The stock of e.l.f. Beauty Inc (ELF) has seen a -13.60% decrease in the past week, with a -19.81% drop in the past month, and a 7.05% flourish in the past quarter. The volatility ratio for the week is 7.02%, and the volatility levels for the past 30 days are at 5.47% for ELF. The simple moving average for the last 20 days is -15.98% for ELF’s stock, with a simple moving average of 5.09% for the last 200 days.
Is It Worth Investing in e.l.f. Beauty Inc (NYSE: ELF) Right Now?
The price-to-earnings ratio for e.l.f. Beauty Inc (NYSE: ELF) is above average at 75.66x, Company’s 36-month beta value is 1.46.Analysts have differing opinions on the stock, 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 54.06M, and currently, short sellers hold a 5.80% ratio of that floaft. The average trading volume of ELF on July 22, 2024 was 1.61M shares.
ELF) stock’s latest price update
e.l.f. Beauty Inc (NYSE: ELF)’s stock price has gone decline by -5.48 in comparison to its previous close of 177.52, however, the company has experienced a -13.60% decrease in its stock price over the last five trading days. zacks.com reported 2024-07-18 that E.l.f. Beauty (ELF) reachead $170.94 at the closing of the latest trading day, reflecting a +0.14% change compared to its last close.
Analysts’ Opinion of ELF
Many brokerage firms have already submitted their reports for ELF stocks, with Robert W. Baird repeating the rating for ELF by listing it as a “Outperform.” The predicted price for ELF in the upcoming period, according to Robert W. Baird is $230 based on the research report published on July 18, 2024 of the current year 2024.
Canaccord Genuity, on the other hand, stated in their research note that they expect to see ELF reach a price target of $250, previously predicting the price at $214. The rating they have provided for ELF stocks is “Buy” according to the report published on June 18th, 2024.
TD Cowen gave a rating of “Buy” to ELF, setting the target price at $190 in the report published on April 17th of the current year.
ELF Trading at -10.81% 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 -24.36% of loss for the given period.
Volatility was left at 5.47%, however, over the last 30 days, the volatility rate increased by 7.02%, as shares sank -18.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.37% upper at present.
During the last 5 trading sessions, ELF fell by -14.10%, which changed the moving average for the period of 200-days by +68.31% in comparison to the 20-day moving average, which settled at $197.74. In addition, e.l.f. Beauty Inc saw 16.24% 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 Franks Joshua Allen, who sale 3,370 shares at the price of $201.28 back on Jul 15 ’24. After this action, Franks Joshua Allen now owns 71,986 shares of e.l.f. Beauty Inc, valued at $678,316 using the latest closing price.
AMIN TARANG, the Chief Executive Officer of e.l.f. Beauty Inc, sale 15,386 shares at $200.85 during a trade that took place back on Jul 05 ’24, which means that AMIN TARANG is holding 171,329 shares at $3,090,254 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 9.43. 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
In a nutshell, e.l.f. Beauty Inc (ELF) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
