In a report released today, Korinne Wolfmeyer from Piper Sandler maintained a Buy rating on e.l.f. Beauty (ELF – Research Report), with a price target of $152.00. The company’s shares closed yesterday at $103.70.
According to TipRanks, Wolfmeyer is an analyst with an average return of -7.3% and a 24.36% success rate. Wolfmeyer covers the Consumer Cyclical sector, focusing on stocks such as The Estée Lauder Companies, e.l.f. Beauty, and Ulta Beauty.
In addition to Piper Sandler, e.l.f. Beauty also received a Buy from Bank of America Securities’s Anna Lizzul in a report issued today. However, yesterday, Stifel Nicolaus maintained a Hold rating on e.l.f. Beauty (NYSE: ELF).
See Insiders’ Hot Stocks on TipRanks >>
ELF market cap is currently $5.71B and has a P/E ratio of 58.64.
Based on the recent corporate insider activity of 97 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ELF in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
e.l.f. Beauty (ELF) Company Description:
e.l.f. Beauty, Inc. is a holding company, which engages in the provision of cosmetic and skin-care product. It operates through the U.S and International geographical segments. The company focuses on the e-commerce, national retailers, and international business channels. Its product portfolio includes eyes, lips, face, kits, tools, and skin care categories. The company was founded in 2004 and is headquartered in Oakland, CA.
Read More on ELF:
- e.l.f. Beauty price target lowered to $139 from $150 at JPMorgan
- e.l.f. Beauty price target lowered to $152 from $164 at Piper Sandler
- e.l.f. Beauty upgraded, AutoZone downgraded: Wall Street’s top analyst calls
- e.l.f. Beauty upgraded to Buy at Jefferies on valuation
- e.l.f. Beauty upgraded to Buy from Hold at Jefferies
