e.l.f. Beauty (NYSE:ELF) Issues FY25 Earnings Guidance

e.l.f. Beauty (NYSE:ELF) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share guidance of $3.47-$3.53 for the period, compared to the consensus earnings per share estimate of $3.51. The company issued revenue guidance of $1.315-$1.335 billion, compared to the consensus revenue estimate of $1.32 billion.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Piper Sandler decreased their price target on e.l.f. Beauty from $260.00 to $162.00 and set an “overweight” rating for the company in a report on Monday, September 16th. Morgan Stanley lowered their price objective on shares of e.l.f. Beauty from $184.00 to $139.00 and set an “equal weight” rating for the company in a research note on Monday, September 30th. Truist Financial cut their target price on shares of e.l.f. Beauty from $210.00 to $130.00 and set a “buy” rating on the stock in a research note on Wednesday, October 16th. Raymond James reaffirmed a “strong-buy” rating and issued a $235.00 price target on shares of e.l.f. Beauty in a research note on Monday, July 22nd. Finally, DA Davidson reissued a “buy” rating and set a $223.00 price objective on shares of e.l.f. Beauty in a research report on Tuesday, October 29th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, e.l.f. Beauty presently has a consensus rating of “Moderate Buy” and an average target price of $183.80.

e.l.f. Beauty Stock Down 2.8 %

Shares of ELF stock traded down $2.97 on Wednesday, hitting $104.16. The stock had a trading volume of 5,823,451 shares, compared to its average volume of 1,845,034. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.77 and a quick ratio of 1.10. The business has a 50 day moving average of $114.72 and a 200 day moving average of $156.82. e.l.f. Beauty has a 12-month low of $92.16 and a 12-month high of $221.83. The stock has a market cap of $5.87 billion, a price-to-earnings ratio of 51.04, a price-to-earnings-growth ratio of 2.15 and a beta of 1.44.

e.l.f. Beauty (NYSE:ELF) last posted its earnings results on Thursday, August 8th. The company reported $0.87 EPS for the quarter, topping the consensus estimate of $0.67 by $0.20. The firm had revenue of $324.48 million for the quarter, compared to analysts’ expectations of $303.60 million. e.l.f. Beauty had a net margin of 10.80% and a return on equity of 23.30%. As a group, analysts expect that e.l.f. Beauty will post 2.88 EPS for the current year.

Insider Buying and Selling at e.l.f. Beauty

In other e.l.f. Beauty news, CEO Tarang Amin sold 23,528 shares of the stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $136.45, for a total transaction of $3,210,395.60. Following the completion of the transaction, the chief executive officer now owns 106,016 shares in the company, valued at $14,465,883.20. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 3.50% of the company’s stock.

About e.l.f. Beauty

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.