ELF shares.
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12 brokerages have issued 1-year price targets for e.l.f. Beauty's stock. Their ELF share price forecasts range from $24.00 to $50.00. On average, they anticipate the company's share price to reach $40.30 in the next year. This suggests a possible upside of 4.1% from the stock's current price.
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e.l.f. Beauty's stock was trading at $33.21 at the start of the year. Since then, ELF shares have increased by 16.5% and is now trading at $38.70.
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e.l.f. Beauty saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 2,300,000 shares, an increase of 22.3% from the August 31st total of 1,880,000 shares. Based on an average daily volume of 659,000 shares, the days-to-cover ratio is presently 3.5 days. Currently, 4.7% of the shares of the company are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our ELF earnings forecast.

e.l.f. Beauty, Inc. (NYSE:ELF) issued its quarterly earnings results on Wednesday, August, 3rd. The company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.14. The firm had revenue of $122.60 million for the quarter, compared to analyst estimates of $109.42 million. e.l.f. Beauty had a net margin of 6.69% and a trailing twelve-month return on equity of 10.95%.

e.l.f. Beauty updated its FY 2023 earnings guidance on Wednesday, August, 10th. The company provided earnings per share (EPS) guidance of $0.84-$0.87 for the period, compared to the consensus earnings per share estimate of $0.83. The company issued revenue guidance of $448.00 million-$456.00 million, compared to the consensus revenue estimate of $441.46 million.

54 employees have rated e.l.f. Beauty Chief Executive Officer Tarang Amin on Glassdoor.com. Tarang Amin has an approval rating of 96% among the company's employees. This puts Tarang Amin in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other e.l.f. Beauty investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Alibaba Group (BABA), NIKE (NKE), Tesla (TSLA), AbbVie (ABBV), Micron Technology (MU), Walt Disney (DIS), General Electric (GE) and Starbucks (SBUX).

(ELF) raised $124 million in an initial public offering (IPO) on Thursday, September 22nd 2016. The company issued 8,300,000 shares at $14.00-$16.00 per share. J.P. Morgan and Morgan Stanley acted as the underwriters for the IPO and Piper Jaffray, Wells Fargo Securities, William Blair, Cowen and Company, BMO Capital Markets, Stifel and SunTrust Robinson Humphrey were co-managers.

e.l.f. Beauty trades on the New York Stock Exchange (NYSE) under the ticker symbol "ELF."

Shares of ELF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ELF stock can currently be purchased for approximately $38.70.

e.l.f. Beauty (NYSE:ELF) has a market capitalization of $2.03 billion and generates $392.15 million in revenue each year. The company earns $21.77 million in net income (profit) each year or $0.53 on an earnings per share basis.

The company employs 267 workers across the globe.

e.l.f. Beauty's mailing address is 570 10TH STREET, OAKLAND CA, 94607. The official website for the company is www.elfcosmetics.com. The company can be reached via phone at (510) 778-7787 or via email at kkatten@elfbeauty.com.