e.l.f. Beauty Inc [ELF] stock prices are down -0.01% to $176.98 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ELF shares have gain 6.45% over the last week, with a monthly amount drifted -11.53%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
e.l.f. Beauty Inc [NYSE: ELF] stock has seen the most recent analyst activity on April 17, 2024, when TD Cowen upgraded its rating to a Buy and also revised its price target to $190 from $220. Previously, Robert W. Baird started tracking the stock with Neutral rating on January 30, 2024, and set its price target to $185. On January 22, 2024, downgrade downgraded it’s rating to Equal-Weight and revised its price target to $168 on the stock. Raymond James upgraded its rating to a Strong Buy and decreased its price target to $140 on October 23, 2023. Jefferies upgraded its rating to a Buy and raised its price target to $115 on October 06, 2023. UBS started tracking with a Buy rating for this stock on September 27, 2023, and assigned it a price target of $138. In a note dated July 24, 2023, Stifel reiterated an Hold rating on this stock and boosted its target price from $87 to $107.
The stock price of e.l.f. Beauty Inc [ELF] has been fluctuating between $83.80 and $221.83 over the past year. Currently, Wall Street analysts expect the stock to reach $113.88 within the next 12 months. e.l.f. Beauty Inc [NYSE: ELF] shares were valued at $176.98 at the most recent close of the market. An investor can expect a potential drop of -35.65% based on the average ELF price forecast.
Analyzing the ELF fundamentals
The e.l.f. Beauty Inc [NYSE:ELF] reported sales of 890.15M for trailing twelve months, representing a surge of 84.90%. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.26 and Total Capital is 0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.44.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 172.46 points at the first support level, and at 167.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 181.73, and for the 2nd resistance point, it is at 186.49.
e.l.f. Beauty Inc [ELF] reported earnings per share of $0.74 for its fiscal quarter that ended on 12/31/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.56/share, meaning a difference of $0.18 and a surprise factor of 32.10%. By comparison, the stated earnings for the previous quarter ended on 9/30/2023 were $0.82 per share as compared to estimates of $0.52 per share, a difference of $0.3 representing a surprise of 57.70%.
Ratios To Look Out For
It’s worth pointing out that e.l.f. Beauty Inc [NYSE:ELF]’s Current Ratio is 1.50. Further, the Quick Ratio stands at 0.83, while the Cash Ratio is 0.25. Considering the valuation of this stock, the price to sales ratio is 11.04, the price to book ratio is 15.97 and price to earnings (TTM) ratio is 78.45.
Transactions by insiders
Recent insider trading involved MARCHISOTTO KORY,, that happened on Apr 19 ’24 when 24992.0 shares were sold., FIELDS MANDY J completed a deal on Apr 19 ’24 to sell 23745.0 shares. Meanwhile, Milsten Scott sold 15007.0 shares on Apr 19 ’24.
