Market Recap: e.l.f. Beauty Inc (ELF)’s Negative Momentum, Closing at 121.71

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The closing price of e.l.f. Beauty Inc (NYSE: ELF) was $121.71 for the day, down -0.77% from the previous closing price of $122.66. In other words, the price has decreased by -$0.77 from its previous closing price. On the day, 2.45 million shares were traded. ELF stock price reached its highest trading level at $122.9204 during the session, while it also had its lowest trading level at $117.8077.

Ratios:

Our analysis of ELF’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 70.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 293.12. For the most recent quarter (mrq), Quick Ratio is recorded 1.01 and its Current Ratio is at 1.78. In the meantime, Its Debt-to-Equity ratio is 0.41 whereas as Long-Term Debt/Eq ratio is at 0.26.

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, Truist on October 16, 2024, Reiterated its Buy rating but revised its target price to $130 from $210 previously.

On September 10, 2024, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $175.

BofA Securities reiterated its Buy rating for the stock on September 09, 2024, while the target price for the stock was revised from $230 to $190.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 12 ’24 when Levitan Lauren Cooks sold 8,800 shares for $130.15 per share. The transaction valued at 1,145,324 led to the insider holds 15,497 shares of the business.

Levitan Lauren Cooks bought 8,800 shares of ELF for $1,145,324 on Nov 12 ’24. On Sep 05 ’24, another insider, AMIN TARANG, who serves as the Chief Executive Officer of the company, sold 16,688 shares for $136.18 each. As a result, the insider received 2,272,639 and left with 106,016 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 6856046080 and an Enterprise Value of 7060548608. As of this moment, e.l.f.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 65.82, and their Forward P/E ratio for the next fiscal year is 28.19. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.63 while its Price-to-Book (P/B) ratio in mrq is 9.42. Its current Enterprise Value per Revenue stands at 5.799 whereas that against EBITDA is 42.818.

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 $98.50. The 50-Day Moving Average of the stock is 8.86%, while the 200-Day Moving Average is calculated to be -24.77%.

Shares Statistics:

ELF traded an average of 2.53M shares per day over the past three months and 3845120 shares per day over the past ten days. A total of 55.58M shares are outstanding, with a floating share count of 54.05M. Insiders hold about 4.06% of the company’s shares, while institutions hold 99.41% stake in the company. Shares short for ELF as of 1730332800 were 4916136 with a Short Ratio of 1.94, compared to 1727654400 on 4644379. Therefore, it implies a Short% of Shares Outstanding of 4916136 and a Short% of Float of 12.1199995.

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