e.l.f. Beauty (NYSE:ELF) posted its earnings results on Thursday. The company reported $0.10 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.05 by $0.05, Briefing.com reports. The company had revenue of $74.71 million during the quarter, compared to analyst estimates of $64.11 million. e.l.f. Beauty had a return on equity of 8.52% and a net margin of 6.32%. The company’s revenue for the quarter was up 13.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.06 EPS.
Shares of ELF opened at $16.86 on Friday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.92 and a current ratio of 2.71. The stock has a 50 day simple moving average of $11.67 and a 200 day simple moving average of $14.60. e.l.f. Beauty has a 52-week low of $7.58 and a 52-week high of $20.00. The firm has a market capitalization of $720.90 million, a PE ratio of 37.97 and a beta of 2.23.
Several equities analysts have recently issued reports on ELF shares. Oppenheimer restated a “hold” rating on shares of e.l.f. Beauty in a research report on Thursday. DA Davidson restated a “buy” rating and set a $18.50 target price (up from $17.00) on shares of e.l.f. Beauty in a research report on Friday. Morgan Stanley boosted their target price on e.l.f. Beauty from $12.00 to $13.00 and gave the stock an “overweight” rating in a research report on Friday. ValuEngine upgraded e.l.f. Beauty from a “sell” rating to a “hold” rating in a research report on Thursday, April 2nd. Finally, SunTrust Banks boosted their target price on e.l.f. Beauty from $15.00 to $20.00 and gave the stock a “buy” rating in a research report on Friday. One research analyst has rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $18.25.
e.l.f. Beauty, Inc, a beauty company, provides cosmetic and skin care products under the e.l.f. brand name worldwide. The company offers eye, lip, face, and skin care products, as well as kits and tools. It sells its products through national and international retailers and direct-to-consumer channels, which include e-commerce and e.l.f.
Recommended Story: Do back-end load funds outperform no-load funds?
Receive News & Ratings for e.l.f. Beauty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for e.l.f. Beauty and related companies with MarketBeat.com's FREE daily email newsletter.