e.l.f. Beauty (NYSE:ELF) released its quarterly earnings results on Thursday. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.05, Briefing.com reports. The company had revenue of $74.71 million during the quarter, compared to the consensus estimate of $64.11 million. e.l.f. Beauty had a return on equity of 7.30% and a net margin of 0.11%. The firm’s revenue was up 13.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.06 EPS.
e.l.f. Beauty stock opened at $15.78 on Friday. The business has a 50 day moving average price of $11.58 and a two-hundred day moving average price of $14.62. The company has a quick ratio of 1.92, a current ratio of 2.71 and a debt-to-equity ratio of 0.55. The stock has a market cap of $710.41 million, a price-to-earnings ratio of -1,441.56 and a beta of 2.23. e.l.f. Beauty has a 12 month low of $7.58 and a 12 month high of $20.00.
Several analysts have recently issued reports on ELF shares. Jefferies Financial Group upgraded e.l.f. Beauty from a “hold” rating to a “buy” rating and set a $20.00 price target for the company in a research note on Monday, January 27th. ValuEngine upgraded e.l.f. Beauty from a “sell” rating to a “hold” rating in a research note on Thursday, April 2nd. SunTrust Banks boosted their price objective on e.l.f. Beauty from $15.00 to $20.00 and gave the stock a “buy” rating in a research report on Friday. Zacks Investment Research cut e.l.f. Beauty from a “buy” rating to a “hold” rating in a research report on Friday, April 24th. Finally, Oppenheimer reissued a “hold” rating on shares of e.l.f. Beauty in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the company. e.l.f. Beauty currently has a consensus rating of “Hold” and an average target price of $18.60.
e.l.f. Beauty, Inc, a beauty company, provides cosmetic and skin care products under the e.l.f. brand name worldwide. The company offers eye, lip, face, and skin care products, as well as kits and tools. It sells its products through national and international retailers and direct-to-consumer channels, which include e-commerce and e.l.f.
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