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In the latest session, e.l.f. Beauty Inc (NYSE: ELF) closed at $107.13 up 3.12% from its previous closing price of $103.89. In other words, the price has increased by $3.12 from its previous closing price. On the day, 1.74 million shares were traded. ELF stock price reached its highest trading level at $107.55 during the session, while it also had its lowest trading level at $103.3.
Ratios:
For a deeper understanding of e.l.f. Beauty Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 55.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 150.08. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.77. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.27.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 05 ’24 when AMIN TARANG sold 16,688 shares for $136.18 per share. The transaction valued at 2,272,639 led to the insider holds 106,016 shares of the business.
AMIN TARANG sold 6,840 shares of ELF for $931,234 on Sep 05 ’24. The Chief Executive Officer now owns 211,087 shares after completing the transaction at $136.15 per share. On Sep 05 ’24, another insider, TP AMIN IRREVOCABLE TRUST U/T/, who serves as the Director of the company, bought 3,420 shares for $137.32 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 6040867840 and an Enterprise Value of 6236115968. As of this moment, e.l.f.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 50.94, and their Forward P/E ratio for the next fiscal year is 24.55. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.34 while its Price-to-Book (P/B) ratio in mrq is 8.59. Its current Enterprise Value per Revenue stands at 5.509 whereas that against EBITDA is 36.013.
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 $92.16. The 50-Day Moving Average of the stock is -6.64%, while the 200-Day Moving Average is calculated to be -34.57%.
Shares Statistics:
For the past three months, ELF has traded an average of 2.40M shares per day and 1994420 over the past ten days. A total of 55.58M shares are outstanding, with a floating share count of 54.10M. Insiders hold about 4.05% of the company’s shares, while institutions hold 98.55% stake in the company. Shares short for ELF as of 1728950400 were 4482617 with a Short Ratio of 1.87, compared to 1726185600 on 4648088. Therefore, it implies a Short% of Shares Outstanding of 4482617 and a Short% of Float of 11.04.
