21 analysts have expressed a variety of opinions on e.l.f. Beauty ELF over the past quarter, offering a diverse set of opinions from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 13 | 7 | 1 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 4 | 1 | 1 | 0 | 0 |
| 2M Ago | 7 | 2 | 0 | 0 | 0 |
| 3M Ago | 2 | 3 | 0 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $200.52, a high estimate of $260.00, and a low estimate of $130.00. Observing a downward trend, the current average is 11.59% lower than the prior average price target of $226.80.
Deciphering Analyst Ratings: An In-Depth Analysis
A clear picture of e.l.f. Beauty's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Joel Beatty | Baird | Lowers | Outperform | $175.00 | $240.00 |
| Bill Chappell | Truist Securities | Lowers | Buy | $130.00 | $210.00 |
| Anna Lizzul | B of A Securities | Lowers | Buy | $165.00 | $190.00 |
| Linda Bolton Weiser | DA Davidson | Maintains | Buy | $223.00 | $223.00 |
| Andrea Teixeira | JP Morgan | Lowers | Overweight | $167.00 | $207.00 |
| Linda Bolton Weiser | DA Davidson | Maintains | Buy | $223.00 | $223.00 |
| Dara Mohsenian | Morgan Stanley | Lowers | Equal-Weight | $139.00 | $184.00 |
| Linda Bolton Weiser | DA Davidson | Maintains | Buy | $223.00 | $223.00 |
| Korinne Wolfmeyer | Piper Sandler | Lowers | Overweight | $162.00 | $260.00 |
| Oliver Chen | TD Cowen | Lowers | Buy | $150.00 | $235.00 |
| Linda Bolton Weiser | DA Davidson | Maintains | Buy | $223.00 | $223.00 |
| Anna Glaessgen | B. Riley Securities | Announces | Buy | $175.00 | - |
| Anna Lizzul | B of A Securities | Lowers | Buy | $190.00 | $230.00 |
| Linda Bolton Weiser | DA Davidson | Maintains | Buy | $223.00 | $223.00 |
| Linda Bolton Weiser | DA Davidson | Maintains | Buy | $223.00 | $223.00 |
| Korinne Wolfmeyer | Piper Sandler | Maintains | Overweight | $260.00 | $260.00 |
| Andrea Teixeira | JP Morgan | Lowers | Overweight | $207.00 | $224.00 |
| Linda Bolton Weiser | DA Davidson | Raises | Buy | $223.00 | $220.00 |
| Peter Grom | UBS | Lowers | Buy | $230.00 | $250.00 |
| Korinne Wolfmeyer | Piper Sandler | Raises | Overweight | $260.00 | $258.00 |
| Joel Beatty | Baird | Raises | Outperform | $240.00 | $230.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to e.l.f. Beauty. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of e.l.f. Beauty compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for e.l.f. Beauty's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
For valuable insights into e.l.f. Beauty's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on e.l.f. Beauty analyst ratings.
Unveiling the Story Behind e.l.f. Beauty
e.l.f. Beauty Inc is a multi-brand beauty company that offers inclusive, accessible, clean, vegan and cruelty-free cosmetics and skin care products. The Company's mission is to make the best of beauty accessible to every eye, lip, face, and skin concern. The company offers cosmetic accessories for women which include eyeliner, mascara, false eyelashes, lipstick, the foundation for the face, moisturizer, cleanser, and other tools through its stores and e-commerce channels. The products that the company sells are marketed under the e.l.f. Cosmetics, W3LL PEOPLE and Keys Soulcare brands. It carries out sales within the US and internationally, out of which maximum revenue is generated from the US.
e.l.f. Beauty: A Financial Overview
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining e.l.f. Beauty's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 49.99% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Staples sector.
Net Margin: e.l.f. Beauty's net margin is impressive, surpassing industry averages. With a net margin of 14.66%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): e.l.f. Beauty's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 7.07% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): e.l.f. Beauty's ROA excels beyond industry benchmarks, reaching 4.07%. This signifies efficient management of assets and strong financial health.
Debt Management: e.l.f. Beauty's debt-to-equity ratio is below the industry average. With a ratio of 0.43, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Analyst Ratings: What Are They?
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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