A share price of e.l.f. Beauty Inc [ELF] is currently trading at $107.46, up 1.94%. An important factor to consider is whether the stock is rising or falling in short-term value. The ELF shares have gain 2.17% over the last week, with a monthly amount drifted -5.80%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
e.l.f. Beauty Inc [NYSE: ELF] stock has seen the most recent analyst activity on September 10, 2024, when B. Riley Securities initiated its Buy rating and assigned the stock a price target of $175. Previously, BofA Securities reaffirmed its Buy rating on September 09, 2024, and dropped its price target to $190. On July 18, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $230 on the stock. Canaccord Genuity reiterated its Buy rating and increased its price target to $250 on June 18, 2024. TD Cowen upgraded its rating to a Buy and reduced its price target to $190 on April 17, 2024. Robert W. Baird started tracking with a Neutral rating for this stock on January 30, 2024, and assigned it a price target of $185. In a note dated January 22, 2024, Morgan Stanley downgraded an Equal-Weight rating on this stock and boosted its target price from $137 to $168.
e.l.f. Beauty Inc experienced fluctuations in its stock price throughout the past year between $88.47 and $221.83. Currently, Wall Street analysts expect the stock to reach $163.64 within the next 12 months. e.l.f. Beauty Inc [NYSE: ELF] shares were valued at $107.46 at the most recent close of the market. An investor can expect a potential return of 52.28% based on the average ELF price forecast.
Analyzing the ELF fundamentals
Trailing Twelve Months sales for e.l.f. Beauty Inc [NYSE:ELF] were 1.13B which represents 49.99% growth. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.23 and Total Capital is 0.18. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.42.
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 104.32 points at the first support level, and at 101.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 109.28, and for the 2nd resistance point, it is at 111.10.
Ratios To Look Out For
To put it in perspective, the Current Ratio for e.l.f. Beauty Inc [NYSE:ELF] is 1.77. On the other hand, the Quick Ratio is 1.10, and the Cash Ratio is 0.36. Considering the valuation of this stock, the price to sales ratio is 5.35, the price to book ratio is 8.61 and price to earnings (TTM) ratio is 51.09.
Transactions by insiders
Recent insider trading involved AMIN TARANG, Chief Executive Officer, that happened on Sep 05 ’24 when 16688.0 shares were sold. Chief Executive Officer, AMIN TARANG completed a deal on Sep 05 ’24 to sell 6840.0 shares. Meanwhile, Director TP AMIN IRREVOCABLE TRUST U/T/ bought 3420.0 shares on Sep 05 ’24.
