Detailed Review Of Prospects For e.l.f. Beauty Inc Stock

e.l.f. Beauty Inc [ELF] stock is trading at $129.09, up 1.49%. 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 lost -1.84% over the last week, with a monthly amount glided 6.06%, 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 December 13, 2024, when Goldman initiated its Buy rating and assigned the stock a price target of $165. Previously, Deutsche Bank started tracking the stock with Hold rating on December 12, 2024, and set its price target to $133. On October 16, 2024, Truist reiterated its Buy rating and revised its price target to $130 on the stock. B. Riley Securities started tracking the stock assigning a Buy rating and suggested a price target of $175 on September 10, 2024. BofA Securities reiterated its recommendation of a Buy and reduced its price target to $190 on September 09, 2024. Robert W. Baird upgraded its rating to Outperform for this stock on July 18, 2024, and upped its price target to $230. In a note dated June 18, 2024, Canaccord Genuity reiterated an Buy rating on this stock and boosted its target price from $214 to $250.

e.l.f. Beauty Inc [ELF] stock has fluctuated between $98.50 and $221.83 over the past year. Currently, Wall Street analysts expect the stock to reach $154.2 within the next 12 months. e.l.f. Beauty Inc [NYSE: ELF] shares were valued at $129.09 at the most recent close of the market. An investor can expect a potential return of 19.45% based on the average ELF price forecast.

Analyzing the ELF fundamentals

e.l.f. Beauty Inc [NYSE:ELF] reported sales of 1.22B for the trailing twelve months, which represents a growth 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 125.27 points at the first support level, and at 121.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 131.14, and for the 2nd resistance point, it is at 133.18.

Ratios To Look Out For

For context, e.l.f. Beauty Inc’s Current Ratio is 1.78. Further, the Quick Ratio stands at 1.01, while the Cash Ratio is 0.31. Considering the valuation of this stock, the price to sales ratio is 5.97, the price to book ratio is 9.99 and price to earnings (TTM) ratio is 69.81.

Transactions by insiders

Recent insider trading involved AMIN TARANG, Chief Executive Officer, that happened on Dec 06 ’24 when 890.0 shares were sold., Milsten Scott completed a deal on Dec 06 ’24 to sell 530.0 shares. Meanwhile, Director Watson Maureen C. sold 785.0 shares on Nov 29 ’24.

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