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As of close of business last night, e.l.f. Beauty Inc’s stock clocked out at $109.94, down -4.76% from its previous closing price of $115.43. In other words, the price has decreased by -$4.76 from its previous closing price. On the day, 3.23 million shares were traded. ELF stock price reached its highest trading level at $114.99 during the session, while it also had its lowest trading level at $106.8401.
Ratios:
To gain a deeper understanding of ELF’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 56.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 154.03. 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, B. Riley Securities on September 10, 2024, initiated with a Buy rating and assigned the stock a target price of $175.
On September 09, 2024, BofA Securities reiterated its Buy rating and also upped its target price recommendation from $230 to $190.
Robert W. Baird Upgraded its Neutral to Outperform on July 18, 2024, whereas the target price for the stock was revised from $210 to $230.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 6199319040 and an Enterprise Value of 6394566656. As of this moment, e.l.f.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 52.27, and their Forward P/E ratio for the next fiscal year is 25.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.48 while its Price-to-Book (P/B) ratio in mrq is 8.81. Its current Enterprise Value per Revenue stands at 5.649 whereas that against EBITDA is 36.928.
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 $88.47. The 50-Day Moving Average of the stock is -16.40%, while the 200-Day Moving Average is calculated to be -34.15%.
Shares Statistics:
It appears that ELF traded 2.27M shares on average per day over the past three months and 2137850 shares per day 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 94.05% stake in the company. Shares short for ELF as of 1727654400 were 4644379 with a Short Ratio of 2.05, compared to 1724976000 on 3891198. Therefore, it implies a Short% of Shares Outstanding of 4644379 and a Short% of Float of 11.44.
