In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The price of e.l.f. Beauty Inc (NYSE: ELF) closed at $201.88 in the last session, down -1.15% from day before closing price of $204.23. In other words, the price has decreased by -$1.15 from its previous closing price. On the day, 0.58 million shares were traded. ELF stock price reached its highest trading level at $205.35 during the session, while it also had its lowest trading level at $200.16.
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 105.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 182.17. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 1.59. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.29.
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, Canaccord Genuity on June 18, 2024, Reiterated its Buy rating but revised its target price to $250 from $214 previously.
On April 17, 2024, TD Cowen Upgraded its rating to Buy which previously was Hold and also lowered its target price recommendation from $220 to $190.
On January 30, 2024, Robert W. Baird started tracking the stock assigning a Neutral rating and target price of $185.Robert W. Baird initiated its Neutral rating on January 30, 2024, with a $185 target price.
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 Jun 07 ’24 when WOLFORD RICHARD G sold 11,072 shares for $181.13 per share. The transaction valued at 2,005,525 led to the insider holds 12,741 shares of the business.
AMIN TARANG sold 14,952 shares of ELF for $2,757,052 on Jun 06 ’24. The Chief Executive Officer now owns 186,715 shares after completing the transaction at $184.39 per share. On Jun 06 ’24, another insider, MARCHISOTTO KORY, who serves as the insider of the company, sold 13,163 shares for $184.25 each. As a result, the insider received 2,425,280 and left with 109,815 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 11300816896 and an Enterprise Value of 11483231232. As of this moment, e.l.f.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 91.04, and their Forward P/E ratio for the next fiscal year is 47.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.12 while its Price-to-Book (P/B) ratio in mrq is 17.46. Its current Enterprise Value per Revenue stands at 11.215 whereas that against EBITDA is 64.661.
Stock Price History:
The Beta on a monthly basis for ELF is 1.46, which has changed by 0.8183619 over the last 52 weeks, in comparison to a change of 0.25510752 over the same period for the S&P500. 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 11.10%, while the 200-Day Moving Average is calculated to be 30.53%.
Shares Statistics:
According to the various share statistics, ELF traded on average about 1.72M shares per day over the past 3-months and 1938150 shares per day over the past 10 days. A total of 55.58M shares are outstanding, with a floating share count of 54.03M. Insiders hold about 4.19% of the company’s shares, while institutions hold 90.83% stake in the company. Shares short for ELF as of 1718323200 were 3454272 with a Short Ratio of 2.01, compared to 1715731200 on 4338179. Therefore, it implies a Short% of Shares Outstanding of 3454272 and a Short% of Float of 8.7799996.
Earnings Estimates
Currently, 14.0 analysts are dedicated to thoroughly evaluating and rating the performance of e.l.f. Beauty Inc (ELF) in the stock market.On average, analysts expect EPS of $0.85 for the current quarter, with a high estimate of $1.21 and a low estimate of $0.68, while EPS last year was $1.1. The consensus estimate for the next quarter is $0.77, with high estimates of $0.94 and low estimates of $0.65.
Analysts are recommending an EPS of between $3.68 and $3.2 for the fiscal current year, implying an average EPS of $3.4. EPS for the following year is $4.27, with 14.0 analysts recommending between $4.8 and $3.77.
Revenue Estimates
For the next quarter, 13 analysts are estimating revenue of $290.31M. There is a high estimate of $300.88M for the next quarter, whereas the lowest estimate is $279.03M.
A total of 14 analysts have provided revenue estimates for ELF’s current fiscal year. The highest revenue estimate was $1.32B, while the lowest revenue estimate was $1.25B, resulting in an average revenue estimate of $1.29B. In the same quarter a year ago, actual revenue was $1.02BBased on 14 analysts’ estimates, the company’s revenue will be $1.52B in the next fiscal year. The high estimate is $1.62B and the low estimate is $1.4B.
