e.l.f. Beauty (NYSE:ELF) had its target price trimmed by SunTrust Banks to $14.00 in a research note issued to investors on Monday morning, The Fly reports. The firm currently has a buy rating on the stock.

A number of other research firms have also weighed in on ELF. Zacks Investment Research raised shares of e.l.f. Beauty from a sell rating to a hold rating in a research report on Tuesday, July 10th. BMO Capital Markets set a $13.00 price objective on shares of e.l.f. Beauty and gave the stock a hold rating in a research report on Wednesday, August 8th. Jefferies Financial Group lowered shares of e.l.f. Beauty from a buy rating to a hold rating and increased their price objective for the stock from $18.00 to $30.00 in a research report on Thursday, August 9th. Citigroup lowered shares of e.l.f. Beauty from a buy rating to a neutral rating and reduced their price objective for the stock from $24.00 to $16.00 in a research report on Thursday, August 9th. Finally, ValuEngine lowered shares of e.l.f. Beauty from a hold rating to a sell rating in a research report on Thursday, May 3rd. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of $18.44.

Shares of NYSE ELF opened at $11.25 on Monday. 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 12-month low of $9.30 and a 12-month high of $25.00. The stock has a market cap of $484.38 million, a PE ratio of 23.44, a price-to-earnings-growth ratio of 1.84 and a beta of 1.16.

e.l.f. Beauty (NYSE:ELF) last posted its quarterly earnings data on Wednesday, August 8th. The company reported $0.13 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.06 by $0.07. e.l.f. Beauty had a net margin of 10.52% and a return on equity of 11.60%. The company had revenue of $59.06 million for the quarter, compared to analyst estimates of $59.20 million. During the same period in the prior year, the company posted $0.12 EPS. The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. sell-side analysts expect that e.l.f. Beauty will post 0.39 EPS for the current year.

In related news, CEO Tarang Amin bought 65,600 shares of the company’s stock in a transaction on Tuesday, August 14th. The shares were acquired at an average cost of $10.76 per share, for a total transaction of $705,856.00. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, Director Sabrina Simmons sold 4,000 shares of the company’s stock in a transaction dated Wednesday, May 23rd. The stock was sold at an average price of $19.90, for a total transaction of $79,600.00. The disclosure for this sale can be found here. Insiders sold a total of 51,300 shares of company stock worth $858,418 over the last 90 days. Insiders own 15.50% of the company’s stock.

Hedge funds have recently modified their holdings of the business. Point72 Hong Kong Ltd bought a new position in e.l.f. Beauty in the 2nd quarter worth about $112,000. MetLife Investment Advisors LLC bought a new position in e.l.f. Beauty in the 4th quarter worth about $225,000. Diversified Trust Co bought a new position in e.l.f. Beauty in the 2nd quarter worth about $169,000. SG Americas Securities LLC bought a new position in e.l.f. Beauty in the 2nd quarter worth about $185,000. Finally, Nisa Investment Advisors LLC bought a new position in e.l.f. Beauty in the 2nd quarter worth about $207,000. Institutional investors and hedge funds own 87.17% of the company’s stock.

About e.l.f. Beauty

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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