Q4 2017 Earnings Estimate for e.l.f. Beauty Inc. (ELF) Issued By SunTrust Banks

e.l.f. Beauty Inc. (NYSE:ELF) – Stock analysts at SunTrust Banks dropped their Q4 2017 earnings estimates for shares of e.l.f. Beauty in a note issued to investors on Wednesday. SunTrust Banks analyst W. Chappell now anticipates that the company will post earnings of $0.13 per share for the quarter, down from their prior forecast of $0.15.

A number of other equities research analysts also recently weighed in on ELF. Citigroup Inc. started coverage on e.l.f. Beauty in a report on Tuesday, July 25th. They set a “buy” rating and a $30.00 target price for the company. BMO Capital Markets set a $38.00 target price on e.l.f. Beauty and gave the stock a “buy” rating in a report on Tuesday, August 8th. Stifel Nicolaus set a $25.00 target price on e.l.f. Beauty and gave the stock a “hold” rating in a report on Thursday, August 10th. Piper Jaffray Companies set a $32.00 target price on e.l.f. Beauty and gave the stock a “buy” rating in a report on Thursday, August 10th. Finally, DA Davidson started coverage on e.l.f. Beauty in a report on Wednesday, September 6th. They set a “buy” rating and a $26.00 target price for the company. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. e.l.f. Beauty has an average rating of “Buy” and an average price target of $24.27.

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e.l.f. Beauty (NYSE ELF) opened at $19.05 on Monday. The company has a current ratio of 2.17, a quick ratio of 0.95 and a debt-to-equity ratio of 0.89. e.l.f. Beauty has a 52-week low of $18.52 and a 52-week high of $32.54. The company has a market cap of $881.25, a price-to-earnings ratio of 44.30, a price-to-earnings-growth ratio of 3.34 and a beta of 3.53.

e.l.f. Beauty (NYSE:ELF) last released its quarterly earnings data on Wednesday, November 8th. The company reported $0.17 EPS for the quarter, topping the Zacks’ consensus estimate of $0.03 by $0.14. e.l.f. Beauty had a net margin of 7.02% and a return on equity of 13.90%. The firm had revenue of $71.90 million during the quarter, compared to analysts’ expectations of $68.38 million. During the same period in the previous year, the business posted $0.09 earnings per share. The company’s revenue for the quarter was up 27.7% compared to the same quarter last year.

A number of hedge funds have recently bought and sold shares of ELF. Bank of New York Mellon Corp raised its stake in e.l.f. Beauty by 7.2% in the first quarter. Bank of New York Mellon Corp now owns 50,987 shares of the company’s stock valued at $1,469,000 after purchasing an additional 3,421 shares in the last quarter. Parametric Portfolio Associates LLC raised its stake in e.l.f. Beauty by 31.4% in the first quarter. Parametric Portfolio Associates LLC now owns 23,821 shares of the company’s stock valued at $686,000 after purchasing an additional 5,691 shares in the last quarter. American International Group Inc. acquired a new position in e.l.f. Beauty in the first quarter valued at about $162,000. Vanguard Group Inc. raised its stake in e.l.f. Beauty by 67.3% in the first quarter. Vanguard Group Inc. now owns 1,322,465 shares of the company’s stock valued at $38,087,000 after purchasing an additional 531,777 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in e.l.f. Beauty by 2.2% in the first quarter. Geode Capital Management LLC now owns 100,544 shares of the company’s stock valued at $2,895,000 after purchasing an additional 2,145 shares in the last quarter. 87.01% of the stock is owned by institutional investors and hedge funds.

In related news, insider Jonathan T. Fieldman sold 4,137 shares of the business’s stock in a transaction dated Thursday, October 26th. The stock was sold at an average price of $23.00, for a total value of $95,151.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider John P. Bailey sold 6,159 shares of the business’s stock in a transaction dated Thursday, August 17th. The shares were sold at an average price of $24.72, for a total value of $152,250.48. The disclosure for this sale can be found here. In the last ninety days, insiders sold 15,468 shares of company stock valued at $348,359. 16.50% of the stock is owned by insiders.

About e.l.f. Beauty

e.l.f. Beauty, Inc, formerly J.A. Cosmetics Holdings, Inc, is a cosmetic company. The Company conducts its business under the name e.l.f. Cosmetics, and offers products for eyes, lips and face to consumers through its retail customers, e.l.f. stores and e-commerce channels. The Company offers a range of products for eyes, such as eyeshadow, eyeliner, mascara and eyelashes, eyebrows, concealer and primer, brushes and tools, and sets and palettes.

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

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