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

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for e.l.f. Beauty in the last twelve months. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ELF shares.
View ELF analyst ratings or view top-rated stocks.

11 equities research analysts have issued 12 month price objectives 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 stock price to reach $40.30 in the next year. This suggests a possible upside of 4.2% from the stock's current price.
View analysts price targets for ELF or view top-rated stocks among Wall Street analysts.

e.l.f. Beauty's stock was trading at $33.21 at the start of the year. Since then, ELF stock has increased by 16.4% and is now trading at $38.66.
View the best growth stocks for 2022 here.

e.l.f. Beauty saw a drop in short interest in August. As of August 31st, there was short interest totaling 1,880,000 shares, a drop of 21.0% from the August 15th total of 2,380,000 shares. Based on an average daily trading volume, of 640,200 shares, the days-to-cover ratio is currently 2.9 days. Currently, 3.8% of the shares of the stock are sold short.
View e.l.f. Beauty's Short Interest.

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) released its quarterly earnings data on Wednesday, August, 3rd. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.16 by $0.14. The business had revenue of $122.60 million for the quarter, compared to the consensus estimate 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 guidance of $0.84-$0.87 for the period, compared to the consensus 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 a price of $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."

e.l.f. Beauty's stock is owned by many different institutional and retail investors. Top institutional investors include Jennison Associates LLC (3.34%), State Street Corp (2.96%), abrdn plc (2.55%), Victory Capital Management Inc. (2.42%), Loomis Sayles & Co. L P (2.42%) and Renaissance Technologies LLC (2.27%). Insiders that own company stock include Beth M Pritchard, Joshua Allen Franks, Kory Marchisotto, Lauren Cooks Levitan, Mandy J Fields, Mandy J Fields, Maureen C Watson, Maureen C Watson, Mubadala Investment Co Pjsc, Richard F Baruch Jr, Richard F Baruch, Jr, Sabrina Simmons, Scott Milsten, Tarang Amin and Tpg Growth Ii Advisors, Inc.
View institutional ownership trends.

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.
Compare Top Brokerages Here.

One share of ELF stock can currently be purchased for approximately $38.66.

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.