Analysts Expect Eyes Lips Face (ELF) to Post $0.09 Earnings Per Share

Wall Street analysts expect Eyes Lips Face (NYSE:ELF) to report earnings of $0.09 per share for the current quarter, Zacks reports. Eight analysts have issued estimates for Eyes Lips Face’s earnings, with the highest EPS estimate coming in at $0.10 and the lowest estimate coming in at $0.07. Eyes Lips Face also posted earnings of $0.09 per share in the same quarter last year. The firm is scheduled to report its next quarterly earnings report on Wednesday, May 9th.

According to Zacks, analysts expect that Eyes Lips Face will report full-year earnings of $0.60 per share for the current fiscal year, with EPS estimates ranging from $0.59 to $0.61. For the next fiscal year, analysts anticipate that the business will post earnings of $0.68 per share, with EPS estimates ranging from $0.62 to $0.77. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research analysts that follow Eyes Lips Face.

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Eyes Lips Face (NYSE:ELF) last issued its quarterly earnings data on Tuesday, February 27th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.08. The business had revenue of $81.59 million during the quarter, compared to analysts’ expectations of $81.70 million. Eyes Lips Face had a return on equity of 13.88% and a net margin of 12.40%.

Several equities analysts have recently issued reports on the company. Zacks Investment Research raised Eyes Lips Face from a “hold” rating to a “buy” rating and set a $22.00 price objective for the company in a report on Wednesday, January 10th. JPMorgan Chase set a $18.00 price objective on Eyes Lips Face and gave the company a “sell” rating in a report on Tuesday, February 27th. BMO Capital Markets cut Eyes Lips Face from an “outperform” rating to a “hold” rating and set a $24.00 price objective for the company. in a report on Wednesday, February 28th. Citigroup decreased their price objective on Eyes Lips Face from $24.00 to $22.00 and set a “buy” rating for the company in a report on Thursday, March 1st. Finally, KeyCorp assumed coverage on Eyes Lips Face in a research note on Wednesday, December 20th. They issued a “sector weight” rating for the company. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $22.18.

In related news, insider Scott Milsten sold 5,522 shares of Eyes Lips Face stock in a transaction dated Wednesday, February 14th. The stock was sold at an average price of $19.80, for a total value of $109,335.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 16.50% of the stock is owned by insiders.

A number of large investors have recently bought and sold shares of ELF. Compagnie Lombard Odier SCmA purchased a new stake in Eyes Lips Face during the 4th quarter worth approximately $178,000. MetLife Investment Advisors LLC purchased a new stake in Eyes Lips Face during the 4th quarter worth approximately $225,000. Essex Investment Management Co. LLC purchased a new stake in Eyes Lips Face during the 4th quarter worth approximately $323,000. Arlington Partners LLC purchased a new stake in Eyes Lips Face during the 4th quarter worth approximately $396,000. Finally, Millennium Management LLC purchased a new stake in Eyes Lips Face during the 4th quarter worth approximately $458,000. Institutional investors own 87.74% of the company’s stock.

Shares of ELF stock traded up $0.08 on Friday, hitting $20.03. The company had a trading volume of 269,530 shares, compared to its average volume of 275,788. The stock has a market cap of $932.81, a PE ratio of 41.73, a price-to-earnings-growth ratio of 3.03 and a beta of 1.10. The company has a quick ratio of 1.19, a current ratio of 2.41 and a debt-to-equity ratio of 0.76. Eyes Lips Face has a twelve month low of $17.76 and a twelve month high of $29.30.

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About Eyes Lips Face

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 Eyes Lips Face (NYSE:ELF)

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