Morgan Stanley (NYSE:MS) analyst Dara Mohsenian maintained a Buy rating on e.l.f. Beauty (NYSE:ELF), Inc. on Wednesday, setting a price target of $25, which is approximately 17.76% above the present share price of $21.23.
Mohsenian expects e.l.f. Beauty, Inc. to post earnings per share (EPS) of $0.01 for the fourth quarter of 2020.
The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in e.l.f. Beauty, with an average price target of $24.25.
The analysts price targets range from a high of $25 to a low of $23.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $72.35 million and a net profit of $1.97 million. The company's market cap is $1.1 billion.
According to TipRanks.com, Morgan Stanley analyst Dara Mohsenian is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 4.1% and a 65.98% success rate.
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.