e.l.f. Beauty Inc [ELF] stock is trading at $168.32, up 4.19%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ELF shares have gain 4.30% over the last week, with a monthly amount glided 1.59%, and 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.
e.l.f. Beauty Inc [ELF] stock has fluctuated 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 $168.32 at the most recent close of the market. An investor can expect a potential drop of -32.34% based on the average ELF price forecast.
Analyzing the ELF fundamentals
e.l.f. Beauty Inc [NYSE:ELF] reported sales of 890.15M for the trailing twelve months, which represents a growth 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 165.18 points at the first support level, and at 162.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 170.61, and for the 2nd resistance point, it is at 172.91.
Ratios To Look Out For
For context, e.l.f. Beauty Inc’s Current Ratio is 1.50. Also, the Quick Ratio is 0.83, while the Cash Ratio stands at 0.25. Considering the valuation of this stock, the price to sales ratio is 10.50, the price to book ratio is 15.18 and price to earnings (TTM) ratio is 74.61.
Transactions by insiders
Recent insider trading involved AMIN TARANG, Chief Executive Officer, that happened on May 06 ’24 when 23519.0 shares were sold. SVP, Operations, Franks Joshua Allen completed a deal on Apr 23 ’24 to sell 12506.0 shares. Meanwhile, FIELDS MANDY J sold 1250.0 shares on Apr 23 ’24.
