In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of e.l.f. Beauty Inc (NYSE: ELF) was $130.71 for the day, up 0.92% from the previous closing price of $129.52. In other words, the price has increased by $0.92 from its previous closing price. On the day, 2.41 million shares were traded. ELF stock price reached its highest trading level at $131.27 during the session, while it also had its lowest trading level at $121.52.
Ratios:
Our analysis of ELF’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 77.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 320.66. For the most recent quarter (mrq), Quick Ratio is recorded 1.01 and its Current Ratio is at 1.78. In the meantime, Its Debt-to-Equity ratio is 0.41 whereas as Long-Term Debt/Eq ratio is at 0.26.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Truist on October 16, 2024, Reiterated its Buy rating but revised its target price to $130 from $210 previously.
On September 10, 2024, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $175.
BofA Securities reiterated its Buy rating for the stock on September 09, 2024, while the target price for the stock was revised from $230 to $190.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 26 ’24 when Watson Maureen C. bought 785 shares for $130.00 per share.
Levitan Lauren Cooks sold 8,800 shares of ELF for $1,145,324 on Nov 12 ’24. The Director now owns 15,497 shares after completing the transaction at $130.15 per share. On Nov 12 ’24, another insider, Levitan Lauren Cooks, who serves as the Director of the company, bought 8,800 shares for $130.15 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ELF now has a Market Capitalization of 7363025408 and an Enterprise Value of 7567527936. As of this moment, e.l.f.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 70.68, and their Forward P/E ratio for the next fiscal year is 30.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.16 while its Price-to-Book (P/B) ratio in mrq is 10.12. Its current Enterprise Value per Revenue stands at 6.215 whereas that against EBITDA is 45.892.
Stock Price History:
Over the past 52 weeks, ELF has reached a high of $221.83, while it has fallen to a 52-week low of $98.50. The 50-Day Moving Average of the stock is 14.93%, while the 200-Day Moving Average is calculated to be -18.31%.
Shares Statistics:
ELF traded an average of 2.77M shares per day over the past three months and 3445140 shares per day over the past ten days. A total of 56.33M shares are outstanding, with a floating share count of 54.05M. Insiders hold about 4.06% of the company’s shares, while institutions hold 99.34% stake in the company. Shares short for ELF as of 1731628800 were 5542488 with a Short Ratio of 2.00, compared to 1728950400 on 4482617. Therefore, it implies a Short% of Shares Outstanding of 5542488 and a Short% of Float of 13.669999999999998.
