e.l.f. Beauty (ELF) Set to Announce Quarterly Earnings on Wednesday

e.l.f. Beauty (NYSE:ELF) is scheduled to announce its earnings results after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.44 per share for the quarter. e.l.f. Beauty has set its FY25 guidance at $3.36-$3.41 EPS and its FY 2025 guidance at 3.360-3.410 EPS.Investors that are interested in participating in the company’s conference call can do so using this link.

e.l.f. Beauty (NYSE:ELF) last released its earnings results on Thursday, August 8th. The company reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.20. e.l.f. Beauty had a return on equity of 23.30% and a net margin of 10.80%. The company had revenue of $324.48 million for the quarter, compared to analysts’ expectations of $303.60 million. 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 Stock Performance

NYSE ELF opened at $113.32 on Wednesday. The company has a current ratio of 1.77, a quick ratio of 1.10 and a debt-to-equity ratio of 0.23. The business’s 50 day moving average is $120.52 and its two-hundred day moving average is $158.87. e.l.f. Beauty has a 12-month low of $88.47 and a 12-month high of $221.83. The stock has a market capitalization of $6.34 billion, a price-to-earnings ratio of 51.05, a PEG ratio of 2.22 and a beta of 1.43.

Insider Activity at e.l.f. Beauty

In related news, CEO Tarang Amin sold 23,528 shares of the company’s stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $136.45, for a total value of $3,210,395.60. Following the sale, the chief executive officer now owns 106,016 shares of the company’s stock, valued at approximately $14,465,883.20. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 5.20% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on ELF shares. UBS Group dropped their target price on e.l.f. Beauty from $250.00 to $230.00 and set a “buy” rating on the stock in a research report on Friday, August 9th. Piper Sandler dropped their target price on e.l.f. Beauty from $260.00 to $162.00 and set an “overweight” rating on the stock in a research report on Monday, September 16th. Baird R W upgraded e.l.f. Beauty from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 18th. Robert W. Baird dropped their target price on e.l.f. Beauty from $240.00 to $175.00 and set an “outperform” rating on the stock in a research report on Monday, October 21st. Finally, DA Davidson restated a “buy” rating and issued a $223.00 price target on shares of e.l.f. Beauty in a report on Tuesday. One research analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, e.l.f. Beauty presently has a consensus rating of “Moderate Buy” and a consensus target price of $184.43.

e.l.f. Beauty Company Profile

e.l.f. Beauty, Inc, together with its subsidiaries, provides cosmetic and skin care products under the e.l.f. Cosmetics, e.l.f. Skin, Well People, and Keys Soulcare brand names worldwide. The company offers eye, lip, face, face, paw, and skin care products. It sells its products through national and international retailers and direct-to-consumer channels, which include e-commerce platforms in the United States, and internationally primarily through distributors.