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

e.l.f. Beauty (NYSE:ELF) is projected to announce its earnings results 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.Individual that wish to register for the company’s earnings conference call can do so using this link.

e.l.f. Beauty (NYSE:ELF) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.34. The business had revenue of $301.10 million for the quarter, compared to analysts’ expectations of $289.43 million. e.l.f. Beauty had a return on equity of 19.34% and a net margin of 8.87%. e.l.f. Beauty’s quarterly revenue was up 39.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.66 earnings per share. 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 Down 5.7 %

Shares of ELF stock opened at $104.26 on Tuesday. The stock has a market cap of $5.87 billion, a P/E ratio of 56.35, a price-to-earnings-growth ratio of 2.03 and a beta of 1.50. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.78 and a quick ratio of 1.01. The stock has a fifty day moving average price of $128.46 and a 200 day moving average price of $133.52. e.l.f. Beauty has a one year low of $98.50 and a one year high of $221.83.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Piper Sandler upped their target price on shares of e.l.f. Beauty from $165.00 to $167.00 and gave the company an “overweight” rating in a research note on Monday, January 6th. Jefferies Financial Group dropped their target price on e.l.f. Beauty from $220.00 to $175.00 and set a “buy” rating for the company in a report on Wednesday, October 30th. Robert W. Baird decreased their price target on e.l.f. Beauty from $240.00 to $175.00 and set an “outperform” rating on the stock in a research note on Monday, October 21st. UBS Group increased their price objective on e.l.f. Beauty from $156.00 to $158.00 and gave the stock a “buy” rating in a research note on Thursday, January 16th. Finally, The Goldman Sachs Group began coverage on shares of e.l.f. Beauty in a research note on Friday, December 13th. They issued a “buy” rating and a $165.00 target price on the stock. One research analyst has rated the stock with a sell rating, two have issued a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $169.06.

Insider Activity at e.l.f. Beauty

In other news, Director Maureen C. Watson sold 785 shares of the stock in a transaction on Friday, November 29th. The stock was sold at an average price of $130.00, for a total value of $102,050.00. Following the transaction, the director now owns 1,888 shares of the company’s stock, valued at $245,440. This represents a 29.37 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Tarang Amin sold 890 shares of e.l.f. Beauty stock in a transaction on Friday, December 6th. The stock was sold at an average price of $137.60, for a total value of $122,464.00. Following the sale, the chief executive officer now directly owns 99,699 shares of the company’s stock, valued at approximately $13,718,582.40. This trade represents a 0.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 2,205 shares of company stock worth $297,442 over the last 90 days. Insiders own 3.50% of the company’s stock.

e.l.f. Beauty Company Profile

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.