Oppenheimer Comments on e.l.f. Beauty Inc’s FY2020 Earnings (NYSE:ELF)
e.l.f. Beauty Inc (NYSE:ELF) – Oppenheimer raised their FY2020 earnings per share estimates for e.l.f. Beauty in a report issued on Wednesday, November 6th, Zacks Investment Research reports. Oppenheimer analyst R. Parikh now anticipates that the company will earn $0.27 per share for the year, up from their previous forecast of $0.21. Oppenheimer currently has a “Hold” rating on the stock. Oppenheimer also issued estimates for e.l.f. Beauty’s FY2021 earnings at $0.30 EPS.
A number of other brokerages have also weighed in on ELF. Morgan Stanley boosted their price objective on e.l.f. Beauty from $17.50 to $19.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. DA Davidson set a $21.00 price objective on e.l.f. Beauty and gave the stock a “buy” ...