e.l.f. Beauty (ELF) Projected to Post Quarterly Earnings on Tuesday

e.l.f. Beauty (NYSE:ELF) 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 $328,210.00 billion for the quarter. e.l.f. Beauty has set its FY25 guidance at $3.47-$3.53 EPS and its FY 2025 guidance at 3.470-3.530 EPS.Parties interested in registering for the company’s earnings conference call can do so using this link.

e.l.f. Beauty (NYSE:ELF) last announced its earnings results on Wednesday, November 6th. The company reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.34. e.l.f. Beauty had a return on equity of 19.34% and a net margin of 8.87%. The company had revenue of $301.10 million for the quarter, compared to analyst estimates of $289.43 million. During the same period in the previous year, the firm earned $0.66 earnings per share. e.l.f. Beauty’s revenue for the quarter 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 $4 EPS for the next fiscal year.

e.l.f. Beauty Trading Down 5.7 %

NYSE:ELF opened at $104.26 on Tuesday. The stock has a fifty day simple moving average of $128.46 and a 200 day simple moving average of $133.52. 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 firm has a market capitalization of $5.87 billion, a price-to-earnings ratio of 56.35, a price-to-earnings-growth ratio of 2.03 and a beta of 1.50. e.l.f. Beauty has a 1-year low of $98.50 and a 1-year high of $221.83.

Analyst Upgrades and Downgrades

ELF has been the subject of several research analyst reports. JPMorgan Chase & Co. upped their price target on shares of e.l.f. Beauty from $154.00 to $163.00 and gave the company an “overweight” rating in a research report on Thursday, January 16th. Morgan Stanley raised e.l.f. Beauty from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $139.00 to $153.00 in a research report on Monday, January 13th. DA Davidson reissued a “buy” rating and set a $170.00 price target on shares of e.l.f. Beauty in a research report on Tuesday, January 21st. Deutsche Bank Aktiengesellschaft initiated coverage on e.l.f. Beauty in a research report on Thursday, December 12th. They set a “hold” rating and a $133.00 price objective for the company. Finally, Truist Financial increased their price target on shares of e.l.f. Beauty from $130.00 to $150.00 and gave the stock a “buy” rating in a research report on Wednesday, December 18th. One equities research 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, the stock currently has an average rating of “Moderate Buy” and an average target price of $169.06.

Insider Activity

In other news, insider Scott Milsten sold 530 shares of e.l.f. Beauty 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 transaction, the insider now directly owns 68,853 shares in the company, valued at approximately $9,474,172.80. The trade was a 0.76 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Tarang Amin sold 890 shares of the business’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 $122,464.00. Following the transaction, the chief executive officer now directly owns 99,699 shares of the company’s stock, valued at $13,718,582.40. This represents a 0.88 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 2,205 shares of company stock valued at $297,442. Insiders own 3.50% of the company’s stock.

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.