Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
The price of e.l.f. Beauty Inc (NYSE: ELF) closed at $176.03 in the last session, down -0.54% from day before closing price of $176.98. In other words, the price has decreased by -$0.54 from its previous closing price. On the day, 2.06 million shares were traded. ELF stock price reached its highest trading level at $178.9599 during the session, while it also had its lowest trading level at $169.5.
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 130.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 160.29. 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 the company, TD Cowen on April 17, 2024, Upgraded its rating to Buy and sets its target price to $190 from $220 previously.
On January 30, 2024, Robert W. Baird started tracking the stock assigning a Neutral rating and target price of $185.
Morgan Stanley Downgraded its Overweight to Equal-Weight on January 22, 2024, whereas the target price for the stock was revised from $137 to $168.
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 Apr 23 ’24 when Franks Joshua Allen sold 12,506 shares for $172.50 per share. The transaction valued at 2,157,285 led to the insider holds 86,237 shares of the business.
FIELDS MANDY J sold 1,250 shares of ELF for $218,625 on Apr 23 ’24. The insider now owns 77,146 shares after completing the transaction at $174.90 per share. On Apr 19 ’24, another insider, MARCHISOTTO KORY, who serves as the insider of the company, sold 24,992 shares for $158.51 each. As a result, the insider received 3,961,483 and left with 131,977 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 9823618048 and an Enterprise Value of 9991707648. As of this moment, e.l.f.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 78.03, and their Forward P/E ratio for the next fiscal year is 49.45. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.98 while its Price-to-Book (P/B) ratio in mrq is 15.88. Its current Enterprise Value per Revenue stands at 11.225 whereas that against EBITDA is 59.295.
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 $83.80. The 50-Day Moving Average of the stock is -5.23%, while the 200-Day Moving Average is calculated to be 24.72%.
Shares Statistics:
According to the various share statistics, ELF traded on average about 1.51M shares per day over the past 3-months and 1881420 shares per day over the past 10 days. A total of 53.77M shares are outstanding, with a floating share count of 52.90M. Insiders hold about 4.70% of the company’s shares, while institutions hold 97.70% stake in the company. Shares short for ELF as of 1713139200 were 3366877 with a Short Ratio of 2.23, compared to 1710460800 on 2688432. Therefore, it implies a Short% of Shares Outstanding of 3366877 and a Short% of Float of 8.66.
