elf Beauty Inc

elf Beauty Inc Stock Forecast & Price Prediction

Live elf Beauty Inc Stock (ELF) Price
$104.16

12

Ratings

  • Buy 7
  • Hold 5
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$104.16

P/E Ratio

51.31

Volume Traded Today

$6.5M

Dividend

Dividends not available for ELF

52 Week High/low

221.83/92.16

elf Beauty Inc Market Cap

$5.87B

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ELF Summary

The elf Beauty Inc (ELF) share price is expected to increase by 62.32% over the next year. This is based on calculating the average 12-month share price estimate provided by 12 stock analysts who have covered ELF. Price targets range from $130 at the low end to $250 at the high end. The current analyst consensus for ELF is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

ELF Analyst Ratings

elf Beauty Inc has a total of 12 Wall St Analyst ratings. There are 7 buy ratings, 5 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that elf Beauty Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

ELF stock forecast by analyst

These are the latest 20 analyst ratings of ELF.

Analyst/Firm

Rating

Price Target

Change

Date

Ashley Helgans
Jefferies

Buy

$175

Maintains

Oct 30, 2024
Linda Bolton Weiser
DA Davidson

Buy

$223

Maintains

Oct 29, 2024
Mark Astrachan
Stifel

Hold

$131

Maintains

Oct 24, 2024
Joel Beatty
Baird

Outperform

$175

Maintains

Oct 21, 2024
Bill Chappell
Truist Securities

Buy

$130

Maintains

Oct 16, 2024
Anna Lizzul
B of A Securities

Buy

$165

Maintains

Oct 15, 2024
Linda Bolton Weiser
DA Davidson

Buy

$223

Maintains

Oct 15, 2024
Andrea Teixeira
JP Morgan

Overweight

$167

Maintains

Oct 11, 2024
Linda Bolton Weiser
DA Davidson

Buy

$223

Maintains

Oct 1, 2024
Dara Mohsenian
Morgan Stanley

Equal-Weight

$139

Maintains

Sep 30, 2024
Linda Bolton Weiser
DA Davidson

Buy

$223

Maintains

Sep 18, 2024
Korinne Wolfmeyer
Piper Sandler

Overweight

$162

Maintains

Sep 16, 2024
Oliver Chen
TD Cowen

Buy

$150

Maintains

Sep 12, 2024
Linda Bolton Weiser
DA Davidson

Buy

$223

Maintains

Sep 11, 2024
Anna Glaessgen
B. Riley Securities

Buy

$175

Initiates

Sep 10, 2024
Anna Lizzul
B of A Securities

Buy

$190

Maintains

Sep 9, 2024
Linda Bolton Weiser
DA Davidson

Buy

$223

Maintains

Sep 3, 2024
Linda Bolton Weiser
DA Davidson

Buy

$223

Maintains

Aug 29, 2024
Korinne Wolfmeyer
Piper Sandler

Overweight

$260

Maintains

Aug 26, 2024
Andrea Teixeira
JP Morgan

Overweight

$207

Maintains

Aug 9, 2024

ELF Company Information

What They Do: Provides a range of cosmetic and skin care products.

Business Model: The company operates by selling its products through both retail partnerships and direct-to-consumer channels, including e-commerce platforms. This dual approach allows for a broad reach in the market, catering to diverse consumer preferences and maximizing sales opportunities.

Other Information: Founded in 2004 and headquartered in Oakland, California, e.l.f. Beauty, Inc. markets several brands, including e.l.f. Cosmetics and Well People. The company has undergone a rebranding from its former name, J.A. Cosmetics Holdings, Inc., in 2016, aiming to strengthen its identity in the competitive beauty industry.
ELF
elf Beauty Inc (ELF)

When did it IPO

2016

Staff Count

475

Country

United States

Sector/Industry

Consumer Defensive/Household & Personal Products

CEO

Mr. Tarang P. Amin

Market Cap

$5.87B

elf Beauty Inc (ELF) Financial Data

In 2023, ELF generated $578.8M in revenue, which was a increase of 47.61% from the previous year. This can be seen as a signal that ELF's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$318.1M

0.00 %
From Previous Year

Revenue From 2022

$392.2M

23.28 %
From Previous Year

Revenue From 2023

$578.8M

47.61 %
From Previous Year
  • Revenue TTM $1.13B
  • Operating Margin TTM 15.6%
  • Gross profit TTM $724.1M
  • Return on assets TTM 9.6%
  • Return on equity TTM 20.8%
  • Profit Margin 10.8%
  • Book Value Per Share 12.48%
  • Market capitalisation $5.87B
  • Revenue for 2021 $318.1M
  • Revenue for 2022 $392.2M
  • Revenue for 2023 $578.8M
  • EPS this year (TTM) $2.03

elf Beauty Inc (ELF) Latest News

News Image

Wed, 06 Nov 2024

Sentiment - POSITIVE

Source - CNBC

Summary - E.l.f. Beauty reported a 40% sales increase in Q2 and has raised its full-year earnings and sales guidance.

Why It Matters - E.l.f. Beauty's 40% sales growth and raised guidance signal strong market demand and potential for increased profitability, likely boosting investor confidence and stock performance.

News Image

Tue, 05 Nov 2024

Sentiment - POSITIVE

Source - Reuters

Summary - Elf Beauty is expected to report nearly 33% revenue growth for Q2, outperforming the industry due to its competitive pricing in cosmetics.

Why It Matters - Elf Beauty's strong revenue growth indicates robust brand performance and market share gain, highlighting resilience in a weak industry, which may boost investor confidence and stock value.

News Image

Wed, 06 Nov 2024

Sentiment - POSITIVE

Source - Reuters

Summary - Elf Beauty raised its annual sales and profit forecasts, citing strong demand for affordable cosmetics, resulting in an 18% share price increase in after-hours trading.

Why It Matters - Elf Beauty's revised forecasts signal strong demand and effective strategies, boosting investor confidence and driving share prices up, indicating potential for future growth and profitability.

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - e.l.f. Beauty, Inc. (NYSE:ELF) will hold its Q2 2025 Earnings Conference Call on November 6, 2024, at 4:30 PM ET, featuring key company executives and analysts from major firms.

Why It Matters - The Q2 earnings call for e.l.f. Beauty provides insights into the company's financial performance and strategic direction, influencing investor sentiment and stock valuation.

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - e.l.f. Beauty (NYSE: ELF) reported 40% net sales growth for Q2 2024, with a 195 basis point market share gain in the U.S. and 91% growth internationally, marking 23 consecutive quarters of growth.

Why It Matters - e.l.f. Beauty's 40% net sales growth and market share gains indicate strong performance and competitiveness, enhancing investor confidence in the company's future profitability and market position.

News Image

Wed, 06 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - E.l.f. Beauty (ELF) reported Q3 earnings of $0.77 per share, surpassing the Zacks estimate of $0.45, but down from $0.82 per share in the same quarter last year.

Why It Matters - E.l.f. Beauty's earnings beat estimates, signaling strong performance, but a year-over-year decline raises concerns about growth sustainability, affecting investor sentiment and stock valuation.

...

ELF Frequently asked questions

The highest forecasted price for ELF is $250 from Susan Anderson at Canaccord Genuity.

The lowest forecasted price for ELF is $130 from Linda Bolton Weiser from DA Davidson

The ELF analyst ratings consensus are 7 buy ratings, 5 hold ratings, and 0 sell ratings.