The price of e.l.f. Beauty Inc (NYSE: ELF) closed at $191.97 in the last session, down -2.07% from day before closing price of $196.03. In other words, the price has decreased by -$4.06 from its previous closing price. On the day, 1705290 shares were traded. ELF stock price reached its highest trading level at $196.36 during the session, while it also had its lowest trading level at $187.05.
Ratios:
We take a closer look at ELF’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 142.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 174.81. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 1.50. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.30.
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, Robert W. Baird on January 30, 2024, initiated with a Neutral rating and assigned the stock a target price of $185.
On January 22, 2024, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also upped its target price recommendation from $137 to $168.
Raymond James Upgraded its Outperform to Strong Buy on October 23, 2023, whereas the target price for the stock was revised from $145 to $140.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 08 ’24 when Franks Joshua Allen sold 6,540 shares for $206.32 per share. The transaction valued at 1,349,327 led to the insider holds 84,463 shares of the business.
AMIN TARANG sold 23,519 shares of ELF for $4,677,740 on Mar 05 ’24. The Chief Executive Officer now owns 10,889 shares after completing the transaction at $198.89 per share. On Feb 29 ’24, another insider, Tait Gayle, who serves as the Director of the company, sold 835 shares for $206.00 each. As a result, the insider received 172,010 and left with 3,020 shares of the company.
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 10.66B and an Enterprise Value of 10.88B. As of this moment, e.l.f.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 85.09, and their Forward P/E ratio for the next fiscal year is 53.69. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.97 while its Price-to-Book (P/B) ratio in mrq is 17.32. Its current Enterprise Value per Revenue stands at 12.22 whereas that against EBITDA is 62.97.
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 $78.62. The 50-Day Moving Average of the stock is 185.55, while the 200-Day Moving Average is calculated to be 137.87.
Shares Statistics:
According to the various share statistics, ELF traded on average about 1.46M shares per day over the past 3-months and 1.17M shares per day over the past 10 days. A total of 53.77M shares are outstanding, with a floating share count of 53.06M. Insiders hold about 4.41% of the company’s shares, while institutions hold 99.13% stake in the company. Shares short for ELF as of Mar 15, 2024 were 2.69M with a Short Ratio of 1.84, compared to 2.86M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.84% and a Short% of Float of 6.91%.
Earnings Estimates
The company has 15 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.31 for the current quarter, with a high estimate of $0.55 and a low estimate of $0.19, while EPS last year was $0.42. The consensus estimate for the next quarter is $1.22, with high estimates of $1.38 and low estimates of $0.91.
Analysts are recommending an EPS of between $3.2 and $2.85 for the fiscal current year, implying an average EPS of $2.96. EPS for the following year is $3.58, with 15 analysts recommending between $3.92 and $3.26.
Revenue Estimates
According to 14 analysts, the current quarter’s revenue is expected to be $290.44M. It ranges from a high estimate of $305.04M to a low estimate of $282.3M. As of the current estimate, e.l.f. Beauty Inc’s year-ago sales were $187.36M, an estimated increase of 55.00% from the year-ago figure.
A total of 15 analysts have provided revenue estimates for ELF’s current fiscal year. The highest revenue estimate was $1.01B, while the lowest revenue estimate was $985.1M, resulting in an average revenue estimate of $993.46M. In the same quarter a year ago, actual revenue was $578.84M, up 71.60% from the average estimate. Based on 15 analysts’ estimates, the company’s revenue will be $1.27B in the next fiscal year. The high estimate is $1.31B and the low estimate is $1.2B. The average revenue growth estimate for next year is up 27.50% from the average revenue estimate for this year.
