e.l.f. Beauty Inc [ELF] stock prices are up 7.06% to $136.40 at the moment. 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 9.74% over the last week, with a monthly amount glided 31.29%, and 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 October 16, 2024, when Truist reiterated its Buy rating and also revised its price target to $130 from $210. Previously, B. Riley Securities started tracking the stock with Buy rating on September 10, 2024, and set its price target to $175. On September 09, 2024, BofA Securities reiterated its Buy rating and revised its price target to $190 on the stock. Robert W. Baird upgraded its rating to a Outperform and increased its price target to $230 on July 18, 2024. Canaccord Genuity reiterated its recommendation of a Buy and raised its price target to $250 on June 18, 2024. TD Cowen upgraded its rating to Buy for this stock on April 17, 2024, and downed its price target to $190. In a note dated January 30, 2024, Robert W. Baird initiated an Neutral rating and provided a target price of $185 on this stock.
The stock price of e.l.f. Beauty Inc [ELF] has been fluctuating between $98.50 and $221.83 over the past year. Currently, Wall Street analysts expect the stock to reach $170.17 within the next 12 months. e.l.f. Beauty Inc [NYSE: ELF] shares were valued at $136.40 at the most recent close of the market. An investor can expect a potential return of 24.76% based on the average ELF price forecast.
Analyzing the ELF fundamentals
The e.l.f. Beauty Inc [NYSE:ELF] reported sales of 1.22B for trailing twelve months, representing a surge of 39.71%. Gross Profit Margin for this corporation currently stands at 0.71% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.16 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.35.
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 130.59 points at the first support level, and at 124.78 for the second support level. However, for the 1st resistance point, the stock is sitting at 140.12, and for the 2nd resistance point, it is at 143.84.
Ratios To Look Out For
It’s worth pointing out that e.l.f. Beauty Inc [NYSE:ELF]’s Current Ratio is 1.78. Also, the Quick Ratio is 1.01, while the Cash Ratio stands at 0.31. Considering the valuation of this stock, the price to sales ratio is 6.31, the price to book ratio is 10.56 and price to earnings (TTM) ratio is 73.76.
Transactions by insiders
Recent insider trading involved Watson Maureen C., Director, that happened on Nov 29 ’24 when 785.0 shares were sold. Director, Watson Maureen C. completed a deal on Nov 26 ’24 to buy 785.0 shares. Meanwhile, Director Levitan Lauren Cooks sold 8800.0 shares on Nov 12 ’24.
