e.l.f. Beauty (NYSE:ELF) issued an update on its FY18 earnings guidance on Monday morning. The company provided EPS guidance of $0.59-0.61 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.57. e.l.f. Beauty also updated its FY 2018 guidance to $0.59-0.61 EPS.
ELF traded up $0.23 during mid-day trading on Monday, reaching $11.10. The stock had a trading volume of 722,688 shares, compared to its average volume of 549,093. The firm has a market capitalization of $517.21 million, a price-to-earnings ratio of 23.13, a PEG ratio of 5.02 and a beta of 1.35. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 3.58. e.l.f. Beauty has a 52 week low of $9.30 and a 52 week high of $23.85.
e.l.f. Beauty (NYSE:ELF) last announced its quarterly earnings data on Wednesday, August 8th. The company reported $0.13 EPS for the quarter, beating the Zacks’ consensus estimate of $0.06 by $0.07. The firm had revenue of $59.06 million for the quarter, compared to analyst estimates of $59.20 million. e.l.f. Beauty had a return on equity of 11.60% and a net margin of 10.52%. The business’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period last year, the company earned $0.12 EPS. As a group, research analysts forecast that e.l.f. Beauty will post 0.32 EPS for the current year.
ELF has been the topic of a number of recent research reports. BMO Capital Markets set a $13.00 price objective on e.l.f. Beauty and gave the company a hold rating in a research report on Wednesday, August 8th. JPMorgan Chase & Co. set a $11.00 price objective on e.l.f. Beauty and gave the company a sell rating in a research report on Thursday, September 13th. ValuEngine upgraded e.l.f. Beauty from a sell rating to a hold rating in a research report on Wednesday, August 8th. TheStreet lowered e.l.f. Beauty from a c- rating to a d+ rating in a research report on Monday, July 16th. Finally, Zacks Investment Research upgraded e.l.f. Beauty from a sell rating to a hold rating in a research report on Monday, August 13th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus target price of $16.44.
In other news, insider Jonathan T. Fieldman sold 68,312 shares of the stock in a transaction on Wednesday, September 12th. The stock was sold at an average price of $13.46, for a total value of $919,479.52. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider John P. Bailey sold 86,600 shares of the stock in a transaction on Tuesday, October 23rd. The shares were sold at an average price of $10.61, for a total value of $918,826.00. The disclosure for this sale can be found here. In the last three months, insiders sold 423,040 shares of company stock worth $5,289,430. 15.50% of the stock is currently owned by company insiders.
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e.l.f. Beauty Company Profile
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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