e.l.f. Beauty (NYSE:ELF) Price Target Lowered to $139.00 at Morgan Stanley

e.l.f. Beauty (NYSE:ELF – Free Report) had its price objective lowered by Morgan Stanley from $184.00 to $139.00 in a research report sent to investors on Monday morning, Benzinga reports. The brokerage currently has an equal weight rating on the stock. A number of other research firms also recently weighed in on ELF. Robert W. [...]

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e.l.f.

Beauty ( NYSE:ELF – Free Report ) had its price objective lowered by Morgan Stanley from $184.00 to $139.00 in a research report sent to investors on Monday morning, Benzinga reports.



The brokerage currently has an equal weight rating on the stock. A number of other research firms also recently weighed in on ELF. Robert W.

Baird increased their target price on shares of e.l.f.

Beauty from $230.00 to $240.00 and gave the company an outperform rating in a research report on Friday, August 9th.

Baird R W raised shares of e.l.f.

Beauty from a hold rating to a strong-buy rating in a research report on Thursday, July 18th. B. Riley initiated coverage on shares of e.

l.f. Beauty in a research report on Tuesday, September 10th.

They set a buy rating and a $175.00 price objective for the company. TD Cowen reduced their price objective on shares of e.

l.f. Beauty from $235.

00 to $150.00 and set a buy rating for the company in a research report on Thursday, September 12th. Finally, DA Davidson reaffirmed a buy rating and set a $223.

00 price objective on shares of e.l.f.

Beauty in a research report on Wednesday, September 18th. One analyst has rated the stock with a sell rating, two have given a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, e.

l.f. Beauty has an average rating of Moderate Buy and a consensus target price of $195.

80. Check Out Our Latest Analysis on ELF e.l.

f. Beauty Stock Performance e.l.

f. Beauty ( NYSE:ELF – Get Free Report ) last released its earnings results on Thursday, August 8th. The company reported $0.

87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.67 by $0.20.

The business had revenue of $324.48 million during the quarter, compared to the consensus estimate of $303.60 million.

e.l.f.

Beauty had a net margin of 10.80% and a return on equity of 23.30%.

Research analysts anticipate that e.l.f.

Beauty will post 2.88 earnings per share for the current year. Insider Buying and Selling In related news, CEO Tarang Amin sold 23,528 shares of the stock in a transaction 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 transaction, the chief executive officer now directly owns 106,016 shares in the company, valued at approximately $14,465,883.20. The sale was disclosed in a document filed with the SEC, which is available through the SEC website .

In other e.l.f.

Beauty news, SVP Joshua Allen Franks sold 3,370 shares of the firm’s stock in a transaction on Monday, July 15th. The stock was sold at an average price of $201.28, for a total transaction of $678,313.

60. Following the transaction, the senior vice president now directly owns 71,986 shares in the company, valued at approximately $14,489,342.08.

The sale was disclosed in a document filed with the SEC, which is available through this hyperlink . Also, CEO Tarang Amin sold 23,528 shares of the firm’s stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $136.

45, for a total value of $3,210,395.60. Following the transaction, the chief executive officer now owns 106,016 shares in the company, valued at $14,465,883.

20. The disclosure for this sale can be found here . Insiders have sold a total of 42,832 shares of company stock worth $7,074,887 in the last ninety days.

Corporate insiders own 5.20% of the company’s stock. Hedge Funds Weigh In On e.

l.f. Beauty Several large investors have recently bought and sold shares of ELF.

Ashton Thomas Private Wealth LLC purchased a new stake in shares of e.l.f.

Beauty during the 2nd quarter valued at $26,000. Matrix Trust Co purchased a new stake in shares of e.l.

f. Beauty during the 2nd quarter valued at $27,000. Innealta Capital LLC purchased a new stake in shares of e.

l.f. Beauty during the 2nd quarter valued at $30,000.

Harbor Investment Advisory LLC purchased a new stake in shares of e.l.f.

Beauty during the 1st quarter valued at $31,000. Finally, Whittier Trust Co. of Nevada Inc.

increased its position in shares of e.l.f.

Beauty by 405.9% during the 2nd quarter. Whittier Trust Co.

of Nevada Inc. now owns 172 shares of the company’s stock valued at $36,000 after purchasing an additional 138 shares during the last quarter. 92.

44% of the stock is currently owned by institutional investors. About e.l.

f. Beauty ( Get Free Report ) 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. Recommended Stories Receive News & Ratings for e.l.

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