The stock of e.l.f. Beauty Inc (ELF) has seen a 11.45% increase in the past week, with a 33.34% gain in the past month, and a 10.81% flourish in the past quarter. The volatility ratio for the week is 5.17%, and the volatility levels for the past 30 days are at 5.22% for ELF. The simple moving average for the past 20 days is 14.80% for ELF’s stock, with a 39.92% simple moving average for the past 200 days.
Is It Worth Investing in e.l.f. Beauty Inc (NYSE: ELF) Right Now?
e.l.f. Beauty Inc (NYSE: ELF) has a price-to-earnings ratio that is above its average at 95.28x. The stock has a 36-month beta value of 1.45. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 4 as “overweight,” 5 as “hold,” and 0 as “sell.”
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The public float for ELF is 53.60M, and at present, short sellers hold a 7.00% of that float. On June 18, 2024, the average trading volume of ELF was 1.58M shares.
ELF) stock’s latest price update
The stock of e.l.f. Beauty Inc (NYSE: ELF) has increased by 8.12 when compared to last closing price of 195.41.Despite this, the company has seen a gain of 11.45% in its stock price over the last five trading days. zacks.com reported 2024-06-18 that Recently, Zacks.com users have been paying close attention to e.l.f. Beauty (ELF).
Analysts’ Opinion of ELF
TD Cowen, on the other hand, stated in their research note that they expect to see ELF reach a price target of $190, previously predicting the price at $220. The rating they have provided for ELF stocks is “Buy” according to the report published on April 17th, 2024.
Robert W. Baird gave a rating of “Neutral” to ELF, setting the target price at $185 in the report published on January 30th of the current year.
ELF Trading at 22.06% from the 50-Day Moving Average
After a stumble in the market that brought ELF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.76% of loss for the given period.
Volatility was left at 5.22%, however, over the last 30 days, the volatility rate increased by 5.17%, as shares surge +37.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +27.25% upper at present.
During the last 5 trading sessions, ELF rose by +11.19%, which changed the moving average for the period of 200-days by +51.97% in comparison to the 20-day moving average, which settled at $186.89. In addition, e.l.f. Beauty Inc saw 46.38% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ELF starting from WOLFORD RICHARD G, who sale 11,072 shares at the price of $181.13 back on Jun 07 ’24. After this action, WOLFORD RICHARD G now owns 12,741 shares of e.l.f. Beauty Inc, valued at $2,005,525 using the latest closing price.
AMIN TARANG, the Chief Executive Officer of e.l.f. Beauty Inc, sale 14,952 shares at $184.39 during a trade that took place back on Jun 06 ’24, which means that AMIN TARANG is holding 186,715 shares at $2,757,052 based on the most recent closing price.
Stock Fundamentals for ELF
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.69 for the gross margin
The net margin for e.l.f. Beauty Inc stands at 0.12. The total capital return value is set at 0.18. Equity return is now at value 24.23, with 14.80 for asset returns.
Based on e.l.f. Beauty Inc (ELF), the company’s capital structure generated 0.3 points at debt to capital in total, while cash flow to debt ratio is standing at 0.27. The debt to equity ratio resting at 0.42. The interest coverage ratio of the stock is 11.38.
Currently, EBITDA for the company is 183.03 million with net debt to EBITDA at 0.97. When we switch over and look at the enterprise to sales, we see a ratio of 11.64. The receivables turnover for the company is 8.27for trailing twelve months and the total asset turnover is 0.91. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.59.
Conclusion
To sum up, e.l.f. Beauty Inc (ELF) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
