As of close of business last night, e.l.f. Beauty Inc’s stock clocked out at $208.53, up 1.85% from its previous closing price of $204.75. In other words, the price has increased by $+3.78 from its previous closing price. On the day, 1211664 shares were traded.
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 154.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 189.89. 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:
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 Feb 23 when Watson Maureen C. sold 7,000 shares for $182.00 per share. The transaction valued at 1,274,000 led to the insider holds 1,570 shares of the business.
AMIN TARANG sold 6,705 shares of ELF for $1,177,604 on Feb 12. The Chief Executive Officer now owns 252,792 shares after completing the transaction at $175.63 per share. On Feb 09, another insider, AMIN TARANG, who serves as the Chief Executive Officer of the company, sold 37,795 shares for $175.18 each. As a result, the insider received 6,620,943 and left with 252,792 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 11.37B and an Enterprise Value of 11.59B. As of this moment, e.l.f.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 92.43, and their Forward P/E ratio for the next fiscal year is 58.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.00 while its Price-to-Book (P/B) ratio in mrq is 18.81. Its current Enterprise Value per Revenue stands at 13.02 whereas that against EBITDA is 67.07.
Stock Price History:
Over the past 52 weeks, ELF has reached a high of $206.60, while it has fallen to a 52-week low of $67.59. The 50-Day Moving Average of the stock is 160.80, while the 200-Day Moving Average is calculated to be 124.85.
Shares Statistics:
It appears that ELF traded 1.43M shares on average per day over the past three months and 1.17M shares per day over the past ten days. A total of 53.77M shares are outstanding, with a floating share count of 53.04M. Insiders hold about 4.45% of the company’s shares, while institutions hold 99.05% stake in the company. Shares short for ELF as of Feb 15, 2024 were 2.86M with a Short Ratio of 2.01, compared to 3.24M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.16% and a Short% of Float of 7.36%.
Earnings Estimates
As of right now, 15 analysts gave their recommendation on the stock of the company. 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 $3.55, with 15 analysts recommending between $3.92 and $3.23.
Revenue Estimates
In the current quarter, 14 analysts expect revenue to total $289.64M. 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 54.60% 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 $992.64M. In the same quarter a year ago, actual revenue was $578.84M, up 71.50% from the average estimate. Based on 15 analysts’ estimates, the company’s revenue will be $1.26B 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 26.80% from the average revenue estimate for this year.
