Trading Day Review: e.l.f. Beauty Inc (ELF) Loses Momentum, Closing at 101.51

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The price of e.l.f. Beauty Inc (NYSE: ELF) closed at $101.51 in the last session, down -4.14% from day before closing price of $105.89. In other words, the price has decreased by -$4.14 from its previous closing price. On the day, 2.86 million shares were traded. ELF stock price reached its highest trading level at $105.27 during the session, while it also had its lowest trading level at $100.1.

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 52.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 142.21. 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:

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 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 5970950144 and an Enterprise Value of 6166194688. As of this moment, e.l.f.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 48.26, and their Forward P/E ratio for the next fiscal year is 22.91. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.06 while its Price-to-Book (P/B) ratio in mrq is 8.14. Its current Enterprise Value per Revenue stands at 5.447 whereas that against EBITDA is 35.609.

Stock Price History:

The Beta on a monthly basis for ELF is 1.43, which has changed by 0.039972544 over the last 52 weeks, in comparison to a change of 0.3069358 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 -27.80%, while the 200-Day Moving Average is calculated to be -39.68%.

Shares Statistics:

According to the various share statistics, ELF traded on average about 2.17M shares per day over the past 3-months and 2338350 shares per day over the past 10 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 94.12% stake in the company. Shares short for ELF as of 1726185600 were 4648088 with a Short Ratio of 2.15, compared to 1723680000 on 3556306. Therefore, it implies a Short% of Shares Outstanding of 4648088 and a Short% of Float of 11.44.

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