Q4 2018 Earnings Estimate for e.l.f. Beauty Inc (ELF) Issued By Oppenheimer

e.l.f. Beauty Inc (NYSE:ELF) – Research analysts at Oppenheimer reduced their Q4 2018 earnings per share estimates for shares of e.l.f. Beauty in a report issued on Monday, November 5th. Oppenheimer analyst R. Parikh now forecasts that the company will earn $0.14 per share for the quarter, down from their prior forecast of $0.17. Oppenheimer currently has a “Market Perform” rating on the stock.

Other analysts have also recently issued reports about the company. Piper Jaffray Companies cut e.l.f. Beauty from a “neutral” rating to an “underweight” rating and increased their target price for the stock from $17.00 to $23.00 in a research note on Thursday, August 9th. Jefferies Financial Group set a $13.00 target price on e.l.f. Beauty and gave the stock a “hold” rating in a research note on Wednesday, September 12th. Stifel Nicolaus lowered their target price on e.l.f. Beauty from $17.00 to $11.00 and set a “hold” rating for the company in a research note on Thursday, August 9th. SunTrust Banks lowered their target price on e.l.f. Beauty to $14.00 and set a “buy” rating for the company in a research note on Monday, August 13th. Finally, DA Davidson reissued a “neutral” rating and set a $12.25 target price (down from $23.00) on shares of e.l.f. Beauty in a research note on Thursday, August 9th. Two analysts have rated the stock with a sell rating, eight have given a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. e.l.f. Beauty has an average rating of “Hold” and a consensus target price of $14.25.

NYSE ELF opened at $13.01 on Thursday. e.l.f. Beauty has a 52-week low of $9.30 and a 52-week high of $23.85. The company has a debt-to-equity ratio of 0.66, a current ratio of 3.49 and a quick ratio of 1.72. The company has a market cap of $648.54 million, a P/E ratio of 27.10, a price-to-earnings-growth ratio of 6.12 and a beta of 1.35.

e.l.f. Beauty (NYSE:ELF) last posted its earnings results on Monday, November 5th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.08 by $0.09. e.l.f. Beauty had a return on equity of 10.60% and a net margin of 10.11%. The business had revenue of $63.90 million during the quarter, compared to analysts’ expectations of $60.09 million. During the same period in the prior year, the business earned $0.17 EPS. e.l.f. Beauty’s revenue for the quarter was down 11.1% compared to the same quarter last year.

In other e.l.f. Beauty news, insider John P. Bailey sold 86,600 shares of the company’s stock in a transaction that occurred on Monday, September 17th. The stock was sold at an average price of $13.35, for a total transaction of $1,156,110.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jonathan T. Fieldman sold 65,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 6th. The stock was sold at an average price of $13.22, for a total value of $859,300.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 488,040 shares of company stock valued at $6,148,730. Insiders own 16.50% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in the business. FMR LLC boosted its position in e.l.f. Beauty by 13.7% during the 2nd quarter. FMR LLC now owns 3,949,700 shares of the company’s stock worth $60,193,000 after acquiring an additional 477,400 shares during the last quarter. BlackRock Inc. boosted its position in e.l.f. Beauty by 4.2% during the 3rd quarter. BlackRock Inc. now owns 1,504,801 shares of the company’s stock worth $19,157,000 after acquiring an additional 60,782 shares during the last quarter. Canada Pension Plan Investment Board boosted its position in e.l.f. Beauty by 41.6% during the 3rd quarter. Canada Pension Plan Investment Board now owns 988,910 shares of the company’s stock worth $12,589,000 after acquiring an additional 290,610 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in e.l.f. Beauty by 19.1% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 870,793 shares of the company’s stock worth $13,271,000 after acquiring an additional 139,610 shares during the last quarter. Finally, Stephens Investment Management Group LLC boosted its position in e.l.f. Beauty by 3.5% during the 2nd quarter. Stephens Investment Management Group LLC now owns 547,999 shares of the company’s stock worth $8,763,000 after acquiring an additional 18,724 shares during the last quarter. 86.83% of the stock is owned by hedge funds and other institutional investors.

e.l.f. Beauty Company Profile

e.l.f. Beauty, Inc operates as a beauty company. The company offers cosmetics, including face makeup, eye makeup, lip products, nail products, and cosmetics sets/kits; and skin care products under the e.l.f. brand name. It sells its products through direct-to-consumer channels, which include e-commerce and e.l.f.

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Earnings History and Estimates for e.l.f. Beauty (NYSE:ELF)

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